Swan Defined Risk Emerging Markets Fund (SDFIX)
The fund seeks to achieve its investment objective by investing directly, or indirectly through ETFs, in: foreign (including emerging markets) equity securities, including ADRs, of any market capitalization, exchange-traded long-term put options on U.S. exchanges for hedging purposes, and buying and selling exchange-traded put and call options on various ETFs and foreign equity indices to generate additional returns.
Fund Info
US66538G6769
66538G676
Dec 29, 2014
$100,000
Expense Ratio
SDFIX has a high expense ratio of 1.40%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Swan Defined Risk Emerging Markets 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
Swan Defined Risk Emerging Markets Fund had a return of 1.12% year-to-date (YTD) and 2.98% in the last 12 months. Over the past 10 years, Swan Defined Risk Emerging Markets Fund had an annualized return of -0.28%, while the S&P 500 had an annualized return of 11.31%, indicating that Swan Defined Risk Emerging Markets Fund did not perform as well as the benchmark.
SDFIX
1.12%
2.38%
-1.40%
2.98%
1.08%
-0.28%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of SDFIX, 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 | -0.78% | 1.12% | |||||||||||
| 2024 | -2.22% | 1.25% | 1.68% | -0.22% | 1.22% | 2.62% | -0.43% | 0.21% | 2.35% | -2.82% | -1.29% | -0.27% | 1.95% |
| 2023 | 4.20% | -5.04% | 2.71% | -0.80% | -1.16% | 2.46% | 3.66% | -3.31% | -1.48% | -1.97% | 3.90% | 3.17% | 5.94% |
| 2022 | -1.36% | -1.59% | -1.50% | -3.05% | -0.11% | -1.69% | 0.92% | -0.68% | -4.11% | 0.83% | 4.02% | -1.16% | -9.31% |
| 2021 | 1.94% | 0.90% | -1.49% | 0.81% | 0.20% | 0.50% | -3.08% | 1.33% | -1.93% | 0.31% | -1.54% | 0.50% | -1.66% |
| 2020 | -4.02% | -4.08% | -4.14% | 2.40% | 0.82% | 3.25% | 1.69% | 1.11% | 0.44% | 0.44% | 3.04% | 4.42% | 4.98% |
| 2019 | 4.57% | -1.29% | 0.70% | 1.60% | -5.41% | 3.12% | -1.92% | -4.01% | 0.21% | 2.89% | -0.62% | -0.33% | -0.95% |
| 2018 | 3.50% | -5.52% | 0.75% | -1.68% | -1.14% | -2.60% | 1.68% | -2.33% | -0.20% | -4.59% | 1.88% | -0.72% | -10.79% |
| 2017 | 3.53% | 0.85% | 2.33% | 0.93% | 2.46% | 0.10% | 3.29% | 2.42% | 0.57% | 1.97% | 0.09% | -0.28% | 19.76% |
| 2016 | -2.39% | 0.47% | 4.65% | 1.11% | -2.09% | 2.81% | 2.51% | 0.53% | 1.59% | -0.10% | -2.61% | -2.89% | 3.31% |
| 2015 | -0.60% | 2.82% | -1.08% | 3.17% | -1.53% | -1.56% | -4.06% | -5.88% | -1.32% | 1.00% | -0.66% | -1.90% | -11.33% |
| 2014 | -0.10% | -0.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SDFIX is 14, meaning it’s performing worse than 86% of other mutual funds on our website when it comes to balancing risk and reward. Below is 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 Emerging Markets Fund (SDFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Swan Defined Risk Emerging Markets Fund provided a 2.85% dividend yield over the last twelve months, with an annual payout of $0.26 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.26 | $0.08 | $0.13 | $0.02 | $0.15 | $0.08 | $0.06 | $0.00 | $0.00 | $0.09 |
Dividend yield | 2.85% | 2.88% | 0.87% | 1.51% | 0.19% | 1.51% | 0.87% | 0.61% | 0.00% | 0.00% | 1.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Swan Defined Risk Emerging Markets 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 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2023 | $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 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2019 | $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 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2017 | $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 |
| 2016 | $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 |
| 2015 | $0.09 | $0.09 |
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 Swan Defined Risk Emerging Markets 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 Emerging Markets Fund was 28.73%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current Swan Defined Risk Emerging Markets Fund drawdown is 13.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.73% | Jan 29, 2018 | 541 | Mar 23, 2020 | — | — | — |
| -20.78% | May 18, 2015 | 169 | Jan 15, 2016 | 403 | Aug 22, 2017 | 572 |
| -3.72% | Mar 3, 2015 | 6 | Mar 10, 2015 | 17 | Apr 2, 2015 | 23 |
| -3.41% | Nov 24, 2017 | 9 | Dec 6, 2017 | 27 | Jan 17, 2018 | 36 |
| -2.84% | Jan 23, 2015 | 6 | Jan 30, 2015 | 16 | Feb 24, 2015 | 22 |
Volatility
Volatility Chart
The current Swan Defined Risk Emerging Markets Fund volatility is 2.15%, 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.