- ISIN
- US78410K8163
- CUSIP
- 44929K648
- Issuer
- ICON Funds
- Inception Date
- May 9, 2004
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
IOEZX Performance Chart
ICON Equity Income Fund (IOEZX) is up 12.4% since the beginning of the year. IOEZX is currently trading at $20 per share. Investors who bought $1,000 worth of IOEZX shares 5 years ago would now be looking at an investment worth $1,235.
Loading charts...
Returns By Period
ICON Equity Income Fund (IOEZX) has returned 12.35% so far this year and 25.16% over the past 12 months. Over the last ten years, IOEZX has returned 8.45% per year, falling short of the S&P 500 Index benchmark, which averaged 13.42% annually.
ICON Equity Income Fund
- 1D
- -0.65%
- 1M
- -1.40%
- YTD
- 12.35%
- 6M
- 13.98%
- 1Y
- 25.16%
- 3Y*
- 11.96%
- 5Y*
- 4.31%
- 10Y*
- 8.45%
Benchmark (S&P 500 Index)
- 1D
- -0.26%
- 1M
- -0.17%
- YTD
- 7.91%
- 6M
- 7.98%
- 1Y
- 22.99%
- 3Y*
- 19.77%
- 5Y*
- 11.75%
- 10Y*
- 13.42%
IOEZX Monthly Returns History
Based on dividend-adjusted daily data since Feb 3, 2004, IOEZX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +13.2%, while the worst month was Mar 2020 at -18.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, IOEZX closed higher 52% of trading days. The best single day was Mar 13, 2020 with a return of +8.1%, while the worst single day was Mar 16, 2020 at -12.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.06% | 6.80% | -3.58% | 5.51% | -1.86% | -1.59% | 12.35% | ||||||
| 2025 | 2.67% | 2.12% | -0.77% | -4.34% | 2.40% | 1.65% | 0.86% | 5.76% | 0.10% | -0.64% | 2.33% | 1.62% | 14.29% |
| 2024 | -1.96% | -0.06% | 3.47% | -2.64% | 3.43% | -1.49% | 6.18% | 3.45% | 0.69% | -1.41% | 3.10% | -6.12% | 6.12% |
| 2023 | 5.75% | -1.61% | -4.20% | 1.35% | -3.61% | 3.06% | 3.70% | -2.89% | -2.93% | -3.44% | 4.11% | 5.27% | 3.82% |
| 2022 | -1.06% | -1.85% | -0.44% | -5.56% | 3.24% | -7.60% | 3.31% | -3.42% | -6.35% | 7.81% | 2.62% | -3.99% | -13.56% |
| 2021 | 0.42% | 7.85% | 7.07% | 3.03% | 3.34% | -3.39% | -0.72% | 2.71% | -4.33% | 3.60% | -2.90% | 6.05% | 24.15% |
Benchmark Metrics
ICON Equity Income Fund has an annualized alpha of -0.21%, beta of 0.81, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since February 03, 2004.
- This fund participated in 88.79% of S&P 500 Index downside but only 80.75% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.21%
- Beta
- 0.81
- R²
- 0.80
- Upside Capture
- 80.75%
- Downside Capture
- 88.79%
Expense Ratio
IOEZX has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
IOEZX ranks 75 for risk / return — better than 75% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ICON Equity Income Fund (IOEZX) and compare them to S&P 500 Index.
| IOEZX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.35 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.72 | 2.54 | +1.19 |
| Martin ratioReturn relative to average drawdown | 13.92 | 11.58 | +2.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
ICON Equity Income Fund provided a 3.01% dividend yield over the last twelve months, with an annual payout of $0.60 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.60 | $0.63 | $0.70 | $0.59 | $2.16 | $2.68 | $0.70 | $0.90 | $0.60 | $0.57 | $0.54 | $0.61 |
Dividend yield | 3.01% | 3.56% | 4.32% | 3.75% | 13.63% | 12.92% | 3.68% | 4.74% | 3.80% | 3.13% | 3.32% | 4.24% |
Monthly Dividends
The table displays the monthly dividend distributions for ICON Equity Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.11 | ||||||
| 2025 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.63 |
| 2024 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.70 |
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.19 | $0.59 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $1.58 | $0.19 | $2.16 |
| 2021 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $2.36 | $2.68 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the ICON Equity Income 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 Equity Income Fund was 56.15%, occurring on Mar 9, 2009. Recovery took 980 trading sessions.
The current ICON Equity Income Fund drawdown is 3.47%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -56.15%Mar 2009 | 1y 4mo | 3y 10mo | 5y 3moNov 2007 - Jan 2013 |
COVID crash2020 | -38.12%Mar 2020 | 1mo 29d | 8mo 9d | 10mo 8dJan 2020 - Nov 2020 |
2023 bear market2023 | -21.47%Oct 2023 | 1y 9mo | 1y 9mo | 3y 6moJan 2022 - Aug 2025 |
Rate-hike selloffLate 2018 | -17.96%Dec 2018 | 11mo 4d | 3mo 19d | 1y 2moJan 2018 - Apr 2019 |
2016 correction2016 | -15.52%Feb 2016 | 8mo 18d | 5mo 2d | 1y 1moMay 2015 - Jul 2016 |
Drawdown Indicators
| IOEZX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.15% | -56.78% | +0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -6.77% | -9.10% | +2.33% |
Max Drawdown (3Y)Largest decline over 3 years | -13.95% | -18.90% | +4.95% |
Max Drawdown (5Y)Largest decline over 5 years | -21.47% | -25.43% | +3.96% |
Max Drawdown (10Y)Largest decline over 10 years | -38.12% | -33.92% | -4.20% |
Current DrawdownCurrent decline from peak | -3.47% | -2.93% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -8.58% | -10.72% | +2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.99% | -0.18% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with IOEZX
Add ICON Equity Income Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with IOEZX