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ICON Health and Information Technology Fund (ICTEX...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US78410K7413
CUSIP
44929K887
Inception Date
Feb 18, 1997
Min. Investment
$1,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ICON Health and Information Technology Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

ICON Health and Information Technology Fund (ICTEX) has returned -4.55% so far this year and 25.87% over the past 12 months. Looking at the last ten years, ICTEX has achieved an annualized return of 13.64%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


ICON Health and Information Technology Fund

1D
-1.28%
1M
-10.15%
YTD
-4.55%
6M
-2.18%
1Y
25.87%
3Y*
14.48%
5Y*
6.79%
10Y*
13.64%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 19, 1997, ICTEX's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, your investment would double in approximately 7.4 years.

Historically, 59% of months were positive and 41% were negative. The best month was Feb 2000 with a return of +21.5%, while the worst month was Dec 2000 at -44.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ICTEX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.0%, while the worst single day was Dec 18, 2000 at -46.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.84%0.37%-10.15%-4.55%
20256.57%-8.29%-8.79%2.34%7.13%7.30%-0.36%3.26%6.32%5.01%-1.97%-0.45%17.55%
20240.88%4.59%2.58%-5.47%2.66%3.89%2.37%2.44%0.65%-3.48%10.96%-2.34%20.45%
20233.82%-2.83%1.42%-0.20%-0.13%3.41%1.03%0.00%-3.78%-2.40%7.72%5.38%13.59%
2022-7.30%-4.53%1.57%-9.25%2.89%-8.09%8.02%-3.88%-7.04%7.44%3.53%-2.66%-19.38%
20210.00%2.00%2.74%5.47%0.08%1.98%2.93%-0.04%-7.75%5.01%-2.16%6.90%17.62%

Benchmark Metrics

ICON Health and Information Technology Fund has an annualized alpha of 0.28%, beta of 1.09, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since February 20, 1997.

  • This fund participated in 116.50% of S&P 500 Index downside but only 115.07% of its upside — more exposed to losses than it benefited from rallies.
  • With beta of 1.09 and R² of 0.61, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
0.28%
Beta
1.09
0.61
Upside Capture
115.07%
Downside Capture
116.50%

Expense Ratio

ICTEX has a high expense ratio of 1.26%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

ICTEX ranks 64 for risk / return — better than 64% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


ICTEX Risk / Return Rank: 6464
Overall Rank
ICTEX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
ICTEX Sortino Ratio Rank: 6565
Sortino Ratio Rank
ICTEX Omega Ratio Rank: 5555
Omega Ratio Rank
ICTEX Calmar Ratio Rank: 7171
Calmar Ratio Rank
ICTEX Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ICON Health and Information Technology Fund (ICTEX) and compare them to a chosen benchmark (S&P 500 Index).


ICTEXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.12

0.90

+0.23

Sortino ratio

Return per unit of downside risk

1.67

1.39

+0.29

Omega ratio

Gain probability vs. loss probability

1.22

1.21

+0.01

Calmar ratio

Return relative to maximum drawdown

1.69

1.40

+0.29

Martin ratio

Return relative to average drawdown

6.38

6.61

-0.22

Explore ICTEX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

ICON Health and Information Technology Fund provided a 21.74% dividend yield over the last twelve months, with an annual payout of $3.20 per share.


5.00%10.00%15.00%20.00%25.00%$0.00$1.00$2.00$3.00$4.002016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
Dividend$3.20$3.20$1.80$1.83$2.76$3.60$0.74$0.72$2.04$3.95$3.25

Dividend yield

21.74%20.75%11.36%12.46%18.84%16.62%3.45%4.32%16.94%24.94%21.88%

Monthly Dividends

The table displays the monthly dividend distributions for ICON Health and Information Technology Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.20$0.00$3.20
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.80$0.00$1.80
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.83$0.00$1.83
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.76$0.00$2.76
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.60$3.60

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ICON Health and Information Technology Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ICON Health and Information Technology Fund was 81.85%, occurring on Mar 9, 2009. Recovery took 2194 trading sessions.

The current ICON Health and Information Technology Fund drawdown is 13.58%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.85%Mar 10, 20002261Mar 9, 20092194Nov 21, 20174455
-43.12%Sep 24, 1997263Oct 8, 199851Dec 21, 1998314
-35.08%Feb 20, 202023Mar 23, 202081Jul 17, 2020104
-26.69%Dec 7, 19999Dec 17, 199952Mar 3, 200061
-26.67%Jan 4, 2022195Oct 12, 2022438Jul 12, 2024633

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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