Ironclad Managed Risk Fund (IRONX)
Fund Info
| ISIN | US4614186421 |
|---|---|
| CUSIP | 461418642 |
| Issuer | Blackrock |
| Inception Date | Oct 14, 2010 |
| Category | Options Trading |
| Min. Investment | $2,500 |
| Asset Class | Alternatives |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
IRONX has a high expense ratio of 1.25%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: IRONX vs. RSBT, IRONX vs. MTBA, IRONX vs. JHQAX, IRONX vs. RSST, IRONX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Ironclad Managed Risk Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Ironclad Managed Risk Fund had a return of 16.84% year-to-date (YTD) and 15.86% in the last 12 months. Over the past 10 years, Ironclad Managed Risk Fund had an annualized return of 0.83%, while the S&P 500 had an annualized return of 11.39%, indicating that Ironclad Managed Risk Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.84% | 25.45% |
| 1 month | 2.22% | 2.91% |
| 6 months | 10.01% | 14.05% |
| 1 year | 15.86% | 35.64% |
| 5 years (annualized) | 4.33% | 14.13% |
| 10 years (annualized) | 0.83% | 11.39% |
Monthly Returns
The table below presents the monthly returns of IRONX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.13% | 3.44% | 2.25% | -2.99% | 2.72% | 2.56% | 1.12% | 1.28% | 1.43% | -0.99% | 16.84% | ||
| 2023 | 2.37% | -1.83% | 1.87% | 0.58% | 0.10% | 3.54% | 2.04% | -2.09% | -1.39% | -1.22% | 3.71% | -2.57% | 4.94% |
| 2022 | -3.94% | -0.50% | 1.91% | -2.76% | 1.83% | -3.69% | 5.07% | -2.27% | -2.22% | 7.42% | 2.88% | -5.50% | -2.60% |
| 2021 | -0.38% | 0.57% | 1.71% | 3.84% | -0.00% | 0.36% | 1.44% | 1.15% | -2.45% | 3.68% | -0.26% | -9.80% | -0.86% |
| 2020 | 0.00% | -3.09% | -1.30% | 2.42% | 0.10% | -0.79% | 3.18% | 5.68% | -4.92% | -0.86% | 3.67% | -2.24% | 1.35% |
| 2019 | 2.92% | 0.10% | 0.10% | 0.10% | -1.41% | 2.56% | 0.00% | -0.20% | 0.20% | 0.50% | 1.79% | 2.12% | 9.04% |
| 2018 | 1.47% | 0.19% | -0.48% | 3.39% | 1.69% | 0.18% | 0.83% | 0.09% | 0.00% | -0.73% | 1.01% | -12.74% | -5.89% |
| 2017 | 0.74% | 0.64% | 0.00% | 0.73% | 0.54% | 0.36% | 0.18% | 0.27% | -0.18% | -0.09% | 0.36% | -9.26% | -6.00% |
| 2016 | -3.34% | 0.67% | 0.76% | 0.19% | 0.66% | 0.75% | 0.47% | 0.19% | 0.28% | -0.37% | 1.48% | -1.18% | 0.46% |
| 2015 | -0.55% | 1.85% | -0.18% | 0.82% | 1.53% | -0.53% | 1.79% | -6.23% | 1.59% | 1.38% | -0.36% | -1.55% | -0.74% |
| 2014 | -0.99% | 2.82% | 0.79% | 0.18% | 0.53% | 0.61% | -0.61% | 0.52% | -0.09% | 0.00% | 0.52% | -6.29% | -2.25% |
| 2013 | 0.09% | 1.32% | 1.39% | 0.37% | 0.55% | 0.18% | 0.00% | -0.00% | 0.73% | 2.16% | 1.59% | -3.47% | 4.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IRONX is 33, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Ironclad Managed Risk Fund (IRONX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Ironclad Managed Risk Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Ironclad Managed Risk 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.10 | $0.10 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Ironclad Managed Risk 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 Ironclad Managed Risk Fund was 20.55%, occurring on Dec 24, 2018. Recovery took 719 trading sessions.
The current Ironclad Managed Risk Fund drawdown is 0.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.55% | Oct 18, 2012 | 1555 | Dec 24, 2018 | 719 | Nov 1, 2021 | 2274 |
| -19.23% | Nov 26, 2021 | 141 | Jun 17, 2022 | 512 | Jul 3, 2024 | 653 |
| -12.86% | Jun 1, 2011 | 48 | Aug 8, 2011 | 87 | Dec 9, 2011 | 135 |
| -4.75% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -3.99% | Dec 12, 2011 | 7 | Dec 20, 2011 | 86 | Apr 25, 2012 | 93 |
Volatility
Volatility Chart
The current Ironclad Managed Risk Fund volatility is 3.12%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.