SOAIX vs. SBIFX

Last updated Jun 24, 2026

SOAIX (Spirit of America Income Fund) and SBIFX (Sextant Bond Income Fund) are both Long-Term Bond funds. A 0.75 correlation means they provide meaningful diversification when combined. SOAIX charges 1.12%/yr vs 0.65%/yr for SBIFX.

Performance

SOAIX vs. SBIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spirit of America Income Fund (SOAIX) and Sextant Bond Income Fund (SBIFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SOAIX

• 1D: -0.40%
• 1M: 0.86%
• YTD: 1.19%
• 6M: 1.71%
• 1Y: 5.90%
• 3Y*: 5.77%
• 5Y*: 1.48%
• 10Y*: 3.23%

SBIFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOAIX vs. SBIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SOAIX Spirit of America Income Fund	1.19%	6.50%	5.37%	6.91%	-12.68%	4.59%	5.96%	11.66%	-0.83%	7.53%
SBIFX Sextant Bond Income Fund	-0.81%	7.29%	-0.05%	5.30%	-17.54%	-2.37%	8.83%	10.24%	-1.13%	5.14%

Correlation

The correlation between SOAIX and SBIFX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009	0.75

The correlation between SOAIX and SBIFX shifts across timeframes, from 0.60 (1 year) to 0.80 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

SOAIX vs. SBIFX — Risk / Return Rank

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

SOAIX

SOAIX Risk / Return Rank: 33
SOAIX Sharpe Ratio Rank: 36
SOAIX Sortino Ratio Rank: 37
SOAIX Omega Ratio Rank: 36
SOAIX Calmar Ratio Rank: 31
SOAIX Martin Ratio Rank: 23

SBIFX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SOAIX vs. SBIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spirit of America Income Fund (SOAIX) and Sextant Bond Income Fund (SBIFX). 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.

	SOAIX	SBIFX	Difference
Sharpe ratio: Return per unit of total volatility	1.60	—	—
Sortino ratio: Return per unit of downside risk	2.34	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.98	—	—
Martin ratio: Return relative to average drawdown	5.23	—	—

Drawdowns

Drawdown Indicators

	SOAIX	SBIFX	Difference
Max Drawdown Largest peak-to-trough decline	-16.76%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.76%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.76%	—	—
Current Drawdown Current decline from peak	-1.78%	—	—
Average Drawdown Average peak-to-trough decline	-3.09%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	—	—

Volatility

Volatility by Period

	SOAIX	SBIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.91%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.04%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.47%	—	—

SOAIX vs. SBIFX - Expense Ratio Comparison

SOAIX has a 1.12% expense ratio, which is higher than SBIFX's 0.65% expense ratio.

Dividends

SOAIX vs. SBIFX - Dividend Comparison

SOAIX's dividend yield for the trailing twelve months is around 6.64%, more than SBIFX's 2.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SBIFX Sextant Bond Income Fund	2.94%	3.57%	3.19%	2.60%	2.14%	2.33%	2.39%	2.86%	3.22%	3.04%	2.92%	3.30%
SOAIX Spirit of America Income Fund	6.64%	6.57%	5.41%	6.09%	8.05%	4.93%	3.79%	4.27%	4.71%	4.36%	4.42%	4.74%

Frequently Asked Questions

Can I hold both SOAIX and SBIFX in my portfolio?

SOAIX and SBIFX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.