- ISIN
- US62827P3608
- Issuer
- AlphaCentric Funds
- Inception Date
- Aug 8, 2019
- Category
- Multistrategy
- Min. Investment
- $2,500
- Distribution Policy
- Accumulating
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
SYMIX Performance Chart
AlphaCentric Symmetry Strategy Fund Class I (SYMIX) is up 7.2% since the beginning of the year. SYMIX is currently trading at $15 per share. Investors who bought $1,000 worth of SYMIX shares 5 years ago would now be looking at an investment worth $1,425.
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Returns By Period
AlphaCentric Symmetry Strategy Fund Class I (SYMIX) has returned 7.24% so far this year and 23.60% over the past 12 months.
AlphaCentric Symmetry Strategy Fund Class I
- 1D
- -0.20%
- 1M
- -3.58%
- YTD
- 7.24%
- 6M
- 6.70%
- 1Y
- 23.60%
- 3Y*
- 9.26%
- 5Y*
- 7.34%
- 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%
SYMIX Monthly Returns History
Based on dividend-adjusted daily data since Aug 19, 2019, SYMIX's average daily return is +0.03%, while the average monthly return is +0.56%. At this rate, an investment would double in approximately 10.3 years.
Historically, 57% of months were positive and 43% were negative. The best month was Apr 2026 with a return of +6.6%, while the worst month was Mar 2020 at -6.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SYMIX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +3.9%, while the worst single day was Mar 12, 2020 at -4.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.11% | 5.26% | -4.53% | 6.63% | -0.39% | -2.56% | 7.24% | ||||||
| 2025 | 1.54% | -1.76% | -2.61% | 0.00% | 1.76% | 3.12% | -1.12% | 3.55% | 3.66% | -1.20% | 2.81% | 2.22% | 12.36% |
| 2024 | 0.00% | 2.71% | 3.32% | -1.90% | -1.26% | -0.60% | 2.65% | 1.17% | 2.80% | -3.85% | 5.59% | -2.84% | 7.61% |
| 2023 | 0.87% | -1.89% | -1.22% | 2.21% | -2.08% | 3.01% | 2.49% | -0.67% | 0.42% | -2.10% | -0.43% | 0.50% | 0.93% |
| 2022 | 0.08% | 1.17% | 5.20% | 2.43% | 1.38% | -5.29% | 1.28% | 2.36% | -2.46% | 5.13% | -2.18% | -2.62% | 6.09% |
| 2021 | 0.10% | 5.60% | 2.88% | 3.76% | 1.43% | -0.33% | -0.33% | -0.00% | 0.42% | 2.50% | -5.36% | 3.01% | 14.07% |
Benchmark Metrics
AlphaCentric Symmetry Strategy Fund Class I has an annualized alpha of 1.72%, beta of 0.33, and R2 of 0.36 versus S&P 500 Index. Calculated based on daily prices since August 19, 2019.
- This fund participated in 40.28% of S&P 500 Index downside but only 33.98% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.33 may look defensive, but with R2 of 0.36 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 0.36 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.72%
- Beta
- 0.33
- R²
- 0.36
- Upside Capture
- 33.98%
- Downside Capture
- 40.28%
Expense Ratio
SYMIX has a high expense ratio of 1.69%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SYMIX ranks 61 for risk / return — better than 61% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AlphaCentric Symmetry Strategy Fund Class I (SYMIX) 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.
| SYMIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 2.78 | +1.02 |
| Martin ratioReturn relative to average drawdown | 12.64 | 12.44 | +0.20 |
Dividends
Dividend History
AlphaCentric Symmetry Strategy Fund Class I provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.24 | $1.14 | $0.03 | $0.18 | $0.27 |
Dividend yield | 0.00% | 0.00% | 0.00% | 2.06% | 9.82% | 0.25% | 1.71% | 2.42% |
Monthly Dividends
The table displays the monthly dividend distributions for AlphaCentric Symmetry Strategy Fund Class I. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.00 | $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 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 | $1.14 |
| 2021 | $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 |
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 AlphaCentric Symmetry Strategy Fund Class I. 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 AlphaCentric Symmetry Strategy Fund Class I was 17.44%, occurring on Mar 19, 2020. Recovery took 225 trading sessions.
The current AlphaCentric Symmetry Strategy Fund Class I drawdown is 4.63%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -17.44%Mar 2020 | 1mo 27d | 10mo 27d | 1y 19dJan 2020 - Feb 2021 |
2023 correction2023 | -12.20%Mar 2023 | 9mo 12d | 1y 12d | 1y 9moJun 2022 - Mar 2024 |
2025 selloff2025 | -12.03%Apr 2025 | 4mo | 3mo 16d | 7mo 16dDec 2024 - Jul 2025 |
2021 pullback2021 | -6.67%Dec 2021 | 1mo 5d | 3mo 3d | 4mo 8dOct 2021 - Mar 2022 |
2026 pullback2026 | -6.07%Mar 2026 | 21d | 1mo 5d | 1mo 26dMar 2026 - Apr 2026 |
Drawdown Indicators
| SYMIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.44% | -56.78% | +39.34% |
Max Drawdown (1Y)Largest decline over 1 year | -6.07% | -9.10% | +3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.03% | -18.90% | +6.87% |
Max Drawdown (5Y)Largest decline over 5 years | -12.20% | -25.43% | +13.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.63% | -1.80% | -2.83% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -10.71% | +6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.03% | -0.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with SYMIX
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