CLPAX vs. CPEAX
CLPAX (Catalyst Nasdaq-100 Hedged Equity Fund) and CPEAX (Catalyst Dynamic Alpha Fund) are both mutual funds - CLPAX is a Derivative Income fund managed by Catalyst Mutual Funds, while CPEAX is a Large Cap Growth Equities fund managed by Catalyst Mutual Funds. Over the past 10 years, CLPAX returned 7.01%/yr vs 11.58%/yr for CPEAX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. CLPAX charges 1.74%/yr vs 1.38%/yr for CPEAX.
Performance
CLPAX vs. CPEAX - Performance Comparison
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Returns By Period
In the year-to-date period, CLPAX achieves a 7.57% return, which is significantly lower than CPEAX's 15.79% return. Over the past 10 years, CLPAX has underperformed CPEAX with an annualized return of 7.01%, while CPEAX has yielded a comparatively higher 11.58% annualized return.
CLPAX
- 1D
- 1.76%
- 1M
- -3.34%
- 6M
- 6.47%
- YTD
- 7.57%
- 1Y
- 15.02%
- 3Y*
- 12.20%
- 5Y*
- 5.95%
- 10Y*
- 7.01%
- ALL TIME*
- 5.96%
CPEAX
- 1D
- 4.36%
- 1M
- -5.69%
- 6M
- 11.76%
- YTD
- 15.79%
- 1Y
- 23.80%
- 3Y*
- 16.04%
- 5Y*
- 10.90%
- 10Y*
- 11.58%
- ALL TIME*
- 13.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CLPAX vs. CPEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 7.57% | 12.32% | 11.42% | 35.92% | -30.54% | 13.11% | 5.25% | 19.41% | -3.65% | 8.20% |
CPEAX Catalyst Dynamic Alpha Fund | 15.79% | 9.98% | 22.02% | 13.44% | -14.87% | 19.59% | 21.00% | 11.14% | -4.35% | 26.91% |
Correlation
The correlation between CLPAX and CPEAX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.76 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014 | 0.74 |
The correlation between CLPAX and CPEAX has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.
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Return for Risk
CLPAX vs. CPEAX — Risk / Return Rank
CLPAX
CPEAX
CLPAX vs. CPEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and Catalyst Dynamic Alpha Fund (CPEAX). 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.
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.
| CLPAX | CPEAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.44 | -0.48 |
| Martin ratioReturn relative to average drawdown | 2.42 | 5.01 | -2.59 |
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Drawdowns
CLPAX vs. CPEAX - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -32.47%, smaller than the maximum CPEAX drawdown of -34.39%. Use the drawdown chart below to compare losses from any high point for CLPAX and CPEAX.
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Drawdown Indicators
| CLPAX | CPEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.47% | -34.39% | +1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -12.87% | -15.44% | +2.57% |
Max Drawdown (3Y)Largest decline over 3 years | -18.37% | -26.28% | +7.91% |
Max Drawdown (5Y)Largest decline over 5 years | -32.47% | -26.28% | -6.19% |
Max Drawdown (10Y)Largest decline over 10 years | -32.47% | -34.39% | +1.92% |
Current DrawdownCurrent decline from peak | -8.58% | -11.76% | +3.18% |
Average DrawdownAverage peak-to-trough decline | -8.04% | -5.31% | -2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.09% | 4.43% | +0.66% |
Volatility
CLPAX vs. CPEAX - Volatility Comparison
The current volatility for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) is 4.33%, while Catalyst Dynamic Alpha Fund (CPEAX) has a volatility of 9.36%. This indicates that CLPAX experiences smaller price fluctuations and is considered to be less risky than CPEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLPAX | CPEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 9.36% | -5.03% |
Volatility (6M)Calculated over the trailing 6-month period | 12.12% | 22.08% | -9.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.44% | 25.61% | -10.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.16% | 21.01% | -4.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.55% | 21.05% | -6.50% |
CLPAX vs. CPEAX - Expense Ratio Comparison
CLPAX has a 1.74% expense ratio, which is higher than CPEAX's 1.38% expense ratio.
Dividends
CLPAX vs. CPEAX - Dividend Comparison
CLPAX's dividend yield for the trailing twelve months is around 8.46%, less than CPEAX's 13.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 8.46% | 9.10% | 0.00% | 0.00% | 2.68% | 0.32% | 0.49% | 5.41% | 0.30% | 0.02% | 0.00% | 17.26% |
CPEAX Catalyst Dynamic Alpha Fund | 13.60% | 15.75% | 9.57% | 0.00% | 1.21% | 30.88% | 0.00% | 0.12% | 19.37% | 2.32% | 0.00% | 1.36% |
Frequently Asked Questions
CLPAX and CPEAX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPEAX has higher volatility (9.36%) compared to CLPAX (4.33%). In terms of maximum drawdown, CLPAX dropped -32.47% vs CPEAX's -34.39%.
CPEAX currently has the higher Sharpe Ratio (0.87 vs 0.80), 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.
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