IPSAX vs. HRSTX
Compare and contrast key facts about IPS Strategic Capital Absolute Return Fund (IPSAX) and Rational Tactical Return Fund (HRSTX).
IPSAX is managed by WP Trust. It was launched on Apr 14, 2016. HRSTX is managed by Rational Funds. It was launched on Apr 30, 2007.
Performance
IPSAX vs. HRSTX - Performance Comparison
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IPSAX vs. HRSTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPSAX IPS Strategic Capital Absolute Return Fund | -9.12% | 9.13% | 16.99% | 16.10% | -16.02% | 18.27% | 3.11% | 14.20% | -5.36% | 13.56% |
HRSTX Rational Tactical Return Fund | -1.80% | 3.66% | 3.23% | 5.06% | 217.69% | 3.95% | 2.65% | 8.35% | 9.66% | 3.49% |
Returns By Period
In the year-to-date period, IPSAX achieves a -9.12% return, which is significantly lower than HRSTX's -1.80% return.
IPSAX
- 1D
- -0.22%
- 1M
- -8.57%
- YTD
- -9.12%
- 6M
- -9.28%
- 1Y
- 1.57%
- 3Y*
- 9.47%
- 5Y*
- 5.15%
- 10Y*
- —
HRSTX
- 1D
- 0.31%
- 1M
- -2.12%
- YTD
- -1.80%
- 6M
- -0.87%
- 1Y
- 1.07%
- 3Y*
- 3.09%
- 5Y*
- 29.21%
- 10Y*
- 17.14%
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IPSAX vs. HRSTX - Expense Ratio Comparison
IPSAX has a 1.50% expense ratio, which is lower than HRSTX's 1.99% expense ratio.
Return for Risk
IPSAX vs. HRSTX — Risk / Return Rank
IPSAX
HRSTX
IPSAX vs. HRSTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IPS Strategic Capital Absolute Return Fund (IPSAX) and Rational Tactical Return Fund (HRSTX). 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.
| IPSAX | HRSTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 0.43 | -0.29 |
Sortino ratioReturn per unit of downside risk | 0.29 | 0.53 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.14 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.05 | 0.42 | -0.37 |
Martin ratioReturn relative to average drawdown | 0.17 | 3.20 | -3.03 |
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
| IPSAX | HRSTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.43 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.30 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.25 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.12 | -0.11 |
Correlation
The correlation between IPSAX and HRSTX is 0.17, 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
IPSAX vs. HRSTX - Dividend Comparison
IPSAX's dividend yield for the trailing twelve months is around 16.29%, more than HRSTX's 8.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPSAX IPS Strategic Capital Absolute Return Fund | 16.29% | 14.81% | 13.88% | 0.00% | 12.04% | 5.18% | 0.46% | 9.23% | 0.00% | 9.16% | 0.69% | 0.00% |
HRSTX Rational Tactical Return Fund | 8.48% | 6.72% | 4.47% | 5.60% | 2.24% | 3.75% | 2.10% | 3.36% | 1.33% | 5.55% | 13.80% | 4.82% |
Drawdowns
IPSAX vs. HRSTX - Drawdown Comparison
The maximum IPSAX drawdown since its inception was -98.83%, which is greater than HRSTX's maximum drawdown of -69.69%. Use the drawdown chart below to compare losses from any high point for IPSAX and HRSTX.
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Drawdown Indicators
| IPSAX | HRSTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.83% | -69.69% | -29.14% |
Max Drawdown (1Y)Largest decline over 1 year | -12.09% | -2.42% | -9.67% |
Max Drawdown (5Y)Largest decline over 5 years | -98.83% | -2.42% | -96.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.82% | — |
Current DrawdownCurrent decline from peak | -98.73% | -2.12% | -96.61% |
Average DrawdownAverage peak-to-trough decline | -15.94% | -27.86% | +11.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 0.32% | +3.26% |
Volatility
IPSAX vs. HRSTX - Volatility Comparison
IPS Strategic Capital Absolute Return Fund (IPSAX) has a higher volatility of 3.14% compared to Rational Tactical Return Fund (HRSTX) at 2.12%. This indicates that IPSAX's price experiences larger fluctuations and is considered to be riskier than HRSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPSAX | HRSTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 2.12% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 2.26% | +5.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.95% | 2.37% | +10.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3,885.75% | 97.90% | +3,787.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2,754.10% | 69.53% | +2,684.57% |