TRIFX vs. ^NDX

Last updated Apr 2, 2026

Compare and contrast key facts about Catalyst/SMH Total Return Income Fund (TRIFX) and NASDAQ 100 Index (^NDX).

TRIFX is managed by Catalyst Mutual Funds. It was launched on May 20, 2008.

Performance

TRIFX vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst/SMH Total Return Income Fund (TRIFX) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

TRIFX vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRIFX Catalyst/SMH Total Return Income Fund	-1.29%	5.53%	10.63%	14.49%	-12.48%	24.45%	5.12%	19.43%	-7.19%	12.65%
^NDX NASDAQ 100 Index	-4.87%	20.17%	24.88%	53.81%	-32.97%	26.63%	47.58%	37.96%	-1.04%	31.52%

Returns By Period

In the year-to-date period, TRIFX achieves a -1.29% return, which is significantly higher than ^NDX's -4.87% return. Over the past 10 years, TRIFX has underperformed ^NDX with an annualized return of 9.16%, while ^NDX has yielded a comparatively higher 18.15% annualized return.

TRIFX

• 1D: 1.74%
• 1M: -1.51%
• YTD: -1.29%
• 6M: -3.98%
• 1Y: 7.37%
• 3Y*: 9.15%
• 5Y*: 4.73%
• 10Y*: 9.16%

^NDX

• 1D: 1.18%
• 1M: -3.89%
• YTD: -4.87%
• 6M: -3.15%
• 1Y: 23.58%
• 3Y*: 22.14%
• 5Y*: 12.50%
• 10Y*: 18.15%

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

Return for Risk

TRIFX vs. ^NDX — Risk / Return Rank

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

TRIFX

TRIFX Risk / Return Rank: 17
TRIFX Sharpe Ratio Rank: 18
TRIFX Sortino Ratio Rank: 16
TRIFX Omega Ratio Rank: 15
TRIFX Calmar Ratio Rank: 21
TRIFX Martin Ratio Rank: 17

^NDX

^NDX Risk / Return Rank: 76
^NDX Sharpe Ratio Rank: 70
^NDX Sortino Ratio Rank: 74
^NDX Omega Ratio Rank: 74
^NDX Calmar Ratio Rank: 81
^NDX Martin Ratio Rank: 80

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.

TRIFX vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst/SMH Total Return Income Fund (TRIFX) and NASDAQ 100 Index (^NDX). 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.

	TRIFX	^NDX	Difference
Sharpe ratio Return per unit of total volatility	0.56	1.04	-0.48
Sortino ratio Return per unit of downside risk	0.83	1.62	-0.80
Omega ratio Gain probability vs. loss probability	1.11	1.23	-0.12
Calmar ratio Return relative to maximum drawdown	0.72	1.93	-1.21
Martin ratio Return relative to average drawdown	2.03	7.05	-5.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRIFX vs. ^NDX - Sharpe Ratio Comparison

The current TRIFX Sharpe Ratio is 0.56, which is lower than the ^NDX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of TRIFX and ^NDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TRIFX	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	1.04	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.56	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.81	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.55	-0.42

Correlation

The correlation between TRIFX and ^NDX is 0.62, 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.

Drawdowns

TRIFX vs. ^NDX - Drawdown Comparison

The maximum TRIFX drawdown since its inception was -54.53%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for TRIFX and ^NDX.

Drawdown Indicators

	TRIFX	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-54.53%	-82.90%	+28.37%
Max Drawdown (1Y) Largest decline over 1 year	-10.56%	-12.72%	+2.16%
Max Drawdown (5Y) Largest decline over 5 years	-20.76%	-35.56%	+14.80%
Max Drawdown (10Y) Largest decline over 10 years	-35.43%	-35.56%	+0.13%
Current Drawdown Current decline from peak	-5.61%	-8.04%	+2.43%
Average Drawdown Average peak-to-trough decline	-18.36%	-24.72%	+6.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	3.49%	+0.26%

Volatility

TRIFX vs. ^NDX - Volatility Comparison

The current volatility for Catalyst/SMH Total Return Income Fund (TRIFX) is 3.76%, while NASDAQ 100 Index (^NDX) has a volatility of 6.65%. This indicates that TRIFX experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRIFX	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	6.65%	-2.89%
Volatility (6M) Calculated over the trailing 6-month period	9.62%	12.93%	-3.31%
Volatility (1Y) Calculated over the trailing 1-year period	14.42%	22.77%	-8.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.67%	22.61%	-11.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.71%	22.48%	-10.77%