PortfoliosLab logo

Adirondack Small Cap Fund (ADKSX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

The fund seeks to achieve its objective by investing in a diversified portfolio of undervalued common stocks of small capitalization companies as determined by the fund's investment advisor. Small capitalization companies are defined by the investment advisor as issuers that, have a market capitalization that is within or below the range of companies in the Russell 2000 Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in common stocks of small capitalization companies. The fund may invest up to 15% of its total assets in sponsored ADRs issued by foreign companies.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in Adirondack Small Cap Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $28,389 for a total return of roughly 183.89%. All prices are adjusted for splits and dividends.


140.00%160.00%180.00%200.00%220.00%NovemberDecember2023FebruaryMarch
183.89%
168.22%
ADKSX (Adirondack Small Cap Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ADKSX

Adirondack Small Cap Fund

Return

Adirondack Small Cap Fund had a return of 1.01% year-to-date (YTD) and -0.09% in the last 12 months. Over the past 10 years, Adirondack Small Cap Fund had an annualized return of 6.90%, while the S&P 500 had an annualized return of 9.78%, indicating that Adirondack Small Cap Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-8.13%-1.87%
Year-To-Date1.01%4.25%
6 months11.62%2.64%
1 year-0.09%-10.31%
5 years (annualized)3.95%8.11%
10 years (annualized)6.90%9.78%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202310.21%-1.32%
2022-11.34%13.79%7.25%-1.60%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Adirondack Small Cap Fund Sharpe ratio is -0.00. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50NovemberDecember2023FebruaryMarch
-0.00
-0.44
ADKSX (Adirondack Small Cap Fund)
Benchmark (^GSPC)

Dividend History

Adirondack Small Cap Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.00$0.00$0.00$0.02$0.05$2.33$2.26$0.71$0.66$1.48$0.95$0.04

Dividend yield

0.00%0.00%0.00%0.12%0.28%15.68%11.67%4.04%4.52%9.47%6.15%0.38%

Monthly Dividends

The table displays the monthly dividend distributions for Adirondack Small Cap Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.33
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.26
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.71
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.66
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.48
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.95
2012$0.04

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-9.93%
-16.55%
ADKSX (Adirondack Small Cap Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Adirondack Small Cap Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Adirondack Small Cap Fund is 61.46%, recorded on Mar 9, 2009. It took 270 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.46%Jul 20, 2007412Mar 9, 2009270Apr 5, 2010682
-54.81%Sep 4, 2018390Mar 23, 2020222Feb 8, 2021612
-25.84%May 2, 2011108Oct 3, 2011313Jan 2, 2013421
-22.81%Nov 8, 2021222Sep 26, 202281Jan 23, 2023303
-21.65%Apr 16, 2015209Feb 11, 2016190Nov 11, 2016399
-15.22%Apr 3, 2014134Oct 13, 2014106Mar 18, 2015240
-14.25%May 4, 201044Jul 6, 201084Nov 2, 2010128
-12.4%Feb 3, 202330Mar 17, 2023
-10.15%Jun 14, 202125Jul 19, 202174Nov 1, 202199
-9.45%Jan 16, 201853Apr 2, 201868Jul 9, 2018121

Volatility Chart

Current Adirondack Small Cap Fund volatility is 33.51%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


15.00%20.00%25.00%30.00%35.00%NovemberDecember2023FebruaryMarch
33.51%
22.09%
ADKSX (Adirondack Small Cap Fund)
Benchmark (^GSPC)