PortfoliosLab logo
Acuitas US Microcap Fund (AFMCX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US34984Y8075

CUSIP

34984Y807

Inception Date

Jul 18, 2014

Min. Investment

$100,000

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

AFMCX has a high expense ratio of 1.50%, indicating above-average management fees.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
AFMCX vs. IWC AFMCX vs. VOO
Popular comparisons:

Performance

Performance Chart


Loading data...

Returns By Period

Acuitas US Microcap Fund (AFMCX) returned -13.60% year-to-date (YTD) and -8.74% over the past 12 months. Over the past 10 years, AFMCX returned 6.53% annually, underperforming the S&P 500 benchmark at 10.46%.


AFMCX

YTD

-13.60%

1M

7.44%

6M

-17.53%

1Y

-8.74%

5Y*

12.42%

10Y*

6.53%

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of AFMCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.28%-7.45%-9.27%-2.60%4.30%-13.60%
2024-3.52%5.67%3.97%-7.42%3.82%-3.01%10.08%-2.20%-0.99%-3.06%13.72%-6.70%8.32%
202312.05%-2.51%-5.07%-3.56%0.70%8.03%4.77%-3.93%-4.66%-6.57%7.03%12.47%17.41%
2022-7.89%0.07%-0.65%-11.32%1.81%-6.71%10.84%-0.55%-10.31%9.65%1.12%-4.32%-19.11%
20217.96%14.08%1.42%2.48%2.05%2.01%-2.63%1.29%-3.81%3.27%-4.27%3.37%29.20%
2020-4.99%-7.83%-28.08%15.85%3.98%4.78%2.97%5.99%-2.30%0.96%21.53%9.69%14.06%
20199.61%4.44%-1.16%1.95%-8.24%4.91%0.30%-4.56%2.08%4.07%4.40%3.38%21.89%
20181.97%-4.37%1.47%1.15%6.04%0.93%0.42%5.20%-2.47%-9.73%-0.99%-12.07%-13.26%
2017-3.06%-1.00%2.35%1.97%-2.33%3.37%-0.24%0.24%7.40%1.41%1.31%-1.13%10.32%
2016-7.95%0.21%4.20%2.52%1.18%0.87%5.59%1.00%1.63%-3.47%11.14%3.94%21.56%
2015-4.58%5.80%4.07%-2.18%1.95%2.73%-1.77%-3.97%-2.92%5.43%2.67%-1.33%5.27%
2014-3.60%4.25%-5.27%6.51%-0.59%3.87%4.70%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of AFMCX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of AFMCX is 77
Overall Rank
The Sharpe Ratio Rank of AFMCX is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of AFMCX is 77
Sortino Ratio Rank
The Omega Ratio Rank of AFMCX is 99
Omega Ratio Rank
The Calmar Ratio Rank of AFMCX is 55
Calmar Ratio Rank
The Martin Ratio Rank of AFMCX is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Acuitas US Microcap Fund (AFMCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Acuitas US Microcap Fund Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: -0.33
  • 5-Year: 0.50
  • 10-Year: 0.28
  • All Time: 0.30

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Acuitas US Microcap Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History

Acuitas US Microcap Fund provided a 0.02% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.50%1.00%1.50%2.00%2.50%$0.00$0.05$0.10$0.15$0.20$0.252015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018201720162015
Dividend$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.28

Dividend yield

0.02%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.68%

Monthly Dividends

The table displays the monthly dividend distributions for Acuitas US Microcap Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$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
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$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$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$0.00$0.00
2019$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
2018$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
2017$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
2016$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
2015$0.28$0.28

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.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Acuitas US Microcap 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 Acuitas US Microcap Fund was 51.84%, occurring on Mar 18, 2020. Recovery took 182 trading sessions.

The current Acuitas US Microcap Fund drawdown is 19.71%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-51.84%Sep 4, 2018387Mar 18, 2020182Dec 4, 2020569
-31.09%Dec 3, 202486Apr 8, 2025
-31.02%Nov 8, 2021153Jun 16, 2022601Nov 6, 2024754
-17.72%Jun 24, 2015161Feb 11, 2016103Jul 11, 2016264
-9.4%Sep 3, 201428Oct 10, 201415Oct 31, 201443

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...