Quantified Alternative Investment Fund (QALTX)
The fund will primarily invest indirectly in alternative investments by using exchange-traded funds ("ETFs"), open-end mutual funds and other registered investment companies. The Subadviser defines "Alternative Investment" as any security or instrument that the Subadviser expects to have returns with a low or negative return correlation with the S&P 500 Index over time.
Fund Info
ISIN | US00771F7078 |
---|---|
CUSIP | 00771F707 |
Issuer | Advisors Preferred |
Inception Date | Aug 8, 2013 |
Category | Macro Trading |
Min. Investment | $10,000 |
Asset Class | Multi-Asset |
Expense Ratio
QALTX has a high expense ratio of 1.33%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Quantified Alternative Investment 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
Quantified Alternative Investment Fund had a return of 6.97% year-to-date (YTD) and 11.17% in the last 12 months. Over the past 10 years, Quantified Alternative Investment Fund had an annualized return of 23.86%, outperforming the S&P 500 benchmark which had an annualized return of 10.84%.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 6.97% | 10.00% |
1 month | -0.21% | 2.41% |
6 months | 10.54% | 16.70% |
1 year | 11.17% | 26.85% |
5 years (annualized) | 4.24% | 12.81% |
10 years (annualized) | 23.86% | 10.84% |
Monthly Returns
The table below presents the monthly returns of QALTX, 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 | 1.24% | 3.89% | 2.35% | -2.72% | 6.97% | ||||||||
2023 | 0.34% | -1.45% | -0.23% | 0.57% | -1.13% | 4.32% | 2.40% | -2.24% | -2.62% | -2.91% | 3.46% | 2.53% | 2.76% |
2022 | -2.42% | 0.93% | 0.82% | -0.71% | 0.10% | -3.06% | 0.32% | -1.05% | -4.88% | 3.13% | 2.06% | -3.35% | -8.13% |
2021 | 2.60% | 3.12% | -0.00% | 1.70% | 0.65% | 0.74% | -0.55% | 1.29% | -3.18% | 3.94% | -1.90% | 3.01% | 11.76% |
2020 | 0.20% | -7.05% | -9.97% | 1.68% | 1.18% | 0.82% | 3.60% | 3.58% | -2.27% | -2.21% | 7.47% | 5.37% | 1.01% |
2019 | 50.08% | 47.01% | 47.57% | 44.82% | 39.70% | 4.41% | 0.42% | 0.21% | 0.10% | 0.94% | 0.73% | 3.54% | 629.33% |
2018 | 4.78% | -7.79% | -1.96% | -0.42% | 0.84% | -0.94% | 0.63% | 2.72% | -0.92% | -2.89% | 0.42% | -3.21% | -8.89% |
2017 | 2.02% | 1.52% | -0.21% | 1.29% | 1.17% | -0.10% | 2.53% | 0.72% | 0.61% | 2.74% | 0.99% | 1.30% | 15.54% |
2016 | -3.88% | 0.35% | 2.86% | 0.89% | -0.44% | 1.33% | 3.29% | -2.65% | 0.54% | -1.95% | -0.00% | -0.74% | -0.63% |
2015 | -0.51% | 3.03% | -0.81% | -1.03% | 0.83% | -2.36% | 0.94% | -4.48% | -1.31% | 1.66% | 0.00% | -0.46% | -4.61% |
2014 | -1.89% | 3.94% | -1.20% | -1.50% | 1.33% | 2.53% | -2.65% | 3.19% | -2.64% | -0.09% | 1.12% | -1.22% | 0.64% |
2013 | -3.40% | 4.24% | 2.68% | 2.41% | 2.31% | 8.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QALTX is 42, 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.
QALTX (Quantified Alternative Investment Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Quantified Alternative Investment Fund (QALTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Quantified Alternative Investment Fund granted a 3.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.32 | $0.32 | $0.15 | $1.27 | $0.00 | $14.81 | $0.01 | $0.31 | $0.00 | $0.12 | $1.08 | $0.23 |
Dividend yield | 3.32% | 3.55% | 1.73% | 12.79% | 0.00% | 149.47% | 0.07% | 3.12% | 0.04% | 1.30% | 11.31% | 2.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Quantified Alternative Investment 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 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.27 | $1.27 |
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 | $0.00 |
2019 | $2.97 | $2.92 | $2.93 | $2.93 | $2.92 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $14.81 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
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 | $0.00 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.08 | $1.08 |
2013 | $0.23 | $0.23 |
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 Quantified Alternative Investment 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 Quantified Alternative Investment Fund was 22.90%, occurring on Mar 23, 2020. Recovery took 201 trading sessions.
The current Quantified Alternative Investment Fund drawdown is 0.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-22.9% | Feb 20, 2020 | 23 | Mar 23, 2020 | 201 | Jan 7, 2021 | 224 |
-15.57% | Jan 29, 2018 | 229 | Dec 24, 2018 | 10 | Jan 9, 2019 | 239 |
-13.17% | Apr 21, 2022 | 228 | Mar 17, 2023 | — | — | — |
-11.73% | Jul 7, 2014 | 389 | Jan 20, 2016 | 390 | Aug 7, 2017 | 779 |
-5.66% | Jan 23, 2014 | 8 | Feb 3, 2014 | 17 | Feb 27, 2014 | 25 |
Volatility
Volatility Chart
The current Quantified Alternative Investment Fund volatility is 2.05%, 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.