FIDAX Performance — Financial Industries Fund, Class A
Data updated: 2026-09-25
FIDAX returned +7.04% year to date and +14.78% over one year to Jul 2026. Annualised returns are +17.78% over 3 years and +8.69% over 5 years. The fund beat its Financials Equity category average: $100 invested three years ago grew to $163, against $152 for the category, and to $115 over one year, against $114. Volatility over the past three years was 16.21% a year. In the 12 months to Jul 2026 the fund took in a net $42.7M, and assets reached $282.02M.
FIDAX Growth of $100
What $100 invested in Financial Industries Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | FIDAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $114 |
| 3 years (Aug 2023 – Jul 2026) | $163 | $152 |
| 5 years (Aug 2021 – Jul 2026) | $152 | $147 |
| Since data start (Aug 2019 – Jul 2026) | $198 | $188 |
FIDAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.04% |
| 1 year | +14.78% |
| 3 years (annualised) | +17.78% |
| 5 years (annualised) | +8.69% |
FIDAX Annual Returns
Calendar-year total returns of Financial Industries Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +7.04% |
| 2025 | +11.64% |
| 2024 | +29.87% |
| 2023 | +5.00% |
| 2022 | −14.14% |
| 2021 | +29.39% |
| 2020 | +1.62% |
| 2019 (Aug–Dec) | +7.64% |
FIDAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | −4.5% | −3.5% | +7.2% | −0.7% | +4.1% | +4.5% | — | — | — | — | — |
| 2025 | +6.3% | −0.8% | −5.4% | −3.0% | +6.6% | +2.6% | −1.7% | +2.9% | −0.7% | −3.4% | +3.3% | +5.1% |
| 2024 | +1.0% | +3.5% | +5.1% | −4.8% | +4.5% | −0.8% | +8.6% | +1.4% | +0.5% | +3.6% | +11.9% | −6.5% |
| 2023 | +5.3% | −1.2% | −12.1% | −0.1% | −4.6% | +5.7% | +8.3% | −3.9% | −2.8% | −3.7% | +10.0% | +6.4% |
| 2022 | −0.2% | +0.4% | −3.5% | −8.8% | +2.4% | −9.5% | +5.8% | −0.8% | −6.5% | +10.6% | +3.4% | −6.4% |
| 2021 | −1.9% | +10.2% | +5.4% | +5.5% | +1.9% | −3.6% | +1.1% | +3.3% | +0.1% | +6.1% | −4.3% | +3.2% |
| 2020 | −1.7% | −9.6% | −21.3% | +9.1% | +6.0% | +1.5% | +2.9% | +3.1% | −4.3% | +0.9% | +14.1% | +5.9% |
| 2019 | — | — | — | — | — | — | — | −5.0% | +3.5% | +2.4% | +4.1% | +2.7% |
FIDAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.21%
- 3-year Sharpe ratio: 0.82 (vs 4.5% risk-free rate)
- Best month: +11.93% (Nov 2024)
- Worst month: −6.52% (Dec 2024)
FIDAX Fund Flows
Monthly money in and out of Financial Industries Fund, from SEC Form N-PORT.
- 12-month net flow: $42.7M
- 12-month gross sales (incl. reinvestments): $116.4M
- Sales ÷ redemptions: 1.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $5.4M | $4.9M | $497K |
| Jun 2026 | $1.7M | $6.1M | −$4.4M |
| May 2026 | $707K | $4.7M | −$4.0M |
| Apr 2026 | $526K | $3.9M | −$3.4M |
| Mar 2026 | $1.4M | $5.2M | −$3.8M |
| Feb 2026 | $2.8M | $4.3M | −$1.5M |
| Jan 2026 | $1.6M | $6.9M | −$5.3M |
| Dec 2025 | $99.2M | $20.5M | $78.7M |
| Nov 2025 | $679K | $4.4M | −$3.7M |
| Oct 2025 | $593K | $4.0M | −$3.4M |
| Sep 2025 | $924K | $2.9M | −$1.9M |
| Aug 2025 | $807K | $5.9M | −$5.1M |
FIDAX Assets Under Management
Net assets of Financial Industries Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $282.02M |
| 2026-04-30 | $268.88M |
| 2026-01-31 | $281.17M |
| 2025-10-31 | $286.56M |
| 2025-07-31 | $300.58M |
| 2025-04-30 | $284.06M |
| 2025-01-31 | $487.63M |
| 2024-10-31 | $494.43M |
| 2024-07-31 | $488.76M |
| 2024-04-30 | $455.03M |
| 2024-01-31 | $455.57M |
| 2023-10-31 | $408.69M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.