AXS Chesapeake Strategy Fund Class I (EQCHX)
The fund makes a combination of investments (i) directly in an actively managed fixed-income portfolio comprised of cash, cash equivalents, securities issued by the U.S. government with one year or less term to maturity and money market funds and (ii) directly or indirectly in a diversified portfolio of futures contracts and futures-related instruments such as forwards and swaps in broadly diversified global markets across a wide range of asset classes, including equities, fixed income, currencies, and commodities, utilizing a portfolio of futures, forwards, options, spot contracts, and swaps.
Fund Info
| ISIN | US46141T3721 |
|---|---|
| CUSIP | 46141T372 |
| Issuer | AXS |
| Inception Date | Sep 10, 2012 |
| Category | Systematic Trend |
| Min. Investment | $5,000 |
| Home Page | www.axsinvestments.com |
| Asset Class | Alternatives |
Expense Ratio
EQCHX has a high expense ratio of 1.91%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: EQCHX vs. BRK-B, EQCHX vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AXS Chesapeake Strategy Fund Class I, 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
AXS Chesapeake Strategy Fund Class I had a return of 8.46% year-to-date (YTD) and 0.70% in the last 12 months. Over the past 10 years, AXS Chesapeake Strategy Fund Class I had an annualized return of 5.41%, while the S&P 500 had an annualized return of 10.55%, indicating that AXS Chesapeake Strategy Fund Class I did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.46% | 7.26% |
| 1 month | -1.08% | -2.63% |
| 6 months | -1.43% | 22.78% |
| 1 year | 0.70% | 22.71% |
| 5 years (annualized) | 6.66% | 11.87% |
| 10 years (annualized) | 5.41% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.82% | 3.89% | 2.64% | |||||||||
| 2023 | -1.04% | -4.22% | -5.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EQCHX is 7, indicating that it is in the bottom 7% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
AXS Chesapeake Strategy Fund Class I(EQCHX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AXS Chesapeake Strategy Fund Class I (EQCHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AXS Chesapeake Strategy Fund Class I granted a 1.68% dividend yield in the last twelve months. The annual payout for that period amounted to $0.20 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.19 | $2.10 | $0.00 | $0.40 | $0.13 | $0.00 | $0.00 | $0.16 | $2.26 |
Dividend yield | 1.68% | 1.82% | 1.54% | 20.40% | 0.00% | 3.86% | 1.18% | 0.00% | 0.00% | 1.34% | 19.36% |
Monthly Dividends
The table displays the monthly dividend distributions for AXS Chesapeake Strategy Fund Class I. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 | $0.20 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.10 |
| 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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 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 |
| 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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $2.26 |
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 AXS Chesapeake Strategy Fund Class I. 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 AXS Chesapeake Strategy Fund Class I was 33.20%, occurring on Sep 24, 2020. Recovery took 364 trading sessions.
The current AXS Chesapeake Strategy Fund Class I drawdown is 6.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.2% | Jan 29, 2018 | 670 | Sep 24, 2020 | 364 | Mar 7, 2022 | 1034 |
| -22.81% | Apr 14, 2015 | 262 | Apr 26, 2016 | 438 | Jan 22, 2018 | 700 |
| -14.11% | Oct 21, 2022 | 301 | Jan 3, 2024 | — | — | — |
| -13.09% | May 21, 2013 | 24 | Jun 24, 2013 | 99 | Nov 12, 2013 | 123 |
| -12.5% | Sep 11, 2012 | 47 | Nov 16, 2012 | 123 | May 16, 2013 | 170 |
Volatility
Volatility Chart
The current AXS Chesapeake Strategy Fund Class I volatility is 2.65%, 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.