GTEYX vs. SHIIX
GTEYX (Gateway Fund Class Y Shares) and SHIIX (Catalyst Buffered Shield Fund) are both Options Trading funds. Over the past 10 years, GTEYX returned 6.92%/yr vs 7.22%/yr for SHIIX. Their correlation of 0.81 means they have usually moved in the same direction. GTEYX charges 0.70%/yr vs 1.23%/yr for SHIIX.
Performance
GTEYX vs. SHIIX - Performance Comparison
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Returns By Period
In the year-to-date period, GTEYX achieves a 4.62% return, which is significantly lower than SHIIX's 5.06% return. Both investments have delivered pretty close results over the past 10 years, with GTEYX having a 6.92% annualized return and SHIIX not far ahead at 7.22%.
GTEYX
- 1D
- 0.53%
- 1M
- -0.02%
- 6M
- 3.18%
- YTD
- 4.62%
- 1Y
- 10.73%
- 3Y*
- 10.83%
- 5Y*
- 6.86%
- 10Y*
- 6.92%
- ALL TIME*
- 5.88%
SHIIX
- 1D
- 0.26%
- 1M
- 0.18%
- 6M
- 4.10%
- YTD
- 5.06%
- 1Y
- 10.79%
- 3Y*
- 11.45%
- 5Y*
- 5.02%
- 10Y*
- 7.22%
- ALL TIME*
- 7.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GTEYX vs. SHIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GTEYX Gateway Fund Class Y Shares | 4.62% | 10.28% | 15.82% | 14.70% | -11.84% | 11.49% | 7.19% | 11.12% | -4.17% | 9.93% |
SHIIX Catalyst Buffered Shield Fund | 5.06% | 10.88% | 13.57% | 14.03% | -18.44% | 14.15% | 7.18% | 20.24% | -5.58% | 14.17% |
Correlation
The correlation between GTEYX and SHIIX is 0.74, 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. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.81 |
The correlation between GTEYX and SHIIX has been stable across timeframes, ranging from 0.72 to 0.81 - a consistent structural relationship.
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Return for Risk
GTEYX vs. SHIIX — Risk / Return Rank
GTEYX
SHIIX
GTEYX vs. SHIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gateway Fund Class Y Shares (GTEYX) and Catalyst Buffered Shield Fund (SHIIX). 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.
| GTEYX | SHIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 2.37 | -0.27 |
| Martin ratioReturn relative to average drawdown | 9.53 | 12.88 | -3.35 |
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Drawdowns
GTEYX vs. SHIIX - Drawdown Comparison
The maximum GTEYX drawdown since its inception was -16.58%, smaller than the maximum SHIIX drawdown of -20.20%. Use the drawdown chart below to compare losses from any high point for GTEYX and SHIIX.
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Drawdown Indicators
| GTEYX | SHIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.58% | -20.20% | +3.62% |
Max Drawdown (1Y)Largest decline over 1 year | -5.98% | -4.27% | -1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -11.48% | -11.36% | -0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -16.25% | -20.20% | +3.95% |
Max Drawdown (10Y)Largest decline over 10 years | -16.25% | -20.20% | +3.95% |
Current DrawdownCurrent decline from peak | -0.84% | -0.26% | -0.58% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -4.06% | +2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 0.78% | +0.45% |
Volatility
GTEYX vs. SHIIX - Volatility Comparison
Gateway Fund Class Y Shares (GTEYX) has a higher volatility of 2.31% compared to Catalyst Buffered Shield Fund (SHIIX) at 1.84%. This indicates that GTEYX's price experiences larger fluctuations and is considered to be riskier than SHIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTEYX | SHIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.31% | 1.84% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 5.96% | 4.70% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.83% | 5.57% | +2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.66% | 8.57% | +1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.93% | 8.49% | +0.44% |
GTEYX vs. SHIIX - Expense Ratio Comparison
GTEYX has a 0.70% expense ratio, which is lower than SHIIX's 1.23% expense ratio.
Dividends
GTEYX vs. SHIIX - Dividend Comparison
GTEYX's dividend yield for the trailing twelve months is around 0.30%, less than SHIIX's 2.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTEYX Gateway Fund Class Y Shares | 0.30% | 0.39% | 0.65% | 0.90% | 0.89% | 0.66% | 1.06% | 1.32% | 1.41% | 1.24% | 1.60% | 2.09% |
SHIIX Catalyst Buffered Shield Fund | 2.87% | 3.02% | 2.94% | 2.52% | 0.68% | 16.99% | 2.01% | 6.13% | 10.13% | 14.66% | 0.79% | 0.00% |
Frequently Asked Questions
GTEYX and SHIIX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GTEYX has higher volatility (2.31%) compared to SHIIX (1.84%). In terms of maximum drawdown, GTEYX dropped -16.58% vs SHIIX's -20.20%.
SHIIX currently has the higher Sharpe Ratio (1.82 vs 1.61), 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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