EIXIX vs. FPFIX
EIXIX (Catalyst Enhanced Income Strategy Fund) and FPFIX (FPA Flexible Fixed Income Fund) are both Nontraditional Bonds funds. Over the past 5 years, EIXIX returned -5.13%/yr vs 3.46%/yr for FPFIX. A 0.55 correlation means they provide meaningful diversification when combined. EIXIX charges 1.50%/yr vs 0.51%/yr for FPFIX.
Performance
EIXIX vs. FPFIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EIXIX achieves a -9.53% return, which is significantly lower than FPFIX's -0.09% return.
EIXIX
- 1D
- -0.49%
- 1M
- -5.39%
- 6M
- -9.13%
- YTD
- -9.53%
- 1Y
- -15.80%
- 3Y*
- -6.26%
- 5Y*
- -5.13%
- 10Y*
- —
FPFIX
- 1D
- 0.00%
- 1M
- 0.02%
- 6M
- -0.19%
- YTD
- -0.09%
- 1Y
- 3.35%
- 3Y*
- 5.64%
- 5Y*
- 3.46%
- 10Y*
- —
EIXIX vs. FPFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EIXIX Catalyst Enhanced Income Strategy Fund | -9.53% | -8.86% | 0.88% | -2.09% | -6.82% | 4.55% | 6.18% | 15.84% |
FPFIX FPA Flexible Fixed Income Fund | -0.09% | 6.87% | 5.28% | 8.11% | -2.82% | 1.77% | 4.71% | 3.78% |
Correlation
The correlation between EIXIX and FPFIX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jan 9, 2019 | 0.55 |
Over the past year, EIXIX and FPFIX have become more correlated (0.77) than their long-term average of 0.55, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EIXIX vs. FPFIX — Risk / Return Rank
EIXIX
FPFIX
EIXIX vs. FPFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Enhanced Income Strategy Fund (EIXIX) and FPA Flexible Fixed Income Fund (FPFIX). 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.
| EIXIX | FPFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.53 | ||
| Sortino ratioReturn per unit of downside risk | -4.75 | ||
| Omega ratioGain probability vs. loss probability | 0.65 | 1.25 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -1.01 | 1.51 | -2.52 |
| Martin ratioReturn relative to average drawdown | -2.21 | 3.70 | -5.91 |
Loading charts...
Drawdowns
EIXIX vs. FPFIX - Drawdown Comparison
The maximum EIXIX drawdown since its inception was -24.46%, which is greater than FPFIX's maximum drawdown of -4.11%. Use the drawdown chart below to compare losses from any high point for EIXIX and FPFIX.
Loading charts...
Drawdown Indicators
| EIXIX | FPFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.46% | -4.11% | -20.35% |
Max Drawdown (1Y)Largest decline over 1 year | -16.22% | -2.10% | -14.12% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -2.10% | -17.85% |
Max Drawdown (5Y)Largest decline over 5 years | -24.46% | -4.11% | -20.35% |
Current DrawdownCurrent decline from peak | -24.46% | -1.49% | -22.97% |
Average DrawdownAverage peak-to-trough decline | -5.60% | -0.61% | -4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.39% | 0.85% | +6.54% |
Volatility
EIXIX vs. FPFIX - Volatility Comparison
Catalyst Enhanced Income Strategy Fund (EIXIX) has a higher volatility of 3.37% compared to FPA Flexible Fixed Income Fund (FPFIX) at 0.79%. This indicates that EIXIX's price experiences larger fluctuations and is considered to be riskier than FPFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EIXIX | FPFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 0.79% | +2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 5.75% | 1.86% | +3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.33% | 2.43% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.62% | 2.35% | +2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.83% | 2.09% | +2.74% |
EIXIX vs. FPFIX - Expense Ratio Comparison
EIXIX has a 1.50% expense ratio, which is higher than FPFIX's 0.51% expense ratio.
Dividends
EIXIX vs. FPFIX - Dividend Comparison
EIXIX's dividend yield for the trailing twelve months is around 4.18%, more than FPFIX's 3.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EIXIX Catalyst Enhanced Income Strategy Fund | 4.18% | 7.24% | 9.31% | 8.57% | 6.68% | 7.11% | 5.65% | 4.00% |
FPFIX FPA Flexible Fixed Income Fund | 3.74% | 3.78% | 4.76% | 3.95% | 2.92% | 2.26% | 3.00% | 2.42% |
Frequently Asked Questions
EIXIX and FPFIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EIXIX has higher volatility (3.37%) compared to FPFIX (0.79%). In terms of maximum drawdown, EIXIX dropped -24.46% vs FPFIX's -4.11%.
FPFIX currently has the higher Sharpe Ratio (1.30 vs -2.23), 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.
Find the right allocation for EIXIX and FPFIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer