Toews Tactical Defensive Alpha Fund (TTDAX)
The fund's adviser seeks to achieve the fund's investment objective by investing primarily in: (1) derivative instruments including but not limited to futures contracts on equity indices compromised of issuers of any capitalization, (2) fixed income securities and (3) cash equivalents. It may also invest directly in stocks of U.S. issuers of any capitalization, foreign large cap stocks and exchange traded funds ("ETFs") that invest primarily in common stock.
Fund Info
US66537X3329
66537X332
Jan 6, 2016
$10,000
Large-Cap
Blend
Expense Ratio
TTDAX has a high expense ratio of 1.25%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Toews Tactical Defensive Alpha 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
Toews Tactical Defensive Alpha Fund had a return of 2.72% year-to-date (YTD) and 5.04% in the last 12 months.
TTDAX
2.72%
1.49%
-0.70%
5.04%
-1.58%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of TTDAX, 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 | 1.71% | 2.72% | |||||||||||
| 2024 | -1.81% | 4.39% | 3.23% | -6.16% | 3.23% | 0.00% | 4.01% | 0.56% | -1.22% | -3.60% | 4.72% | -3.78% | 2.88% |
| 2023 | 4.00% | -3.24% | -0.52% | 0.00% | -3.26% | 6.20% | 3.79% | -5.62% | -6.79% | -0.22% | 6.63% | 7.76% | 7.65% |
| 2022 | -3.91% | -1.81% | 4.24% | -5.48% | -0.37% | -4.69% | 4.04% | -3.88% | -9.25% | 6.29% | 2.55% | -4.49% | -16.61% |
| 2021 | 0.61% | 3.43% | 2.72% | 3.15% | -1.25% | 0.49% | 0.35% | 1.47% | -4.75% | 5.05% | -3.57% | -17.96% | -11.80% |
| 2020 | -0.52% | -5.20% | -14.63% | 11.78% | 4.88% | 2.92% | 4.44% | 4.50% | -4.23% | -1.36% | 10.41% | 2.25% | 13.10% |
| 2019 | 5.97% | 3.33% | 0.98% | 3.01% | -4.13% | 7.00% | 0.00% | 0.34% | -0.58% | 0.00% | 2.35% | -2.90% | 15.83% |
| 2018 | 2.95% | -3.56% | 0.00% | -0.90% | 0.64% | 0.72% | 1.80% | 1.59% | -1.65% | -6.09% | 4.61% | -7.87% | -8.20% |
| 2017 | 1.82% | 2.15% | 0.79% | 1.39% | 0.69% | 0.85% | 1.10% | -0.25% | 2.68% | 1.47% | 1.61% | -11.53% | 1.94% |
| 2016 | 2.30% | 0.88% | 5.33% | 1.20% | -0.73% | 1.28% | 2.08% | 0.71% | 0.53% | -3.06% | 0.27% | -1.26% | 9.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TTDAX is 14, meaning it’s performing worse than 86% of other 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 Toews Tactical Defensive Alpha Fund (TTDAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Toews Tactical Defensive Alpha Fund provided a 3.22% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.26 | $0.10 | $0.00 | $0.07 | $0.24 | $0.04 | $0.02 |
Dividend yield | 3.22% | 3.30% | 2.56% | 1.03% | 0.00% | 0.54% | 2.06% | 0.43% | 0.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Toews Tactical Defensive Alpha 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 | $0.33 | $0.33 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2022 | $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 |
| 2021 | $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 |
| 2020 | $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 |
| 2019 | $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 |
| 2018 | $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 |
| 2017 | $0.02 | $0.02 |
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 Toews Tactical Defensive Alpha 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 Toews Tactical Defensive Alpha Fund was 41.20%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current Toews Tactical Defensive Alpha Fund drawdown is 27.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.2% | Nov 9, 2021 | 495 | Oct 27, 2023 | — | — | — |
| -36.93% | Dec 19, 2017 | 567 | Mar 23, 2020 | 114 | Sep 2, 2020 | 681 |
| -8.14% | Sep 3, 2020 | 14 | Sep 23, 2020 | 37 | Nov 13, 2020 | 51 |
| -6.41% | Sep 8, 2016 | 42 | Nov 4, 2016 | 78 | Mar 1, 2017 | 120 |
| -5.72% | Sep 3, 2021 | 19 | Sep 30, 2021 | 22 | Nov 1, 2021 | 41 |
Volatility
Volatility Chart
The current Toews Tactical Defensive Alpha Fund volatility is 1.89%, 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.