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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.59

$71.7 M

0.00%

$0.00

1.74%

Vitals

YTD Return

-2.0%

1 yr return

18.2%

3 Yr Avg Return

11.5%

5 Yr Avg Return

8.3%

Net Assets

$71.7 M

Holdings in Top 10

98.5%

52 WEEK LOW AND HIGH

$11.6
$10.53
$12.39

Expenses

OPERATING FEES

Expense Ratio 1.74%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 50.17%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Options Trading


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.59

$71.7 M

0.00%

$0.00

1.74%

IPSAX - Profile

Distributions

  • YTD Total Return -2.0%
  • 3 Yr Annualized Total Return 11.5%
  • 5 Yr Annualized Total Return 8.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.07%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    IPS Strategic Capital Absolute Return Fund
  • Fund Family Name
    WP Trust
  • Inception Date
    Apr 15, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dominick Paoloni

Fund Description

The fund's primary strategy consists of selling and purchasing put and call options on equity indexes and exchange traded funds. The sale of put options generates income for the fund, but exposes it to the risk of declines in the value of the underlying assets. The risk in purchasing options is limited to the premium paid by the fund for the options. The sale of call options generates income for the fund, but may limit the fund's participation in equity market gains. The fund's investment adviser seeks to reduce the overall volatility of returns by managing a portfolio of options. It is non-diversified.


IPSAX - Performance

Return Ranking - Trailing

Period IPSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -2.8% 240.8% 19.37%
1 Yr 18.2% -4.3% 140.6% 88.70%
3 Yr 11.5%* -8.3% 18.3% 78.21%
5 Yr 8.3%* -5.0% 17.3% N/A
10 Yr N/A* -4.6% 13.2% N/A

* Annualized

Return Ranking - Calendar

Period IPSAX Return Category Return Low Category Return High Rank in Category (%)
2021 12.3% -34.1% 904.0% 63.51%
2020 2.6% -28.6% 438.4% 86.13%
2019 3.8% -93.5% 8.2% 21.38%
2018 -5.4% -38.9% 19.8% 61.24%
2017 4.0% -10.9% 12.8% N/A

Total Return Ranking - Trailing

Period IPSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -2.7% 244.0% 19.37%
1 Yr 18.2% -4.3% 140.6% 85.65%
3 Yr 11.5%* -8.3% 18.3% 75.64%
5 Yr 8.3%* -5.4% 17.3% N/A
10 Yr N/A* -4.6% 13.2% N/A

* Annualized

Total Return Ranking - Calendar

Period IPSAX Return Category Return Low Category Return High Rank in Category (%)
2021 12.3% -34.1% 904.0% 63.51%
2020 2.6% -5.9% 438.4% 86.71%
2019 3.8% -81.2% 8.2% 32.41%
2018 -5.4% -29.0% 19.8% 13.95%
2017 13.6% -10.9% 12.8% N/A

NAV & Total Return History


IPSAX - Holdings

Concentration Analysis

IPSAX Category Low Category High IPSAX % Rank
Net Assets 71.7 M 25 17.4 B 63.67%
Number of Holdings 6 2 508 52.67%
Net Assets in Top 10 67.6 M -6.66 M 5.12 B 53.82%
Weighting of Top 10 98.45% 11.3% 100.0% 31.45%

Top 10 Holdings

  1. iShares Core S&P 500 ETF 72.03%
  2. Future on S&P 500 Index PR 21.85%
  3. Future on S&P 500 Index PR 21.85%
  4. Future on S&P 500 Index PR 21.85%
  5. Future on S&P 500 Index PR 21.85%
  6. Future on S&P 500 Index PR 21.85%
  7. Future on S&P 500 Index PR 21.85%
  8. Future on S&P 500 Index PR 21.85%
  9. Future on S&P 500 Index PR 21.85%
  10. Future on S&P 500 Index PR 21.85%

Asset Allocation

Weighting Return Low Return High IPSAX % Rank
Stocks
97.37% -3.92% 100.76% 70.99%
Cash
2.63% -0.76% 100.29% 24.43%
Preferred Stocks
0.00% 0.00% 3.08% 4.96%
Other
0.00% 0.00% 45.92% 21.76%
Convertible Bonds
0.00% 0.00% 20.91% 7.63%
Bonds
0.00% 0.00% 97.96% 12.21%

Stock Sector Breakdown

Weighting Return Low Return High IPSAX % Rank
Technology
25.02% 0.00% 44.43% 14.29%
Financial Services
13.87% 0.00% 29.60% 78.57%
Healthcare
13.48% 0.00% 25.91% 24.79%
Consumer Cyclical
11.68% 0.00% 19.02% 27.73%
Communication Services
11.47% 0.00% 21.22% 61.34%
Industrials
8.53% 1.41% 43.91% 64.71%
Consumer Defense
6.19% 0.00% 22.87% 30.67%
Real Estate
2.63% 0.00% 9.74% 68.49%
Utilities
2.50% 0.00% 13.35% 29.41%
Energy
2.41% 0.00% 69.54% 78.57%
Basic Materials
2.22% 0.00% 60.58% 65.55%

Stock Geographic Breakdown

Weighting Return Low Return High IPSAX % Rank
US
96.36% -3.89% 100.00% 58.40%
Non US
1.01% -2.17% 99.33% 72.52%

IPSAX - Expenses

Operational Fees

IPSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.74% 0.20% 6.78% 29.22%
Management Fee 1.00% 0.20% 1.75% 69.78%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.28% N/A

Sales Fees

IPSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

IPSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

IPSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 50.17% 0.00% 456.80% 0.45%

IPSAX - Distributions

Dividend Yield Analysis

IPSAX Category Low Category High IPSAX % Rank
Dividend Yield 0.00% 0.00% 3.76% 8.18%

Dividend Distribution Analysis

IPSAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

IPSAX Category Low Category High IPSAX % Rank
Net Income Ratio -1.07% -2.54% 14.24% 58.61%

Capital Gain Distribution Analysis

IPSAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

IPSAX - Fund Manager Analysis

Managers

Dominick Paoloni


Start Date

Tenure

Tenure Rank

Apr 19, 2016

5.7

5.7%

Managing Principal and Chief Investment Officer of IPS Strategic Capital, Dominick Paoloni has served the investment community for over 35 years. Dominick received his Certified Investment Management Analyst (CIMA®) through the Wharton School of Business and completed the College for Financial Planning’s CFP certification program. An Adjunct Professor at the University of Denver, he frequently lectures in Denver and internationally on the real-world use of derivatives in risk-defined money management. Dominick is a nationally known writer, facilitator, and radio host and commentator. In 2009, he was recognized by Morningstar Advisor Magazine for successfully protecting his clients against the disastrous 2008 meltdown with innovative portfolios which weathered the storm with only a small fraction of the market’s losses. He has also been featured in numerous other publications, including EQ Derivatives Magazine, Financial Planning Magazine, the Denver Post, and the Journal of Investment Consulting, which published one of his white papers. His life’s work is striving to deliver a risk management solution that doesn’t rely on market timing or asset allocation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 19.77 3.61 5.67