C1 Fund (CFND) Performance
CFND total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −47.1% since Dec 31, 2025
- 1 year
- −66.1% total return
- Since first price
- −72.2% since 2025
CFND trailing returns vs SPY, QQQ, AGG
| Period | CFND total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −18.3% | −18.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −24.7% | −24.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −34.3% | −34.3% | +7.8% | +8.4% | −1.5% |
| YTD | −47.1% | −47.1% | +12.3% | +15.1% | −1.0% |
| 1 year | −66.1% | −66.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 7, 2025 | −72.2% | −72.2% | — | — | — |
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: CFND vs SPY
From Aug 7, 2025: CFND grew to $2,785, SPY to $12,183.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CFND returns by calendar year
2026 is year to date.
CFND annual returns table
| Year | CFND | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −47.1% | −57.2% | +12.3% | +15.1% | −1.0% |
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.
CFND largest drawdowns
Now 73.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 8, 2025 | −77.5% | Aug 18, 2026 | not yet | 1.0 years | 1.2 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CFND risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −61.8% |
| Volatility (annualized) | 28.2% |
| Sharpe ratio | -3.26 |
| Sortino ratio | -2.44 |
| Best month | +4.5% |
| Worst month | −25.8% |
| Best 12 months | −63.2% |
| Worst 12 months | −66.3% |
| Positive months | 8% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
CFND rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | −66.3% | −65.7% | −63.2% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
CFND performance overview
C1 Fund (CFND) returned −66.1% over the past year, with distributions reinvested. Since its first recorded price on Aug 7, 2025 it has returned −72.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −77.5%, from Aug 8, 2025 to Aug 18, 2026; the fund has not yet regained that high. Volatility has been 28.2% a year.
Related: CFND chart. See the CFND overview for the latest quote and fund facts.
CFND performance FAQ
What is the CFND return over the past year?
CFND returned −66.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 66.1%.
How much would $10,000 invested in CFND be worth?
$10,000 invested in CFND at its first recorded close on August 7, 2025 would be worth about $2,785 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CFND?
The largest peak-to-trough decline was −77.5% between August 8, 2025 and August 18, 2026. It has not yet recovered to that high; it is 73.2% below its peak.
How volatile is CFND?
Over the past history CFND had an annualized volatility of 28.2% and a Sharpe ratio of -3.26 (excess return over 1–3 month T-bills per unit of risk).