Global X S&P Catholic Values Developed… (CEFA) Performance
CEFA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.4% since Dec 31, 2025
- 1 year
- +10.8% total return
- 5 years
- +6.9% a year
- Since first price
- +10.2% a year since 2020
CEFA trailing returns vs SPY, QQQ, AGG
| Period | CEFA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.2% | −2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.7% | +0.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.6% | +2.5% | +7.8% | +8.4% | −1.5% |
| YTD | +8.4% | +7.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.8% | +7.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +65.5%+18.3%/yr | +52.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +39.8%+6.9%/yr | +21.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJun 24, 2020 | +84.9%+10.2%/yr | +57.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CEFA vs SPY
From Jun 24, 2020: CEFA grew to $18,491, SPY to $27,205.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CEFA returns by calendar year
4 of 5 full years positive. Best 2025 (+26.5%), worst 2022 (−16.7%). 2026 is year to date.
CEFA annual returns table
| Year | CEFA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.4% | −11.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.5% | −15.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.0% | −8.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.4% | −12.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −16.7% | −29.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +8.0% | −7.7% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CEFA largest drawdowns
Now 5.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 3, 2021 | −32.0% | Oct 12, 2022 | Mar 21, 2024 | 1.1 years | 2.5 years |
| Mar 31, 2025 | −15.5% | Apr 8, 2025 | May 13, 2025 | 8 days | 43 days |
| Feb 25, 2026 | −11.5% | Mar 20, 2026 | Jun 18, 2026 | 23 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CEFA risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +17.7% | +7.6% | +10.7% |
| Volatility (annualized) | 12.1% | 16.0% | 16.4% |
| Sharpe ratio | 1.06 | 0.32 | 0.53 |
| Sortino ratio | 1.73 | 0.47 | 0.87 |
| Best month | +8.8% | +13.9% | +18.3% |
| Worst month | −8.2% | −9.2% | −9.2% |
| Best 12 months | +30.3% | +30.3% | +34.3% |
| Worst 12 months | +5.0% | −27.8% | −27.8% |
| Positive months | 72% | 63% | 63% |
| Beta vs S&P 500 | 0.58 | 0.80 | — |
| Correlation with S&P 500 | 0.60 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CEFA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 65 | −27.8% | +11.7% | +34.3% | 78% |
| 3-year (a year) | 41 | +0.4% | +7.2% | +20.3% | 100% |
| 5-year (a year) | 17 | +6.4% | +7.7% | +10.9% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
CEFA performance overview
Global X S&P Catholic Values Developed… (CEFA) returned +10.8% over the past year and +6.9% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +10.2% a year, turning $10,000 into about $18,491. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.0%, from Sep 3, 2021 to Oct 12, 2022, and it took 1.4 years to get back to the old high. CEFA finished 4 of its 5 full calendar years with a gain; the best year was 2025 (+26.5%) and the worst 2022 (−16.7%). Volatility has been 16.4% a year.
Related: CEFA chart, CEFA holdings, CEFA dividends. See the CEFA overview for the latest quote and fund facts.
CEFA performance FAQ
What is the CEFA return over the past year?
CEFA returned +10.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.7%.
What is the average annual return of CEFA?
CEFA has returned +6.9% a year over 5 years, +10.2% a year since June 24, 2020 (total return, distributions reinvested).
How much would $10,000 invested in CEFA be worth?
$10,000 invested in CEFA at its first recorded close on June 24, 2020 would be worth about $18,491 on October 23, 2026 with distributions reinvested.
What was the worst year for CEFA?
The worst calendar year was 2022, with a total return of −16.7%. The best was 2025 at +26.5%.
What is the biggest drawdown of CEFA?
The largest peak-to-trough decline was −32.0% between September 3, 2021 and October 12, 2022. It recovered to the old high on March 21, 2024, 1.4 years after the bottom.
How volatile is CEFA?
Over the past 3 years CEFA had an annualized volatility of 12.1% and a Sharpe ratio of 1.06 (excess return over 1–3 month T-bills per unit of risk).