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ALPS/Smith Balanced Opportunity Fund (ALIBX) Sharpe Ratio: 2.32

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund invests in a mix of equity and fixed-income securities, with a focus on common and preferred stocks as well as various types of debt securities including corporate bonds and mortgage-backed securities.

ALIBX's Sharpe Ratio of 2.32 indicates that for each unit of volatility, it generates 2.32 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ALIBX Sharpe Ratio Rank

ALIBX Sharpe Ratio Rank: 75.275
Above Average

ALIBX ranks above 75.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

ALIBX Sharpe Ratio Market Positioning

The chart shows ALIBX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.33 or lower
  • Yellow zone (middle 50%): 1.33 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.32+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares ALPS/Smith Balanced Opportunity Fund's Sharpe Ratio with other mutual funds in the Diversified Portfolio category across multiple time periods, showing how ALIBX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
STDAXSEI Asset Allocation Trust Defensive Strategy Allocation Fund4.74
TIBIXThornburg Investment Income Builder Fund Class I4.28
NWQIXNuveen Flexible Income Fund3.75
EKBAXAllspring Diversified Capital Builder Fund3.39
AYBLXPioneer Balanced ESG Fund3.30
FMUAXFederated Hermes Municipal and Stock Advantage Fund3.29
AOBLXVictory Pioneer Balanced Fund Class A3.28
IPFCXPoplar Forest Cornerstone Fund2.91
FIQWXFidelity Advisor Strategic Dividend & Income Fund Class Z2.81
FORTXAbraham Fortress Fund2.80
ALIBXALPS/Smith Balanced Opportunity Fund2.32

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ALIBX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ALIBX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does ALIBX fit in your portfolio?

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