- ISIN
- US89386C6396
- CUSIP
- 89386C639
- Issuer
- Guggenheim
- Inception Date
- Jun 18, 2012
- Category
- Large Cap Growth Equities
- Min. Investment
- $2,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
TVRIX Performance Chart
Guggenheim Directional Allocation Fund (TVRIX) is up 11.1% since the beginning of the year. TVRIX is currently trading at $20 per share. Investors who bought $1,000 worth of TVRIX shares 5 years ago would now be looking at an investment worth $1,443.
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Returns By Period
Guggenheim Directional Allocation Fund (TVRIX) has returned 11.06% so far this year and 25.26% over the past 12 months. Over the last ten years, TVRIX has returned 10.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Guggenheim Directional Allocation Fund
- 1D
- 1.21%
- 1M
- 1.83%
- YTD
- 11.06%
- 6M
- 10.70%
- 1Y
- 25.26%
- 3Y*
- 14.23%
- 5Y*
- 7.61%
- 10Y*
- 10.20%
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%
TVRIX Monthly Returns History
Based on dividend-adjusted daily data since Jun 18, 2012, TVRIX's average daily return is +0.04%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 65% of months were positive and 35% were negative. The best month was Apr 2020 with a return of +13.0%, while the worst month was Mar 2020 at -18.5%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 3 months.
On a daily basis, TVRIX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -13.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.66% | -0.99% | -4.55% | 9.19% | 6.98% | -0.05% | 11.06% | ||||||
| 2025 | 2.18% | -1.01% | -4.55% | -0.36% | 4.12% | 4.07% | 1.27% | 1.74% | 3.05% | 2.28% | 0.61% | -0.07% | 13.83% |
| 2024 | 2.48% | 5.57% | 3.15% | -4.50% | 3.55% | 3.48% | -0.33% | 3.10% | 2.85% | 0.21% | 5.43% | -15.41% | 7.87% |
| 2023 | 0.20% | 0.27% | 0.27% | 0.27% | 0.27% | 1.07% | 1.91% | -0.78% | -4.50% | -1.43% | 9.00% | 4.52% | 11.00% |
| 2022 | -7.18% | -2.74% | 3.98% | -8.65% | -1.74% | -2.95% | 0.07% | 0.07% | 0.13% | 0.13% | 0.20% | 0.23% | -17.53% |
| 2021 | -1.23% | 4.41% | 3.33% | 4.72% | -0.33% | 3.14% | 1.71% | 2.89% | -4.24% | 7.74% | 0.45% | 2.31% | 27.30% |
Benchmark Metrics
Guggenheim Directional Allocation Fund has an annualized alpha of -1.08%, beta of 0.90, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since June 18, 2012.
- This fund participated in 96.63% of S&P 500 Index downside but only 86.35% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.90 and R2 of 0.80, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.08%
- Beta
- 0.90
- R²
- 0.80
- Upside Capture
- 86.35%
- Downside Capture
- 96.63%
Expense Ratio
TVRIX has a high expense ratio of 1.09%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
TVRIX ranks 70 for risk / return — better than 70% 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 Guggenheim Directional Allocation Fund (TVRIX) 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.
| TVRIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 2.78 | +0.22 |
| Martin ratioReturn relative to average drawdown | 13.19 | 12.44 | +0.75 |
Dividends
Dividend History
Guggenheim Directional Allocation Fund provided a 8.68% dividend yield over the last twelve months, with an annual payout of $1.74 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.74 | $1.74 | $0.00 | $0.33 | $0.10 | $2.60 | $0.05 | $2.59 | $2.00 |
Dividend yield | 8.68% | 9.64% | 0.00% | 2.03% | 0.71% | 14.34% | 0.30% | 16.62% | 14.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Guggenheim Directional Allocation 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $1.74 | $1.74 |
| 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 | $0.33 | $0.33 |
| 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 | $2.60 | $2.60 |
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 Guggenheim Directional Allocation 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 Guggenheim Directional Allocation Fund was 39.36%, occurring on Mar 23, 2020. Recovery took 188 trading sessions.
The current Guggenheim Directional Allocation Fund drawdown is 0.94%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -39.36%Mar 2020 | 1mo 4d | 8mo 29d | 10mo 3dFeb 2020 - Dec 2020 |
2025 selloff2025 | -24.87%Apr 2025 | 4mo | 1y 27d | 1y 4moDec 2024 - May 2026 |
Bear market2022 | -24.81%Jun 2022 | 5mo 20d | 1y 9mo | 2y 2moDec 2021 - Mar 2024 |
Rate-hike selloffLate 2018 | -22.81%Dec 2018 | 3mo 26d | 6mo 9d | 10mo 5dAug 2018 - Jul 2019 |
2016 correction2016 | -16.51%Feb 2016 | 1y 5mo | 5mo 4d | 1y 10moSep 2014 - Jul 2016 |
Drawdown Indicators
| TVRIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.36% | -56.78% | +17.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.45% | -9.10% | +0.65% |
Max Drawdown (3Y)Largest decline over 3 years | -24.87% | -18.90% | -5.97% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | -25.43% | +0.56% |
Max Drawdown (10Y)Largest decline over 10 years | -39.36% | -33.92% | -5.44% |
Current DrawdownCurrent decline from peak | -0.94% | -1.80% | +0.86% |
Average DrawdownAverage peak-to-trough decline | -6.04% | -10.71% | +4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 2.03% | -0.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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