MIDSX Performance — Midas Discovery
Data updated: 2026-08-18
MIDSX returned −8.02% year to date and +53.59% over one year to Jun 2026. Annualised returns are +42.05% over 3 years and +18.91% over 5 years. The fund beat its Global Materials Equity category average: $100 invested three years ago grew to $287, against $157 for the category, and to $154 over one year, against $151. Volatility over the past three years was 40.27% a year. In the 12 months to Jun 2026 the fund lost a net $4.0M, and assets reached $33.68M.
MIDSX Growth of $100
What $100 invested in Midas Discovery grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Materials Equity category average over the same months.
| Period | MIDSX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $154 | $151 |
| 3 years (Jul 2023 – Jun 2026) | $287 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $238 | $147 |
| Since data start (Jan 2020 – Jun 2026) | $344 | $249 |
MIDSX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −8.02% |
| 1 year | +53.59% |
| 3 years (annualised) | +42.05% |
| 5 years (annualised) | +18.91% |
MIDSX Annual Returns
Calendar-year total returns of Midas Discovery, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −8.02% |
| 2025 | +195.76% |
| 2024 | +7.27% |
| 2023 | −1.79% |
| 2022 | −11.11% |
| 2021 | −19.23% |
| 2020 | +67.11% |
MIDSX 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 | +11.5% | +24.4% | −19.6% | −2.6% | +0.5% | −15.7% | — | — | — | — | — | — |
| 2025 | +16.9% | +3.6% | +17.5% | +11.9% | +9.0% | +2.0% | −6.2% | +25.5% | +19.5% | −3.4% | +16.5% | +5.4% |
| 2024 | −10.9% | −11.2% | +21.8% | +3.8% | +8.2% | −9.2% | +13.0% | +5.7% | +5.4% | +5.1% | −7.7% | −10.6% |
| 2023 | +11.6% | −14.4% | +13.1% | +3.3% | −6.4% | −4.3% | +3.6% | −7.8% | −10.3% | +4.2% | +10.0% | 0.0% |
| 2022 | −11.1% | +15.2% | +8.5% | −6.4% | −6.9% | −13.9% | −1.0% | −9.6% | 0.0% | 0.0% | +17.0% | +1.8% |
| 2021 | −7.1% | −13.1% | +2.4% | +10.9% | +14.0% | −17.2% | −10.7% | −5.8% | +3.0% | +8.5% | −1.6% | +0.8% |
| 2020 | 0.0% | −0.1% | −0.2% | +43.0% | +12.0% | +6.0% | +19.6% | −3.2% | −7.7% | −2.4% | −10.3% | +5.4% |
MIDSX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 40.27%
- 3-year Sharpe ratio: 0.93 (vs 4.5% risk-free rate)
- Best month: +25.51% (Aug 2025)
- Worst month: −19.63% (Mar 2026)
MIDSX Fund Flows
Monthly money in and out of Midas Discovery, from SEC Form N-PORT.
- 12-month net flow: −$4.0M
- 12-month gross sales (incl. reinvestments): $32.1M
- Sales ÷ redemptions: 0.89×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $436K | $4.4M | −$4.0M |
| May 2026 | $1.2M | $3.9M | −$2.7M |
| Apr 2026 | $2.6M | $2.1M | $502K |
| Mar 2026 | $3.0M | $6.1M | −$3.1M |
| Feb 2026 | $3.0M | $3.8M | −$796K |
| Jan 2026 | $4.8M | $2.3M | $2.5M |
| Dec 2025 | $4.7M | $1.5M | $3.2M |
| Nov 2025 | $1.8M | $3.1M | −$1.4M |
| Oct 2025 | $4.1M | $4.0M | $64K |
| Sep 2025 | $4.6M | $955K | $3.6M |
| Aug 2025 | $1.4M | $1.5M | −$105K |
| Jul 2025 | $439K | $2.4M | −$1.9M |
MIDSX Assets Under Management
Net assets of Midas Discovery by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $33.68M |
| 2026-03-31 | $47.66M |
| 2025-12-31 | $44.06M |
| 2025-09-30 | $35.73M |
| 2025-06-30 | $24.55M |
| 2025-03-31 | $17.16M |
| 2024-12-31 | $10.78M |
| 2024-09-30 | $12.75M |
| 2024-06-30 | $10.59M |
| 2024-03-31 | $10.63M |
| 2023-12-31 | $11.18M |
| 2023-09-30 | $9.91M |
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.