INSAX vs. CLTAX

Last updated Jun 23, 2026

INSAX (Catalyst Insider Buying Fund) and CLTAX (Catalyst/Lyons Tactical Allocation Fund) are both mutual funds - INSAX is a Large Cap Growth Equities fund managed by Catalyst Mutual Funds, while CLTAX is a Tactical Allocation fund managed by Catalyst Mutual Funds. Over the past 10 years, INSAX returned 7.93%/yr vs 7.83%/yr for CLTAX. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 1.53% expense ratio.

Performance

INSAX vs. CLTAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst Insider Buying Fund (INSAX) and Catalyst/Lyons Tactical Allocation Fund (CLTAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INSAX achieves a 16.86% return, which is significantly higher than CLTAX's 12.56% return. Both investments have delivered pretty close results over the past 10 years, with INSAX having a 7.93% annualized return and CLTAX not far behind at 7.83%.

INSAX

• 1D: 1.58%
• 1M: 8.37%
• YTD: 16.86%
• 6M: 14.67%
• 1Y: 24.60%
• 3Y*: 25.07%
• 5Y*: 3.85%
• 10Y*: 7.93%

CLTAX

• 1D: 1.19%
• 1M: 3.12%
• YTD: 12.56%
• 6M: 10.81%
• 1Y: 26.72%
• 3Y*: 13.02%
• 5Y*: 4.09%
• 10Y*: 7.83%

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

INSAX vs. CLTAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
INSAX Catalyst Insider Buying Fund	16.86%	15.39%	23.86%	31.44%	-32.65%	-17.65%	14.36%	23.91%	-2.91%	17.03%
CLTAX Catalyst/Lyons Tactical Allocation Fund	12.56%	15.26%	3.51%	10.16%	-24.36%	17.82%	27.88%	2.80%	-4.99%	16.74%

Correlation

The correlation between INSAX and CLTAX is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jul 2, 2012	0.63

The correlation between INSAX and CLTAX shifts across timeframes, from 0.56 (10 years) to 0.71 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

INSAX vs. CLTAX — Risk / Return Rank

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

INSAX

INSAX Risk / Return Rank: 12
INSAX Sharpe Ratio Rank: 11
INSAX Sortino Ratio Rank: 13
INSAX Omega Ratio Rank: 13
INSAX Calmar Ratio Rank: 11
INSAX Martin Ratio Rank: 9

CLTAX

CLTAX Risk / Return Rank: 42
CLTAX Sharpe Ratio Rank: 37
CLTAX Sortino Ratio Rank: 35
CLTAX Omega Ratio Rank: 34
CLTAX Calmar Ratio Rank: 45
CLTAX Martin Ratio Rank: 59

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.

INSAX vs. CLTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst Insider Buying Fund (INSAX) and Catalyst/Lyons Tactical Allocation Fund (CLTAX). 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.

	INSAX	CLTAX	Difference
Sharpe ratio: Return per unit of total volatility	0.86	1.64	-0.78
Sortino ratio: Return per unit of downside risk	1.39	2.28	-0.90
Omega ratio: Gain probability vs. loss probability	1.18	1.29	-0.11
Calmar ratio: Return relative to maximum drawdown	1.03	2.45	-1.41
Martin ratio: Return relative to average drawdown	2.55	11.06	-8.51

INSAX vs. CLTAX - Sharpe Ratio Comparison

The current INSAX Sharpe Ratio is 0.86, which is lower than the CLTAX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of INSAX and CLTAX, 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

INSAX vs. CLTAX - Drawdown Comparison

The maximum INSAX drawdown since its inception was -59.24%, which is greater than CLTAX's maximum drawdown of -28.93%. Use the drawdown chart below to compare losses from any high point for INSAX and CLTAX.

Drawdown Indicators

	INSAX	CLTAX	Difference
Max Drawdown Largest peak-to-trough decline	-59.24%	-28.93%	-30.31%
Max Drawdown (1Y) Largest decline over 1 year	-23.44%	-10.91%	-12.53%
Max Drawdown (3Y) Largest decline over 3 years	-23.44%	-16.53%	-6.91%
Max Drawdown (5Y) Largest decline over 5 years	-57.26%	-26.92%	-30.34%
Max Drawdown (10Y) Largest decline over 10 years	-59.24%	-28.93%	-30.31%
Current Drawdown Current decline from peak	-1.40%	0.00%	-1.40%
Average Drawdown Average peak-to-trough decline	-13.80%	-8.00%	-5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.47%	2.41%	+7.06%

Volatility

INSAX vs. CLTAX - Volatility Comparison

Catalyst Insider Buying Fund (INSAX) has a higher volatility of 8.83% compared to Catalyst/Lyons Tactical Allocation Fund (CLTAX) at 4.90%. This indicates that INSAX's price experiences larger fluctuations and is considered to be riskier than CLTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INSAX	CLTAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.83%	4.90%	+3.93%
Volatility (6M) Calculated over the trailing 6-month period	23.27%	13.21%	+10.06%
Volatility (1Y) Calculated over the trailing 1-year period	28.17%	16.26%	+11.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.98%	14.77%	+15.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.26%	14.36%	+11.90%

INSAX vs. CLTAX - Expense Ratio Comparison

Both INSAX and CLTAX have an expense ratio of 1.53%.

Dividends

INSAX vs. CLTAX - Dividend Comparison

INSAX has not paid dividends to shareholders, while CLTAX's dividend yield for the trailing twelve months is around 8.94%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLTAX Catalyst/Lyons Tactical Allocation Fund	8.94%	10.06%	0.02%	1.02%	12.48%	0.55%	3.42%	12.17%	2.73%	2.81%	1.35%	6.33%
INSAX Catalyst Insider Buying Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INSAX and CLTAX in my portfolio?

INSAX and CLTAX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INSAX or CLTAX?

INSAX has higher volatility (8.83%) compared to CLTAX (4.90%). In terms of maximum drawdown, INSAX dropped -59.24% vs CLTAX's -28.93%.

Which has better risk-adjusted returns?

CLTAX currently has the higher Sharpe Ratio (1.64 vs 0.86), 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.