AATIX vs. ANCIX

Last updated Apr 1, 2026

Compare and contrast key facts about Ancora/Thelen Small-Mid Cap Fund (AATIX) and Ancora MicroCap Fund (ANCIX).

AATIX is managed by Ancora. It was launched on Jan 2, 2013. ANCIX is managed by Ancora. It was launched on Sep 2, 2008.

Performance

AATIX vs. ANCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ancora/Thelen Small-Mid Cap Fund (AATIX) and Ancora MicroCap Fund (ANCIX). The values are adjusted to include any dividend payments, if applicable.

AATIX vs. ANCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AATIX Ancora/Thelen Small-Mid Cap Fund	-4.99%	4.07%	10.12%	21.23%	-17.34%	24.46%	12.14%	24.90%	-12.42%	19.06%
ANCIX Ancora MicroCap Fund	5.35%	-2.35%	-2.06%	24.98%	-7.92%	37.42%	4.59%	10.98%	-22.08%	17.97%

Returns By Period

AATIX

• 1D: -0.81%
• 1M: -11.51%
• YTD: -4.99%
• 6M: -5.49%
• 1Y: 5.67%
• 3Y*: 8.50%
• 5Y*: 3.56%
• 10Y*: 8.45%

ANCIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AATIX vs. ANCIX - Expense Ratio Comparison

AATIX has a 1.22% expense ratio, which is lower than ANCIX's 1.74% expense ratio.

ANCIX

Ancora MicroCap Fund

AATIX

Ancora/Thelen Small-Mid Cap Fund

Return for Risk

AATIX vs. ANCIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AATIX

AATIX Risk / Return Rank: 11
AATIX Sharpe Ratio Rank: 11
AATIX Sortino Ratio Rank: 12
AATIX Omega Ratio Rank: 11
AATIX Calmar Ratio Rank: 12
AATIX Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AATIX vs. ANCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ancora/Thelen Small-Mid Cap Fund (AATIX) and Ancora MicroCap Fund (ANCIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AATIX	ANCIX	Difference
Sharpe ratio Return per unit of total volatility	0.28	—	—
Sortino ratio Return per unit of downside risk	0.56	—	—
Omega ratio Gain probability vs. loss probability	1.07	—	—
Calmar ratio Return relative to maximum drawdown	0.28	—	—
Martin ratio Return relative to average drawdown	0.89	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AATIX	ANCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	—	—

Correlation

The correlation between AATIX and ANCIX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AATIX vs. ANCIX - Dividend Comparison

AATIX's dividend yield for the trailing twelve months is around 9.23%, less than ANCIX's 15.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AATIX Ancora/Thelen Small-Mid Cap Fund	9.23%	8.77%	0.00%	1.88%	2.21%	23.11%	0.28%	0.05%	7.60%	7.54%	0.14%	1.01%
ANCIX Ancora MicroCap Fund	15.21%	4.30%	0.00%	4.57%	0.00%	0.00%	0.00%	1.52%	14.15%	7.81%	1.60%	15.56%

Drawdowns

Drawdown Indicators

	AATIX	ANCIX	Difference
Max Drawdown Largest peak-to-trough decline	-97.10%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-97.10%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-97.10%	—	—
Current Drawdown Current decline from peak	-96.49%	—	—
Average Drawdown Average peak-to-trough decline	-14.77%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	—	—

Volatility

Volatility by Period

	AATIX	ANCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.16%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1,170.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	827.32%	—	—