SMIDX vs. MOOD

Last updated Jun 26, 2026

SMIDX (SMI Dynamic Allocation Fund) and MOOD (Relative Sentiment Tactical Allocation ETF) are both Tactical Allocation funds. Over the past 3 years, SMIDX returned 14.62%/yr vs 19.91%/yr for MOOD. Their correlation of 0.83 suggests significant overlap in exposure. SMIDX charges 1.19%/yr vs 0.73%/yr for MOOD.

Performance

SMIDX vs. MOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SMI Dynamic Allocation Fund (SMIDX) and Relative Sentiment Tactical Allocation ETF (MOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMIDX achieves a 7.19% return, which is significantly lower than MOOD's 12.53% return.

SMIDX

• 1D: -0.69%
• 1M: -3.44%
• YTD: 7.19%
• 6M: 5.71%
• 1Y: 22.28%
• 3Y*: 14.62%
• 5Y*: 6.16%
• 10Y*: 6.17%

MOOD

• 1D: 0.35%
• 1M: -1.47%
• YTD: 12.53%
• 6M: 11.09%
• 1Y: 32.38%
• 3Y*: 19.91%
• 5Y*: —
• 10Y*: —

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

SMIDX vs. MOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SMIDX SMI Dynamic Allocation Fund	7.19%	22.50%	12.76%	8.39%	-6.84%
MOOD Relative Sentiment Tactical Allocation ETF	12.53%	30.39%	12.53%	12.56%	-3.31%

Correlation

The correlation between SMIDX and MOOD is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.83

The correlation between SMIDX and MOOD has been stable across timeframes, ranging from 0.83 to 0.92 - a consistent structural relationship.

Return for Risk

SMIDX vs. MOOD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMIDX

SMIDX Risk / Return Rank: 52
SMIDX Sharpe Ratio Rank: 48
SMIDX Sortino Ratio Rank: 41
SMIDX Omega Ratio Rank: 52
SMIDX Calmar Ratio Rank: 60
SMIDX Martin Ratio Rank: 58

MOOD

MOOD Risk / Return Rank: 74
MOOD Sharpe Ratio Rank: 80
MOOD Sortino Ratio Rank: 67
MOOD Omega Ratio Rank: 83
MOOD Calmar Ratio Rank: 75
MOOD Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SMIDX vs. MOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SMI Dynamic Allocation Fund (SMIDX) and Relative Sentiment Tactical Allocation ETF (MOOD). 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.

	SMIDX	MOOD	Difference
Sharpe ratio: Return per unit of total volatility	1.69	2.22	-0.53
Sortino ratio: Return per unit of downside risk	2.24	2.64	-0.41
Omega ratio: Gain probability vs. loss probability	1.32	1.43	-0.11
Calmar ratio: Return relative to maximum drawdown	2.55	3.35	-0.80
Martin ratio: Return relative to average drawdown	9.89	10.29	-0.40

SMIDX vs. MOOD - Sharpe Ratio Comparison

The current SMIDX Sharpe Ratio is 1.69, which is comparable to the MOOD Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of SMIDX and MOOD, 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

SMIDX vs. MOOD - Drawdown Comparison

The maximum SMIDX drawdown since its inception was -21.99%, which is greater than MOOD's maximum drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for SMIDX and MOOD.

Drawdown Indicators

	SMIDX	MOOD	Difference
Max Drawdown Largest peak-to-trough decline	-21.99%	-14.34%	-7.65%
Max Drawdown (1Y) Largest decline over 1 year	-8.73%	-9.71%	+0.98%
Max Drawdown (3Y) Largest decline over 3 years	-10.11%	-9.71%	-0.40%
Max Drawdown (5Y) Largest decline over 5 years	-21.99%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-21.99%	—	—
Current Drawdown Current decline from peak	-4.41%	-2.72%	-1.69%
Average Drawdown Average peak-to-trough decline	-6.30%	-2.31%	-3.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	3.15%	-0.90%

Volatility

SMIDX vs. MOOD - Volatility Comparison

SMI Dynamic Allocation Fund (SMIDX) has a higher volatility of 5.92% compared to Relative Sentiment Tactical Allocation ETF (MOOD) at 4.55%. This indicates that SMIDX's price experiences larger fluctuations and is considered to be riskier than MOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMIDX	MOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.92%	4.55%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	11.59%	12.93%	-1.34%
Volatility (1Y) Calculated over the trailing 1-year period	13.23%	14.68%	-1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.91%	12.17%	-1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.32%	12.17%	-1.85%

SMIDX vs. MOOD - Expense Ratio Comparison

SMIDX has a 1.19% expense ratio, which is higher than MOOD's 0.73% expense ratio.

Dividends

SMIDX vs. MOOD - Dividend Comparison

SMIDX's dividend yield for the trailing twelve months is around 11.03%, more than MOOD's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOOD Relative Sentiment Tactical Allocation ETF	0.36%	0.40%	1.33%	1.34%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMIDX SMI Dynamic Allocation Fund	11.03%	11.83%	6.43%	0.19%	0.00%	7.91%	5.32%	1.22%	1.53%	0.92%	0.25%	1.27%

Frequently Asked Questions

Can I hold both SMIDX and MOOD in my portfolio?

With a correlation of 0.92, SMIDX and MOOD 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.

Which is riskier, SMIDX or MOOD?

SMIDX has higher volatility (5.92%) compared to MOOD (4.55%). In terms of maximum drawdown, SMIDX dropped -21.99% vs MOOD's -14.34%.

Which has better risk-adjusted returns?

MOOD currently has the higher Sharpe Ratio (2.22 vs 1.69), 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.