DEBTX vs. EQTIX

Last updated Jun 4, 2026

DEBTX (Shelton Tactical Credit Fund) and EQTIX (Shelton Equity Income Fund) are both mutual funds - DEBTX is a Nontraditional Bonds fund managed by Shelton Capital Management, while EQTIX is a Derivative Income fund managed by Shelton Capital Management. Over the past 10 years, DEBTX returned 24.81%/yr vs 9.78%/yr for EQTIX. At a 0.34 correlation, their price movements are largely independent. DEBTX charges 1.97%/yr vs 0.72%/yr for EQTIX.

Performance

DEBTX vs. EQTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Tactical Credit Fund (DEBTX) and Shelton Equity Income Fund (EQTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DEBTX achieves a 1.15% return, which is significantly lower than EQTIX's 9.64% return. Over the past 10 years, DEBTX has outperformed EQTIX with an annualized return of 24.81%, while EQTIX has yielded a comparatively lower 9.78% annualized return.

DEBTX

• 1D: 0.00%
• 1M: 0.59%
• YTD: 1.15%
• 6M: 1.45%
• 1Y: 6.22%
• 3Y*: 5.86%
• 5Y*: 2.09%
• 10Y*: 24.81%

EQTIX

• 1D: 0.16%
• 1M: 5.52%
• YTD: 9.64%
• 6M: 10.13%
• 1Y: 19.54%
• 3Y*: 15.40%
• 5Y*: 9.18%
• 10Y*: 9.78%

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

DEBTX vs. EQTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEBTX Shelton Tactical Credit Fund	1.15%	6.99%	5.67%	4.23%	-7.42%	6.75%	5.77%	613.91%	-1.60%	3.34%
EQTIX Shelton Equity Income Fund	9.64%	8.84%	17.18%	17.17%	-10.28%	23.76%	6.87%	17.66%	-10.00%	13.57%

Correlation

The correlation between DEBTX and EQTIX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015	0.34

Return for Risk

DEBTX vs. EQTIX — Risk / Return Rank

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

DEBTX

DEBTX Risk / Return Rank: 54
DEBTX Sharpe Ratio Rank: 45
DEBTX Sortino Ratio Rank: 50
DEBTX Omega Ratio Rank: 49
DEBTX Calmar Ratio Rank: 62
DEBTX Martin Ratio Rank: 65

EQTIX

EQTIX Risk / Return Rank: 53
EQTIX Sharpe Ratio Rank: 50
EQTIX Sortino Ratio Rank: 48
EQTIX Omega Ratio Rank: 47
EQTIX Calmar Ratio Rank: 55
EQTIX Martin Ratio Rank: 64

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.

DEBTX vs. EQTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Tactical Credit Fund (DEBTX) and Shelton Equity Income Fund (EQTIX). 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.

	DEBTX	EQTIX	Difference
Sharpe ratio Return per unit of total volatility	1.98	2.10	-0.12
Sortino ratio Return per unit of downside risk	2.98	2.93	+0.06
Omega ratio Gain probability vs. loss probability	1.38	1.38	+0.01
Calmar ratio Return relative to maximum drawdown	3.03	2.83	+0.19
Martin ratio Return relative to average drawdown	12.68	12.54	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DEBTX vs. EQTIX - Sharpe Ratio Comparison

The current DEBTX Sharpe Ratio is 1.98, which is comparable to the EQTIX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of DEBTX and EQTIX, 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

	DEBTX	EQTIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	2.10	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.70	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.69	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.47	+0.02

Drawdowns

DEBTX vs. EQTIX - Drawdown Comparison

The maximum DEBTX drawdown since its inception was -19.21%, smaller than the maximum EQTIX drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for DEBTX and EQTIX.

Drawdown Indicators

	DEBTX	EQTIX	Difference
Max Drawdown Largest peak-to-trough decline	-19.21%	-53.77%	+34.56%
Max Drawdown (1Y) Largest decline over 1 year	-2.03%	-7.10%	+5.07%
Max Drawdown (3Y) Largest decline over 3 years	-5.01%	-17.03%	+12.02%
Max Drawdown (5Y) Largest decline over 5 years	-12.18%	-19.03%	+6.85%
Max Drawdown (10Y) Largest decline over 10 years	-19.21%	-29.85%	+10.64%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.74%	-7.17%	+4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	1.60%	-1.12%

Volatility

DEBTX vs. EQTIX - Volatility Comparison

The current volatility for Shelton Tactical Credit Fund (DEBTX) is 1.04%, while Shelton Equity Income Fund (EQTIX) has a volatility of 2.19%. This indicates that DEBTX experiences smaller price fluctuations and is considered to be less risky than EQTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEBTX	EQTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.04%	2.19%	-1.15%
Volatility (6M) Calculated over the trailing 6-month period	2.36%	7.59%	-5.23%
Volatility (1Y) Calculated over the trailing 1-year period	3.11%	9.59%	-6.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.14%	13.12%	-8.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.14%	14.31%	+32.83%

DEBTX vs. EQTIX - Expense Ratio Comparison

DEBTX has a 1.97% expense ratio, which is higher than EQTIX's 0.72% expense ratio.

Dividends

DEBTX vs. EQTIX - Dividend Comparison

DEBTX's dividend yield for the trailing twelve months is around 5.65%, less than EQTIX's 8.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEBTX Shelton Tactical Credit Fund	5.65%	4.41%	5.30%	3.43%	2.62%	3.45%	3.82%	132.10%	4.95%	5.77%	0.00%	0.00%
EQTIX Shelton Equity Income Fund	8.37%	7.62%	9.51%	9.25%	9.83%	11.98%	24.62%	4.89%	23.96%	14.65%	16.02%	3.33%

Frequently Asked Questions

Can I hold both DEBTX and EQTIX in my portfolio?

DEBTX and EQTIX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DEBTX or EQTIX?

EQTIX has higher volatility (2.19%) compared to DEBTX (1.04%). In terms of maximum drawdown, DEBTX dropped -19.21% vs EQTIX's -53.77%.

Which has better risk-adjusted returns?

EQTIX currently has the higher Sharpe Ratio (2.10 vs 1.98), 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.