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Alpha Fiduciary Quantitative Strategy Fund (AFQSX)

Mutual Fund · Currency in USD · Last updated Jun 1, 2023

The fund seeks to achieve its investment objective by investing primarily in a portfolio of exchange-traded funds ("ETFs") and equity index futures. It implements a quantitative trend-following strategy by generally holding long positions in S&P 500 Index ETF(s) and equity index futures that provide either long and/or short exposure to the equity markets. The Adviser's quantitative strategy seeks to identify price trends in the equity markets as indicated by the S&P 500 reference index. It is non-diversified.

Fund Info

ISINUS71709W7570
IssuerAlpha Fiduciary
Inception DateDec 30, 2019
CategoryTactical Allocation
Minimum Investment$5,000
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The Alpha Fiduciary Quantitative Strategy Fund has a high expense ratio of 1.70%, indicating higher-than-average management fees.


1.70%
0.00%2.15%

Share Price Chart


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Performance

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


-8.00%-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%2023FebruaryMarchAprilMay
5.57%
2.54%
AFQSX (Alpha Fiduciary Quantitative Strategy Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

Return

Alpha Fiduciary Quantitative Strategy Fund had a return of 3.97% year-to-date (YTD) and -12.30% in the last 12 months. Over the past 10 years, Alpha Fiduciary Quantitative Strategy Fund had an annualized return of -3.33%, while the S&P 500 had an annualized return of 7.85%, indicating that Alpha Fiduciary Quantitative Strategy Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month3.97%0.29%
Year-To-Date3.97%8.86%
6 months5.57%2.44%
1 year-12.30%1.15%
5 years (annualized)-3.33%7.85%
10 years (annualized)-3.33%7.85%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.63%-3.90%3.58%-1.27%
20222.68%1.54%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Alpha Fiduciary Quantitative Strategy Fund (AFQSX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AFQSX
Alpha Fiduciary Quantitative Strategy Fund
-0.81
^GSPC
S&P 500
0.02

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 Alpha Fiduciary Quantitative Strategy Fund Sharpe ratio is -0.81. 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.


-1.00-0.500.002023FebruaryMarchAprilMay
-0.81
0.02
AFQSX (Alpha Fiduciary Quantitative Strategy Fund)
Benchmark (^GSPC)

Dividend History


Alpha Fiduciary Quantitative Strategy Fund doesn't pay dividends

Drawdowns Chart

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


-26.00%-24.00%-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%2023FebruaryMarchAprilMay
-19.95%
-12.86%
AFQSX (Alpha Fiduciary Quantitative Strategy Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Alpha Fiduciary Quantitative Strategy 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 Alpha Fiduciary Quantitative Strategy Fund is 46.18%, recorded on Jun 26, 2020. It took 343 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-46.18%Feb 20, 202090Jun 26, 2020343Nov 4, 2021433
-29.02%Jan 5, 2022194Oct 12, 2022
-7.27%Nov 17, 202110Dec 1, 202116Dec 23, 202126
-4.99%Jan 21, 20209Jan 31, 20203Feb 5, 202012
-1.57%Nov 9, 20212Nov 10, 20214Nov 16, 20216

Volatility Chart

The current Alpha Fiduciary Quantitative Strategy Fund volatility is 3.40%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%2023FebruaryMarchAprilMay
3.40%
3.67%
AFQSX (Alpha Fiduciary Quantitative Strategy Fund)
Benchmark (^GSPC)