BPRLX vs. SDAIX

Last updated Jun 4, 2026

BPRLX (Beacon Planned Return Strategy Fund) and SDAIX (Swan Defined Risk Growth Fund) are both Options Trading funds. Over the past 5 years, BPRLX returned 12.19%/yr vs 8.31%/yr for SDAIX. Their correlation of 0.91 suggests significant overlap in exposure. BPRLX charges 1.19%/yr vs 1.40%/yr for SDAIX.

Performance

BPRLX vs. SDAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Beacon Planned Return Strategy Fund (BPRLX) and Swan Defined Risk Growth Fund (SDAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BPRLX achieves a 5.08% return, which is significantly lower than SDAIX's 6.92% return.

BPRLX

• 1D: 0.00%
• 1M: 1.67%
• YTD: 5.08%
• 6M: 5.70%
• 1Y: 13.20%
• 3Y*: 18.50%
• 5Y*: 12.19%
• 10Y*: —

SDAIX

• 1D: 0.18%
• 1M: 4.55%
• YTD: 6.92%
• 6M: 6.58%
• 1Y: 20.23%
• 3Y*: 14.17%
• 5Y*: 8.31%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BPRLX vs. SDAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BPRLX Beacon Planned Return Strategy Fund	5.08%	11.18%	31.86%	19.10%	-7.52%	9.62%	9.48%	17.88%
SDAIX Swan Defined Risk Growth Fund	6.92%	14.14%	13.81%	16.25%	-17.87%	22.93%	11.87%	23.13%

Correlation

The correlation between BPRLX and SDAIX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 3, 2019	0.91

The correlation between BPRLX and SDAIX has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

BPRLX vs. SDAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BPRLX

BPRLX Risk / Return Rank: 83
BPRLX Sharpe Ratio Rank: 81
BPRLX Sortino Ratio Rank: 84
BPRLX Omega Ratio Rank: 87
BPRLX Calmar Ratio Rank: 72
BPRLX Martin Ratio Rank: 93

SDAIX

SDAIX Risk / Return Rank: 51
SDAIX Sharpe Ratio Rank: 54
SDAIX Sortino Ratio Rank: 49
SDAIX Omega Ratio Rank: 54
SDAIX Calmar Ratio Rank: 42
SDAIX Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BPRLX vs. SDAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beacon Planned Return Strategy Fund (BPRLX) and Swan Defined Risk Growth Fund (SDAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BPRLX	SDAIX	Difference
Sharpe ratio: Return per unit of total volatility	2.65	2.16	+0.48
Sortino ratio: Return per unit of downside risk	4.01	2.96	+1.05
Omega ratio: Gain probability vs. loss probability	1.61	1.41	+0.20
Calmar ratio: Return relative to maximum drawdown	3.29	2.47	+0.83
Martin ratio: Return relative to average drawdown	20.03	11.49	+8.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BPRLX vs. SDAIX - Sharpe Ratio Comparison

The current BPRLX Sharpe Ratio is 2.65, which is comparable to the SDAIX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of BPRLX and SDAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BPRLX	SDAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	2.16	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.67	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.86	-0.15

Drawdowns

BPRLX vs. SDAIX - Drawdown Comparison

The maximum BPRLX drawdown since its inception was -24.28%, roughly equal to the maximum SDAIX drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for BPRLX and SDAIX.

Drawdown Indicators

	BPRLX	SDAIX	Difference
Max Drawdown Largest peak-to-trough decline	-24.28%	-24.26%	-0.02%
Max Drawdown (1Y) Largest decline over 1 year	-4.12%	-8.37%	+4.25%
Max Drawdown (3Y) Largest decline over 3 years	-11.63%	-14.25%	+2.62%
Max Drawdown (5Y) Largest decline over 5 years	-24.28%	-22.89%	-1.39%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.11%	-4.99%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	1.80%	-1.12%

Volatility

BPRLX vs. SDAIX - Volatility Comparison

The current volatility for Beacon Planned Return Strategy Fund (BPRLX) is 0.69%, while Swan Defined Risk Growth Fund (SDAIX) has a volatility of 2.26%. This indicates that BPRLX experiences smaller price fluctuations and is considered to be less risky than SDAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BPRLX	SDAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.69%	2.26%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	4.28%	7.57%	-3.29%
Volatility (1Y) Calculated over the trailing 1-year period	5.14%	9.56%	-4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.96%	12.46%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.06%	13.40%	+1.66%

BPRLX vs. SDAIX - Expense Ratio Comparison

BPRLX has a 1.19% expense ratio, which is lower than SDAIX's 1.40% expense ratio.

Dividends

BPRLX vs. SDAIX - Dividend Comparison

BPRLX's dividend yield for the trailing twelve months is around 11.94%, while SDAIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BPRLX Beacon Planned Return Strategy Fund	11.94%	12.54%	32.86%	5.82%	0.00%	14.20%	5.09%	6.68%	8.70%	0.32%
SDAIX Swan Defined Risk Growth Fund	0.00%	0.00%	0.00%	28.80%	0.00%	0.00%	0.62%	1.62%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BPRLX and SDAIX in my portfolio?

With a correlation of 0.92, BPRLX and SDAIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BPRLX or SDAIX?

SDAIX has higher volatility (2.26%) compared to BPRLX (0.69%). In terms of maximum drawdown, BPRLX dropped -24.28% vs SDAIX's -24.26%.

Which has better risk-adjusted returns?

BPRLX currently has the higher Sharpe Ratio (2.65 vs 2.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.