Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | +0.38% | -4.00% | -5.71% | -9.90% | -12.00% | -14.15% | -8.30% | -8.02% | -3.70% | -5.05% |
| Market-price total return | +1.52% | -2.91% | -2.57% | -3.92% | -2.33% | -2.75% | +2.93% | +2.39% | +6.98% | +4.98% |
| NAV return | +0.82% | -0.32% | +0.82% | -4.04% | -4.64% | -3.74% | -3.37% | -4.31% | -3.04% | -3.64% |
| NAV total return | +0.82% | -0.32% | +2.77% | +0.65% | +3.79% | +6.73% | +7.75% | +6.37% | +7.30% | +5.69% |
Performance through Oct 15, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.10% | 0.09% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.14% | 0.12% | as above |
| Volatility, 5 years | 0.18% | 0.13% | as above |
| Maximum drawdown, 3 years | -24.48% | -17.27% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | -0.07 | 0.35 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | -0.10 | 0.52 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.48 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.51 | — | as above |
| Observations (3y) | 752 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for XAI Madison Equity Premium Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.