AB All China Equity Portfolio (ACEYX)

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AB All China Equity Portfolio (ACEYX) is up 1.4% since the beginning of the year. ACEYX is currently trading at $10 per share. Investors who bought $1,000 worth of ACEYX shares 5 years ago would now be looking at an investment worth $906.

AB All China Equity Portfolio (ACEYX) has returned 1.38% so far this year and 21.02% over the past 12 months.

Based on dividend-adjusted daily data since Jul 25, 2018, ACEYX's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, an investment would double in approximately 14.5 years.

Historically, 53% of months were positive and 47% were negative. The best month was Nov 2022 with a return of +23.0%, while the worst month was Oct 2022 at -13.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ACEYX closed higher 49% of trading days. The best single day was Mar 17, 2022 with a return of +12.9%, while the worst single day was Mar 16, 2020 at -9.7%.

AB All China Equity Portfolio has an annualized alpha of -3.70%, beta of 0.62, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since July 25, 2018.

• This fund participated in 71.50% of S&P 500 Index downside but only 40.95% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.62 may look defensive, but with R2 of 0.26 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 0.26 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.

ACEYX has a high expense ratio of 1.25%, indicating above-average management fees.

ACEYX ranks 17 for risk / return — in the bottom 17% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

AB All China Equity Portfolio provided a 4.90% dividend yield over the last twelve months, with an annual payout of $0.50 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for AB All China Equity Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the AB All China Equity Portfolio. 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 AB All China Equity Portfolio was 57.58%, occurring on Oct 31, 2022. The portfolio has not yet recovered.

The current AB All China Equity Portfolio drawdown is 24.79%.

The chart below shows the rolling one-month volatility.