Spectrum Low Volatility Fund (SVARX)
The fund's adviser delegates execution of the fund's investment strategy to a sub-adviser. It invests in a diversified portfolio of primarily income-producing fixed income securities. The sub-adviser does not select individual bonds or other fixed income securities but instead, invests the fund's assets in open-end investment companies ("mutual funds") and exchange-traded funds ("ETFs") that each invests primarily in fixed rate or floating rate fixed income securities.
Fund Info
US00771F8712
00771F871
Dec 15, 2013
$1,000
Expense Ratio
SVARX has a high expense ratio of 2.34%, 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
Spectrum Low Volatility Fund (SVARX) returned 1.40% year-to-date (YTD) and 3.83% over the past 12 months. Over the past 10 years, SVARX returned 5.41% annually, underperforming the S&P 500 benchmark at 10.84%.
SVARX
1.40%
0.55%
0.16%
3.83%
3.86%
4.61%
5.41%
^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 SVARX, 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 | 0.59% | 0.89% | -0.63% | -0.17% | 0.72% | 1.40% | |||||||
| 2024 | -0.24% | -0.32% | 0.92% | -0.81% | 0.12% | 0.85% | 1.31% | 0.84% | 1.38% | -1.73% | 0.83% | -1.38% | 1.72% |
| 2023 | 3.45% | -2.77% | -0.08% | -0.49% | -0.89% | 0.69% | 0.81% | 0.47% | 0.04% | 0.13% | 3.56% | 4.58% | 9.67% |
| 2022 | -0.81% | -0.89% | -0.49% | -1.11% | -0.21% | -0.58% | 1.13% | -1.74% | -0.84% | -0.09% | 1.83% | -0.59% | -4.35% |
| 2021 | 0.91% | 0.43% | -0.23% | 1.00% | 0.47% | 0.77% | 0.23% | 0.27% | 0.12% | -0.05% | -0.43% | 0.40% | 3.95% |
| 2020 | 1.55% | 1.16% | -1.10% | 1.62% | 3.91% | 3.07% | 4.33% | 1.91% | -0.92% | -0.12% | 0.40% | 2.30% | 19.50% |
| 2019 | 3.23% | 1.75% | 0.42% | 1.77% | -1.28% | 1.58% | 0.67% | -0.64% | -0.32% | -0.19% | -1.59% | 2.19% | 7.75% |
| 2018 | 0.52% | -0.85% | 0.10% | -0.00% | -0.05% | -0.24% | 0.67% | 0.52% | 0.42% | -1.03% | -0.86% | -0.18% | -0.99% |
| 2017 | 1.49% | 1.65% | -0.05% | 0.84% | 1.48% | -0.14% | 1.46% | 0.72% | 0.58% | 0.58% | -2.07% | -0.59% | 6.04% |
| 2016 | 0.20% | -0.15% | 3.83% | 3.45% | 1.24% | -0.19% | 2.26% | 2.30% | -0.27% | 0.27% | 0.08% | 0.04% | 13.74% |
| 2015 | 0.90% | 1.59% | -0.44% | 0.93% | 0.24% | -0.98% | -0.03% | -0.35% | -0.55% | 0.71% | -1.06% | 0.13% | 1.08% |
| 2014 | -0.35% | 1.30% | 0.00% | 0.45% | 0.99% | 1.03% | -0.63% | -0.05% | -1.04% | 0.61% | -0.05% | -0.10% | 2.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, SVARX is among the top 20% of 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 Spectrum Low Volatility Fund (SVARX) 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
Spectrum Low Volatility Fund provided a 7.91% dividend yield over the last twelve months, with an annual payout of $1.89 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.89 | $2.21 | $0.84 | $0.00 | $1.45 | $1.13 | $1.05 | $0.49 | $1.46 | $1.89 | $0.59 | $0.56 |
Dividend yield | 7.91% | 9.35% | 3.35% | 0.00% | 5.85% | 4.46% | 4.91% | 2.41% | 6.90% | 9.07% | 3.02% | 2.82% |
Monthly Dividends
The table displays the monthly dividend distributions for Spectrum Low Volatility 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 | $0.32 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $1.12 | $0.00 | $0.59 | $2.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.51 | $0.00 | $0.09 | $0.84 |
| 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 | $0.09 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.21 | $0.98 | $0.00 | $1.45 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.02 | $0.11 | $1.13 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.17 | $0.45 | $0.23 | $1.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.05 | $0.49 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 | $0.21 | $1.46 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.13 | $0.76 | $1.89 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.12 | $0.00 | $0.16 | $0.59 |
| 2014 | $0.13 | $0.00 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.10 | $0.00 | $0.05 | $0.56 |
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 Spectrum Low Volatility 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 Spectrum Low Volatility Fund was 6.62%, occurring on Nov 9, 2022. Recovery took 266 trading sessions.
The current Spectrum Low Volatility Fund drawdown is 1.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.62% | Sep 20, 2021 | 289 | Nov 9, 2022 | 266 | Dec 1, 2023 | 555 |
| -3.88% | Oct 25, 2017 | 288 | Dec 17, 2018 | 41 | Feb 15, 2019 | 329 |
| -3.76% | Nov 20, 2020 | 1 | Nov 20, 2020 | 38 | Jan 19, 2021 | 39 |
| -3.25% | Jun 9, 2020 | 22 | Jul 9, 2020 | 14 | Jul 29, 2020 | 36 |
| -3.21% | Jul 30, 2019 | 82 | Nov 21, 2019 | 34 | Jan 13, 2020 | 116 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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