TRXAX vs. IEF
TRXAX (Catalyst/MAP Global Balanced Fund) and IEF (iShares 7-10 Year Treasury Bond ETF) are both funds - TRXAX is a Global Allocation fund managed by Catalyst Mutual Funds, while IEF is a Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Over the past 10 years, TRXAX returned 5.76%/yr vs 0.51%/yr for IEF. At a correlation of -0.12, they often move in opposite directions. TRXAX charges 1.22%/yr vs 0.15%/yr for IEF.
Performance
TRXAX vs. IEF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRXAX achieves a 6.41% return, which is significantly higher than IEF's -0.66% return. Over the past 10 years, TRXAX has outperformed IEF with an annualized return of 5.76%, while IEF has yielded a comparatively lower 0.51% annualized return.
TRXAX
- 1D
- 0.15%
- 1M
- 0.60%
- YTD
- 6.41%
- 6M
- 6.36%
- 1Y
- 14.23%
- 3Y*
- 9.63%
- 5Y*
- 5.54%
- 10Y*
- 5.76%
IEF
- 1D
- -0.38%
- 1M
- 0.46%
- YTD
- -0.66%
- 6M
- -0.64%
- 1Y
- 3.24%
- 3Y*
- 2.55%
- 5Y*
- -1.20%
- 10Y*
- 0.51%
TRXAX vs. IEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRXAX Catalyst/MAP Global Balanced Fund | 6.41% | 16.16% | 4.67% | 5.23% | -7.44% | 9.65% | 3.62% | 11.51% | -3.30% | 11.12% |
IEF iShares 7-10 Year Treasury Bond ETF | -0.66% | 8.03% | -0.63% | 3.64% | -15.15% | -3.33% | 10.01% | 8.03% | 0.99% | 2.55% |
Correlation
The correlation between TRXAX and IEF is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2011 | -0.12 |
The correlation between TRXAX and IEF shifts across timeframes, from -0.12 (all time) to 0.41 (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
TRXAX vs. IEF — Risk / Return Rank
TRXAX
IEF
TRXAX vs. IEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst/MAP Global Balanced Fund (TRXAX) and iShares 7-10 Year Treasury Bond ETF (IEF). 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.
| TRXAX | IEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.12 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 0.80 | +1.70 |
| Martin ratioReturn relative to average drawdown | 8.33 | 2.17 | +6.16 |
Loading charts...
Drawdowns
TRXAX vs. IEF - Drawdown Comparison
The maximum TRXAX drawdown since its inception was -20.50%, smaller than the maximum IEF drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for TRXAX and IEF.
Loading charts...
Drawdown Indicators
| TRXAX | IEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.50% | -23.93% | +3.43% |
Max Drawdown (1Y)Largest decline over 1 year | -5.60% | -4.07% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -6.04% | -7.74% | +1.70% |
Max Drawdown (5Y)Largest decline over 5 years | -16.03% | -21.40% | +5.37% |
Max Drawdown (10Y)Largest decline over 10 years | -20.50% | -23.93% | +3.43% |
Current DrawdownCurrent decline from peak | -1.33% | -11.35% | +10.02% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -5.36% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.49% | +0.19% |
Volatility
TRXAX vs. IEF - Volatility Comparison
Catalyst/MAP Global Balanced Fund (TRXAX) has a higher volatility of 2.13% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.41%. This indicates that TRXAX's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRXAX | IEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.13% | 1.41% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 5.12% | 3.49% | +1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.37% | 4.73% | +1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.86% | 7.71% | +0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.27% | 6.63% | +1.64% |
TRXAX vs. IEF - Expense Ratio Comparison
TRXAX has a 1.22% expense ratio, which is higher than IEF's 0.15% expense ratio.
Dividends
TRXAX vs. IEF - Dividend Comparison
TRXAX's dividend yield for the trailing twelve months is around 2.19%, less than IEF's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | 3.90% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
TRXAX Catalyst/MAP Global Balanced Fund | 2.19% | 2.45% | 4.93% | 5.12% | 0.83% | 6.76% | 1.91% | 2.66% | 8.34% | 3.46% | 3.55% | 1.59% |
Frequently Asked Questions
TRXAX and IEF have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRXAX has higher volatility (2.13%) compared to IEF (1.41%). In terms of maximum drawdown, TRXAX dropped -20.50% vs IEF's -23.93%.
TRXAX currently has the higher Sharpe Ratio (2.20 vs 0.69), 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 TRXAX and IEF
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