Acclivity Small Cap Value Fund (AXVIX)
The investment seeks long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its total assets in equity securities of small cap U.S. companies. The Adviser defines a small capitalization value company as any company that simultaneously meets the following two requirements: (i) be in the lowest 8% of U.S. aggregate market capitalization; and (ii) exhibit a low market value relative to its book value. The fund will also use futures and options on futures contracts for U.S. equity securities and indices, and exchange-traded-funds ("ETFs") to adjust market exposure or manage cash needs.
Fund Info
| ISIN | US66538F3635 |
|---|---|
| CUSIP | 66538F363 |
| Issuer | Innealta Capital |
| Inception Date | Dec 31, 2018 |
| Category | Small Cap Value Equities |
| Min. Investment | $20,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
AXVIX has a high expense ratio of 3.64%, indicating higher-than-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.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Acclivity Small Cap Value 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
Acclivity Small Cap Value Fund had a return of 5.74% year-to-date (YTD) and 14.53% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.74% | 13.20% |
| 1 month | 8.96% | -1.28% |
| 6 months | 7.24% | 10.32% |
| 1 year | 14.53% | 18.23% |
| 5 years (annualized) | 14.20% | 12.31% |
| 10 years (annualized) | N/A | 10.58% |
Monthly Returns
The table below presents the monthly returns of AXVIX, 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 | -3.11% | 1.88% | 4.95% | -6.42% | 4.54% | -2.91% | 5.74% | ||||||
| 2023 | 9.77% | -1.19% | -6.96% | -2.52% | -1.59% | 10.36% | 7.07% | -3.02% | -4.28% | -5.27% | 8.67% | 12.18% | 22.62% |
| 2022 | -2.92% | 1.29% | 0.55% | -5.19% | 3.37% | -10.04% | 10.06% | -2.67% | -10.10% | 14.57% | 5.21% | -5.53% | -4.41% |
| 2021 | 5.08% | 10.60% | 7.36% | 2.39% | 4.86% | -2.05% | -2.15% | 2.58% | -1.65% | 3.36% | -2.05% | 5.69% | 38.61% |
| 2020 | -6.12% | -9.06% | -28.29% | 17.22% | 4.62% | 3.06% | 3.41% | 5.53% | -4.73% | 5.18% | 18.49% | 7.25% | 7.52% |
| 2019 | 13.20% | 3.00% | -3.52% | 3.91% | -10.61% | 6.70% | 0.81% | -7.30% | 5.85% | 1.81% | 2.85% | 2.54% | 18.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AXVIX is 45, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Acclivity Small Cap Value Fund (AXVIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Acclivity Small Cap Value Fund granted a 0.95% dividend yield in the last twelve months. The annual payout for that period amounted to $0.19 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.68 | $0.41 | $0.25 | $0.08 |
Dividend yield | 0.95% | 1.00% | 4.41% | 2.43% | 2.02% | 0.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Acclivity Small Cap Value 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 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2019 | $0.08 | $0.08 |
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 Acclivity Small Cap Value 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 Acclivity Small Cap Value Fund was 48.08%, occurring on Mar 18, 2020. Recovery took 174 trading sessions.
The current Acclivity Small Cap Value Fund drawdown is 0.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.08% | Feb 21, 2019 | 271 | Mar 18, 2020 | 174 | Nov 23, 2020 | 445 |
| -18.62% | Jan 18, 2022 | 178 | Sep 30, 2022 | 80 | Jan 26, 2023 | 258 |
| -17.14% | Feb 3, 2023 | 63 | May 4, 2023 | 58 | Jul 28, 2023 | 121 |
| -13.26% | Aug 1, 2023 | 63 | Oct 27, 2023 | 32 | Dec 13, 2023 | 95 |
| -11.3% | Jun 9, 2021 | 28 | Jul 19, 2021 | 69 | Oct 25, 2021 | 97 |
Volatility
Volatility Chart
The current Acclivity Small Cap Value Fund volatility is 6.58%, 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.