Performance analysis of CEFS (SABA CLOSED-END FUNDS ETF)
Annual Return
Over the past 3 years, CEFS has had an average annual return of +19.75%, outperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, CEFS has had an average annual return of +13.91%, outperforming the benchmark SPY, which returned +12.73% annual.
Since Jun 13, 2017, CEFS has had an average annual return of +11.88%, underperforming the benchmark SPY, which returned +14.89% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +13.32% | +16.63% | +23.49% | +21.03% | -7.11% | +17.85% | +3.31% | +28.40% | -9.95% | +7.63% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.30% | +1.42% | -2.98% | +9.28% | +4.62% | +1.14% | -1.68% | +13.32% | |||||
| 2025 | +4.44% | -1.22% | -1.61% | -0.77% | +4.60% | +2.43% | +1.17% | +1.21% | +1.87% | +0.75% | +0.40% | +2.45% | +16.63% |
| 2024 | +1.54% | +3.76% | +5.64% | -3.60% | +5.13% | +3.74% | +1.56% | +2.24% | +2.61% | -1.81% | +4.11% | -3.11% | +23.49% |
| 2023 | +9.95% | -2.71% | +1.25% | -0.42% | -1.26% | +5.18% | +3.81% | -2.10% | -4.41% | -3.63% | +11.45% | +3.56% | +21.03% |
| 2022 | -1.17% | -1.36% | -0.20% | -4.24% | +0.62% | -7.19% | +7.44% | +1.90% | -9.48% | +4.29% | +8.10% | -4.45% | -7.11% |
| 2021 | +2.68% | +2.18% | +3.92% | +2% | +0.64% | +1.45% | -0.20% | +1.57% | +0.61% | +1.73% | -1.24% | +1.30% | +17.85% |
| 2020 | +0.67% | -4.58% | -21.56% | +7.54% | +7.97% | +1.62% | +5.01% | +2.86% | -1.31% | -0.02% | +8.10% | +0.87% | +3.31% |
| 2019 | +10.28% | +4.48% | +0.03% | +3.95% | -2.87% | +3.66% | +0.67% | -1.33% | +1.54% | +0.79% | +0.89% | +3.79% | +28.40% |
| 2018 | +1.34% | -1.93% | -1.82% | +1.42% | -1.24% | -0.28% | +0.97% | +0.80% | +0.65% | -4.84% | -0.60% | -4.65% | -9.95% |
| 2017 | -0.05% | +2.99% | -0.84% | +2.83% | +0.76% | -0.11% | +1.87% | +7.63% |
Drawdown analysis of CEFS (SABA CLOSED-END FUNDS ETF)
The maximum drawdown for the CEFS was -39.03%, occurring on Mar 23, 2020. Recovery took 170 trading sessions.
The current CEFS drawdown is -2.06%.
Since Jun 13, 2017 CEFS has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.03% | Feb 20, 2020 | 22 | Mar 23, 2020 | 170 | Nov 20, 2020 | 192 |
| -16.85% | Nov 16, 2021 | 150 | Jun 23, 2022 | 154 | Feb 2, 2023 | 304 |
| -16.63% | Jan 25, 2018 | 229 | Dec 21, 2018 | 41 | Feb 22, 2019 | 270 |
| -13.36% | Feb 18, 2025 | 34 | Apr 7, 2025 | 40 | Jun 4, 2025 | 74 |
| -11.03% | Aug 1, 2023 | 62 | Oct 27, 2023 | 23 | Nov 30, 2023 | 85 |
| -9.99% | Feb 2, 2023 | 34 | Mar 23, 2023 | 55 | Jun 12, 2023 | 89 |
| -5.93% | Jul 15, 2024 | 15 | Aug 5, 2024 | 16 | Aug 27, 2024 | 31 |
| -5.85% | Mar 28, 2024 | 13 | Apr 17, 2024 | 17 | May 10, 2024 | 30 |
| -5.66% | Feb 26, 2026 | 22 | Mar 30, 2026 | 7 | Apr 9, 2026 | 29 |
| -4.45% | Dec 11, 2024 | 6 | Dec 19, 2024 | 18 | Jan 17, 2025 | 24 |
| -4.29% | May 3, 2019 | 20 | Jun 3, 2019 | 13 | Jun 20, 2019 | 33 |
| -3.72% | Jul 17, 2019 | 21 | Aug 15, 2019 | 43 | Oct 16, 2019 | 64 |
| -3.65% | Dec 28, 2023 | 3 | Jan 3, 2024 | 16 | Jan 26, 2024 | 19 |
| -3.28% | Oct 30, 2025 | 15 | Nov 20, 2025 | 5 | Nov 28, 2025 | 20 |
| -3.13% | Oct 24, 2017 | 16 | Nov 15, 2017 | 24 | Dec 20, 2017 | 40 |
| -3.06% | Aug 4, 2017 | 4 | Aug 10, 2017 | 24 | Sep 14, 2017 | 28 |
| -2.90% | Nov 8, 2024 | 5 | Nov 15, 2024 | 7 | Nov 26, 2024 | 12 |
| -2.87% | Jul 2, 2026 | 11 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -2.80% | May 14, 2026 | 3 | May 19, 2026 | 5 | May 27, 2026 | 8 |
| -2.79% | Jan 21, 2025 | 4 | Jan 27, 2025 | 14 | Feb 14, 2025 | 18 |
| -2.64% | Oct 1, 2024 | 22 | Oct 31, 2024 | 6 | Nov 8, 2024 | 28 |
| -2.42% | Jan 21, 2021 | 6 | Jan 29, 2021 | 10 | Feb 12, 2021 | 16 |
| -2.37% | Jun 2, 2026 | 3 | Jun 5, 2026 | 6 | Jun 15, 2026 | 9 |
| -2.13% | Jul 2, 2021 | 10 | Jul 19, 2021 | 15 | Aug 9, 2021 | 25 |
| -2.11% | Apr 30, 2021 | 8 | May 12, 2021 | 6 | May 20, 2021 | 14 |