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Donoghue Forlines Momentum Fund (MOJOX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US66539A3068
CUSIP
66539A306
Inception Date
Dec 22, 2016
Min. Investment
$100,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Donoghue Forlines Momentum 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

Donoghue Forlines Momentum Fund (MOJOX) has returned 11.81% so far this year and 41.89% over the past 12 months.


Donoghue Forlines Momentum Fund

1D
-1.90%
1M
-6.16%
YTD
11.81%
6M
17.35%
1Y
41.89%
3Y*
23.87%
5Y*
11.39%
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 Jan 3, 2017, MOJOX's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, your investment would double in approximately 6.6 years.

Historically, 66% of months were positive and 34% were negative. The best month was Feb 2024 with a return of +11.3%, while the worst month was Mar 2020 at -16.4%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MOJOX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +8.4%, while the worst single day was Apr 4, 2025 at -6.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202610.87%7.47%-6.16%11.81%
20256.80%-2.23%-7.25%1.01%8.60%5.67%0.50%-0.43%4.24%4.07%-0.35%1.20%22.91%
20243.02%11.25%2.93%-5.48%5.05%1.79%0.00%1.90%-0.28%-0.62%6.90%-4.99%22.29%
20236.10%-1.23%0.48%-1.99%-0.58%7.60%2.54%-0.35%-4.70%-4.00%9.01%5.87%19.10%
2022-10.89%-0.95%1.14%-4.33%0.72%-4.67%5.08%-1.70%-4.28%0.19%2.66%-7.41%-22.78%
20214.68%7.70%3.00%4.71%1.55%0.24%1.77%2.61%-6.31%5.51%-2.65%3.60%28.86%

Benchmark Metrics

Donoghue Forlines Momentum Fund has an annualized alpha of 2.16%, beta of 0.66, and R² of 0.58 versus S&P 500 Index. Calculated based on daily prices since January 04, 2017.

  • This fund participated in 80.68% of S&P 500 Index downside but only 75.58% of its upside — more exposed to losses than it benefited from rallies.
  • This fund generated an annualized alpha of 2.16% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.66 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
2.16%
Beta
0.66
0.58
Upside Capture
75.58%
Downside Capture
80.68%

Expense Ratio

MOJOX has a high expense ratio of 2.00%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MOJOX ranks 92 for risk / return — in the top 92% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


MOJOX Risk / Return Rank: 9292
Overall Rank
MOJOX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
MOJOX Sortino Ratio Rank: 8989
Sortino Ratio Rank
MOJOX Omega Ratio Rank: 8787
Omega Ratio Rank
MOJOX Calmar Ratio Rank: 9595
Calmar Ratio Rank
MOJOX Martin Ratio Rank: 9696
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 Donoghue Forlines Momentum Fund (MOJOX) and compare them to a chosen benchmark (S&P 500 Index).


MOJOXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.94

0.90

+1.04

Sortino ratio

Return per unit of downside risk

2.49

1.39

+1.11

Omega ratio

Gain probability vs. loss probability

1.37

1.21

+0.16

Calmar ratio

Return relative to maximum drawdown

3.34

1.40

+1.94

Martin ratio

Return relative to average drawdown

15.26

6.61

+8.65

Explore MOJOX risk-adjusted metrics in detail

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

Dividends

Dividend History

Donoghue Forlines Momentum Fund provided a 23.99% dividend yield over the last twelve months, with an annual payout of $3.73 per share.


0.00%5.00%10.00%15.00%20.00%25.00%$0.00$1.00$2.00$3.00$4.00201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$3.73$3.73$0.30$0.00$0.00$0.00$0.00$0.56$0.58$0.52

Dividend yield

23.99%26.83%2.13%0.00%0.00%0.00%0.00%5.49%5.78%4.75%

Monthly Dividends

The table displays the monthly dividend distributions for Donoghue Forlines Momentum 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$3.73$3.73
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.30$0.30
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

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 Donoghue Forlines Momentum 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 Donoghue Forlines Momentum Fund was 28.85%, occurring on Jun 11, 2020. Recovery took 145 trading sessions.

The current Donoghue Forlines Momentum Fund drawdown is 7.67%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.85%Jan 17, 2020101Jun 11, 2020145Jan 7, 2021246
-25.32%Nov 17, 2021280Dec 28, 2022288Feb 22, 2024568
-22.5%Feb 19, 202535Apr 8, 202556Jun 30, 202591
-11.23%Jan 29, 2018190Oct 26, 2018306Jan 16, 2020496
-9.49%Jul 17, 202414Aug 5, 202448Oct 11, 202462

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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