SIRIX vs. SSIIX

Last updated Aug 1, 2026

SIRIX (Ocean Park Tactical All Asset Fund) and SSIIX (Ocean Park Tactical Core Income Fund) are both mutual funds - SIRIX is a Tactical Allocation fund managed by Ocean Park, while SSIIX is a Nontraditional Bonds fund managed by Ocean Park. Over the past 10 years, SIRIX returned 2.41%/yr vs 2.13%/yr for SSIIX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. SIRIX charges 1.70%/yr vs 1.35%/yr for SSIIX.

Performance

SIRIX vs. SSIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park Tactical All Asset Fund (SIRIX) and Ocean Park Tactical Core Income Fund (SSIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIRIX achieves a 3.27% return, which is significantly higher than SSIIX's 0.05% return. Over the past 10 years, SIRIX has outperformed SSIIX with an annualized return of 2.41%, while SSIIX has yielded a comparatively lower 2.13% annualized return.

SIRIX

• 1D: 0.74%
• 1M: -1.15%
• 6M: 1.52%
• YTD: 3.27%
• 1Y: 8.88%
• 3Y*: 5.07%
• 5Y*: 1.53%
• 10Y*: 2.41%
• ALL TIME*: 3.78%

SSIIX

• 1D: 0.14%
• 1M: -0.68%
• 6M: -0.54%
• YTD: 0.05%
• 1Y: 2.82%
• 3Y*: 3.61%
• 5Y*: 0.72%
• 10Y*: 2.13%
• ALL TIME*: 2.89%

*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)
SIRIX Ocean Park Tactical All Asset Fund	$0.00	$0.00	$0.00
SSIIX Ocean Park Tactical Core Income Fund	$0.00	$0.00	$0.00

SIRIX vs. SSIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SIRIX Ocean Park Tactical All Asset Fund	3.27%	4.74%	4.90%	4.17%	-6.82%	0.48%	4.81%	7.71%	-4.24%	7.45%
SSIIX Ocean Park Tactical Core Income Fund	0.05%	3.20%	3.84%	3.68%	-5.29%	0.18%	4.78%	7.77%	-1.38%	5.43%

Correlation

The correlation between SIRIX and SSIIX is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (3Y) Balances recent behavior with more history.	0.76
Correlation (5Y) Shows whether the relationship held over a longer period.	0.75
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012	0.74

The correlation between SIRIX and SSIIX has been stable across timeframes, ranging from 0.73 to 0.77 - a consistent structural relationship.

Return for Risk

SIRIX vs. SSIIX — Risk / Return Rank

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

SIRIX

SIRIX Risk / Return Rank: 35
SIRIX Sharpe Ratio Rank: 36
SIRIX Sortino Ratio Rank: 33
SIRIX Omega Ratio Rank: 36
SIRIX Calmar Ratio Rank: 35
SIRIX Martin Ratio Rank: 35

SSIIX

SSIIX Risk / Return Rank: 28
SSIIX Sharpe Ratio Rank: 34
SSIIX Sortino Ratio Rank: 30
SSIIX Omega Ratio Rank: 34
SSIIX Calmar Ratio Rank: 23
SSIIX Martin Ratio Rank: 21

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.

SIRIX vs. SSIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Tactical All Asset Fund (SIRIX) and Ocean Park Tactical Core Income Fund (SSIIX). 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.

	SIRIX	SSIIX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.14	+0.05
Sortino ratio: Return per unit of downside risk	1.65	1.55	+0.09
Omega ratio: Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio: Return relative to maximum drawdown	1.57	1.13	+0.44
Martin ratio: Return relative to average drawdown	5.44	3.21	+2.23

SIRIX vs. SSIIX - Sharpe Ratio Comparison

The current SIRIX Sharpe Ratio is 1.18, which is comparable to the SSIIX Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of SIRIX and SSIIX, 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

SIRIX vs. SSIIX - Drawdown Comparison

The maximum SIRIX drawdown since its inception was -11.31%, which is greater than SSIIX's maximum drawdown of -9.34%. Use the drawdown chart below to compare losses from any high point for SIRIX and SSIIX.

Drawdown Indicators

	SIRIX	SSIIX	Difference
Max Drawdown Largest peak-to-trough decline	-11.31%	-9.34%	-1.97%
Max Drawdown (1Y) Largest decline over 1 year	-5.42%	-2.85%	-2.57%
Max Drawdown (3Y) Largest decline over 3 years	-7.99%	-3.90%	-4.09%
Max Drawdown (5Y) Largest decline over 5 years	-11.30%	-9.34%	-1.96%
Max Drawdown (10Y) Largest decline over 10 years	-11.31%	-9.34%	-1.97%
Current Drawdown Current decline from peak	-2.24%	-1.68%	-0.56%
Average Drawdown Average peak-to-trough decline	-2.42%	-1.83%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	1.00%	+0.55%

Volatility

SIRIX vs. SSIIX - Volatility Comparison

Ocean Park Tactical All Asset Fund (SIRIX) has a higher volatility of 2.30% compared to Ocean Park Tactical Core Income Fund (SSIIX) at 0.69%. This indicates that SIRIX's price experiences larger fluctuations and is considered to be riskier than SSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIRIX	SSIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	0.69%	+1.61%
Volatility (6M) Calculated over the trailing 6-month period	6.20%	2.40%	+3.80%
Volatility (1Y) Calculated over the trailing 1-year period	7.17%	2.83%	+4.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.46%	3.07%	+2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.29%	2.61%	+1.68%

SIRIX vs. SSIIX - Expense Ratio Comparison

SIRIX has a 1.70% expense ratio, which is higher than SSIIX's 1.35% expense ratio.

Dividends

SIRIX vs. SSIIX - Dividend Comparison

SIRIX's dividend yield for the trailing twelve months is around 2.17%, less than SSIIX's 4.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIRIX Ocean Park Tactical All Asset Fund	2.17%	2.65%	2.88%	2.71%	1.59%	2.52%	1.37%	2.51%	2.23%	2.41%	2.15%	2.53%
SSIIX Ocean Park Tactical Core Income Fund	4.46%	4.31%	4.29%	3.75%	1.39%	2.51%	2.34%	2.76%	2.61%	3.11%	2.64%	3.36%

Frequently Asked Questions

Can I hold both SIRIX and SSIIX in my portfolio?

SIRIX and SSIIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIRIX or SSIIX?

SIRIX has higher volatility (2.30%) compared to SSIIX (0.69%). In terms of maximum drawdown, SIRIX dropped -11.31% vs SSIIX's -9.34%.

Which has better risk-adjusted returns?

SIRIX currently has the higher Sharpe Ratio (1.18 vs 1.14), 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.