GAFYX's Sortino Ratio of 2.27 indicates that for each unit of downside volatility, it generates 2.27 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
GAFYX Sortino Ratio Rank
GAFYX ranks above 50.3% of all investments in our database based on Sortino Ratio over the past 12 months, indicating moderate downside protection relative to peers. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Returns are proportional to downside risk—neither strong nor weak
- Evaluate whether downside volatility aligns with your risk tolerance
- Review higher-ranked alternatives in the same category
- Monitor rank direction to identify improving or deteriorating trends
GAFYX Sortino Ratio Market Positioning
The chart shows GAFYX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.55 or lower
- Yellow zone (middle 50%): 1.55 to 2.78
- Green zone (top 25%): 2.78 or higher
- Top 1%: 8.78+
- Median: 2.27 — half of all investments score higher
How it compares to other similar mutual funds
The table compares AlphaSimplex Global Alternatives Fund's Sortino Ratio with other mutual funds in the Multistrategy category across multiple time periods, showing how GAFYX'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 Jul 14, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| SRRIX | Stone Ridge Reinsurance Risk Premium Interval Fund | 38.10 | |||
| ARBIX | Absolute Convertible Arbitrage Fund Institutional Shares | 14.24 | |||
| FCRIX | FS Credit Income Fund Class I | 11.19 | |||
| ADAIX | AQR Diversified Arbitrage Fund Class I | 8.04 | |||
| BXMIX | Blackstone Alternative Multi-Strategy Fund | 7.93 | |||
| ADANX | AQR Diversified Arbitrage Fund Class N | 7.80 | |||
| FSLTX | Strategic Advisers Alternatives Fund | 6.60 | |||
| SHRIX | Stone Ridge High Yield Reinsurance Risk Premium Fund Class I | 5.94 | |||
| SPATX | Symmetry Panoramic Alternatives Fund | 5.59 | |||
| QRPRX | AQR Alternative Risk Premia R6 | 5.20 | |||
| GAFYX | AlphaSimplex Global Alternatives Fund | 2.27 |
Historical Sortino Ratio
The chart shows GAFYX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when GAFYX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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IHow does GAFYX fit in your portfolio?
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