ICPAX's Sortino Ratio of 3.49 indicates that for each unit of downside volatility, it generates 3.49 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
ICPAX Sortino Ratio Rank
ICPAX ranks above 70.0% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Above-average downside protection with room for improvement
- Compare against category peers to gauge relative positioning
- Monitor for movement toward top tier or decline toward median
- Consider pairing with top-tier holdings to improve portfolio risk profile
ICPAX Sortino Ratio Market Positioning
The chart shows ICPAX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 2.08 or lower
- Yellow zone (middle 50%): 2.08 to 3.62
- Green zone (top 25%): 3.62 or higher
- Top 1%: 9.21+
- Median: 2.98 — half of all investments score higher
How it compares to other similar mutual funds
The table compares Integrity Mid-North American Resources Fund's Sortino Ratio with other mutual funds in the Energy Equities category across multiple time periods, showing how ICPAX's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| MLOZX | Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 5.60 | |||
| RSNRX | Victory Global Energy Transition Fund | 5.33 | |||
| RSNYX | Victory Global Energy Transition Fund Class Y | 5.32 | |||
| IEYYX | Delaware Ivy Energy Fund | 4.91 | |||
| GOFIX | GMO Resources Fund | 4.86 | |||
| FRNRX | Franklin Natural Resources Fund | 4.47 | |||
| IGNAX | Delaware Ivy Natural Resources Fund | 4.13 | |||
| PRNEX | T. Rowe Price New Era Fund | 3.98 | |||
| DNLAX | BNY Mellon Natural Resources Fund Class A | 3.93 | |||
| OEPIX | Oil Equipment & Services UltraSector ProFund | 3.93 | |||
| ICPAX | Integrity Mid-North American Resources Fund | 3.49 |
Historical Sortino Ratio
The chart shows ICPAX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when ICPAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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