SSIIX vs. STBNX
Compare and contrast key facts about Sierra Tactical Core Income Fund (SSIIX) and Sierra Tactical Bond Fund (STBNX).
SSIIX is managed by Sierra Mutual Funds. It was launched on Dec 26, 2011. STBNX is managed by Sierra Mutual Funds. It was launched on Sep 30, 2019.
Performance
SSIIX vs. STBNX - Performance Comparison
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SSIIX vs. STBNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SSIIX Sierra Tactical Core Income Fund | -1.04% | 3.20% | 3.84% | 3.68% | -5.29% | 0.18% | 4.78% | 1.21% |
STBNX Sierra Tactical Bond Fund | -1.57% | -0.37% | 6.36% | 6.76% | -4.47% | 1.11% | 15.56% | 2.41% |
Returns By Period
In the year-to-date period, SSIIX achieves a -1.04% return, which is significantly higher than STBNX's -1.57% return.
SSIIX
- 1D
- 0.10%
- 1M
- -2.75%
- YTD
- -1.04%
- 6M
- 0.06%
- 1Y
- 1.85%
- 3Y*
- 3.27%
- 5Y*
- 0.99%
- 10Y*
- 2.42%
STBNX
- 1D
- 0.17%
- 1M
- -1.92%
- YTD
- -1.57%
- 6M
- -0.70%
- 1Y
- -2.37%
- 3Y*
- 3.21%
- 5Y*
- 1.36%
- 10Y*
- —
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SSIIX vs. STBNX - Expense Ratio Comparison
SSIIX has a 1.35% expense ratio, which is lower than STBNX's 1.63% expense ratio.
Return for Risk
SSIIX vs. STBNX — Risk / Return Rank
SSIIX
STBNX
SSIIX vs. STBNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sierra Tactical Core Income Fund (SSIIX) and Sierra Tactical Bond Fund (STBNX). 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.
| SSIIX | STBNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | -0.58 | +1.25 |
Sortino ratioReturn per unit of downside risk | 0.87 | -0.66 | +1.53 |
Omega ratioGain probability vs. loss probability | 1.13 | 0.89 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 0.71 | -0.41 | +1.12 |
Martin ratioReturn relative to average drawdown | 1.74 | -0.80 | +2.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SSIIX | STBNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | -0.58 | +1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.35 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 0.76 | +0.48 |
Correlation
The correlation between SSIIX and STBNX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SSIIX vs. STBNX - Dividend Comparison
SSIIX's dividend yield for the trailing twelve months is around 4.40%, less than STBNX's 5.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSIIX Sierra Tactical Core Income Fund | 4.40% | 4.31% | 4.29% | 3.75% | 1.39% | 2.51% | 2.34% | 2.76% | 2.61% | 3.11% | 2.64% | 3.36% |
STBNX Sierra Tactical Bond Fund | 5.16% | 4.98% | 5.17% | 4.53% | 1.41% | 2.74% | 6.55% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SSIIX vs. STBNX - Drawdown Comparison
The maximum SSIIX drawdown since its inception was -9.34%, which is greater than STBNX's maximum drawdown of -8.04%. Use the drawdown chart below to compare losses from any high point for SSIIX and STBNX.
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Drawdown Indicators
| SSIIX | STBNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.34% | -8.04% | -1.30% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -6.16% | +3.25% |
Max Drawdown (5Y)Largest decline over 5 years | -9.34% | -8.04% | -1.30% |
Max Drawdown (10Y)Largest decline over 10 years | -9.34% | — | — |
Current DrawdownCurrent decline from peak | -2.75% | -3.53% | +0.78% |
Average DrawdownAverage peak-to-trough decline | -1.84% | -2.67% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 3.19% | -2.01% |
Volatility
SSIIX vs. STBNX - Volatility Comparison
The current volatility for Sierra Tactical Core Income Fund (SSIIX) is 1.30%, while Sierra Tactical Bond Fund (STBNX) has a volatility of 1.51%. This indicates that SSIIX experiences smaller price fluctuations and is considered to be less risky than STBNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSIIX | STBNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 1.51% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 1.92% | 2.16% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.93% | 4.06% | -1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.98% | 3.92% | -0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.56% | 4.98% | -2.42% |