Day Hagan/Ned Davis Research Smart Sector… (SSXU) Performance
SSXU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.4% since Dec 31, 2025
- 1 year
- +1.8% total return
- 3 years
- +13.0% a year
- Since first price
- +9.7% a year since 2022
SSXU trailing returns vs SPY, QQQ, AGG
| Period | SSXU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.9% | −4.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.5% | −2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.5% | −4.5% | +7.8% | +8.4% | −1.5% |
| YTD | −0.4% | −0.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.8% | −0.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +44.2%+13.0%/yr | +34.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJul 1, 2022 | +49.0%+9.7%/yr | +37.6% | — | — | — |
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: SSXU vs SPY
From Jul 1, 2022: SSXU grew to $14,904, SPY to $21,082.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SSXU returns by calendar year
3 of 3 full years positive. Best 2025 (+27.1%), worst 2024 (+5.3%). 2026 is year to date.
SSXU annual returns table
| Year | SSXU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −0.4% | −10.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +27.1% | −13.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.3% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.6% | −10.6% | +26.2% | +54.9% | +5.7% |
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.
SSXU largest drawdowns
Now 8.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 26, 2024 | −13.9% | Apr 8, 2025 | May 2, 2025 | 6 months | 7 months |
| Aug 12, 2022 | −13.4% | Oct 14, 2022 | Dec 1, 2022 | 2 months | 4 months |
| Feb 25, 2026 | −10.7% | Mar 20, 2026 | not yet | 23 days | 8 months so far |
| Jul 31, 2023 | −10.6% | Oct 27, 2023 | Feb 22, 2024 | 3 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SSXU risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +13.6% | +10.5% |
| Volatility (annualized) | 10.2% | 13.6% |
| Sharpe ratio | 0.88 | 0.49 |
| Sortino ratio | 1.32 | 0.77 |
| Best month | +5.2% | +12.9% |
| Worst month | −7.8% | −8.3% |
| Best 12 months | +32.3% | +32.3% |
| Worst 12 months | +4.2% | +0.3% |
| Positive months | 69% | 64% |
| Beta vs S&P 500 | 0.52 | — |
| Correlation with S&P 500 | 0.63 | — |
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.
SSXU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 40 | +0.3% | +12.1% | +32.3% | 100% |
| 3-year (a year) | 16 | +9.3% | +12.5% | +16.7% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
SSXU performance overview
Day Hagan/Ned Davis Research Smart Sector… (SSXU) returned +1.8% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +9.7% a year, turning $10,000 into about $14,904. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −13.9%, from Sep 26, 2024 to Apr 8, 2025, and it took 24 days to get back to the old high. SSXU finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+27.1%) and the worst 2024 (+5.3%). Volatility has been 13.6% a year.
Related: SSXU chart, SSXU holdings, SSXU dividends. See the SSXU overview for the latest quote and fund facts.
SSXU performance FAQ
What is the SSXU return over the past year?
SSXU returned +1.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.8%.
How much would $10,000 invested in SSXU be worth?
$10,000 invested in SSXU at its first recorded close on July 1, 2022 would be worth about $14,904 on October 23, 2026 with distributions reinvested.
What was the worst year for SSXU?
The worst calendar year was 2024, with a total return of +5.3%. The best was 2025 at +27.1%.
What is the biggest drawdown of SSXU?
The largest peak-to-trough decline was −13.9% between September 26, 2024 and April 8, 2025. It recovered to the old high on May 2, 2025, 24 days after the bottom.
How volatile is SSXU?
Over the past 3 years SSXU had an annualized volatility of 10.2% and a Sharpe ratio of 0.88 (excess return over 1–3 month T-bills per unit of risk).