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IPS Strategic Capital Absolute Return Fund (IPSAX) Sortino Ratio: 0.29

IPSAX's Sortino Ratio of 0.29 indicates that for each unit of downside volatility, it generates 0.29 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 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.

IPSAX Sortino Ratio Rank


IPSAX Sortino Ratio Rank: 6.97
Concerning

IPSAX ranks above 6.9% of all investments in our database based on Sortino Ratio over the past 12 months, indicating weak 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

  • Weak downside-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or implementing downside hedges
  • Review higher-ranked alternatives in the same category

IPSAX Sortino Ratio Market Positioning

The chart shows IPSAX'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%): 1.02 or lower
  • Yellow zone (middle 50%): 1.02 to 1.90
  • Green zone (top 25%): 1.90 or higher
  • Top 1%: 7.39+
  • Median: 1.45 — half of all investments score higher

How it compares to other similar mutual funds

The table compares IPS Strategic Capital Absolute Return Fund's Sortino Ratio with other mutual funds in the Options Trading category across multiple time periods, showing how IPSAX'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 Apr 1, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
PPFIXPrinceton Premium Fund2.04
CIHEXCalamos Hedged Equity Fund1.66
EIVPXParametric Volatility Risk Premium - Defensive Fund1.66
SHIIXCatalyst Buffered Shield Fund1.56
APLIXCavanal Hill Hedged Income Fund1.48
JHQTXJPMorgan Hedged Equity 3 Fund1.38
STTIXNorth SquareTrilogy Alternative Return Fund1.33
JDIEXEasterly Hedged Equity Fund1.32
SDRIXSwan Defined Risk Fund1.29
HNDRXHorizon Defined Risk Fund1.25
IPSAXIPS Strategic Capital Absolute Return Fund0.29

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows IPSAX'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 IPSAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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Explore IPSAX risk-adjusted metrics in detail

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