ABRSX vs. ADOIX

Last updated Jun 25, 2026

ABRSX (ABR 50/50 Volatility Fund) and ADOIX (ACM Dynamic Opportunity Fund) are both Long-Short funds. Over the past 5 years, ABRSX returned 5.46%/yr vs 10.58%/yr for ADOIX. A 0.62 correlation means they provide meaningful diversification when combined. ABRSX charges 2.00%/yr vs 1.72%/yr for ADOIX.

Performance

ABRSX vs. ADOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ABR 50/50 Volatility Fund (ABRSX) and ACM Dynamic Opportunity Fund (ADOIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABRSX achieves a 2.63% return, which is significantly lower than ADOIX's 10.90% return.

ABRSX

• 1D: -1.32%
• 1M: 2.87%
• YTD: 2.63%
• 6M: 1.88%
• 1Y: 22.01%
• 3Y*: 10.45%
• 5Y*: 5.46%
• 10Y*: —

ADOIX

• 1D: -3.25%
• 1M: 0.48%
• YTD: 10.90%
• 6M: 9.44%
• 1Y: 19.30%
• 3Y*: 25.92%
• 5Y*: 10.58%
• 10Y*: 9.88%

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

ABRSX vs. ADOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABRSX ABR 50/50 Volatility Fund	2.63%	6.22%	13.84%	38.75%	-34.12%	40.73%	5.69%	79.73%	-47.83%	6.74%
ADOIX ACM Dynamic Opportunity Fund	10.90%	10.02%	54.06%	6.71%	-12.83%	0.94%	22.46%	2.36%	-0.97%	2.95%

Correlation

The correlation between ABRSX and ADOIX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017	0.62

The correlation between ABRSX and ADOIX has been stable across timeframes, ranging from 0.62 to 0.68 - a consistent structural relationship.

Return for Risk

ABRSX vs. ADOIX — Risk / Return Rank

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

ABRSX

ABRSX Risk / Return Rank: 25
ABRSX Sharpe Ratio Rank: 25
ABRSX Sortino Ratio Rank: 23
ABRSX Omega Ratio Rank: 30
ABRSX Calmar Ratio Rank: 20
ABRSX Martin Ratio Rank: 27

ADOIX

ADOIX Risk / Return Rank: 34
ADOIX Sharpe Ratio Rank: 34
ADOIX Sortino Ratio Rank: 30
ADOIX Omega Ratio Rank: 32
ADOIX Calmar Ratio Rank: 43
ADOIX Martin Ratio Rank: 30

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.

ABRSX vs. ADOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ABR 50/50 Volatility Fund (ABRSX) and ACM Dynamic Opportunity Fund (ADOIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ABRSX	ADOIX	Difference
Sharpe ratio: Return per unit of total volatility	1.25	1.46	-0.21
Sortino ratio: Return per unit of downside risk	1.74	1.99	-0.25
Omega ratio: Gain probability vs. loss probability	1.25	1.26	-0.01
Calmar ratio: Return relative to maximum drawdown	1.43	2.27	-0.85
Martin ratio: Return relative to average drawdown	5.65	6.13	-0.47

ABRSX vs. ADOIX - Sharpe Ratio Comparison

The current ABRSX Sharpe Ratio is 1.25, which is comparable to the ADOIX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of ABRSX and ADOIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABRSX vs. ADOIX - Drawdown Comparison

The maximum ABRSX drawdown since its inception was -49.78%, which is greater than ADOIX's maximum drawdown of -21.99%. Use the drawdown chart below to compare losses from any high point for ABRSX and ADOIX.

Drawdown Indicators

	ABRSX	ADOIX	Difference
Max Drawdown Largest peak-to-trough decline	-49.78%	-21.99%	-27.79%
Max Drawdown (1Y) Largest decline over 1 year	-19.12%	-9.15%	-9.97%
Max Drawdown (3Y) Largest decline over 3 years	-27.83%	-14.75%	-13.08%
Max Drawdown (5Y) Largest decline over 5 years	-44.57%	-21.61%	-22.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.99%	—
Current Drawdown Current decline from peak	-1.75%	-3.25%	+1.50%
Average Drawdown Average peak-to-trough decline	-15.85%	-5.99%	-9.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	3.39%	+1.43%

Volatility

ABRSX vs. ADOIX - Volatility Comparison

The current volatility for ABR 50/50 Volatility Fund (ABRSX) is 5.98%, while ACM Dynamic Opportunity Fund (ADOIX) has a volatility of 6.82%. This indicates that ABRSX experiences smaller price fluctuations and is considered to be less risky than ADOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABRSX	ADOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	6.82%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	18.24%	11.49%	+6.75%
Volatility (1Y) Calculated over the trailing 1-year period	21.93%	14.28%	+7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.42%	16.80%	+10.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.15%	14.02%	+22.13%

ABRSX vs. ADOIX - Expense Ratio Comparison

ABRSX has a 2.00% expense ratio, which is higher than ADOIX's 1.72% expense ratio.

Dividends

ABRSX vs. ADOIX - Dividend Comparison

ABRSX's dividend yield for the trailing twelve months is around 0.62%, less than ADOIX's 2.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABRSX ABR 50/50 Volatility Fund	0.62%	0.63%	1.04%	0.00%	0.00%	47.19%	0.00%	10.50%	12.88%	0.99%
ADOIX ACM Dynamic Opportunity Fund	2.58%	2.86%	44.03%	1.32%	6.56%	2.40%	4.34%	0.35%	1.00%	0.00%

Frequently Asked Questions

Can I hold both ABRSX and ADOIX in my portfolio?

ABRSX and ADOIX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABRSX or ADOIX?

ADOIX has higher volatility (6.82%) compared to ABRSX (5.98%). In terms of maximum drawdown, ABRSX dropped -49.78% vs ADOIX's -21.99%.

Which has better risk-adjusted returns?

ADOIX currently has the higher Sharpe Ratio (1.46 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.