Strategy Shares - Day Hagan/Ned Davis… (SSFI) Performance
SSFI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.8% since Dec 31, 2025
- 1 year
- −2.0% total return
- 5 years
- −0.6% a year
- Since first price
- −0.6% a year since 2021
SSFI trailing returns vs AGG, TLT, SPY
| Period | SSFI total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | −0.5% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.9% | −1.9% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.1% | −4.1% | −1.5% | −3.8% | +7.8% |
| YTD | −1.8% | −4.1% | −1.0% | −3.4% | +12.3% |
| 1 year | −2.0% | −5.6% | −1.1% | −6.9% | +14.4% |
| 3 years | +13.4%+4.3%/yr | +1.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −2.8%−0.6%/yr | −17.2% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionSep 29, 2021 | −3.0%−0.6%/yr | −17.4% | — | — | — |
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: SSFI vs AGG
From Sep 29, 2021: SSFI grew to $9,698, AGG to $9,872.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SSFI returns by calendar year
3 of 4 full years positive. Best 2025 (+6.6%), worst 2022 (−12.8%). 2026 is year to date.
SSFI annual returns table
| Year | SSFI | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.8% | −4.7% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.6% | −2.6% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.1% | −4.5% | +1.3% | −8.1% | +24.9% |
| 2023 | +4.3% | −7.6% | +5.7% | +2.8% | +26.2% |
| 2022 | −12.8% | −15.0% | −13.0% | −31.2% | −18.2% |
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.
SSFI largest drawdowns
Now 4.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −16.1% | Oct 19, 2023 | not yet | 1.9 years | 5.0 years so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SSFI risk statistics
| Statistic | 3 years | 5 years |
|---|---|---|
| Annualized return | +3.1% | −0.9% |
| Volatility (annualized) | 5.3% | 6.2% |
| Sharpe ratio | -0.21 | -0.71 |
| Sortino ratio | -0.28 | -0.86 |
| Best month | +3.6% | +3.6% |
| Worst month | −2.8% | −3.6% |
| Best 12 months | +10.4% | +10.4% |
| Worst 12 months | −2.5% | −14.3% |
| Positive months | 64% | 52% |
| Beta vs S&P 500 | 0.21 | 0.26 |
| Correlation with S&P 500 | 0.49 | 0.67 |
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.
SSFI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 50 | −14.3% | +2.0% | +10.4% | 66% |
| 3-year (a year) | 26 | −2.8% | +2.8% | +4.6% | 73% |
| 5-year (a year) | 2 | −0.9% | −0.8% | −0.7% | 0% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
SSFI performance overview
Strategy Shares - Day Hagan/Ned Davis… (SSFI) returned −2.0% over the past year and −0.6% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned −0.6% a year, turning $10,000 into about $9,698. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −16.1%, from Nov 9, 2021 to Oct 19, 2023; the fund has not yet regained that high. SSFI finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+6.6%) and the worst 2022 (−12.8%). Volatility has been 6.2% a year.
Related: SSFI chart, SSFI holdings, SSFI dividends, SSFI bond profile. See the SSFI overview for the latest quote and fund facts.
SSFI performance FAQ
What is the SSFI return over the past year?
SSFI returned −2.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.6%.
What is the average annual return of SSFI?
SSFI has returned −0.6% a year over 5 years, −0.6% a year since September 29, 2021 (total return, distributions reinvested).
How much would $10,000 invested in SSFI be worth?
$10,000 invested in SSFI at its first recorded close on September 29, 2021 would be worth about $9,698 on October 23, 2026 with distributions reinvested.
What was the worst year for SSFI?
The worst calendar year was 2022, with a total return of −12.8%. The best was 2025 at +6.6%.
What is the biggest drawdown of SSFI?
The largest peak-to-trough decline was −16.1% between November 9, 2021 and October 19, 2023. It has not yet recovered to that high; it is 4.2% below its peak.
How volatile is SSFI?
Over the past 3 years SSFI had an annualized volatility of 5.3% and a Sharpe ratio of -0.21 (excess return over 1–3 month T-bills per unit of risk).