361 Domestic Long/Short Equity Fund (ADMQX)
The investment seeks to achieve long-term capital appreciation; the fund also seeks to preserve capital in down markets. In pursuing its investment objectives, the fund seeks to invest at least 80% of the value of its net assets (which include borrowings for investment purposes) in equity securities such as common stocks, warrants and rights of issuers that are organized in the United States and the securities of which are principally traded on a major U.S. exchange. It employs a strategy of taking long and short positions in equity securities publicly traded in the U.S.
Fund Info
| ISIN | US46141Q5273 |
|---|---|
| CUSIP | 46141Q527 |
| Issuer | 361 Funds |
| Inception Date | Mar 30, 2016 |
| Category | Long-Short |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
ADMQX has a high expense ratio of 1.79%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 361 Domestic Long/Short Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
361 Domestic Long/Short Equity Fund had a return of -3.25% year-to-date (YTD) and -0.42% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.25% | 13.20% |
| 1 month | -13.75% | -1.28% |
| 6 months | -5.17% | 10.32% |
| 1 year | -0.42% | 18.23% |
| 5 years (annualized) | 3.22% | 12.31% |
| 10 years (annualized) | N/A | 10.58% |
Monthly Returns
The table below presents the monthly returns of ADMQX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.22% | 4.01% | 2.06% | -0.76% | 1.78% | 2.74% | -3.25% | ||||||
| 2023 | 1.48% | -4.26% | 0.14% | 0.97% | -3.57% | 2.14% | -1.12% | 1.27% | -2.23% | -0.43% | 4.01% | 1.65% | -0.27% |
| 2022 | 0.45% | -0.79% | 0.57% | -1.58% | 3.32% | -5.54% | 2.58% | -4.11% | -6.91% | 5.89% | 4.35% | -0.50% | -3.08% |
| 2021 | -3.82% | -0.61% | 1.03% | 4.98% | 2.22% | -0.95% | 4.58% | 4.38% | -4.46% | 3.02% | 0.80% | 10.68% | 23.05% |
| 2020 | 0.39% | -5.16% | -2.57% | 2.85% | 2.77% | 0.10% | 5.88% | 3.01% | -1.19% | -2.87% | -1.14% | 2.49% | 4.10% |
| 2019 | 4.53% | 3.32% | 0.98% | 1.45% | -2.66% | 3.13% | 1.80% | -1.58% | -0.85% | 0.76% | 0.85% | -0.19% | 11.89% |
| 2018 | 5.64% | -2.19% | 0.72% | -0.71% | 0.72% | -0.44% | 0.98% | 2.39% | -0.34% | -5.03% | 0.09% | -6.74% | -5.36% |
| 2017 | -0.40% | 2.12% | 0.39% | 2.16% | 1.83% | -1.79% | 1.83% | 0.47% | -0.19% | 2.83% | 2.20% | -0.73% | 11.13% |
| 2016 | -0.30% | 1.40% | -0.00% | 2.08% | -1.65% | -0.30% | -2.17% | 0.20% | 1.37% | 0.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ADMQX is 3, indicating that it is in the bottom 3% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 361 Domestic Long/Short Equity Fund (ADMQX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
361 Domestic Long/Short Equity Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $1.16 | $3.42 | $0.44 | $0.40 | $0.77 | $0.26 | $0.09 |
Dividend yield | 0.00% | 0.00% | 15.67% | 38.60% | 4.29% | 3.90% | 8.12% | 2.40% | 0.94% |
Monthly Dividends
The table displays the monthly dividend distributions for 361 Domestic Long/Short Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $1.16 | $1.16 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.42 | $3.42 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2016 | $0.09 | $0.09 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the 361 Domestic Long/Short Equity 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 361 Domestic Long/Short Equity Fund was 22.24%, occurring on Mar 23, 2020. Recovery took 91 trading sessions.
The current 361 Domestic Long/Short Equity Fund drawdown is 14.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.24% | Feb 20, 2020 | 23 | Mar 23, 2020 | 91 | Jul 31, 2020 | 114 |
| -14.89% | Sep 14, 2018 | 70 | Dec 24, 2018 | 147 | Jul 26, 2019 | 217 |
| -14.49% | Apr 21, 2022 | 121 | Oct 12, 2022 | 351 | Mar 7, 2024 | 472 |
| -14.27% | Jul 11, 2024 | 10 | Jul 24, 2024 | — | — | — |
| -10.84% | Oct 14, 2020 | 99 | Mar 8, 2021 | 89 | Jul 14, 2021 | 188 |
Volatility
Volatility Chart
The current 361 Domestic Long/Short Equity Fund volatility is 14.25%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.