PSECX vs. IPSHX

Last updated Aug 4, 2026

PSECX (1789 Growth and Income Fund) and IPSHX (Pinnacle Sherman Multi-Strategy Core Fund) are both mutual funds - PSECX is a Large Cap Value Equities fund managed by Pinnacle, while IPSHX is a Tactical Allocation fund managed by Pinnacle. Over the past 10 years, PSECX returned 7.36%/yr vs 6.77%/yr for IPSHX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. PSECX charges 2.02%/yr vs 1.24%/yr for IPSHX.

Performance

PSECX vs. IPSHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 1789 Growth and Income Fund (PSECX) and Pinnacle Sherman Multi-Strategy Core Fund (IPSHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSECX achieves a 5.88% return, which is significantly lower than IPSHX's 7.49% return. Over the past 10 years, PSECX has outperformed IPSHX with an annualized return of 7.36%, while IPSHX has yielded a comparatively lower 6.77% annualized return.

PSECX

• 1D: -0.45%
• 1M: 1.88%
• 6M: 2.05%
• YTD: 5.88%
• 1Y: 9.71%
• 3Y*: 10.90%
• 5Y*: 7.27%
• 10Y*: 7.36%
• ALL TIME*: 7.17%

IPSHX

• 1D: 0.47%
• 1M: -2.02%
• 6M: 0.27%
• YTD: 7.49%
• 1Y: 20.49%
• 3Y*: 9.61%
• 5Y*: 5.41%
• 10Y*: 6.77%
• ALL TIME*: 6.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IPSHX Pinnacle Sherman Multi-Strategy Core Fund	$0.00	$0.00	$0.00
PSECX 1789 Growth and Income Fund	$0.00	$0.00	$0.00

PSECX vs. IPSHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSECX 1789 Growth and Income Fund	5.88%	8.04%	14.49%	10.64%	-10.66%	25.43%	0.78%	23.99%	-5.18%	5.16%
IPSHX Pinnacle Sherman Multi-Strategy Core Fund	7.49%	10.90%	6.79%	18.85%	-17.42%	8.71%	22.20%	15.05%	-13.11%	11.19%

Correlation

The correlation between PSECX and IPSHX is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.62
Correlation (10Y) Provides a long-term view across more market conditions.	0.68
Correlation (All Time) Calculated using the full available price history since Oct 7, 2015	0.68

Over the past year, the correlation between PSECX and IPSHX has dropped to 0.42 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.

Return for Risk

PSECX vs. IPSHX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PSECX

PSECX Risk / Return Rank: 22
PSECX Sharpe Ratio Rank: 22
PSECX Sortino Ratio Rank: 22
PSECX Omega Ratio Rank: 20
PSECX Calmar Ratio Rank: 23
PSECX Martin Ratio Rank: 25

IPSHX

IPSHX Risk / Return Rank: 34
IPSHX Sharpe Ratio Rank: 33
IPSHX Sortino Ratio Rank: 31
IPSHX Omega Ratio Rank: 31
IPSHX Calmar Ratio Rank: 38
IPSHX Martin Ratio Rank: 37

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PSECX vs. IPSHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 1789 Growth and Income Fund (PSECX) and Pinnacle Sherman Multi-Strategy Core Fund (IPSHX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PSECX	IPSHX	Difference
Sharpe ratio: Return per unit of total volatility	0.85	1.16	-0.31
Sortino ratio: Return per unit of downside risk	1.30	1.63	-0.34
Omega ratio: Gain probability vs. loss probability	1.15	1.21	-0.06
Calmar ratio: Return relative to maximum drawdown	1.16	1.70	-0.54
Martin ratio: Return relative to average drawdown	3.88	5.82	-1.94

PSECX vs. IPSHX - Sharpe Ratio Comparison

The current PSECX Sharpe Ratio is 0.85, which is comparable to the IPSHX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of PSECX and IPSHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSECX vs. IPSHX - Drawdown Comparison

The maximum PSECX drawdown since its inception was -31.13%, which is greater than IPSHX's maximum drawdown of -25.73%. Use the drawdown chart below to compare losses from any high point for PSECX and IPSHX.

Drawdown Indicators

	PSECX	IPSHX	Difference
Max Drawdown Largest peak-to-trough decline	-31.13%	-25.73%	-5.40%
Max Drawdown (1Y) Largest decline over 1 year	-7.44%	-10.89%	+3.45%
Max Drawdown (3Y) Largest decline over 3 years	-12.51%	-25.73%	+13.22%
Max Drawdown (5Y) Largest decline over 5 years	-18.47%	-25.73%	+7.26%
Max Drawdown (10Y) Largest decline over 10 years	-31.13%	-25.73%	-5.40%
Current Drawdown Current decline from peak	-1.19%	-7.26%	+6.07%
Average Drawdown Average peak-to-trough decline	-3.86%	-7.88%	+4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	3.18%	-0.96%

Volatility

PSECX vs. IPSHX - Volatility Comparison

The current volatility for 1789 Growth and Income Fund (PSECX) is 3.18%, while Pinnacle Sherman Multi-Strategy Core Fund (IPSHX) has a volatility of 6.46%. This indicates that PSECX experiences smaller price fluctuations and is considered to be less risky than IPSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSECX	IPSHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	6.46%	-3.28%
Volatility (6M) Calculated over the trailing 6-month period	7.70%	12.29%	-4.59%
Volatility (1Y) Calculated over the trailing 1-year period	10.14%	15.98%	-5.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.98%	15.01%	-3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	15.16%	-1.98%

PSECX vs. IPSHX - Expense Ratio Comparison

PSECX has a 2.02% expense ratio, which is higher than IPSHX's 1.24% expense ratio.

Dividends

PSECX vs. IPSHX - Dividend Comparison

PSECX's dividend yield for the trailing twelve months is around 0.93%, less than IPSHX's 3.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPSHX Pinnacle Sherman Multi-Strategy Core Fund	3.09%	3.32%	0.00%	0.00%	0.00%	16.18%	0.00%	0.90%	3.68%	6.15%	0.71%	0.00%
PSECX 1789 Growth and Income Fund	0.93%	0.85%	3.88%	2.71%	4.60%	1.53%	0.27%	1.16%	6.78%	0.59%	0.31%	5.12%

Frequently Asked Questions

Can I hold both PSECX and IPSHX in my portfolio?

PSECX and IPSHX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSECX or IPSHX?

IPSHX has higher volatility (6.46%) compared to PSECX (3.18%). In terms of maximum drawdown, PSECX dropped -31.13% vs IPSHX's -25.73%.

Which has better risk-adjusted returns?

IPSHX currently has the higher Sharpe Ratio (1.16 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.