CLTAX vs. UPAAX

Last updated Jun 25, 2026

CLTAX (Catalyst/Lyons Tactical Allocation Fund) and UPAAX (Upright Assets Allocation Plus Fund) are both Tactical Allocation funds. Their correlation of 0.81 suggests significant overlap in exposure. CLTAX charges 1.53%/yr vs 2.49%/yr for UPAAX.

Performance

CLTAX vs. UPAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst/Lyons Tactical Allocation Fund (CLTAX) and Upright Assets Allocation Plus Fund (UPAAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CLTAX

• 1D: -1.91%
• 1M: 0.87%
• YTD: 10.09%
• 6M: 7.72%
• 1Y: 21.90%
• 3Y*: 12.33%
• 5Y*: 3.14%
• 10Y*: 7.89%

UPAAX

• 1D: -2.90%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLTAX vs. UPAAX - Yearly Performance Comparison

	2026 (YTD)
CLTAX Catalyst/Lyons Tactical Allocation Fund	0.87%
UPAAX Upright Assets Allocation Plus Fund	-4.94%

Correlation

The correlation between CLTAX and UPAAX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.81

Return for Risk

CLTAX vs. UPAAX — Risk / Return Rank

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

CLTAX

CLTAX Risk / Return Rank: 37
CLTAX Sharpe Ratio Rank: 32
CLTAX Sortino Ratio Rank: 31
CLTAX Omega Ratio Rank: 30
CLTAX Calmar Ratio Rank: 38
CLTAX Martin Ratio Rank: 53

UPAAX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CLTAX vs. UPAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst/Lyons Tactical Allocation Fund (CLTAX) and Upright Assets Allocation Plus Fund (UPAAX). 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.

	CLTAX	UPAAX	Difference
Sharpe ratio: Return per unit of total volatility	1.41	—	—
Sortino ratio: Return per unit of downside risk	1.99	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.12	—	—
Martin ratio: Return relative to average drawdown	9.56	—	—

Drawdowns

CLTAX vs. UPAAX - Drawdown Comparison

The maximum CLTAX drawdown since its inception was -28.93%, which is greater than UPAAX's maximum drawdown of -10.95%. Use the drawdown chart below to compare losses from any high point for CLTAX and UPAAX.

Drawdown Indicators

	CLTAX	UPAAX	Difference
Max Drawdown Largest peak-to-trough decline	-28.93%	-10.95%	-17.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.93%	—	—
Current Drawdown Current decline from peak	-2.19%	-8.49%	+6.30%
Average Drawdown Average peak-to-trough decline	-7.99%	-5.21%	-2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	—	—

Volatility

Volatility by Period

	CLTAX	UPAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.39%	35.86%	-19.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.77%	35.86%	-21.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.32%	35.86%	-21.54%

CLTAX vs. UPAAX - Expense Ratio Comparison

CLTAX has a 1.53% expense ratio, which is lower than UPAAX's 2.49% expense ratio.

Dividends

CLTAX vs. UPAAX - Dividend Comparison

CLTAX's dividend yield for the trailing twelve months is around 9.14%, while UPAAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLTAX Catalyst/Lyons Tactical Allocation Fund	9.14%	10.06%	0.02%	1.02%	12.48%	0.55%	3.42%	12.17%	2.73%	2.81%	1.35%	6.33%
UPAAX Upright Assets Allocation Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CLTAX and UPAAX in my portfolio?

CLTAX and UPAAX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.