SSIIX vs. SSIRX
SSIIX (Ocean Park Tactical Core Income Fund) and SSIRX (Ocean Park Tactical Core Income Fund Institutional Class) are both mutual funds - SSIIX is a Nontraditional Bonds fund managed by Ocean Park, while SSIRX is a Intermediate Core-Plus Bond fund actively managed by Ocean Park. Over the past 10 years, SSIIX returned 2.13%/yr vs 2.50%/yr for SSIRX. Their correlation of 0.86 means they have usually moved in the same direction. SSIIX charges 1.35%/yr vs 1.45%/yr for SSIRX.
Performance
SSIIX vs. SSIRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SSIIX achieves a 0.05% return, which is significantly higher than SSIRX's -0.46% return. Over the past 10 years, SSIIX has underperformed SSIRX with an annualized return of 2.13%, while SSIRX has yielded a comparatively higher 2.50% annualized return.
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%
SSIRX
- 1D
- 0.00%
- 1M
- -1.29%
- 6M
- -1.03%
- YTD
- -0.46%
- 1Y
- 2.49%
- 3Y*
- 3.98%
- 5Y*
- 1.02%
- 10Y*
- 2.50%
- ALL TIME*
- 3.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SSIIX vs. SSIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SSIRX Ocean Park Tactical Core Income Fund Institutional Class | -0.46% | 3.82% | 4.15% | 4.24% | -4.89% | 0.58% | 5.19% | 8.37% | -1.08% | 5.79% |
Correlation
The correlation between SSIIX and SSIRX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012 | 0.86 |
The correlation between SSIIX and SSIRX shifts across timeframes, from 0.86 (all time) to 0.96 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SSIIX vs. SSIRX — Risk / Return Rank
SSIIX
SSIRX
SSIIX vs. SSIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ocean Park Tactical Core Income Fund (SSIIX) and Ocean Park Tactical Core Income Fund Institutional Class (SSIRX). 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.
| SSIIX | SSIRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.18 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 1.00 | +0.13 |
| Martin ratioReturn relative to average drawdown | 3.21 | 2.84 | +0.38 |
Loading charts...
Drawdowns
SSIIX vs. SSIRX - Drawdown Comparison
The maximum SSIIX drawdown since its inception was -9.34%, which is greater than SSIRX's maximum drawdown of -8.53%. Use the drawdown chart below to compare losses from any high point for SSIIX and SSIRX.
Loading charts...
Drawdown Indicators
| SSIIX | SSIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.34% | -8.53% | -0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -2.85% | -2.82% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -3.90% | -3.54% | -0.36% |
Max Drawdown (5Y)Largest decline over 5 years | -9.34% | -8.53% | -0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -9.34% | -8.53% | -0.81% |
Current DrawdownCurrent decline from peak | -1.68% | -2.26% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -1.83% | -1.64% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 0.99% | +0.01% |
Volatility
SSIIX vs. SSIRX - Volatility Comparison
The current volatility for Ocean Park Tactical Core Income Fund (SSIIX) is 0.69%, while Ocean Park Tactical Core Income Fund Institutional Class (SSIRX) has a volatility of 0.86%. This indicates that SSIIX experiences smaller price fluctuations and is considered to be less risky than SSIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SSIIX | SSIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.69% | 0.86% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 2.45% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.83% | 2.85% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.07% | 3.08% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.61% | 2.60% | +0.01% |
SSIIX vs. SSIRX - Expense Ratio Comparison
SSIIX has a 1.35% expense ratio, which is lower than SSIRX's 1.45% expense ratio.
Dividends
SSIIX vs. SSIRX - Dividend Comparison
SSIIX's dividend yield for the trailing twelve months is around 4.46%, more than SSIRX's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SSIRX Ocean Park Tactical Core Income Fund Institutional Class | 4.21% | 4.91% | 4.74% | 4.18% | 1.81% | 2.93% | 2.75% | 3.18% | 3.05% | 3.53% | 3.03% | 3.81% |
Frequently Asked Questions
With a correlation of 0.96, SSIIX and SSIRX 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.
SSIRX has higher volatility (0.86%) compared to SSIIX (0.69%). In terms of maximum drawdown, SSIIX dropped -9.34% vs SSIRX's -8.53%.
SSIIX currently has the higher Sharpe Ratio (1.14 vs 0.99), 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.
Find the right allocation for SSIIX and SSIRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer