OCMAX Performance — Ocm Mutual Fund, OCM Gold Fund - Atlas Class
Data updated: 2026-07-24
OCMAX returned +10.40% year to date and +85.58% over one year to May 2026. Annualised returns are +54.08% over 3 years and +21.56% over 5 years. Against its International Materials Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $366, against $252 for the category, and to $186 over one year, against $219. Volatility over the past three years was 34.16% a year. In the 12 months to May 2026 the fund took in a net $21.5M, and assets reached $215.15M.
OCMAX Growth of $100
What $100 invested in Ocm Mutual Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Materials Equity category average over the same months.
| Period | OCMAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $186 | $219 |
| 3 years (Jun 2023 – May 2026) | $366 | $252 |
| 5 years (Jun 2021 – May 2026) | $265 | $199 |
| Since data start (Mar 2020 – May 2026) | $477 | $310 |
OCMAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.40% |
| 1 year | +85.58% |
| 3 years (annualised) | +54.08% |
| 5 years (annualised) | +21.56% |
OCMAX Annual Returns
Calendar-year total returns of Ocm Mutual Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +10.40% |
| 2025 | +168.04% |
| 2024 | +23.94% |
| 2023 | +4.82% |
| 2022 | −17.28% |
| 2021 | −9.16% |
| 2020 (Mar–Dec) | +65.24% |
OCMAX 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 | +9.1% | +20.1% | −18.6% | −0.9% | +4.4% | — | — | — | — | — | — | — |
| 2025 | +14.3% | +4.0% | +15.7% | +6.7% | +8.6% | +2.8% | −2.9% | +20.9% | +16.9% | −3.7% | +15.0% | +7.6% |
| 2024 | −6.8% | −6.1% | +20.7% | +6.4% | +8.1% | −5.1% | +15.6% | +6.6% | +5.7% | +0.7% | −8.9% | −10.0% |
| 2023 | +7.9% | −11.7% | +17.5% | +2.2% | −8.2% | −3.9% | +1.7% | −5.1% | −9.1% | +3.0% | +16.2% | −1.0% |
| 2022 | −6.5% | +14.3% | +6.2% | −8.3% | −9.3% | −12.4% | −2.2% | −9.6% | +1.0% | −3.4% | +14.1% | +1.6% |
| 2021 | −3.7% | −8.8% | −0.5% | +12.0% | +11.2% | −10.5% | +3.0% | −7.1% | −12.1% | +10.6% | +0.5% | −0.2% |
| 2020 | — | — | −12.8% | +41.8% | +11.2% | +9.7% | +16.0% | +2.9% | −8.0% | −2.6% | −6.3% | +9.4% |
OCMAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 34.16%
- 3-year Sharpe ratio: 1.45 (vs 4.5% risk-free rate)
- Best month: +20.87% (Aug 2025)
- Worst month: −18.62% (Mar 2026)
OCMAX Fund Flows
Monthly money in and out of Ocm Mutual Fund, from SEC Form N-PORT.
- 12-month net flow: $21.5M
- 12-month gross sales (incl. reinvestments): $104.5M
- Sales ÷ redemptions: 1.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.1M | $8.2M | −$5.1M |
| Apr 2026 | $4.8M | $7.1M | −$2.2M |
| Mar 2026 | $5.4M | $13.2M | −$7.8M |
| Feb 2026 | $7.5M | $8.3M | −$876K |
| Jan 2026 | $13.3M | $6.7M | $6.5M |
| Dec 2025 | $16.5M | $7.8M | $8.7M |
| Nov 2025 | $5.1M | $3.8M | $1.3M |
| Oct 2025 | $15.6M | $12.1M | $3.5M |
| Sep 2025 | $13.4M | $8.0M | $5.4M |
| Aug 2025 | $5.3M | $2.0M | $3.3M |
| Jul 2025 | $7.1M | $4.2M | $2.9M |
| Jun 2025 | $7.3M | $1.6M | $5.7M |
OCMAX Assets Under Management
Net assets of Ocm Mutual Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $215.15M |
| 2026-02-28 | $274.36M |
| 2025-11-30 | $192.91M |
| 2025-08-31 | $140.12M |
| 2025-05-31 | $104.95M |
| 2025-02-28 | $74.61M |
| 2024-11-30 | $70.85M |
| 2024-08-31 | $70.20M |
| 2024-05-31 | $57.47M |
| 2024-02-29 | $42.14M |
| 2023-11-30 | $51.60M |
| 2023-08-31 | $49.29M |
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.