MISEX vs. DHAMX
Compare and contrast key facts about Midas Magic (MISEX) and Centre American Select Equity Fund (DHAMX).
MISEX is managed by Midas. It was launched on Mar 20, 1986. DHAMX is managed by Centre Funds. It was launched on Dec 21, 2011.
Performance
MISEX vs. DHAMX - Performance Comparison
Loading graphics...
MISEX vs. DHAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MISEX Midas Magic | -10.54% | 29.83% | 26.58% | 32.71% | -23.29% | 38.28% | 13.69% | 33.49% | -11.36% | 17.90% |
DHAMX Centre American Select Equity Fund | 4.86% | 19.37% | 1.33% | 14.91% | -3.34% | 27.41% | 30.79% | 16.38% | -3.82% | 25.26% |
Returns By Period
In the year-to-date period, MISEX achieves a -10.54% return, which is significantly lower than DHAMX's 4.86% return. Over the past 10 years, MISEX has outperformed DHAMX with an annualized return of 13.74%, while DHAMX has yielded a comparatively lower 12.78% annualized return.
MISEX
- 1D
- -0.05%
- 1M
- -11.11%
- YTD
- -10.54%
- 6M
- -4.14%
- 1Y
- 19.29%
- 3Y*
- 23.12%
- 5Y*
- 12.22%
- 10Y*
- 13.74%
DHAMX
- 1D
- -1.20%
- 1M
- -8.07%
- YTD
- 4.86%
- 6M
- 13.32%
- 1Y
- 32.49%
- 3Y*
- 11.47%
- 5Y*
- 10.62%
- 10Y*
- 12.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MISEX vs. DHAMX - Expense Ratio Comparison
MISEX has a 2.95% expense ratio, which is higher than DHAMX's 1.46% expense ratio.
Return for Risk
MISEX vs. DHAMX — Risk / Return Rank
MISEX
DHAMX
MISEX vs. DHAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Midas Magic (MISEX) and Centre American Select Equity Fund (DHAMX). 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.
| MISEX | DHAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 1.69 | -0.75 |
Sortino ratioReturn per unit of downside risk | 1.49 | 2.37 | -0.89 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.33 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 2.65 | -1.68 |
Martin ratioReturn relative to average drawdown | 3.85 | 9.91 | -6.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MISEX | DHAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.69 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.61 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.74 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.80 | -0.51 |
Correlation
The correlation between MISEX and DHAMX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MISEX vs. DHAMX - Dividend Comparison
MISEX's dividend yield for the trailing twelve months is around 10.01%, less than DHAMX's 34.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MISEX Midas Magic | 10.01% | 8.95% | 2.03% | 2.17% | 5.23% | 6.96% | 2.81% | 4.69% | 4.49% | 2.79% | 23.93% | 23.05% |
DHAMX Centre American Select Equity Fund | 34.38% | 36.05% | 0.00% | 2.58% | 1.37% | 16.31% | 4.52% | 9.94% | 22.37% | 13.14% | 3.57% | 11.03% |
Drawdowns
MISEX vs. DHAMX - Drawdown Comparison
The maximum MISEX drawdown since its inception was -71.80%, which is greater than DHAMX's maximum drawdown of -28.47%. Use the drawdown chart below to compare losses from any high point for MISEX and DHAMX.
Loading graphics...
Drawdown Indicators
| MISEX | DHAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.80% | -28.47% | -43.33% |
Max Drawdown (1Y)Largest decline over 1 year | -16.98% | -11.65% | -5.33% |
Max Drawdown (5Y)Largest decline over 5 years | -31.37% | -28.47% | -2.90% |
Max Drawdown (10Y)Largest decline over 10 years | -43.11% | -28.47% | -14.64% |
Current DrawdownCurrent decline from peak | -16.98% | -9.84% | -7.14% |
Average DrawdownAverage peak-to-trough decline | -21.50% | -4.19% | -17.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 3.11% | +1.15% |
Volatility
MISEX vs. DHAMX - Volatility Comparison
Midas Magic (MISEX) has a higher volatility of 6.05% compared to Centre American Select Equity Fund (DHAMX) at 5.11%. This indicates that MISEX's price experiences larger fluctuations and is considered to be riskier than DHAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MISEX | DHAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 5.11% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 13.17% | 12.36% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.70% | 19.74% | +1.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 17.61% | +3.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.37% | 17.25% | +6.12% |