HIIFX vs. EIXIX
HIIFX (Catalyst/SMH High Income Fund) and EIXIX (Catalyst Enhanced Income Strategy Fund) are both mutual funds - HIIFX is a High Yield Bonds fund managed by Catalyst Mutual Funds, while EIXIX is a Nontraditional Bonds fund managed by Catalyst Mutual Funds. Over the past 5 years, HIIFX returned 5.37%/yr vs -4.70%/yr for EIXIX. Their 0.14 correlation means their historical movements had little consistent relationship. HIIFX charges 1.49%/yr vs 1.50%/yr for EIXIX.
Performance
HIIFX vs. EIXIX - Performance Comparison
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Returns By Period
In the year-to-date period, HIIFX achieves a 2.92% return, which is significantly higher than EIXIX's -7.35% return.
HIIFX
- 1D
- 0.40%
- 1M
- -1.31%
- 6M
- 2.00%
- YTD
- 2.92%
- 1Y
- 13.42%
- 3Y*
- 11.30%
- 5Y*
- 5.37%
- 10Y*
- 7.06%
- ALL TIME*
- 1.53%
EIXIX
- 1D
- -0.21%
- 1M
- 1.41%
- 6M
- -6.65%
- YTD
- -7.35%
- 1Y
- -13.47%
- 3Y*
- -5.49%
- 5Y*
- -4.70%
- 10Y*
- —
- ALL TIME*
- -0.01%
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 |
HIIFX vs. EIXIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HIIFX Catalyst/SMH High Income Fund | 2.92% | 15.31% | 8.33% | 16.44% | -13.48% | 8.03% | 10.00% | 6.35% |
EIXIX Catalyst Enhanced Income Strategy Fund | -7.35% | -8.86% | 0.88% | -2.09% | -6.82% | 4.55% | 6.18% | 15.84% |
Correlation
The correlation between HIIFX and EIXIX is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 9, 2019 | 0.14 |
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Return for Risk
HIIFX vs. EIXIX — Risk / Return Rank
HIIFX
EIXIX
HIIFX vs. EIXIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst/SMH High Income Fund (HIIFX) and Catalyst Enhanced Income Strategy Fund (EIXIX). 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.
| HIIFX | EIXIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.33 | ||
| Sortino ratioReturn per unit of downside risk | +4.73 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.74 | +0.60 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | -0.75 | +3.21 |
| Martin ratioReturn relative to average drawdown | 8.10 | -1.52 | +9.62 |
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Drawdowns
HIIFX vs. EIXIX - Drawdown Comparison
The maximum HIIFX drawdown since its inception was -51.29%, which is greater than EIXIX's maximum drawdown of -24.46%. Use the drawdown chart below to compare losses from any high point for HIIFX and EIXIX.
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Drawdown Indicators
| HIIFX | EIXIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.29% | -24.46% | -26.83% |
Max Drawdown (1Y)Largest decline over 1 year | -4.89% | -16.22% | +11.33% |
Max Drawdown (3Y)Largest decline over 3 years | -8.46% | -19.95% | +11.49% |
Max Drawdown (5Y)Largest decline over 5 years | -18.58% | -24.46% | +5.88% |
Max Drawdown (10Y)Largest decline over 10 years | -18.58% | — | — |
Current DrawdownCurrent decline from peak | -1.55% | -22.64% | +21.09% |
Average DrawdownAverage peak-to-trough decline | -15.14% | -5.73% | -9.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 8.04% | -6.56% |
Volatility
HIIFX vs. EIXIX - Volatility Comparison
The current volatility for Catalyst/SMH High Income Fund (HIIFX) is 1.64%, while Catalyst Enhanced Income Strategy Fund (EIXIX) has a volatility of 3.73%. This indicates that HIIFX experiences smaller price fluctuations and is considered to be less risky than EIXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIIFX | EIXIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 3.73% | -2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 4.54% | 6.69% | -2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.65% | 7.99% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.53% | 4.88% | +1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.93% | 4.98% | +0.95% |
HIIFX vs. EIXIX - Expense Ratio Comparison
HIIFX has a 1.49% expense ratio, which is lower than EIXIX's 1.50% expense ratio.
Dividends
HIIFX vs. EIXIX - Dividend Comparison
HIIFX's dividend yield for the trailing twelve months is around 5.93%, more than EIXIX's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIXIX Catalyst Enhanced Income Strategy Fund | 3.99% | 7.24% | 9.31% | 8.57% | 6.68% | 7.11% | 5.65% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HIIFX Catalyst/SMH High Income Fund | 5.93% | 4.65% | 6.03% | 6.55% | 6.64% | 4.03% | 5.00% | 5.37% | 5.61% | 5.50% | 6.81% | 12.14% |
Frequently Asked Questions
HIIFX and EIXIX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EIXIX has higher volatility (3.73%) compared to HIIFX (1.64%). In terms of maximum drawdown, HIIFX dropped -51.29% vs EIXIX's -24.46%.
HIIFX currently has the higher Sharpe Ratio (1.80 vs -1.53), 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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