PortfoliosLab logo
MBXAX vs. ATRFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MBXAX and ATRFX is 0.14, 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.


-0.50.00.51.00.1

Performance

MBXAX vs. ATRFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst/Millburn Hedge Strategy Fund (MBXAX) and Catalyst Systematic Alpha Class I (ATRFX). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%AugustSeptemberOctoberNovemberDecember2025
4.02%
-13.34%
MBXAX
ATRFX

Key characteristics

Sharpe Ratio

MBXAX:

1.39

ATRFX:

-0.30

Sortino Ratio

MBXAX:

1.93

ATRFX:

-0.26

Omega Ratio

MBXAX:

1.26

ATRFX:

0.96

Calmar Ratio

MBXAX:

1.77

ATRFX:

-0.27

Martin Ratio

MBXAX:

4.60

ATRFX:

-0.51

Ulcer Index

MBXAX:

3.24%

ATRFX:

9.82%

Daily Std Dev

MBXAX:

10.74%

ATRFX:

17.06%

Max Drawdown

MBXAX:

-31.75%

ATRFX:

-25.03%

Current Drawdown

MBXAX:

-0.75%

ATRFX:

-17.82%

Returns By Period

In the year-to-date period, MBXAX achieves a 3.66% return, which is significantly higher than ATRFX's -0.94% return.


MBXAX

YTD

3.66%

1M

2.70%

6M

3.39%

1Y

14.73%

5Y*

6.34%

10Y*

N/A

ATRFX

YTD

-0.94%

1M

-1.23%

6M

-15.49%

1Y

-5.28%

5Y*

9.21%

10Y*

5.80%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MBXAX vs. ATRFX - Expense Ratio Comparison

MBXAX has a 2.18% expense ratio, which is higher than ATRFX's 1.77% expense ratio.


Expense ratio chart for MBXAX: current value at 2.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.18%
Expense ratio chart for ATRFX: current value at 1.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.77%

Risk-Adjusted Performance

MBXAX vs. ATRFX — Risk-Adjusted Performance Rank

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

MBXAX
The Risk-Adjusted Performance Rank of MBXAX is 7373
Overall Rank
The Sharpe Ratio Rank of MBXAX is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of MBXAX is 7373
Sortino Ratio Rank
The Omega Ratio Rank of MBXAX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of MBXAX is 8282
Calmar Ratio Rank
The Martin Ratio Rank of MBXAX is 5959
Martin Ratio Rank

ATRFX
The Risk-Adjusted Performance Rank of ATRFX is 33
Overall Rank
The Sharpe Ratio Rank of ATRFX is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of ATRFX is 33
Sortino Ratio Rank
The Omega Ratio Rank of ATRFX is 33
Omega Ratio Rank
The Calmar Ratio Rank of ATRFX is 11
Calmar Ratio Rank
The Martin Ratio Rank of ATRFX is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MBXAX vs. ATRFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst/Millburn Hedge Strategy Fund (MBXAX) and Catalyst Systematic Alpha Class I (ATRFX). 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.


The chart of Sharpe ratio for MBXAX, currently valued at 1.37, compared to the broader market-1.000.001.002.003.004.001.37-0.30
The chart of Sortino ratio for MBXAX, currently valued at 1.91, compared to the broader market0.002.004.006.008.0010.0012.001.91-0.26
The chart of Omega ratio for MBXAX, currently valued at 1.26, compared to the broader market1.002.003.004.001.260.96
The chart of Calmar ratio for MBXAX, currently valued at 1.75, compared to the broader market0.005.0010.0015.0020.001.75-0.27
The chart of Martin ratio for MBXAX, currently valued at 4.54, compared to the broader market0.0020.0040.0060.0080.004.54-0.51
MBXAX
ATRFX

The current MBXAX Sharpe Ratio is 1.39, which is higher than the ATRFX Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of MBXAX and ATRFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50AugustSeptemberOctoberNovemberDecember2025
1.37
-0.30
MBXAX
ATRFX

Dividends

MBXAX vs. ATRFX - Dividend Comparison

MBXAX's dividend yield for the trailing twelve months is around 1.61%, less than ATRFX's 12.01% yield.


TTM20242023202220212020201920182017201620152014
MBXAX
Catalyst/Millburn Hedge Strategy Fund
1.61%1.67%1.60%3.97%0.00%3.92%4.96%1.50%0.00%1.22%0.00%0.00%
ATRFX
Catalyst Systematic Alpha Class I
12.01%11.90%1.87%4.98%5.43%20.92%3.04%1.38%0.00%0.91%0.74%0.59%

Drawdowns

MBXAX vs. ATRFX - Drawdown Comparison

The maximum MBXAX drawdown since its inception was -31.75%, which is greater than ATRFX's maximum drawdown of -25.03%. Use the drawdown chart below to compare losses from any high point for MBXAX and ATRFX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-0.75%
-17.82%
MBXAX
ATRFX

Volatility

MBXAX vs. ATRFX - Volatility Comparison

The current volatility for Catalyst/Millburn Hedge Strategy Fund (MBXAX) is 2.61%, while Catalyst Systematic Alpha Class I (ATRFX) has a volatility of 4.80%. This indicates that MBXAX experiences smaller price fluctuations and is considered to be less risky than ATRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%AugustSeptemberOctoberNovemberDecember2025
2.61%
4.80%
MBXAX
ATRFX