SMI Dynamic Allocation Fund (SMIDX)

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The chart shows the growth of an initial investment of $10,000 in SMI Dynamic Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

SMI Dynamic Allocation Fund (SMIDX) has returned -1.27% so far this year and 18.80% over the past 12 months. Over the last ten years, SMIDX has returned 5.70% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Mar 1, 2013, SMIDX's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 61% of months were positive and 39% were negative. The best month was Jul 2020 with a return of +6.8%, while the worst month was Mar 2026 at -8.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.

On a daily basis, SMIDX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +5.1%, while the worst single day was Aug 24, 2015 at -4.2%.

SMI Dynamic Allocation Fund has an annualized alpha of 1.02%, beta of 0.37, and R² of 0.39 versus S&P 500 Index. Calculated based on daily prices since March 04, 2013.

• This fund participated in 60.53% of S&P 500 Index downside but only 46.81% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.37 may look defensive, but with R² of 0.39 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 0.39 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

SMIDX has a high expense ratio of 1.19%, indicating above-average management fees.

SMIDX ranks 81 for risk / return — in the top 81% 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.

The table below present risk-adjusted performance metrics for SMI Dynamic Allocation Fund (SMIDX) and compare them to a chosen benchmark (S&P 500 Index).

SMI Dynamic Allocation Fund provided a 11.98% dividend yield over the last twelve months, with an annual payout of $1.58 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for SMI Dynamic Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the SMI Dynamic Allocation 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 SMI Dynamic Allocation Fund was 21.99%, occurring on Oct 20, 2022. Recovery took 526 trading sessions.

The current SMI Dynamic Allocation Fund drawdown is 8.73%.

The chart below shows the rolling one-month volatility.