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TRIFX vs. ^NDX
Performance
Return for Risk
Drawdowns
Volatility

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.

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Returns By Period

In the year-to-date period, TRIFX achieves a 3.64% return, which is significantly lower than ^NDX's 16.23% return. Over the past 10 years, TRIFX has underperformed ^NDX with an annualized return of 8.82%, while ^NDX has yielded a comparatively higher 21.21% annualized return.


TRIFX

1D
-0.21%
1M
-0.88%
YTD
3.64%
6M
3.48%
1Y
13.99%
3Y*
10.68%
5Y*
4.52%
10Y*
8.82%

^NDX

1D
-3.29%
1M
-0.46%
YTD
16.23%
6M
14.69%
1Y
34.27%
3Y*
25.37%
5Y*
15.36%
10Y*
21.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TRIFX vs. ^NDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TRIFX
Catalyst/SMH Total Return Income Fund
3.64%5.53%10.63%14.49%-12.48%24.45%5.12%19.43%-7.19%12.65%
^NDX
NASDAQ 100 Index
16.23%20.17%24.88%53.81%-32.97%26.63%47.58%37.96%-1.04%31.52%

Correlation

The correlation between TRIFX and ^NDX is 0.52, 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

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.52

Correlation (5Y)
Calculated over the trailing 5-year period

0.61

Correlation (10Y)
Calculated over the trailing 10-year period

0.55

Correlation (All Time)
Calculated using the full available price history since May 21, 2008

0.62

The correlation between TRIFX and ^NDX shifts across timeframes, from 0.52 (3 years) to 0.62 (all time), reflecting how their relationship changes across market environments.

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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: 2222
Overall Rank
TRIFX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
TRIFX Sortino Ratio Rank: 1919
Sortino Ratio Rank
TRIFX Omega Ratio Rank: 1919
Omega Ratio Rank
TRIFX Calmar Ratio Rank: 2929
Calmar Ratio Rank
TRIFX Martin Ratio Rank: 2121
Martin Ratio Rank

^NDX
^NDX Risk / Return Rank: 6666
Overall Rank
^NDX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
^NDX Sortino Ratio Rank: 6161
Sortino Ratio Rank
^NDX Omega Ratio Rank: 6565
Omega Ratio Rank
^NDX Calmar Ratio Rank: 7272
Calmar Ratio Rank
^NDX Martin Ratio Rank: 7171
Martin Ratio Rank
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.

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.


TRIFX^NDXDifference
Sharpe ratioReturn per unit of total volatility

-0.73

Sortino ratioReturn per unit of downside risk

-0.82

Omega ratioGain probability vs. loss probability

1.21

1.34

-0.13

Calmar ratioReturn relative to maximum drawdown

1.92

2.84

-0.93

Martin ratioReturn relative to average drawdown

4.76

10.49

-5.73

TRIFX vs. ^NDX - Sharpe Ratio Comparison

The current TRIFX Sharpe Ratio is 1.19, which is lower than the ^NDX Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of TRIFX and ^NDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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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.


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Drawdown Indicators


TRIFX^NDXDifference

Max Drawdown

Largest peak-to-trough decline

-54.53%

-82.90%

+28.37%

Max Drawdown (1Y)

Largest decline over 1 year

-7.34%

-12.12%

+4.78%

Max Drawdown (3Y)

Largest decline over 3 years

-15.67%

-22.93%

+7.26%

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

-3.23%

-4.28%

+1.05%

Average Drawdown

Average peak-to-trough decline

-18.15%

-24.60%

+6.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.95%

3.28%

-0.33%

Volatility

TRIFX vs. ^NDX - Volatility Comparison

The current volatility for Catalyst/SMH Total Return Income Fund (TRIFX) is 2.36%, while NASDAQ 100 Index (^NDX) has a volatility of 9.08%. 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.


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Volatility by Period


TRIFX^NDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.36%

9.08%

-6.72%

Volatility (6M)

Calculated over the trailing 6-month period

8.16%

14.56%

-6.40%

Volatility (1Y)

Calculated over the trailing 1-year period

11.87%

18.03%

-6.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.74%

22.89%

-12.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.69%

22.65%

-10.96%

Frequently Asked Questions


TRIFX and ^NDX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

^NDX has higher volatility (9.08%) compared to TRIFX (2.36%). In terms of maximum drawdown, TRIFX dropped -54.53% vs ^NDX's -82.90%.

^NDX currently has the higher Sharpe Ratio (1.91 vs 1.19), 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.

Portfolio Optimizer

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