SDRIX vs. SHIIX
SDRIX (Swan Defined Risk Fund) and SHIIX (Catalyst Buffered Shield Fund) are both Options Trading funds. Over the past 10 years, SDRIX returned 5.53%/yr vs 7.22%/yr for SHIIX. Their correlation of 0.83 means they have usually moved in the same direction. SDRIX charges 1.18%/yr vs 1.23%/yr for SHIIX.
Performance
SDRIX vs. SHIIX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SDRIX having a 4.87% return and SHIIX slightly higher at 5.06%. Over the past 10 years, SDRIX has underperformed SHIIX with an annualized return of 5.53%, while SHIIX has yielded a comparatively higher 7.22% annualized return.
SDRIX
- 1D
- 0.39%
- 1M
- -0.45%
- 6M
- 3.75%
- YTD
- 4.87%
- 1Y
- 12.90%
- 3Y*
- 8.09%
- 5Y*
- 4.72%
- 10Y*
- 5.53%
- ALL TIME*
- 5.47%
SHIIX
- 1D
- 0.26%
- 1M
- 0.18%
- 6M
- 4.10%
- YTD
- 5.06%
- 1Y
- 10.79%
- 3Y*
- 11.45%
- 5Y*
- 5.02%
- 10Y*
- 7.22%
- ALL TIME*
- 7.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SDRIX vs. SHIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SDRIX Swan Defined Risk Fund | 4.87% | 10.72% | 4.91% | 12.37% | -12.84% | 17.41% | 5.25% | 12.75% | -8.85% | 10.25% |
SHIIX Catalyst Buffered Shield Fund | 5.06% | 10.88% | 13.57% | 14.03% | -18.44% | 14.15% | 7.18% | 20.24% | -5.58% | 14.17% |
Correlation
The correlation between SDRIX and SHIIX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.83 |
The correlation between SDRIX and SHIIX has been stable across timeframes, ranging from 0.83 to 0.91 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SDRIX vs. SHIIX — Risk / Return Rank
SDRIX
SHIIX
SDRIX vs. SHIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Swan Defined Risk Fund (SDRIX) and Catalyst Buffered Shield Fund (SHIIX). 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.
| SDRIX | SHIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 2.37 | -0.13 |
| Martin ratioReturn relative to average drawdown | 8.79 | 12.88 | -4.09 |
Loading charts...
Drawdowns
SDRIX vs. SHIIX - Drawdown Comparison
The maximum SDRIX drawdown since its inception was -20.69%, roughly equal to the maximum SHIIX drawdown of -20.20%. Use the drawdown chart below to compare losses from any high point for SDRIX and SHIIX.
Loading charts...
Drawdown Indicators
| SDRIX | SHIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.69% | -20.20% | -0.49% |
Max Drawdown (1Y)Largest decline over 1 year | -5.29% | -4.27% | -1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -14.16% | -11.36% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -17.67% | -20.20% | +2.53% |
Max Drawdown (10Y)Largest decline over 10 years | -20.69% | -20.20% | -0.49% |
Current DrawdownCurrent decline from peak | -1.78% | -0.26% | -1.52% |
Average DrawdownAverage peak-to-trough decline | -3.53% | -4.06% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 0.78% | +0.57% |
Volatility
SDRIX vs. SHIIX - Volatility Comparison
Swan Defined Risk Fund (SDRIX) has a higher volatility of 2.48% compared to Catalyst Buffered Shield Fund (SHIIX) at 1.84%. This indicates that SDRIX's price experiences larger fluctuations and is considered to be riskier than SHIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SDRIX | SHIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.48% | 1.84% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 6.72% | 4.70% | +2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.35% | 5.57% | +2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.70% | 8.57% | +1.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.76% | 8.49% | +1.27% |
SDRIX vs. SHIIX - Expense Ratio Comparison
SDRIX has a 1.18% expense ratio, which is lower than SHIIX's 1.23% expense ratio.
Dividends
SDRIX vs. SHIIX - Dividend Comparison
SDRIX's dividend yield for the trailing twelve months is around 10.06%, more than SHIIX's 2.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDRIX Swan Defined Risk Fund | 10.06% | 10.55% | 0.00% | 12.37% | 0.00% | 0.00% | 0.34% | 1.21% | 1.00% | 0.76% | 1.42% | 0.78% |
SHIIX Catalyst Buffered Shield Fund | 2.87% | 3.02% | 2.94% | 2.52% | 0.68% | 16.99% | 2.01% | 6.13% | 10.13% | 14.66% | 0.79% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, SDRIX and SHIIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SDRIX has higher volatility (2.48%) compared to SHIIX (1.84%). In terms of maximum drawdown, SDRIX dropped -20.69% vs SHIIX's -20.20%.
SHIIX currently has the higher Sharpe Ratio (1.82 vs 1.42), 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.
Find the right allocation for SDRIX and SHIIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer