EIXIX vs. GMODX
EIXIX (Catalyst Enhanced Income Strategy Fund) and GMODX (GMO Opportunistic Income Fund) are both Nontraditional Bonds funds. Over the past 5 years, EIXIX returned -4.32%/yr vs 3.82%/yr for GMODX. A 0.57 correlation means they provide meaningful diversification when combined. EIXIX charges 1.50%/yr vs 0.47%/yr for GMODX.
Performance
EIXIX vs. GMODX - Performance Comparison
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Returns By Period
In the year-to-date period, EIXIX achieves a -5.86% return, which is significantly lower than GMODX's 1.10% return.
EIXIX
- 1D
- -0.63%
- 1M
- -0.96%
- YTD
- -5.86%
- 6M
- -5.55%
- 1Y
- -13.03%
- 3Y*
- -5.12%
- 5Y*
- -4.32%
- 10Y*
- —
GMODX
- 1D
- -0.08%
- 1M
- 0.24%
- YTD
- 1.10%
- 6M
- 1.24%
- 1Y
- 4.19%
- 3Y*
- 5.79%
- 5Y*
- 3.82%
- 10Y*
- 4.24%
EIXIX vs. GMODX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EIXIX Catalyst Enhanced Income Strategy Fund | -5.86% | -8.86% | 0.88% | -2.09% | -6.82% | 4.55% | 6.18% | 15.84% |
GMODX GMO Opportunistic Income Fund | 1.10% | 6.47% | 6.11% | 7.07% | -2.09% | 2.83% | 3.34% | 4.11% |
Correlation
The correlation between EIXIX and GMODX is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
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 | 0.57 |
Over the past year, EIXIX and GMODX have become more correlated (0.79) than their long-term average of 0.57, meaning their price movements have been converging.
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Return for Risk
EIXIX vs. GMODX — Risk / Return Rank
EIXIX
GMODX
EIXIX vs. GMODX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Enhanced Income Strategy Fund (EIXIX) and GMO Opportunistic Income Fund (GMODX). 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 | GMODX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.15 | ||
| Sortino ratioReturn per unit of downside risk | -8.25 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.71 | -1.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 6.70 | -7.61 |
| Martin ratioReturn relative to average drawdown | -1.68 | 28.07 | -29.76 |
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Drawdowns
EIXIX vs. GMODX - Drawdown Comparison
The maximum EIXIX drawdown since its inception was -21.39%, which is greater than GMODX's maximum drawdown of -8.79%. Use the drawdown chart below to compare losses from any high point for EIXIX and GMODX.
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Drawdown Indicators
| EIXIX | GMODX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.39% | -8.79% | -12.60% |
Max Drawdown (1Y)Largest decline over 1 year | -13.76% | -0.65% | -13.11% |
Max Drawdown (3Y)Largest decline over 3 years | -16.70% | -4.97% | -11.73% |
Max Drawdown (5Y)Largest decline over 5 years | -21.39% | -5.79% | -15.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.79% | — |
Current DrawdownCurrent decline from peak | -21.39% | -0.21% | -21.18% |
Average DrawdownAverage peak-to-trough decline | -5.48% | -0.70% | -4.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.41% | 0.16% | +7.25% |
Volatility
EIXIX vs. GMODX - Volatility Comparison
Catalyst Enhanced Income Strategy Fund (EIXIX) has a higher volatility of 1.82% compared to GMO Opportunistic Income Fund (GMODX) at 0.42%. This indicates that EIXIX's price experiences larger fluctuations and is considered to be riskier than GMODX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIXIX | GMODX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 0.42% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 4.86% | 0.95% | +3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.78% | 1.33% | +5.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.40% | 3.83% | +0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.70% | 3.04% | +1.66% |
EIXIX vs. GMODX - Expense Ratio Comparison
EIXIX has a 1.50% expense ratio, which is higher than GMODX's 0.47% expense ratio.
Dividends
EIXIX vs. GMODX - Dividend Comparison
EIXIX's dividend yield for the trailing twelve months is around 5.14%, more than GMODX's 5.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIXIX Catalyst Enhanced Income Strategy Fund | 5.14% | 7.24% | 9.31% | 8.57% | 6.68% | 7.11% | 5.65% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GMODX GMO Opportunistic Income Fund | 5.01% | 4.99% | 5.28% | 6.17% | 5.44% | 2.10% | 4.15% | 5.69% | 4.35% | 2.66% | 2.55% | 1.71% |
Frequently Asked Questions
EIXIX and GMODX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EIXIX has higher volatility (1.82%) compared to GMODX (0.42%). In terms of maximum drawdown, EIXIX dropped -21.39% vs GMODX's -8.79%.
GMODX currently has the higher Sharpe Ratio (3.30 vs -1.85), 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.
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