Swan Defined Risk Growth Fund (SDAIX)
The investment seeks long term capital appreciation. The fund seeks to achieve its investment objective by investing directly, or indirectly in: capitalization-weighted U.S. large capitalization exchange-traded funds ("ETFs") that invest in equity securities that are represented in the S&P 500 Index, exchange-traded long-term put options on the S&P 500 Index for hedging purposes, and exchange-traded put and call options on various equity indices to generate additional returns.
Fund Info
US66538R7970
66538R797
Dec 26, 2018
$100,000
Expense Ratio
SDAIX has a high expense ratio of 1.40%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Swan Defined Risk Growth Fund (SDAIX) returned 0.93% year-to-date (YTD) and 9.48% over the past 12 months.
SDAIX
0.93%
3.15%
-0.82%
9.48%
8.48%
9.89%
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of SDAIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.37% | -1.12% | -4.26% | 1.19% | 2.93% | 0.93% | |||||||
| 2024 | 0.49% | 3.90% | 3.05% | -4.48% | 3.42% | 3.77% | 0.07% | 1.26% | 2.49% | -0.29% | 3.93% | -2.21% | 16.09% |
| 2023 | 3.10% | -2.15% | 2.71% | 2.06% | 1.46% | 2.47% | 1.34% | 0.79% | -3.28% | -1.15% | 4.40% | 3.71% | 16.25% |
| 2022 | -4.54% | -2.28% | 2.53% | -7.28% | -1.57% | -6.45% | 4.45% | -3.84% | -5.47% | 7.42% | 3.42% | -4.64% | -17.87% |
| 2021 | 0.22% | 1.63% | 2.56% | 4.21% | 0.55% | 2.18% | 2.33% | 3.12% | -4.16% | 6.06% | -0.50% | 2.99% | 22.93% |
| 2020 | -0.66% | -6.17% | -7.28% | 8.43% | 2.47% | 2.41% | 3.11% | 3.43% | -2.13% | -1.69% | 7.14% | 3.48% | 11.87% |
| 2019 | 6.92% | 2.53% | 1.55% | 2.70% | -5.26% | 5.37% | 0.70% | -0.61% | 1.67% | 1.38% | 2.39% | 2.13% | 23.13% |
| 2018 | -0.30% | -0.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SDAIX is 53, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Swan Defined Risk Growth Fund (SDAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Swan Defined Risk Growth Fund provided a 2.03% dividend yield over the last twelve months, with an annual payout of $0.29 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $3.53 | $0.00 | $0.00 | $0.08 | $0.20 |
Dividend yield | 2.03% | 2.05% | 28.80% | 0.00% | 0.00% | 0.63% | 1.62% |
Monthly Dividends
The table displays the monthly dividend distributions for Swan Defined Risk Growth 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.53 | $3.53 |
| 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 | $0.08 | $0.08 |
| 2019 | $0.20 | $0.20 |
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 Swan Defined Risk Growth 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 Swan Defined Risk Growth Fund was 24.26%, occurring on Mar 23, 2020. Recovery took 106 trading sessions.
The current Swan Defined Risk Growth Fund drawdown is 2.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.26% | Feb 20, 2020 | 23 | Mar 23, 2020 | 106 | Aug 21, 2020 | 129 |
| -22.89% | Dec 28, 2021 | 192 | Sep 30, 2022 | 359 | Mar 7, 2024 | 551 |
| -12.94% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -8.85% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -5.61% | May 6, 2019 | 20 | Jun 3, 2019 | 20 | Jul 1, 2019 | 40 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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