SDAIX Performance — Swan Defined Risk Growth Fund, Class I
Data updated: 2026-09-11
SDAIX returned +5.40% year to date and +15.99% over one year to Jun 2026. Annualised returns are +13.87% over 3 years and +7.94% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $148, against $157 for the category, and to $116 over one year, against $118. Volatility over the past three years was 9.63% a year. In the 12 months to Jun 2026 the fund took in a net $3.4M, and assets reached $59.19M.
SDAIX 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 | SDAIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $148 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $147 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $198 | $229 |
SDAIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.40% |
| 1 year | +15.99% |
| 3 years (annualised) | +13.87% |
| 5 years (annualised) | +7.94% |
SDAIX 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) | +5.40% |
| 2025 | +14.15% |
| 2024 | +16.09% |
| 2023 | +16.21% |
| 2022 | −17.86% |
| 2021 | +22.93% |
| 2020 | +11.88% |
| 2019 (Jul–Dec) | +7.88% |
SDAIX 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% | −0.6% | −5.1% | +7.5% | +4.0% | −0.9% | — | — | — | — | — | — |
| 2025 | +2.4% | −1.1% | −4.3% | +1.2% | +2.9% | +2.9% | +1.5% | +2.1% | +3.4% | +2.6% | +0.5% | −0.3% |
| 2024 | +0.5% | +3.9% | +3.0% | −4.5% | +4.0% | +3.2% | +0.1% | +1.3% | +2.5% | −0.3% | +3.9% | −2.2% |
| 2023 | +3.1% | −2.1% | +2.7% | +2.1% | +1.5% | +2.5% | +1.3% | +0.8% | −3.7% | −0.8% | +4.4% | +3.7% |
| 2022 | −4.5% | −2.3% | +2.5% | −7.3% | −1.6% | −6.5% | +4.5% | −3.8% | −5.5% | +7.4% | +3.4% | −4.6% |
| 2021 | +0.2% | +1.6% | +2.6% | +4.2% | +0.5% | +2.2% | +2.3% | +3.1% | −4.2% | +6.1% | −0.5% | +3.0% |
| 2020 | −0.7% | −7.2% | −6.3% | +8.4% | +2.5% | +2.4% | +3.1% | +3.4% | −2.1% | −1.7% | +7.1% | +3.5% |
| 2019 | — | — | — | — | — | — | +0.7% | −0.6% | +1.7% | +1.4% | +2.4% | +2.1% |
SDAIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.63%
- 3-year Sharpe ratio: 0.97 (vs 4.5% risk-free rate)
- Best month: +7.46% (Apr 2026)
- Worst month: −5.08% (Mar 2026)
SDAIX 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 |
SDAIX 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.