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MCN vs. HRSTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MCN vs. HRSTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in XAI Madison Equity Premium Income Fund (MCN) and Rational Tactical Return Fund (HRSTX). The values are adjusted to include any dividend payments, if applicable.

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MCN vs. HRSTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MCN
XAI Madison Equity Premium Income Fund
0.63%0.66%-1.52%7.02%6.32%29.92%15.25%19.99%-12.04%9.91%
HRSTX
Rational Tactical Return Fund
-0.55%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, MCN achieves a 0.63% return, which is significantly higher than HRSTX's -0.55% return. Over the past 10 years, MCN has underperformed HRSTX with an annualized return of 8.06%, while HRSTX has yielded a comparatively higher 17.29% annualized return.


MCN

1D
0.51%
1M
-3.42%
YTD
0.63%
6M
-0.28%
1Y
7.53%
3Y*
0.58%
5Y*
4.64%
10Y*
8.06%

HRSTX

1D
1.27%
1M
-0.68%
YTD
-0.55%
6M
0.39%
1Y
2.30%
3Y*
3.53%
5Y*
29.49%
10Y*
17.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MCN vs. HRSTX - Expense Ratio Comparison

MCN has a 0.02% expense ratio, which is lower than HRSTX's 1.99% expense ratio.


Return for Risk

MCN vs. HRSTX — Risk / Return Rank

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

MCN
MCN Risk / Return Rank: 1212
Overall Rank
MCN Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
MCN Sortino Ratio Rank: 1111
Sortino Ratio Rank
MCN Omega Ratio Rank: 1313
Omega Ratio Rank
MCN Calmar Ratio Rank: 1313
Calmar Ratio Rank
MCN Martin Ratio Rank: 1313
Martin Ratio Rank

HRSTX
HRSTX Risk / Return Rank: 4949
Overall Rank
HRSTX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
HRSTX Sortino Ratio Rank: 3232
Sortino Ratio Rank
HRSTX Omega Ratio Rank: 7878
Omega Ratio Rank
HRSTX Calmar Ratio Rank: 2929
Calmar Ratio Rank
HRSTX Martin Ratio Rank: 6969
Martin Ratio Rank
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.

MCN vs. HRSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for XAI Madison Equity Premium Income Fund (MCN) 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.


MCNHRSTXDifference

Sharpe ratio

Return per unit of total volatility

0.46

0.88

-0.43

Sortino ratio

Return per unit of downside risk

0.70

1.21

-0.51

Omega ratio

Gain probability vs. loss probability

1.11

1.32

-0.21

Calmar ratio

Return relative to maximum drawdown

0.56

0.95

-0.39

Martin ratio

Return relative to average drawdown

1.96

7.17

-5.21

MCN vs. HRSTX - Sharpe Ratio Comparison

The current MCN Sharpe Ratio is 0.46, which is lower than the HRSTX Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of MCN and HRSTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MCNHRSTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.46

0.88

-0.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

0.30

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.25

+0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.12

+0.16

Correlation

The correlation between MCN and HRSTX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

MCN vs. HRSTX - Dividend Comparison

MCN's dividend yield for the trailing twelve months is around 12.29%, more than HRSTX's 8.38% yield.


TTM20252024202320222021202020192018201720162015
MCN
XAI Madison Equity Premium Income Fund
12.29%12.00%10.73%9.56%9.29%8.98%10.67%10.86%11.69%9.33%9.35%9.76%
HRSTX
Rational Tactical Return Fund
8.38%6.72%4.47%5.60%2.24%3.75%2.10%3.36%1.33%5.55%13.80%4.82%

Drawdowns

MCN vs. HRSTX - Drawdown Comparison

The maximum MCN drawdown since its inception was -65.11%, smaller than the maximum HRSTX drawdown of -69.69%. Use the drawdown chart below to compare losses from any high point for MCN and HRSTX.


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Drawdown Indicators


MCNHRSTXDifference

Max Drawdown

Largest peak-to-trough decline

-65.11%

-69.69%

+4.58%

Max Drawdown (1Y)

Largest decline over 1 year

-13.54%

-2.42%

-11.12%

Max Drawdown (5Y)

Largest decline over 5 years

-24.47%

-2.42%

-22.05%

Max Drawdown (10Y)

Largest decline over 10 years

-38.79%

-15.82%

-22.97%

Current Drawdown

Current decline from peak

-5.91%

-0.87%

-5.04%

Average Drawdown

Average peak-to-trough decline

-9.60%

-27.86%

+18.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.92%

0.32%

+3.60%

Volatility

MCN vs. HRSTX - Volatility Comparison

XAI Madison Equity Premium Income Fund (MCN) has a higher volatility of 3.95% compared to Rational Tactical Return Fund (HRSTX) at 2.52%. This indicates that MCN'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


MCNHRSTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.95%

2.52%

+1.43%

Volatility (6M)

Calculated over the trailing 6-month period

8.73%

2.60%

+6.13%

Volatility (1Y)

Calculated over the trailing 1-year period

16.57%

2.68%

+13.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.31%

97.90%

-79.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.85%

69.54%

-50.69%