ALPS/Red Rocks Global Opportunity Fund (LPEFX)

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The chart shows the growth of an initial investment of $10,000 in ALPS/Red Rocks Global Opportunity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

ALPS/Red Rocks Global Opportunity Fund (LPEFX) has returned -17.57% so far this year and -13.21% over the past 12 months. Over the last ten years, LPEFX has returned 8.14% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 31, 2007, LPEFX's average daily return is +0.02%, while the average monthly return is +0.52%. At this rate, your investment would double in approximately 11.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +27.1%, while the worst month was Oct 2008 at -33.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, LPEFX closed higher 50% of trading days. The best single day was Dec 9, 2021 with a return of +27.4%, while the worst single day was Dec 10, 2021 at -22.2%.

ALPS/Red Rocks Global Opportunity Fund has an annualized alpha of -1.85%, beta of 0.78, and R² of 0.50 versus S&P 500 Index. Calculated based on daily prices since January 02, 2008.

• This fund participated in 122.70% of S&P 500 Index downside but only 104.82% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.50 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

LPEFX has a high expense ratio of 1.46%, indicating above-average management fees.

LPEFX ranks 1 for risk / return — in the bottom 1% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for ALPS/Red Rocks Global Opportunity Fund (LPEFX) and compare them to a chosen benchmark (S&P 500 Index).

ALPS/Red Rocks Global Opportunity Fund provided a 18.65% dividend yield over the last twelve months, with an annual payout of $0.87 per share.

The table displays the monthly dividend distributions for ALPS/Red Rocks Global Opportunity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the ALPS/Red Rocks Global Opportunity 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 ALPS/Red Rocks Global Opportunity Fund was 77.00%, occurring on Mar 9, 2009. Recovery took 2000 trading sessions.

The current ALPS/Red Rocks Global Opportunity Fund drawdown is 27.97%.

The chart below shows the rolling one-month volatility.