SGENX vs. MBXIX
Compare and contrast key facts about First Eagle Global Fund Class A (SGENX) and Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX).
SGENX is managed by First Eagle. It was launched on Jan 1, 1979. MBXIX is managed by Catalyst Mutual Funds. It was launched on Dec 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGENX or MBXIX.
Key characteristics
| SGENX | MBXIX | |
|---|---|---|
| YTD Return | 15.18% | 14.73% |
| 1Y Return | 20.74% | 9.82% |
| 3Y Return (Ann) | 6.25% | 5.18% |
| 5Y Return (Ann) | 8.70% | 7.08% |
| Sharpe Ratio | 2.49 | 0.82 |
| Sortino Ratio | 3.45 | 1.18 |
| Omega Ratio | 1.44 | 1.15 |
| Calmar Ratio | 5.80 | 0.91 |
| Martin Ratio | 19.18 | 2.61 |
| Ulcer Index | 1.19% | 3.43% |
| Daily Std Dev | 9.20% | 10.85% |
| Max Drawdown | -37.60% | -31.73% |
| Current Drawdown | -2.85% | -1.11% |
Correlation
The correlation between SGENX and MBXIX is 0.53, 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.
Performance
SGENX vs. MBXIX - Performance Comparison
The year-to-date returns for both stocks are quite close, with SGENX having a 15.18% return and MBXIX slightly lower at 14.73%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SGENX vs. MBXIX - Expense Ratio Comparison
SGENX has a 1.11% expense ratio, which is lower than MBXIX's 2.04% expense ratio.
Risk-Adjusted Performance
SGENX vs. MBXIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Eagle Global Fund Class A (SGENX) and Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX). 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.
Dividends
SGENX vs. MBXIX - Dividend Comparison
SGENX's dividend yield for the trailing twelve months is around 1.12%, less than MBXIX's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGENX First Eagle Global Fund Class A | 1.12% | 1.29% | 0.10% | 1.93% | 0.83% | 1.26% | 0.84% | 0.74% | 0.38% | 0.13% | 0.56% | 1.22% |
MBXIX Catalyst/Millburn Hedge Strategy Fund Class I | 1.60% | 1.84% | 4.16% | 0.00% | 4.27% | 5.18% | 1.77% | 0.00% | 1.32% | 0.00% | 0.00% | 0.00% |
Drawdowns
SGENX vs. MBXIX - Drawdown Comparison
The maximum SGENX drawdown since its inception was -37.60%, which is greater than MBXIX's maximum drawdown of -31.73%. Use the drawdown chart below to compare losses from any high point for SGENX and MBXIX. For additional features, visit the drawdowns tool.
Volatility
SGENX vs. MBXIX - Volatility Comparison
The current volatility for First Eagle Global Fund Class A (SGENX) is 2.31%, while Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) has a volatility of 2.49%. This indicates that SGENX experiences smaller price fluctuations and is considered to be less risky than MBXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.