SMI Multi-Strategy Fund (SMILX)
The fund primarily invests in open-end equity mutual funds, ETFs and publicly traded partnerships using its Stock Upgrading strategy. Generally, underlying funds with the highest momentum scores are chosen. The underlying funds that do not have the highest momentum scores may not outperform and could, in fact, lose money. These underlying funds may, in turn, invest in a broad range of equity securities, including foreign securities and securities of issuers located in emerging markets.
Fund Info
US92046L6847
92046L684
Apr 28, 2015
$500
Large-Cap
Blend
Expense Ratio
SMILX has a high expense ratio of 1.15%, indicating higher-than-average management fees.
Share Price Chart
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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 SMI Multi-Strategy 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
SMI Multi-Strategy Fund had a return of 4.87% year-to-date (YTD) and 10.51% in the last 12 months. Over the past 10 years, SMI Multi-Strategy Fund had an annualized return of 1.17%, while the S&P 500 had an annualized return of 11.26%, indicating that SMI Multi-Strategy Fund did not perform as well as the benchmark.
SMILX
4.87%
0.47%
1.39%
10.51%
2.40%
1.17%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of SMILX, 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 | 3.61% | 4.87% | |||||||||||
| 2024 | 0.42% | 3.00% | 2.41% | -3.73% | 4.48% | 2.05% | 1.15% | 1.89% | 1.67% | -1.37% | 5.55% | -9.68% | 7.13% |
| 2023 | 3.63% | -2.23% | 1.41% | 0.64% | -0.85% | 3.22% | 3.01% | -2.42% | -4.85% | -2.72% | 4.69% | 3.41% | 6.59% |
| 2022 | -7.14% | 0.00% | 4.16% | -3.59% | 0.83% | -6.47% | 0.77% | -1.42% | -3.31% | 2.86% | 2.22% | -0.73% | -11.84% |
| 2021 | 1.16% | 0.00% | 1.32% | 3.65% | 1.09% | -0.50% | -0.25% | 2.17% | -4.17% | 5.37% | -2.91% | -11.90% | -5.94% |
| 2020 | -0.62% | -4.29% | -8.21% | 6.79% | 2.68% | 2.61% | 5.93% | 4.40% | -3.16% | -2.27% | 9.21% | 4.51% | 17.35% |
| 2019 | 2.45% | 1.48% | 1.91% | 1.54% | -3.80% | 4.18% | 0.98% | 1.61% | -1.06% | 0.96% | -0.32% | 2.36% | 12.77% |
| 2018 | 1.01% | -2.80% | -0.52% | -0.31% | 2.80% | -0.20% | 1.21% | 3.50% | -1.16% | -7.53% | 1.80% | -10.45% | -12.81% |
| 2017 | 1.20% | 1.73% | 0.11% | 1.06% | 1.16% | -0.21% | 0.94% | 0.82% | -0.20% | 0.82% | 0.61% | 1.10% | 9.51% |
| 2016 | -0.76% | 0.76% | 0.43% | 0.54% | -0.96% | 5.09% | 1.96% | -1.82% | -0.41% | -2.17% | -2.74% | 0.13% | -0.19% |
| 2015 | 0.58% | 0.97% | 0.58% | -2.77% | 0.10% | -2.55% | 0.70% | -4.20% | -0.10% | 0.73% | -0.52% | -2.75% | -9.00% |
| 2014 | -0.96% | 3.36% | -1.11% | -1.56% | 1.23% | 1.65% | -0.85% | 1.21% | -2.64% | 0.79% | 1.74% | -11.77% | -9.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SMILX is 34, 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 SMI Multi-Strategy Fund (SMILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SMI Multi-Strategy Fund provided a 0.46% dividend yield over the last twelve months, with an annual payout of $0.05 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.05 | $0.05 | $0.08 | $0.03 | $0.25 | $0.04 | $0.04 | $0.07 | $0.12 | $0.08 | $0.10 | $0.09 |
Dividend yield | 0.46% | 0.48% | 0.83% | 0.36% | 2.39% | 0.33% | 0.45% | 0.76% | 1.20% | 0.90% | 1.07% | 0.89% |
Monthly Dividends
The table displays the monthly dividend distributions for SMI Multi-Strategy 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 | $0.05 | $0.05 |
| 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 | $0.03 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2014 | $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 SMI Multi-Strategy 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 Multi-Strategy Fund was 35.25%, occurring on Mar 20, 2020. Recovery took 222 trading sessions.
The current SMI Multi-Strategy Fund drawdown is 12.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.25% | Dec 26, 2013 | 1569 | Mar 20, 2020 | 222 | Feb 5, 2021 | 1791 |
| -30.17% | Nov 9, 2021 | 221 | Sep 26, 2022 | — | — | — |
| -15.05% | May 2, 2011 | 108 | Oct 3, 2011 | 238 | Sep 13, 2012 | 346 |
| -8.47% | Feb 16, 2021 | 13 | Mar 4, 2021 | 61 | Jun 1, 2021 | 74 |
| -6.47% | Jun 9, 2021 | 28 | Jul 19, 2021 | 34 | Sep 3, 2021 | 62 |
Volatility
Volatility Chart
The current SMI Multi-Strategy Fund volatility is 2.99%, 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.