ETIDX vs. CATH

Last updated Aug 4, 2026

ETIDX (Eventide Dividend Opportunities Fund) and CATH (Global X S&P 500 Catholic Values ETF) are both funds - ETIDX is a Mid Cap Blend Equities fund managed by Eventide, while CATH is a S&P 500 fund tracking the S&P 500 Catholic Values Index. Over the past 5 years, ETIDX returned 7.96%/yr vs 11.75%/yr for CATH. Their correlation of 0.83 means they have usually moved in the same direction. ETIDX charges 0.95%/yr vs 0.29%/yr for CATH.

Performance

ETIDX vs. CATH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Dividend Opportunities Fund (ETIDX) and Global X S&P 500 Catholic Values ETF (CATH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETIDX achieves a 15.08% return, which is significantly higher than CATH's 10.15% return.

ETIDX

• 1D: 0.41%
• 1M: -2.19%
• 6M: 9.24%
• YTD: 15.08%
• 1Y: 17.01%
• 3Y*: 14.79%
• 5Y*: 7.96%
• 10Y*: —
• ALL TIME*: 11.37%

CATH

• 1D: 1.63%
• 1M: 2.07%
• 6M: 8.38%
• YTD: 10.15%
• 1Y: 20.18%
• 3Y*: 19.29%
• 5Y*: 11.75%
• 10Y*: 14.56%
• ALL TIME*: 14.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CATH Global X S&P 500 Catholic Values ETF	$3.86M	$3.47M	$4.03M
ETIDX Eventide Dividend Opportunities Fund	$0.00	$0.00	$0.00

ETIDX vs. CATH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ETIDX Eventide Dividend Opportunities Fund	15.08%	5.67%	16.56%	19.67%	-21.77%	31.98%	25.38%	27.07%	-10.37%	3.36%
CATH Global X S&P 500 Catholic Values ETF	10.15%	17.08%	23.34%	26.15%	-19.96%	28.87%	18.80%	30.64%	-5.80%	6.38%

Correlation

The correlation between ETIDX and CATH is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Oct 5, 2017	0.83

The correlation between ETIDX and CATH shifts across timeframes, from 0.71 (1 year) to 0.85 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ETIDX vs. CATH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ETIDX

ETIDX Risk / Return Rank: 38
ETIDX Sharpe Ratio Rank: 31
ETIDX Sortino Ratio Rank: 29
ETIDX Omega Ratio Rank: 28
ETIDX Calmar Ratio Rank: 61
ETIDX Martin Ratio Rank: 42

CATH

CATH Risk / Return Rank: 64
CATH Sharpe Ratio Rank: 65
CATH Sortino Ratio Rank: 63
CATH Omega Ratio Rank: 63
CATH Calmar Ratio Rank: 59
CATH Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ETIDX vs. CATH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Dividend Opportunities Fund (ETIDX) and Global X S&P 500 Catholic Values ETF (CATH). 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.

	ETIDX	CATH	Difference
Sharpe ratio: Return per unit of total volatility	1.09	1.56	-0.47
Sortino ratio: Return per unit of downside risk	1.56	2.16	-0.61
Omega ratio: Gain probability vs. loss probability	1.19	1.28	-0.09
Calmar ratio: Return relative to maximum drawdown	2.22	2.15	+0.06
Martin ratio: Return relative to average drawdown	6.42	8.88	-2.46

ETIDX vs. CATH - Sharpe Ratio Comparison

The current ETIDX Sharpe Ratio is 1.09, which is lower than the CATH Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of ETIDX and CATH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ETIDX vs. CATH - Drawdown Comparison

The maximum ETIDX drawdown since its inception was -34.12%, roughly equal to the maximum CATH drawdown of -33.95%. Use the drawdown chart below to compare losses from any high point for ETIDX and CATH.

Drawdown Indicators

	ETIDX	CATH	Difference
Max Drawdown Largest peak-to-trough decline	-34.12%	-33.95%	-0.17%
Max Drawdown (1Y) Largest decline over 1 year	-7.60%	-9.42%	+1.82%
Max Drawdown (3Y) Largest decline over 3 years	-20.51%	-19.34%	-1.17%
Max Drawdown (5Y) Largest decline over 5 years	-29.11%	-28.14%	-0.97%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.95%	—
Current Drawdown Current decline from peak	-5.40%	0.00%	-5.40%
Average Drawdown Average peak-to-trough decline	-7.01%	-5.14%	-1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	2.28%	+0.34%

Volatility

ETIDX vs. CATH - Volatility Comparison

Eventide Dividend Opportunities Fund (ETIDX) and Global X S&P 500 Catholic Values ETF (CATH) have volatilities of 3.85% and 3.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETIDX	CATH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	3.92%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	12.50%	10.20%	+2.30%
Volatility (1Y) Calculated over the trailing 1-year period	15.45%	13.02%	+2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.86%	18.00%	-0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.25%	18.62%	-0.37%

ETIDX vs. CATH - Expense Ratio Comparison

ETIDX has a 0.95% expense ratio, which is higher than CATH's 0.29% expense ratio.

Dividends

ETIDX vs. CATH - Dividend Comparison

ETIDX's dividend yield for the trailing twelve months is around 3.08%, more than CATH's 0.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CATH Global X S&P 500 Catholic Values ETF	0.76%	0.84%	0.95%	1.16%	1.34%	1.03%	1.23%	0.68%	2.01%	1.27%	0.50%
ETIDX Eventide Dividend Opportunities Fund	3.08%	3.58%	0.64%	0.67%	1.98%	2.78%	1.05%	1.99%	2.16%	1.41%	0.00%

Frequently Asked Questions

Can I hold both ETIDX and CATH in my portfolio?

ETIDX and CATH have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETIDX or CATH?

CATH has higher volatility (3.92%) compared to ETIDX (3.85%). In terms of maximum drawdown, ETIDX dropped -34.12% vs CATH's -33.95%.

Which has better risk-adjusted returns?

CATH currently has the higher Sharpe Ratio (1.56 vs 1.09), 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.