CLPAX vs. WFSPX
Compare and contrast key facts about Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and iShares S&P 500 Index Fund (WFSPX).
CLPAX is managed by Catalyst Mutual Funds. It was launched on Dec 30, 2013. WFSPX is managed by Blackrock. It was launched on Jul 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLPAX or WFSPX.
Correlation
The correlation between CLPAX and WFSPX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CLPAX vs. WFSPX - Performance Comparison
Key characteristics
CLPAX:
0.99
WFSPX:
1.98
CLPAX:
1.43
WFSPX:
2.64
CLPAX:
1.18
WFSPX:
1.37
CLPAX:
1.06
WFSPX:
2.95
CLPAX:
4.05
WFSPX:
13.11
CLPAX:
3.23%
WFSPX:
1.90%
CLPAX:
13.16%
WFSPX:
12.61%
CLPAX:
-36.85%
WFSPX:
-89.72%
CLPAX:
-3.08%
WFSPX:
-3.96%
Returns By Period
In the year-to-date period, CLPAX achieves a 12.79% return, which is significantly lower than WFSPX's 24.09% return. Over the past 10 years, CLPAX has underperformed WFSPX with an annualized return of 1.22%, while WFSPX has yielded a comparatively higher 12.66% annualized return.
CLPAX
12.79%
3.44%
3.76%
12.31%
4.19%
1.22%
WFSPX
24.09%
-0.68%
7.16%
24.17%
14.20%
12.66%
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CLPAX vs. WFSPX - Expense Ratio Comparison
CLPAX has a 1.74% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Risk-Adjusted Performance
CLPAX vs. WFSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and iShares S&P 500 Index Fund (WFSPX). 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.
Dividends
CLPAX vs. WFSPX - Dividend Comparison
CLPAX has not paid dividends to shareholders, while WFSPX's dividend yield for the trailing twelve months is around 0.91%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | 0.29% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
WFSPX iShares S&P 500 Index Fund | 0.91% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
Drawdowns
CLPAX vs. WFSPX - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -36.85%, smaller than the maximum WFSPX drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for CLPAX and WFSPX. For additional features, visit the drawdowns tool.
Volatility
CLPAX vs. WFSPX - Volatility Comparison
Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) has a higher volatility of 4.58% compared to iShares S&P 500 Index Fund (WFSPX) at 3.74%. This indicates that CLPAX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.