- Issuer
- Alpha Growth Management
- Region
- North America (U.S.)
- Category
- Multistrategy
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
Highlights
- Avg. Volume (1M)
- 0
- Avg. Volume Value (1M)
- $0.00
Share Price Chart
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Performance
AAACX Performance Chart
Alpha Alternative Assets Fund (AAACX) is up 4.7% since the beginning of the year. AAACX is currently trading at $7 per share. Investors who bought $1,000 worth of AAACX shares 5 years ago would now be looking at an investment worth $940.
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Returns By Period
Alpha Alternative Assets Fund (AAACX) has returned 4.68% so far this year and 7.11% over the past 12 months.
Alpha Alternative Assets Fund
- 1D
- 0.00%
- 1M
- 0.33%
- 6M
- 4.20%
- YTD
- 4.68%
- 1Y
- 7.11%
- 3Y*
- 6.26%
- 5Y*
- -1.24%
- 10Y*
- —
- ALL TIME*
- -0.13%
Benchmark (S&P 500 Index)
- 1D
- 0.05%
- 1M
- 0.73%
- 6M
- 7.18%
- YTD
- 8.28%
- 1Y
- 16.48%
- 3Y*
- 17.51%
- 5Y*
- 10.93%
- 10Y*
- 13.07%
- ALL TIME*
- 8.07%
AAACX Monthly Returns History
Based on dividend-adjusted daily data since Oct 1, 2019, AAACX's average daily return is 0.00%, while the average monthly return is +0.02%. At this rate, an investment would double in approximately 288.8 years.
Historically, 55% of months were positive and 45% were negative. The best month was Nov 2020 with a return of +6.1%, while the worst month was Jan 2022 at -10.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 10 months.
On a daily basis, AAACX closed higher 32% of trading days. The best single day was Nov 2, 2020 with a return of +6.0%, while the worst single day was Jan 14, 2022 at -5.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.78% | 0.46% | 0.85% | 0.31% | 1.09% | 0.80% | 0.31% | 4.68% | |||||
| 2025 | -0.79% | 1.74% | 0.80% | -0.78% | 1.41% | 0.34% | 0.00% | 0.31% | 0.40% | 0.79% | 5.48% | -3.39% | 6.27% |
| 2024 | 0.32% | 0.48% | 0.26% | 0.32% | -0.48% | 0.47% | 0.32% | 0.48% | 3.30% | -0.16% | -1.10% | 1.54% | 5.85% |
| 2023 | 1.86% | -1.98% | 2.74% | -0.15% | -0.62% | 0.66% | -0.32% | 0.16% | 1.06% | -0.32% | 0.48% | 0.19% | 3.75% |
| 2022 | -10.77% | -0.13% | -1.17% | -2.88% | -0.99% | -3.65% | 1.66% | -0.44% | -1.24% | -1.36% | -0.15% | -0.77% | -20.30% |
| 2021 | -0.89% | -0.70% | 1.40% | 0.50% | -0.20% | -1.65% | -1.34% | 1.15% | -1.57% | -0.00% | -2.76% | -0.24% | -6.20% |
Benchmark Metrics
Alpha Alternative Assets Fund has an annualized alpha of -1.06%, beta of 0.08, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since October 01, 2019.
- This fund participated in 27.70% of S&P 500 Index downside but only 10.30% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.08 may look defensive, but with R2 of 0.04 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.04 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.06%
- Beta
- 0.08
- R²
- 0.04
- Upside Capture
- 10.30%
- Downside Capture
- 27.70%
Return for Risk
Risk / Return Rank
AAACX ranks 48 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Alpha Alternative Assets Fund (AAACX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAACX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 2.12 | 1.24 | +0.88 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.82 | -0.18 |
| Martin ratioReturn relative to average drawdown | 4.00 | 7.79 | -3.80 |
Dividends
Dividend History
Alpha Alternative Assets Fund provided a 5.56% dividend yield over the last twelve months, with an annual payout of $0.36 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.33 | $0.20 | $0.49 | $0.30 | $1.02 | $0.59 | $0.17 |
Dividend yield | 5.56% | 5.15% | 3.11% | 7.84% | 4.68% | 12.02% | 5.87% | 1.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Alpha Alternative Assets Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.03 | $0.00 | $0.18 | |||||
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.33 |
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.20 |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.03 | $0.49 |
| 2022 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.30 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.70 | $1.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Alpha Alternative Assets Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Alpha Alternative Assets Fund was 28.76%, occurring on Mar 9, 2023. The portfolio has not yet recovered.
The current Alpha Alternative Assets Fund drawdown is 12.70%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-28.76%Mar 2023 | 2y 5mo | — | 5y 9moOct 2020 - now | — |
-6.50%Mar 2020 | 1mo 2d | 5mo 15d | 6mo 17dFeb 2020 - Sep 2020 | COVID crash2020 |
-2.42%Sep 2020 | 6d | 9d | 15dSep 2020 - Oct 2020 | — |
-1.49%Nov 2019 | 1mo | 2d | 1mo 2dOct 2019 - Nov 2019 | — |
-1.45%Dec 2019 | 5d | 10d | 15dDec 2019 - Jan 2020 | — |
Drawdown Indicators
| AAACX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.76% | -56.78% | +28.02% |
Max Drawdown (1Y)Largest decline over 1 year | -4.44% | -9.10% | +4.66% |
Max Drawdown (3Y)Largest decline over 3 years | -4.44% | -18.90% | +14.46% |
Max Drawdown (5Y)Largest decline over 5 years | -24.67% | -25.43% | +0.76% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -12.70% | -2.60% | -10.10% |
Average DrawdownAverage peak-to-trough decline | -16.36% | -10.70% | -5.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.12% | -0.30% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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