IOFIX vs. EQTIX
Compare and contrast key facts about AlphaCentric Income Opportunities Fund (IOFIX) and Shelton Equity Income Fund (EQTIX).
IOFIX is managed by AlphaCentric Funds. It was launched on May 27, 2015. EQTIX is managed by Shelton Capital Management. It was launched on Sep 3, 1996.
Performance
IOFIX vs. EQTIX - Performance Comparison
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IOFIX vs. EQTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOFIX AlphaCentric Income Opportunities Fund | 0.27% | 8.34% | -0.35% | -5.52% | -21.68% | 14.92% | -10.56% | 11.93% | 4.45% | 14.04% |
EQTIX Shelton Equity Income Fund | -5.60% | 8.84% | 17.18% | 17.17% | -10.28% | 23.76% | 6.87% | 17.66% | -10.00% | 13.57% |
Returns By Period
In the year-to-date period, IOFIX achieves a 0.27% return, which is significantly higher than EQTIX's -5.60% return. Over the past 10 years, IOFIX has underperformed EQTIX with an annualized return of 1.84%, while EQTIX has yielded a comparatively higher 8.25% annualized return.
IOFIX
- 1D
- 0.28%
- 1M
- -0.81%
- YTD
- 0.27%
- 6M
- 1.75%
- 1Y
- 7.46%
- 3Y*
- 1.60%
- 5Y*
- -2.70%
- 10Y*
- 1.84%
EQTIX
- 1D
- -0.06%
- 1M
- -5.82%
- YTD
- -5.60%
- 6M
- -3.75%
- 1Y
- 7.47%
- 3Y*
- 10.56%
- 5Y*
- 7.40%
- 10Y*
- 8.25%
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IOFIX vs. EQTIX - Expense Ratio Comparison
IOFIX has a 1.65% expense ratio, which is higher than EQTIX's 0.72% expense ratio.
Return for Risk
IOFIX vs. EQTIX — Risk / Return Rank
IOFIX
EQTIX
IOFIX vs. EQTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Income Opportunities Fund (IOFIX) and Shelton Equity Income Fund (EQTIX). 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.
| IOFIX | EQTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 0.53 | +1.15 |
Sortino ratioReturn per unit of downside risk | 2.58 | 0.86 | +1.73 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.13 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 2.04 | 0.65 | +1.39 |
Martin ratioReturn relative to average drawdown | 6.57 | 3.10 | +3.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IOFIX | EQTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 0.53 | +1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.57 | 0.57 | -1.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.58 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.44 | -0.24 |
Correlation
The correlation between IOFIX and EQTIX is 0.07, 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
IOFIX vs. EQTIX - Dividend Comparison
IOFIX's dividend yield for the trailing twelve months is around 8.26%, more than EQTIX's 7.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IOFIX AlphaCentric Income Opportunities Fund | 8.26% | 7.44% | 8.16% | 7.52% | 5.51% | 3.94% | 4.76% | 4.70% | 5.06% | 4.83% | 4.97% | 0.00% |
EQTIX Shelton Equity Income Fund | 7.24% | 7.62% | 9.51% | 9.25% | 9.83% | 11.98% | 24.62% | 4.89% | 23.96% | 14.65% | 16.02% | 3.33% |
Drawdowns
IOFIX vs. EQTIX - Drawdown Comparison
The maximum IOFIX drawdown since its inception was -45.49%, smaller than the maximum EQTIX drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for IOFIX and EQTIX.
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Drawdown Indicators
| IOFIX | EQTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.49% | -53.77% | +8.28% |
Max Drawdown (1Y)Largest decline over 1 year | -3.80% | -10.43% | +6.63% |
Max Drawdown (5Y)Largest decline over 5 years | -30.50% | -19.03% | -11.47% |
Max Drawdown (10Y)Largest decline over 10 years | -45.49% | -29.85% | -15.64% |
Current DrawdownCurrent decline from peak | -20.25% | -7.16% | -13.09% |
Average DrawdownAverage peak-to-trough decline | -11.62% | -7.21% | -4.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 2.19% | -1.01% |
Volatility
IOFIX vs. EQTIX - Volatility Comparison
The current volatility for AlphaCentric Income Opportunities Fund (IOFIX) is 1.70%, while Shelton Equity Income Fund (EQTIX) has a volatility of 3.45%. This indicates that IOFIX experiences smaller price fluctuations and is considered to be less risky than EQTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IOFIX | EQTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.70% | 3.45% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.78% | 7.52% | -4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.82% | 14.71% | -9.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.73% | 13.12% | -8.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.26% | 14.31% | -5.05% |