HIIFX vs. MBXIX
Compare and contrast key facts about Catalyst/SMH High Income Fund (HIIFX) and Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX).
HIIFX is managed by Catalyst Mutual Funds. It was launched on May 21, 2008. MBXIX is managed by Catalyst Mutual Funds. It was launched on Dec 31, 1996.
Performance
HIIFX vs. MBXIX - Performance Comparison
Loading graphics...
HIIFX vs. MBXIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIIFX Catalyst/SMH High Income Fund | -3.01% | 15.31% | 8.33% | 16.44% | -13.48% | 8.03% | 10.00% | 8.36% | -1.46% | 9.58% |
MBXIX Catalyst/Millburn Hedge Strategy Fund Class I | 8.00% | 4.35% | 13.49% | -0.67% | 7.72% | 16.89% | -0.45% | 13.83% | -2.16% | 13.99% |
Returns By Period
In the year-to-date period, HIIFX achieves a -3.01% return, which is significantly lower than MBXIX's 8.00% return. Both investments have delivered pretty close results over the past 10 years, with HIIFX having a 8.16% annualized return and MBXIX not far ahead at 8.26%.
HIIFX
- 1D
- -0.17%
- 1M
- -2.17%
- YTD
- -3.01%
- 6M
- -1.93%
- 1Y
- 14.54%
- 3Y*
- 11.13%
- 5Y*
- 4.87%
- 10Y*
- 8.16%
MBXIX
- 1D
- -0.52%
- 1M
- 1.48%
- YTD
- 8.00%
- 6M
- 9.98%
- 1Y
- 14.74%
- 3Y*
- 9.95%
- 5Y*
- 8.29%
- 10Y*
- 8.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HIIFX vs. MBXIX - Expense Ratio Comparison
HIIFX has a 1.49% expense ratio, which is lower than MBXIX's 2.04% expense ratio.
Return for Risk
HIIFX vs. MBXIX — Risk / Return Rank
HIIFX
MBXIX
HIIFX vs. MBXIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst/SMH High Income Fund (HIIFX) and Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX). 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.
| HIIFX | MBXIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.79 | 1.33 | +0.45 |
Sortino ratioReturn per unit of downside risk | 2.46 | 1.78 | +0.68 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.52 | 1.25 | +1.26 |
Martin ratioReturn relative to average drawdown | 7.27 | 5.92 | +1.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HIIFX | MBXIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 1.33 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.71 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.37 | 0.62 | +0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.66 | -0.49 |
Correlation
The correlation between HIIFX and MBXIX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HIIFX vs. MBXIX - Dividend Comparison
HIIFX's dividend yield for the trailing twelve months is around 5.54%, while MBXIX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIIFX Catalyst/SMH High Income Fund | 5.54% | 4.65% | 6.03% | 6.55% | 6.64% | 4.03% | 5.00% | 5.37% | 5.61% | 5.50% | 6.81% | 12.14% |
MBXIX Catalyst/Millburn Hedge Strategy Fund Class I | 0.00% | 0.00% | 2.63% | 2.25% | 7.74% | 0.00% | 4.27% | 5.18% | 3.33% | 3.33% | 1.91% | 0.00% |
Drawdowns
HIIFX vs. MBXIX - Drawdown Comparison
The maximum HIIFX drawdown since its inception was -51.29%, which is greater than MBXIX's maximum drawdown of -31.73%. Use the drawdown chart below to compare losses from any high point for HIIFX and MBXIX.
Loading graphics...
Drawdown Indicators
| HIIFX | MBXIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.29% | -31.73% | -19.56% |
Max Drawdown (1Y)Largest decline over 1 year | -5.26% | -11.28% | +6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -18.58% | -15.59% | -2.99% |
Max Drawdown (10Y)Largest decline over 10 years | -18.58% | -31.73% | +13.15% |
Current DrawdownCurrent decline from peak | -4.89% | -1.64% | -3.25% |
Average DrawdownAverage peak-to-trough decline | -15.41% | -4.06% | -11.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.39% | -0.57% |
Volatility
HIIFX vs. MBXIX - Volatility Comparison
Catalyst/SMH High Income Fund (HIIFX) and Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) have volatilities of 2.33% and 2.37%, 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.
Loading graphics...
Volatility by Period
| HIIFX | MBXIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 2.37% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 4.82% | 5.27% | -0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.02% | 11.80% | -3.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.42% | 11.76% | -5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.00% | 13.45% | -7.45% |