SOAEX vs. SOAAX
SOAEX (Spirit of America Energy Fund) and SOAAX (Spirit of America Real Estate Income & Growth Fund) are both mutual funds - SOAEX is a Energy Equities fund managed by Spirit of America, while SOAAX is a REIT fund managed by Spirit of America. Over the past 10 years, SOAEX returned 33.25%/yr vs 5.31%/yr for SOAAX. At a 0.38 correlation, their price movements are largely independent. SOAEX charges 1.50%/yr vs 1.52%/yr for SOAAX.
Performance
SOAEX vs. SOAAX - Performance Comparison
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Returns By Period
In the year-to-date period, SOAEX achieves a 23.07% return, which is significantly higher than SOAAX's 14.89% return. Over the past 10 years, SOAEX has outperformed SOAAX with an annualized return of 33.25%, while SOAAX has yielded a comparatively lower 5.31% annualized return.
SOAEX
- 1D
- 1.38%
- 1M
- -5.30%
- YTD
- 23.07%
- 6M
- 22.73%
- 1Y
- 26.90%
- 3Y*
- 21.93%
- 5Y*
- 18.05%
- 10Y*
- 33.25%
SOAAX
- 1D
- 1.21%
- 1M
- -0.11%
- YTD
- 14.89%
- 6M
- 15.33%
- 1Y
- 13.22%
- 3Y*
- 10.72%
- 5Y*
- 3.04%
- 10Y*
- 5.31%
SOAEX vs. SOAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOAEX Spirit of America Energy Fund | 23.07% | 6.05% | 19.30% | 13.10% | 30.26% | 34.19% | 96.43% | 11.49% | 148.45% | -3.97% |
SOAAX Spirit of America Real Estate Income & Growth Fund | 14.89% | -0.90% | 7.57% | 9.60% | -28.40% | 42.01% | -5.06% | 28.09% | -6.82% | 6.80% |
Correlation
The correlation between SOAEX and SOAAX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2014 | 0.38 |
The correlation between SOAEX and SOAAX shifts across timeframes, from 0.18 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SOAEX vs. SOAAX — Risk / Return Rank
SOAEX
SOAAX
SOAEX vs. SOAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spirit of America Energy Fund (SOAEX) and Spirit of America Real Estate Income & Growth Fund (SOAAX). 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.
| SOAEX | SOAAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.20 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 1.88 | +1.21 |
| Martin ratioReturn relative to average drawdown | 8.45 | 5.58 | +2.87 |
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Drawdowns
SOAEX vs. SOAAX - Drawdown Comparison
The maximum SOAEX drawdown since its inception was -67.07%, smaller than the maximum SOAAX drawdown of -78.19%. Use the drawdown chart below to compare losses from any high point for SOAEX and SOAAX.
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Drawdown Indicators
| SOAEX | SOAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.07% | -78.19% | +11.12% |
Max Drawdown (1Y)Largest decline over 1 year | -8.03% | -7.74% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.30% | -19.29% | -0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -20.84% | -36.03% | +15.19% |
Max Drawdown (10Y)Largest decline over 10 years | -67.07% | -41.24% | -25.83% |
Current DrawdownCurrent decline from peak | -6.17% | -3.90% | -2.27% |
Average DrawdownAverage peak-to-trough decline | -14.84% | -14.60% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 2.60% | +0.34% |
Volatility
SOAEX vs. SOAAX - Volatility Comparison
Spirit of America Energy Fund (SOAEX) has a higher volatility of 5.31% compared to Spirit of America Real Estate Income & Growth Fund (SOAAX) at 4.65%. This indicates that SOAEX's price experiences larger fluctuations and is considered to be riskier than SOAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOAEX | SOAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 4.65% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 12.46% | 9.74% | +2.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 13.29% | +2.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.89% | 18.24% | +1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.73% | 19.75% | +77.98% |
SOAEX vs. SOAAX - Expense Ratio Comparison
SOAEX has a 1.50% expense ratio, which is lower than SOAAX's 1.52% expense ratio.
Dividends
SOAEX vs. SOAAX - Dividend Comparison
SOAEX's dividend yield for the trailing twelve months is around 11.97%, more than SOAAX's 9.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOAAX Spirit of America Real Estate Income & Growth Fund | 9.26% | 10.64% | 9.53% | 9.32% | 9.32% | 6.12% | 8.13% | 7.11% | 8.47% | 6.87% | 7.18% | 8.97% |
SOAEX Spirit of America Energy Fund | 11.97% | 13.91% | 26.36% | 24.88% | 22.14% | 23.25% | 21.16% | 20.73% | 15.62% | 17.90% | 13.40% | 14.76% |
Frequently Asked Questions
SOAEX and SOAAX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOAEX has higher volatility (5.31%) compared to SOAAX (4.65%). In terms of maximum drawdown, SOAEX dropped -67.07% vs SOAAX's -78.19%.
SOAEX currently has the higher Sharpe Ratio (1.56 vs 1.10), 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.
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