CLPAX vs. EIXIX

Last updated Aug 1, 2026

CLPAX (Catalyst Nasdaq-100 Hedged Equity Fund) and EIXIX (Catalyst Enhanced Income Strategy Fund) are both mutual funds - CLPAX is a Derivative Income fund managed by Catalyst Mutual Funds, while EIXIX is a Nontraditional Bonds fund managed by Catalyst Mutual Funds. Over the past 5 years, CLPAX returned 5.95%/yr vs -4.70%/yr for EIXIX. Their 0.07 correlation means their historical movements had little consistent relationship. CLPAX charges 1.74%/yr vs 1.50%/yr for EIXIX.

Performance

CLPAX vs. EIXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and Catalyst Enhanced Income Strategy Fund (EIXIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CLPAX achieves a 7.57% return, which is significantly higher than EIXIX's -7.35% 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%

EIXIX

• 1D: -0.21%
• 1M: 1.41%
• 6M: -6.65%
• YTD: -7.35%
• 1Y: -13.47%
• 3Y*: -5.49%
• 5Y*: -4.70%
• 10Y*: —
• ALL TIME*: -0.01%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund	$0.00	$0.00	$0.00
EIXIX Catalyst Enhanced Income Strategy Fund	$0.00	$0.00	$0.00

CLPAX vs. EIXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund	7.57%	12.32%	11.42%	35.92%	-30.54%	13.11%	5.25%	17.56%
EIXIX Catalyst Enhanced Income Strategy Fund	-7.35%	-8.86%	0.88%	-2.09%	-6.82%	4.55%	6.18%	15.84%

Correlation

The correlation between CLPAX and EIXIX is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.04
Correlation (3Y) Balances recent behavior with more history.	-0.00
Correlation (5Y) Shows whether the relationship held over a longer period.	0.03
Correlation (All Time) Calculated using the full available price history since Jan 9, 2019	0.07

Return for Risk

CLPAX vs. EIXIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CLPAX

CLPAX Risk / Return Rank: 21
CLPAX Sharpe Ratio Rank: 23
CLPAX Sortino Ratio Rank: 23
CLPAX Omega Ratio Rank: 22
CLPAX Calmar Ratio Rank: 20
CLPAX Martin Ratio Rank: 18

EIXIX

EIXIX Risk / Return Rank: 0
EIXIX Sharpe Ratio Rank: 0
EIXIX Sortino Ratio Rank: 0
EIXIX Omega Ratio Rank: 0
EIXIX Calmar Ratio Rank: 0
EIXIX Martin Ratio Rank: 0

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CLPAX vs. EIXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and Catalyst Enhanced Income Strategy Fund (EIXIX). 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	EIXIX	Difference
Sharpe ratio: Return per unit of total volatility	0.80	-1.53	+2.33
Sortino ratio: Return per unit of downside risk	1.20	-2.10	+3.30
Omega ratio: Gain probability vs. loss probability	1.14	0.74	+0.40
Calmar ratio: Return relative to maximum drawdown	0.96	-0.75	+1.72
Martin ratio: Return relative to average drawdown	2.42	-1.52	+3.94

CLPAX vs. EIXIX - Sharpe Ratio Comparison

The current CLPAX Sharpe Ratio is 0.80, which is higher than the EIXIX Sharpe Ratio of -1.53. The chart below compares the historical Sharpe Ratios of CLPAX and EIXIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CLPAX vs. EIXIX - Drawdown Comparison

The maximum CLPAX drawdown since its inception was -32.47%, which is greater than EIXIX's maximum drawdown of -24.46%. Use the drawdown chart below to compare losses from any high point for CLPAX and EIXIX.

Drawdown Indicators

	CLPAX	EIXIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.47%	-24.46%	-8.01%
Max Drawdown (1Y) Largest decline over 1 year	-12.87%	-16.22%	+3.35%
Max Drawdown (3Y) Largest decline over 3 years	-18.37%	-19.95%	+1.58%
Max Drawdown (5Y) Largest decline over 5 years	-32.47%	-24.46%	-8.01%
Max Drawdown (10Y) Largest decline over 10 years	-32.47%	—	—
Current Drawdown Current decline from peak	-8.58%	-22.64%	+14.06%
Average Drawdown Average peak-to-trough decline	-8.04%	-5.73%	-2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	8.04%	-2.95%

Volatility

CLPAX vs. EIXIX - Volatility Comparison

Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) has a higher volatility of 4.33% compared to Catalyst Enhanced Income Strategy Fund (EIXIX) at 3.73%. This indicates that CLPAX's price experiences larger fluctuations and is considered to be riskier than EIXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLPAX	EIXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	3.73%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	12.12%	6.69%	+5.43%
Volatility (1Y) Calculated over the trailing 1-year period	15.44%	7.99%	+7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.16%	4.88%	+11.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.55%	4.98%	+9.57%

CLPAX vs. EIXIX - Expense Ratio Comparison

CLPAX has a 1.74% expense ratio, which is higher than EIXIX's 1.50% expense ratio.

Dividends

CLPAX vs. EIXIX - Dividend Comparison

CLPAX's dividend yield for the trailing twelve months is around 8.46%, more than EIXIX's 3.99% 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%
EIXIX Catalyst Enhanced Income Strategy Fund	3.99%	7.24%	9.31%	8.57%	6.68%	7.11%	5.65%	4.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CLPAX and EIXIX in my portfolio?

CLPAX and EIXIX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CLPAX or EIXIX?

CLPAX has higher volatility (4.33%) compared to EIXIX (3.73%). In terms of maximum drawdown, CLPAX dropped -32.47% vs EIXIX's -24.46%.

Which has better risk-adjusted returns?

CLPAX currently has the higher Sharpe Ratio (0.80 vs -1.53), 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.