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AlphaCentric LifeSci Healthcare Fund (LYFIX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US62827P3376
CUSIP
62827P337
Inception Date
Nov 28, 2019
Min. Investment
$2,500
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 AlphaCentric LifeSci Healthcare 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

AlphaCentric LifeSci Healthcare Fund (LYFIX) has returned -4.21% so far this year and 19.23% over the past 12 months.


AlphaCentric LifeSci Healthcare Fund

1D
0.93%
1M
-7.36%
YTD
-4.21%
6M
13.80%
1Y
19.23%
3Y*
7.08%
5Y*
4.29%
10Y*

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 Nov 29, 2019, LYFIX's average daily return is +0.05%, while the average monthly return is +1.07%. At this rate, your investment would double in approximately 5.4 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jan 2023 with a return of +17.8%, while the worst month was Apr 2022 at -13.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, LYFIX closed higher 51% of trading days. The best single day was Sep 18, 2020 with a return of +6.1%, while the worst single day was May 9, 2022 at -6.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.01%2.37%-7.36%-4.21%
20255.78%0.07%-2.69%-3.38%-4.22%2.08%-1.55%6.62%5.66%10.94%8.41%-1.21%28.22%
2024-4.02%3.30%0.08%-8.42%2.89%1.16%9.89%6.18%-3.01%0.22%-0.29%-6.76%-0.27%
202317.84%-4.11%-5.36%2.94%-1.47%1.56%6.15%-4.35%-7.43%-10.76%4.37%11.13%7.19%
2022-3.14%-0.16%6.25%-13.79%-4.58%7.16%6.34%-0.40%-7.82%4.94%5.36%1.33%-0.92%
20213.00%3.23%-4.24%1.73%-1.20%3.19%-9.71%9.18%-2.45%-1.86%-7.54%4.79%-3.42%

Benchmark Metrics

AlphaCentric LifeSci Healthcare Fund has an annualized alpha of 4.86%, beta of 0.69, and R² of 0.36 versus S&P 500 Index. Calculated based on daily prices since December 02, 2019.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (73.23%) than losses (69.99%) — typical of diversified or defensive assets.
  • Beta of 0.69 may look defensive, but with R² of 0.36 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R² of 0.36 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
4.86%
Beta
0.69
0.36
Upside Capture
73.23%
Downside Capture
69.99%

Expense Ratio

LYFIX has a high expense ratio of 1.40%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

LYFIX ranks 53 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


LYFIX Risk / Return Rank: 5353
Overall Rank
LYFIX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
LYFIX Sortino Ratio Rank: 5353
Sortino Ratio Rank
LYFIX Omega Ratio Rank: 3838
Omega Ratio Rank
LYFIX Calmar Ratio Rank: 7777
Calmar Ratio Rank
LYFIX Martin Ratio Rank: 4343
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 AlphaCentric LifeSci Healthcare Fund (LYFIX) and compare them to a chosen benchmark (S&P 500 Index).


LYFIXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.03

0.90

+0.14

Sortino ratio

Return per unit of downside risk

1.50

1.39

+0.11

Omega ratio

Gain probability vs. loss probability

1.18

1.21

-0.03

Calmar ratio

Return relative to maximum drawdown

1.85

1.40

+0.45

Martin ratio

Return relative to average drawdown

4.50

6.61

-2.11

Explore LYFIX risk-adjusted metrics in detail

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

Dividends

Dividend History

AlphaCentric LifeSci Healthcare Fund provided a 1.86% dividend yield over the last twelve months, with an annual payout of $0.28 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020
Dividend$0.28$0.28$0.28$0.34$0.55$1.68$0.35

Dividend yield

1.86%1.78%2.24%2.63%4.43%12.88%2.30%

Monthly Dividends

The table displays the monthly dividend distributions for AlphaCentric LifeSci Healthcare 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$0.00$0.28$0.28
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.28$0.28
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.34$0.34
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.55$0.55
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.68$1.68

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the AlphaCentric LifeSci Healthcare 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 AlphaCentric LifeSci Healthcare Fund was 35.33%, occurring on May 11, 2022. Recovery took 183 trading sessions.

The current AlphaCentric LifeSci Healthcare Fund drawdown is 7.64%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-35.33%Feb 9, 2021317May 11, 2022183Feb 2, 2023500
-26.41%Feb 3, 2023185Oct 27, 2023487Oct 8, 2025672
-21.22%Jan 17, 202039Mar 16, 202038May 11, 202077
-8.49%Feb 25, 202623Mar 27, 2026
-6.49%Sep 21, 20204Sep 24, 20207Oct 5, 202011

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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