GATEX vs. BPRLX

Last updated Jun 4, 2026

GATEX (Gateway Fund) and BPRLX (Beacon Planned Return Strategy Fund) are both Options Trading funds. Over the past 5 years, GATEX returned 7.12%/yr vs 12.19%/yr for BPRLX. Their correlation of 0.86 suggests significant overlap in exposure. GATEX charges 0.93%/yr vs 1.19%/yr for BPRLX.

Performance

GATEX vs. BPRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gateway Fund (GATEX) and Beacon Planned Return Strategy Fund (BPRLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GATEX achieves a 4.80% return, which is significantly lower than BPRLX's 5.08% return.

GATEX

• 1D: 0.13%
• 1M: 2.39%
• YTD: 4.80%
• 6M: 5.02%
• 1Y: 14.55%
• 3Y*: 11.75%
• 5Y*: 7.12%
• 10Y*: 6.80%

BPRLX

• 1D: 0.00%
• 1M: 1.67%
• YTD: 5.08%
• 6M: 5.70%
• 1Y: 13.20%
• 3Y*: 18.50%
• 5Y*: 12.19%
• 10Y*: —

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

GATEX vs. BPRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GATEX Gateway Fund	4.80%	10.07%	15.55%	14.43%	-12.06%	11.24%	6.92%	10.84%	-4.39%	1.67%
BPRLX Beacon Planned Return Strategy Fund	5.08%	11.18%	31.86%	19.10%	-7.52%	9.62%	9.48%	18.01%	-2.47%	2.13%

Correlation

The correlation between GATEX and BPRLX is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Oct 16, 2017	0.86

The correlation between GATEX and BPRLX shifts across timeframes, from 0.72 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GATEX vs. BPRLX — Risk / Return Rank

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

GATEX

GATEX Risk / Return Rank: 75
GATEX Sharpe Ratio Rank: 78
GATEX Sortino Ratio Rank: 80
GATEX Omega Ratio Rank: 78
GATEX Calmar Ratio Rank: 62
GATEX Martin Ratio Rank: 75

BPRLX

BPRLX Risk / Return Rank: 83
BPRLX Sharpe Ratio Rank: 81
BPRLX Sortino Ratio Rank: 84
BPRLX Omega Ratio Rank: 87
BPRLX Calmar Ratio Rank: 72
BPRLX Martin Ratio Rank: 93

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.

GATEX vs. BPRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gateway Fund (GATEX) and Beacon Planned Return Strategy Fund (BPRLX). 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.

	GATEX	BPRLX	Difference
Sharpe ratio: Return per unit of total volatility	2.56	2.65	-0.08
Sortino ratio: Return per unit of downside risk	3.79	4.01	-0.22
Omega ratio: Gain probability vs. loss probability	1.51	1.61	-0.10
Calmar ratio: Return relative to maximum drawdown	3.02	3.29	-0.28
Martin ratio: Return relative to average drawdown	14.22	20.03	-5.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GATEX vs. BPRLX - Sharpe Ratio Comparison

The current GATEX Sharpe Ratio is 2.56, which is comparable to the BPRLX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of GATEX and BPRLX, 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

	GATEX	BPRLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	2.65	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.77	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.71	-0.18

Drawdowns

GATEX vs. BPRLX - Drawdown Comparison

The maximum GATEX drawdown since its inception was -29.74%, which is greater than BPRLX's maximum drawdown of -24.28%. Use the drawdown chart below to compare losses from any high point for GATEX and BPRLX.

Drawdown Indicators

	GATEX	BPRLX	Difference
Max Drawdown Largest peak-to-trough decline	-29.74%	-24.28%	-5.46%
Max Drawdown (1Y) Largest decline over 1 year	-6.01%	-4.12%	-1.89%
Max Drawdown (3Y) Largest decline over 3 years	-11.52%	-11.63%	+0.11%
Max Drawdown (5Y) Largest decline over 5 years	-16.39%	-24.28%	+7.89%
Max Drawdown (10Y) Largest decline over 10 years	-16.39%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.90%	-4.11%	+0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	0.68%	+0.84%

Volatility

GATEX vs. BPRLX - Volatility Comparison

Gateway Fund (GATEX) has a higher volatility of 1.05% compared to Beacon Planned Return Strategy Fund (BPRLX) at 0.69%. This indicates that GATEX's price experiences larger fluctuations and is considered to be riskier than BPRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GATEX	BPRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.05%	0.69%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	5.87%	4.28%	+1.59%
Volatility (1Y) Calculated over the trailing 1-year period	7.08%	5.14%	+1.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.56%	15.96%	-6.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.89%	15.06%	-6.17%

GATEX vs. BPRLX - Expense Ratio Comparison

GATEX has a 0.93% expense ratio, which is lower than BPRLX's 1.19% expense ratio.

Dividends

GATEX vs. BPRLX - Dividend Comparison

GATEX's dividend yield for the trailing twelve months is around 0.18%, less than BPRLX's 11.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPRLX Beacon Planned Return Strategy Fund	11.94%	12.54%	32.86%	5.82%	0.00%	14.20%	5.09%	6.68%	8.70%	0.32%	0.00%	0.00%
GATEX Gateway Fund	0.18%	0.22%	0.42%	0.67%	0.63%	0.43%	0.83%	1.09%	1.15%	1.01%	1.36%	1.84%

Frequently Asked Questions

Can I hold both GATEX and BPRLX in my portfolio?

GATEX and BPRLX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GATEX or BPRLX?

GATEX has higher volatility (1.05%) compared to BPRLX (0.69%). In terms of maximum drawdown, GATEX dropped -29.74% vs BPRLX's -24.28%.

Which has better risk-adjusted returns?

BPRLX currently has the higher Sharpe Ratio (2.65 vs 2.56), 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.