SDACX Performance — Swan Defined Risk Growth Fund, Class C
Data updated: 2026-09-11
SDACX returned +4.85% year to date and +14.77% over one year to Jun 2026. Annualised returns are +12.75% over 3 years and +6.88% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $143, against $157 for the category, and to $115 over one year, against $118. Volatility over the past three years was 9.59% a year. In the 12 months to Jun 2026 the fund took in a net $3.4M, and assets reached $59.19M.
SDACX Growth of $100
What $100 invested in Swan Defined Risk Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | SDACX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $115 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $143 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $139 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $186 | $229 |
SDACX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.85% |
| 1 year | +14.77% |
| 3 years (annualised) | +12.75% |
| 5 years (annualised) | +6.88% |
SDACX Annual Returns
Calendar-year total returns of Swan Defined Risk Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.85% |
| 2025 | +13.06% |
| 2024 | +14.93% |
| 2023 | +15.08% |
| 2022 | −18.74% |
| 2021 | +21.75% |
| 2020 | +10.95% |
| 2019 (Jul–Dec) | +7.82% |
SDACX 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 | +0.9% | −0.7% | −5.1% | +7.3% | +4.0% | −1.1% | — | — | — | — | — | — |
| 2025 | +2.3% | −1.2% | −4.4% | +1.1% | +2.8% | +2.8% | +1.3% | +2.0% | +3.3% | +2.5% | +0.5% | −0.4% |
| 2024 | +0.4% | +3.8% | +3.0% | −4.5% | +3.9% | +3.1% | 0.0% | +1.2% | +2.4% | −0.4% | +3.9% | −2.3% |
| 2023 | +3.0% | −2.3% | +2.7% | +2.0% | +1.3% | +2.4% | +1.2% | +0.8% | −3.7% | −0.9% | +4.3% | +3.6% |
| 2022 | −4.6% | −2.3% | +2.5% | −7.4% | −1.7% | −6.5% | +4.3% | −3.9% | −5.6% | +7.4% | +3.3% | −4.7% |
| 2021 | +0.2% | +1.5% | +2.4% | +4.1% | +0.4% | +2.1% | +2.3% | +3.0% | −4.2% | +5.9% | −0.6% | +2.9% |
| 2020 | −0.7% | −7.2% | −6.4% | +8.4% | +2.3% | +2.3% | +3.0% | +3.4% | −2.2% | −1.8% | +7.0% | +3.4% |
| 2019 | — | — | — | — | — | — | +0.7% | −0.8% | +1.8% | +1.4% | +2.4% | +2.1% |
SDACX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.59%
- 3-year Sharpe ratio: 0.86 (vs 4.5% risk-free rate)
- Best month: +7.31% (Apr 2026)
- Worst month: −5.12% (Mar 2026)
SDACX Fund Flows
Monthly money in and out of Swan Defined Risk Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $3.4M
- 12-month gross sales (incl. reinvestments): $10.7M
- Sales ÷ redemptions: 1.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $31K | $285K | −$254K |
| May 2026 | $151K | $120K | $31K |
| Apr 2026 | $28K | $208K | −$180K |
| Mar 2026 | $3.4M | $406K | $3.0M |
| Feb 2026 | $86K | $208K | −$122K |
| Jan 2026 | $2.3M | $345K | $1.9M |
| Dec 2025 | $34K | $262K | −$228K |
| Nov 2025 | $390K | $1.2M | −$806K |
| Oct 2025 | $96K | $1.1M | −$1.0M |
| Sep 2025 | $1.2M | $1.8M | −$636K |
| Aug 2025 | $654K | $643K | $11K |
| Jul 2025 | $2.4M | $658K | $1.7M |
SDACX Assets Under Management
Net assets of Swan Defined Risk Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $59.19M |
| 2026-03-31 | $53.86M |
| 2025-12-31 | $51.57M |
| 2025-09-30 | $52.19M |
| 2025-06-30 | $47.70M |
| 2025-03-31 | $55.88M |
| 2024-12-31 | $36.53M |
| 2024-09-30 | $35.48M |
| 2024-06-30 | $34.27M |
| 2024-03-31 | $37.27M |
| 2023-12-31 | $35.83M |
| 2023-09-30 | $32.17M |
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.