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Stone Ridge Diversified Alternatives Fund (SRDAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

Issuer

STONE RIDGE

Inception Date

Apr 29, 2020

Min. Investment

$500,000

Asset Class

Alternatives

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

SRDAX has a high expense ratio of 1.27%, indicating higher-than-average management fees.


Expense ratio chart for SRDAX: current value at 1.27% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.27%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SRDAX vs. QDSIX SRDAX vs. FSMSX SRDAX vs. GAFYX
Popular comparisons:
SRDAX vs. QDSIX SRDAX vs. FSMSX SRDAX vs. GAFYX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Stone Ridge Diversified Alternatives Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


40.00%50.00%60.00%70.00%80.00%90.00%100.00%110.00%JulyAugustSeptemberOctoberNovemberDecember
41.22%
103.64%
SRDAX (Stone Ridge Diversified Alternatives Fund)
Benchmark (^GSPC)

Returns By Period

Stone Ridge Diversified Alternatives Fund had a return of -0.66% year-to-date (YTD) and -0.28% in the last 12 months.


SRDAX

YTD

-0.66%

1M

-6.29%

6M

-0.28%

1Y

-0.28%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of SRDAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.03%-1.30%0.75%0.28%-1.03%0.19%1.13%2.14%2.27%0.44%0.27%-0.66%
20232.24%2.86%0.56%1.75%1.27%0.54%2.05%2.79%2.21%2.24%-0.89%0.45%19.56%
20220.19%0.96%-1.53%0.00%0.87%-2.30%0.10%1.08%-3.59%1.71%2.77%1.93%2.03%
20210.39%0.88%1.26%0.10%0.19%1.24%0.94%1.02%1.75%1.36%-0.72%1.76%10.62%
20202.00%0.39%1.37%-0.96%-1.17%2.66%0.57%0.42%5.34%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SRDAX is 8, meaning it’s performing worse than 92% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SRDAX is 88
Overall Rank
The Sharpe Ratio Rank of SRDAX is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of SRDAX is 88
Sortino Ratio Rank
The Omega Ratio Rank of SRDAX is 88
Omega Ratio Rank
The Calmar Ratio Rank of SRDAX is 88
Calmar Ratio Rank
The Martin Ratio Rank of SRDAX is 88
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Stone Ridge Diversified Alternatives Fund (SRDAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SRDAX, currently valued at -0.02, compared to the broader market-1.000.001.002.003.004.00-0.022.10
The chart of Sortino ratio for SRDAX, currently valued at 0.02, compared to the broader market-2.000.002.004.006.008.0010.000.022.80
The chart of Omega ratio for SRDAX, currently valued at 1.01, compared to the broader market0.501.001.502.002.503.003.501.011.39
The chart of Calmar ratio for SRDAX, currently valued at -0.02, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.023.09
The chart of Martin ratio for SRDAX, currently valued at -0.18, compared to the broader market0.0020.0040.0060.00-0.1813.49
SRDAX
^GSPC

The current Stone Ridge Diversified Alternatives Fund Sharpe ratio is -0.02. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Stone Ridge Diversified Alternatives Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.02
2.10
SRDAX (Stone Ridge Diversified Alternatives Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Stone Ridge Diversified Alternatives Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.402020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020
Dividend$0.00$1.37$0.11$0.78$0.26

Dividend yield

0.00%12.87%1.11%7.54%2.51%

Monthly Dividends

The table displays the monthly dividend distributions for Stone Ridge Diversified Alternatives Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$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
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.37$1.37
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.78$0.78
2020$0.26$0.26

Drawdowns

Drawdowns Chart

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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.76%
-2.62%
SRDAX (Stone Ridge Diversified Alternatives Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Stone Ridge Diversified Alternatives 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 Stone Ridge Diversified Alternatives Fund was 7.76%, occurring on Dec 19, 2024. The portfolio has not yet recovered.

The current Stone Ridge Diversified Alternatives Fund drawdown is 7.76%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-7.76%Dec 18, 20242Dec 19, 2024
-6.33%Feb 24, 2022154Oct 4, 202260Dec 29, 2022214
-3.25%Jul 21, 202035Sep 8, 202044Nov 9, 202079
-2.49%Oct 1, 20247Oct 9, 202415Oct 30, 202422
-2.35%May 29, 202010Jun 11, 202011Jun 26, 202021

Volatility

Volatility Chart

The current Stone Ridge Diversified Alternatives Fund volatility is 7.64%, 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.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
7.64%
3.79%
SRDAX (Stone Ridge Diversified Alternatives Fund)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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