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ISIN
US86280R8299
Issuer
Day Hagan
Inception Date
Jun 30, 2022
Region
Global ex-U.S. (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Assets Under Management
$37M

Share Price Chart


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Performance

SSXU Performance Chart

Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) is up 4.6% since the beginning of the year. SSXU is currently trading at $36 per share.


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S&P 500 Index

Returns By Period

Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) has returned 4.58% so far this year and 19.79% over the past 12 months.


Day Hagan/Ned Davis Research Smart Sector International ETF

1D
-0.17%
1M
-0.13%
YTD
4.58%
6M
4.61%
1Y
19.79%
3Y*
12.76%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SSXU Monthly Returns History

Based on dividend-adjusted daily data since Jul 1, 2022, SSXU's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2022 with a return of +12.9%, while the worst month was Sep 2022 at -8.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, SSXU closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +6.5%, while the worst single day was Apr 4, 2025 at -6.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.39%4.01%-7.84%5.16%0.97%-1.56%4.58%
20252.68%1.56%0.17%2.38%4.75%2.27%-1.02%4.93%3.03%1.17%0.63%1.82%27.09%
2024-0.20%3.00%2.73%-2.69%4.02%-1.92%1.76%3.01%3.00%-4.09%-0.24%-2.78%5.28%
20239.05%-4.17%2.77%1.45%-4.15%4.38%3.45%-4.78%-3.51%-1.68%3.81%3.59%9.56%
20222.35%-3.18%-8.27%1.30%12.92%-1.77%2.14%

Benchmark Metrics

Day Hagan/Ned Davis Research Smart Sector International ETF has an annualized alpha of -0.20%, beta of 0.68, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since July 01, 2022.

  • This ETF participated in 72.31% of S&P 500 Index downside but only 61.53% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.68 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
-0.20%
Beta
0.68
0.59
Upside Capture
61.53%
Downside Capture
72.31%

Expense Ratio

SSXU has a high expense ratio of 1.15%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

SSXU ranks 41 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


SSXU Risk / Return Rank: 4141
Overall Rank
SSXU Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
SSXU Sortino Ratio Rank: 4141
Sortino Ratio Rank
SSXU Omega Ratio Rank: 4242
Omega Ratio Rank
SSXU Calmar Ratio Rank: 3838
Calmar Ratio Rank
SSXU Martin Ratio Rank: 4141
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 Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


SSXUBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.60

Sortino ratioReturn per unit of downside risk

-0.74

Omega ratioGain probability vs. loss probability

1.26

1.37

-0.10

Calmar ratioReturn relative to maximum drawdown

1.86

2.78

-0.93

Martin ratioReturn relative to average drawdown

6.32

12.44

-6.12

Dividends

Dividend History

Day Hagan/Ned Davis Research Smart Sector International ETF provided a 2.54% dividend yield over the last twelve months, with an annual payout of $0.91 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.002022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$0.91$0.91$0.76$0.56$0.16

Dividend yield

2.54%2.66%2.74%2.07%0.65%

Monthly Dividends

The table displays the monthly dividend distributions for Day Hagan/Ned Davis Research Smart Sector International ETF. 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$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$0.91$0.91
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.76$0.76
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.56$0.56
2022$0.16$0.16

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 Day Hagan/Ned Davis Research Smart Sector International ETF. 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 Day Hagan/Ned Davis Research Smart Sector International ETF was 13.91%, occurring on Apr 8, 2025. Recovery took 17 trading sessions.

The current Day Hagan/Ned Davis Research Smart Sector International ETF drawdown is 3.96%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-13.91%Apr 2025
6mo 13d24d
7mo 7dSep 2024 - May 2025
Bear market2022
-13.45%Oct 2022
2mo1mo 18d
3mo 18dAug 2022 - Dec 2022
2026 correction2026
-10.71%Mar 2026
22d
3mo 27dFeb 2026 - now
2023 correction2023
-10.58%Oct 2023
2mo 27d3mo 28d
6mo 25dAug 2023 - Feb 2024
2023 pullback2023
-8.70%Mar 2023
1mo 11d3mo 2d
4mo 13dFeb 2023 - Jun 2023

Drawdown Indicators


SSXUBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-13.91%

-56.78%

+42.87%

Max Drawdown (1Y)

Largest decline over 1 year

-10.71%

-9.10%

-1.61%

Max Drawdown (3Y)

Largest decline over 3 years

-13.91%

-18.90%

+4.99%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-3.96%

-1.80%

-2.16%

Average Drawdown

Average peak-to-trough decline

-3.23%

-10.71%

+7.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.14%

2.03%

+1.11%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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