SISEX vs. DEBTX

Last updated Aug 1, 2026

SISEX (Shelton International Select Equity Fund) and DEBTX (Shelton Tactical Credit Fund) are both mutual funds - SISEX is a Foreign Large Cap Equities fund managed by Shelton, while DEBTX is a Nontraditional Bonds fund managed by Shelton. Over the past 5 years, SISEX returned 7.54%/yr vs 2.11%/yr for DEBTX. Their 0.37 correlation means their historical movements had little consistent relationship. SISEX charges 0.99%/yr vs 1.97%/yr for DEBTX.

Performance

SISEX vs. DEBTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton International Select Equity Fund (SISEX) and Shelton Tactical Credit Fund (DEBTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SISEX achieves a 13.85% return, which is significantly higher than DEBTX's 1.79% return.

SISEX

• 1D: 1.73%
• 1M: -0.47%
• 6M: 9.77%
• YTD: 13.85%
• 1Y: 25.57%
• 3Y*: 15.48%
• 5Y*: 7.54%
• 10Y*: —
• ALL TIME*: 10.26%

DEBTX

• 1D: 0.10%
• 1M: -0.29%
• 6M: 2.09%
• YTD: 1.79%
• 1Y: 4.39%
• 3Y*: 6.02%
• 5Y*: 2.11%
• 10Y*: 24.75%
• ALL TIME*: 21.61%

*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)
DEBTX Shelton Tactical Credit Fund	$0.00	$0.00	$0.00
SISEX Shelton International Select Equity Fund	$0.00	$0.00	$0.00

SISEX vs. DEBTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SISEX Shelton International Select Equity Fund	13.85%	30.66%	3.67%	13.97%	-19.29%	6.23%	18.07%	22.53%	-13.16%	34.49%
DEBTX Shelton Tactical Credit Fund	1.79%	6.99%	5.67%	4.23%	-7.42%	6.75%	5.77%	613.91%	-1.60%	3.34%

Correlation

The correlation between SISEX and DEBTX is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.35
Correlation (5Y) Shows whether the relationship held over a longer period.	0.37
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.37

Return for Risk

SISEX vs. DEBTX — Risk / Return Rank

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

SISEX

SISEX Risk / Return Rank: 61
SISEX Sharpe Ratio Rank: 67
SISEX Sortino Ratio Rank: 66
SISEX Omega Ratio Rank: 64
SISEX Calmar Ratio Rank: 57
SISEX Martin Ratio Rank: 52

DEBTX

DEBTX Risk / Return Rank: 65
DEBTX Sharpe Ratio Rank: 59
DEBTX Sortino Ratio Rank: 62
DEBTX Omega Ratio Rank: 59
DEBTX Calmar Ratio Rank: 68
DEBTX Martin Ratio Rank: 75

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.

SISEX vs. DEBTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton International Select Equity Fund (SISEX) and Shelton Tactical Credit Fund (DEBTX). 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.

	SISEX	DEBTX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.46	+0.16
Sortino ratio: Return per unit of downside risk	2.31	2.18	+0.13
Omega ratio: Gain probability vs. loss probability	1.29	1.27	+0.02
Calmar ratio: Return relative to maximum drawdown	2.03	2.22	-0.20
Martin ratio: Return relative to average drawdown	7.28	9.18	-1.91

SISEX vs. DEBTX - Sharpe Ratio Comparison

The current SISEX Sharpe Ratio is 1.61, which is comparable to the DEBTX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of SISEX and DEBTX, 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

SISEX vs. DEBTX - Drawdown Comparison

The maximum SISEX drawdown since its inception was -32.68%, which is greater than DEBTX's maximum drawdown of -19.21%. Use the drawdown chart below to compare losses from any high point for SISEX and DEBTX.

Drawdown Indicators

	SISEX	DEBTX	Difference
Max Drawdown Largest peak-to-trough decline	-32.68%	-19.21%	-13.47%
Max Drawdown (1Y) Largest decline over 1 year	-11.94%	-2.03%	-9.91%
Max Drawdown (3Y) Largest decline over 3 years	-14.30%	-4.86%	-9.44%
Max Drawdown (5Y) Largest decline over 5 years	-32.68%	-12.18%	-20.50%
Max Drawdown (10Y) Largest decline over 10 years	—	-19.21%	—
Current Drawdown Current decline from peak	-1.51%	-0.39%	-1.12%
Average Drawdown Average peak-to-trough decline	-7.41%	-2.70%	-4.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	0.49%	+2.83%

Volatility

SISEX vs. DEBTX - Volatility Comparison

Shelton International Select Equity Fund (SISEX) has a higher volatility of 4.08% compared to Shelton Tactical Credit Fund (DEBTX) at 0.72%. This indicates that SISEX's price experiences larger fluctuations and is considered to be riskier than DEBTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SISEX	DEBTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	0.72%	+3.36%
Volatility (6M) Calculated over the trailing 6-month period	12.55%	2.19%	+10.36%
Volatility (1Y) Calculated over the trailing 1-year period	15.00%	3.10%	+11.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.40%	4.16%	+11.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.44%	47.11%	-31.67%

SISEX vs. DEBTX - Expense Ratio Comparison

SISEX has a 0.99% expense ratio, which is lower than DEBTX's 1.97% expense ratio.

Dividends

SISEX vs. DEBTX - Dividend Comparison

SISEX's dividend yield for the trailing twelve months is around 1.56%, less than DEBTX's 5.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEBTX Shelton Tactical Credit Fund	5.50%	4.41%	5.30%	3.43%	2.62%	3.45%	3.82%	132.10%	4.95%	5.77%
SISEX Shelton International Select Equity Fund	1.56%	1.77%	3.73%	1.83%	5.50%	0.65%	0.80%	2.09%	1.13%	1.88%

Frequently Asked Questions

Can I hold both SISEX and DEBTX in my portfolio?

SISEX and DEBTX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SISEX or DEBTX?

SISEX has higher volatility (4.08%) compared to DEBTX (0.72%). In terms of maximum drawdown, SISEX dropped -32.68% vs DEBTX's -19.21%.

Which has better risk-adjusted returns?

SISEX currently has the higher Sharpe Ratio (1.61 vs 1.46), 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.