UNAVX vs. MOJOX

Last updated Apr 2, 2026

Compare and contrast key facts about USA Mutuals All Seasons Fund (UNAVX) and Donoghue Forlines Momentum Fund (MOJOX).

UNAVX is managed by USA Mutuals. It was launched on Oct 12, 2017. MOJOX is managed by Donoghue Forlines LLC. It was launched on Dec 22, 2016.

Performance

UNAVX vs. MOJOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USA Mutuals All Seasons Fund (UNAVX) and Donoghue Forlines Momentum Fund (MOJOX). The values are adjusted to include any dividend payments, if applicable.

UNAVX vs. MOJOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UNAVX USA Mutuals All Seasons Fund	-3.58%	1.91%	6.76%	3.44%	6.91%	11.74%	-8.36%	25.57%	-4.91%	4.62%
MOJOX Donoghue Forlines Momentum Fund	15.26%	22.91%	22.29%	19.10%	-22.78%	28.86%	-1.95%	8.66%	-3.03%	4.19%

Returns By Period

In the year-to-date period, UNAVX achieves a -3.58% return, which is significantly lower than MOJOX's 15.26% return.

UNAVX

• 1D: 1.33%
• 1M: -3.40%
• YTD: -3.58%
• 6M: -6.39%
• 1Y: 0.95%
• 3Y*: 0.98%
• 5Y*: 4.85%
• 10Y*: —

MOJOX

• 1D: 3.09%
• 1M: -3.90%
• YTD: 15.26%
• 6M: 20.47%
• 1Y: 45.54%
• 3Y*: 25.14%
• 5Y*: 11.64%
• 10Y*: —

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

UNAVX vs. MOJOX - Expense Ratio Comparison

UNAVX has a 1.99% expense ratio, which is lower than MOJOX's 2.00% expense ratio.

MOJOX

Donoghue Forlines Momentum Fund

UNAVX

USA Mutuals All Seasons Fund

Return for Risk

UNAVX vs. MOJOX — Risk / Return Rank

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

UNAVX

UNAVX Risk / Return Rank: 6
UNAVX Sharpe Ratio Rank: 6
UNAVX Sortino Ratio Rank: 5
UNAVX Omega Ratio Rank: 6
UNAVX Calmar Ratio Rank: 6
UNAVX Martin Ratio Rank: 6

MOJOX

MOJOX Risk / Return Rank: 93
MOJOX Sharpe Ratio Rank: 92
MOJOX Sortino Ratio Rank: 90
MOJOX Omega Ratio Rank: 88
MOJOX Calmar Ratio Rank: 96
MOJOX Martin Ratio Rank: 97

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.

UNAVX vs. MOJOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USA Mutuals All Seasons Fund (UNAVX) and Donoghue Forlines Momentum Fund (MOJOX). 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.

	UNAVX	MOJOX	Difference
Sharpe ratio Return per unit of total volatility	0.17	2.08	-1.92
Sortino ratio Return per unit of downside risk	0.28	2.66	-2.38
Omega ratio Gain probability vs. loss probability	1.05	1.39	-0.34
Calmar ratio Return relative to maximum drawdown	0.11	3.86	-3.75
Martin ratio Return relative to average drawdown	0.34	17.52	-17.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UNAVX vs. MOJOX - Sharpe Ratio Comparison

The current UNAVX Sharpe Ratio is 0.17, which is lower than the MOJOX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of UNAVX and MOJOX, 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

	UNAVX	MOJOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	2.08	-1.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.68	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.63	-0.26

Correlation

The correlation between UNAVX and MOJOX is 0.56, 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

UNAVX vs. MOJOX - Dividend Comparison

UNAVX's dividend yield for the trailing twelve months is around 2.62%, less than MOJOX's 23.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
UNAVX USA Mutuals All Seasons Fund	2.62%	2.52%	2.88%	1.62%	0.00%	0.00%	0.00%	5.70%	0.85%	0.61%
MOJOX Donoghue Forlines Momentum Fund	23.27%	26.83%	2.13%	0.00%	0.00%	0.00%	0.00%	5.49%	5.78%	4.75%

Drawdowns

UNAVX vs. MOJOX - Drawdown Comparison

The maximum UNAVX drawdown since its inception was -30.05%, roughly equal to the maximum MOJOX drawdown of -28.85%. Use the drawdown chart below to compare losses from any high point for UNAVX and MOJOX.

Drawdown Indicators

	UNAVX	MOJOX	Difference
Max Drawdown Largest peak-to-trough decline	-30.05%	-28.85%	-1.20%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-12.21%	+4.32%
Max Drawdown (5Y) Largest decline over 5 years	-7.89%	-25.32%	+17.43%
Current Drawdown Current decline from peak	-6.66%	-4.82%	-1.84%
Average Drawdown Average peak-to-trough decline	-4.72%	-7.97%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	2.69%	-0.09%

Volatility

UNAVX vs. MOJOX - Volatility Comparison

The current volatility for USA Mutuals All Seasons Fund (UNAVX) is 2.66%, while Donoghue Forlines Momentum Fund (MOJOX) has a volatility of 9.31%. This indicates that UNAVX experiences smaller price fluctuations and is considered to be less risky than MOJOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UNAVX	MOJOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	9.31%	-6.65%
Volatility (6M) Calculated over the trailing 6-month period	3.74%	16.25%	-12.51%
Volatility (1Y) Calculated over the trailing 1-year period	5.55%	22.35%	-16.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.83%	17.30%	-9.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.93%	15.98%	-3.05%