PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Acuitas US Microcap Fund (AFMCX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS34984Y8075
CUSIP34984Y807
IssuerAcuitas Investments
Inception DateJul 18, 2014
CategorySmall Cap Blend Equities
Min. Investment$100,000
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

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


Expense ratio chart for AFMCX: current value at 1.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.50%

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.


Acuitas US Microcap Fund

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

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Acuitas US Microcap Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


100.00%120.00%140.00%160.00%December2024FebruaryMarchAprilMay
123.00%
167.77%
AFMCX (Acuitas US Microcap Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Acuitas US Microcap Fund had a return of 1.95% year-to-date (YTD) and 16.82% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date1.95%11.24%
1 month2.41%4.04%
6 months16.23%16.49%
1 year16.82%26.17%
5 years (annualized)10.15%13.76%
10 years (annualized)N/A10.70%

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
2024-3.52%5.67%3.97%-7.42%1.95%
202312.05%-2.51%-5.07%-3.56%0.70%8.03%4.77%-3.94%-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%14.07%1.42%2.48%2.05%2.01%-2.63%1.29%-3.81%3.27%-4.27%3.38%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%14.07%
20199.61%4.43%-1.16%1.95%-8.24%4.91%0.30%-4.56%2.08%4.07%4.40%3.38%21.88%
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%1.96%-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%0.88%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%-3.98%-2.91%5.43%2.67%-1.32%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 24, indicating that it is in the bottom 24% 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.


The Risk-Adjusted Performance Rank of AFMCX is 2424
AFMCX (Acuitas US Microcap Fund)
The Sharpe Ratio Rank of AFMCX is 2020Sharpe Ratio Rank
The Sortino Ratio Rank of AFMCX is 2222Sortino Ratio Rank
The Omega Ratio Rank of AFMCX is 1818Omega Ratio Rank
The Calmar Ratio Rank of AFMCX is 3535Calmar Ratio Rank
The Martin Ratio Rank of AFMCX is 2727Martin 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.


AFMCX
Sharpe ratio
The chart of Sharpe ratio for AFMCX, currently valued at 0.90, compared to the broader market-1.000.001.002.003.004.000.90
Sortino ratio
The chart of Sortino ratio for AFMCX, currently valued at 1.45, compared to the broader market-2.000.002.004.006.008.0010.0012.001.45
Omega ratio
The chart of Omega ratio for AFMCX, currently valued at 1.16, compared to the broader market1.002.003.004.001.16
Calmar ratio
The chart of Calmar ratio for AFMCX, currently valued at 0.65, compared to the broader market0.005.0010.0015.000.65
Martin ratio
The chart of Martin ratio for AFMCX, currently valued at 2.91, compared to the broader market0.0020.0040.0060.0080.002.91
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.43, compared to the broader market-1.000.001.002.003.004.002.43
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.44, compared to the broader market-2.000.002.004.006.008.0010.0012.003.44
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.96, compared to the broader market0.005.0010.0015.001.96
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.23, compared to the broader market0.0020.0040.0060.0080.009.23

Sharpe Ratio

The current Acuitas US Microcap Fund Sharpe ratio is 0.90. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Acuitas US Microcap Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
0.90
2.43
AFMCX (Acuitas US Microcap Fund)
Benchmark (^GSPC)

Dividends

Dividend History

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


PeriodTTM202320222021202020192018201720162015
Dividend$0.00$0.00$0.73$1.25$0.00$0.01$2.57$0.47$0.11$0.68

Dividend yield

0.00%0.00%6.40%8.34%0.00%0.10%28.38%3.58%0.92%6.58%

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
2024$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$0.73$0.73
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.25$1.25
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$0.01$0.01
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.57$2.57
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.47$0.47
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2015$0.68$0.68

Drawdowns

Drawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-10.04%
-0.29%
AFMCX (Acuitas US Microcap Fund)
Benchmark (^GSPC)

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 10.04%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-51.84%Sep 4, 2018387Mar 18, 2020182Dec 4, 2020569
-31.02%Nov 8, 2021153Jun 16, 2022
-17.72%Jun 24, 2015161Feb 11, 2016103Jul 11, 2016264
-9.4%Sep 3, 201428Oct 10, 201415Oct 31, 201443
-9.39%Jun 9, 202128Jul 19, 202176Nov 3, 2021104

Volatility

Volatility Chart

The current Acuitas US Microcap Fund volatility is 4.28%, 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.


2.00%4.00%6.00%8.00%December2024FebruaryMarchAprilMay
4.28%
3.00%
AFMCX (Acuitas US Microcap Fund)
Benchmark (^GSPC)