VELA International Fund (VEITX)
The fund primarily invests in undervalued non-U.S. equity securities across different countries and regions, with a potential allocation of up to 30% in emerging market companies.
Fund Info
Sep 29, 2020
$2,500
Large-Cap
Value
Expense Ratio
VEITX has a high expense ratio of 1.20%, 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
VELA International Fund (VEITX) returned 16.36% year-to-date (YTD) and 13.35% over the past 12 months.
VEITX
16.36%
4.38%
13.77%
13.35%
10.26%
N/A
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of VEITX, 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 | 2.40% | 3.18% | 2.20% | 3.73% | 3.88% | 16.36% | |||||||
| 2024 | -2.33% | 0.40% | 4.75% | -1.82% | 5.39% | -3.22% | 4.00% | 2.32% | 1.07% | -4.42% | -0.51% | -2.80% | 2.26% |
| 2023 | 8.71% | -2.02% | 1.40% | 2.12% | -4.47% | 5.10% | 3.50% | -3.69% | -2.95% | -3.53% | 6.98% | 4.85% | 15.92% |
| 2022 | 0.40% | -2.73% | -1.98% | -2.86% | 3.30% | -8.14% | 2.38% | -5.36% | -8.30% | 6.38% | 11.80% | -0.11% | -6.88% |
| 2021 | -1.55% | 5.59% | 2.07% | 1.70% | 5.18% | -1.67% | -1.31% | -0.00% | -3.51% | 2.67% | -5.67% | 4.29% | 7.33% |
| 2020 | -5.30% | 16.26% | 5.63% | 16.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VEITX is 68, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VELA International Fund (VEITX) 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
VELA International Fund provided a 2.86% dividend yield over the last twelve months, with an annual payout of $0.43 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.43 | $0.43 | $0.29 | $0.19 | $0.08 |
Dividend yield | 2.86% | 3.33% | 2.28% | 1.65% | 0.65% |
Monthly Dividends
The table displays the monthly dividend distributions for VELA International 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2021 | $0.08 | $0.08 |
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 VELA International 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 VELA International Fund was 27.99%, occurring on Sep 26, 2022. Recovery took 366 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.99% | Jun 8, 2021 | 329 | Sep 26, 2022 | 366 | Mar 12, 2024 | 695 |
| -12.16% | Mar 20, 2025 | 14 | Apr 8, 2025 | 12 | Apr 25, 2025 | 26 |
| -9.9% | Sep 27, 2024 | 73 | Jan 13, 2025 | 35 | Mar 5, 2025 | 108 |
| -7.7% | Oct 12, 2020 | 15 | Oct 30, 2020 | 6 | Nov 9, 2020 | 21 |
| -4.82% | Jan 11, 2021 | 14 | Jan 29, 2021 | 10 | Feb 12, 2021 | 24 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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