ABRVX vs. ADOIX

Last updated Jun 24, 2026

ABRVX (ABR Dynamic Blend Equity & Volatility Fund) and ADOIX (ACM Dynamic Opportunity Fund) are both Long-Short funds. Over the past 10 years, ABRVX returned 6.54%/yr vs 10.24%/yr for ADOIX. A 0.65 correlation means they provide meaningful diversification when combined. ABRVX charges 1.98%/yr vs 1.72%/yr for ADOIX.

Performance

ABRVX vs. ADOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ABR Dynamic Blend Equity & Volatility Fund (ABRVX) 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, ABRVX achieves a 5.90% return, which is significantly lower than ADOIX's 14.62% return. Over the past 10 years, ABRVX has underperformed ADOIX with an annualized return of 6.54%, while ADOIX has yielded a comparatively higher 10.24% annualized return.

ABRVX

• 1D: -0.42%
• 1M: -2.31%
• YTD: 5.90%
• 6M: 4.88%
• 1Y: 15.72%
• 3Y*: 6.56%
• 5Y*: 0.34%
• 10Y*: 6.54%

ADOIX

• 1D: 0.23%
• 1M: 3.85%
• YTD: 14.62%
• 6M: 13.17%
• 1Y: 24.76%
• 3Y*: 27.31%
• 5Y*: 11.45%
• 10Y*: 10.24%

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

ABRVX vs. ADOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABRVX ABR Dynamic Blend Equity & Volatility Fund	5.90%	-0.70%	11.76%	8.89%	-27.36%	15.95%	49.42%	9.08%	-3.28%	9.50%
ADOIX ACM Dynamic Opportunity Fund	14.62%	10.02%	54.06%	6.71%	-12.83%	0.94%	22.46%	2.36%	-0.97%	17.86%

Correlation

The correlation between ABRVX and ADOIX is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.65

The correlation between ABRVX and ADOIX shifts across timeframes, from 0.65 (10 years) to 0.75 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ABRVX vs. ADOIX — Risk / Return Rank

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

ABRVX

ABRVX Risk / Return Rank: 40
ABRVX Sharpe Ratio Rank: 39
ABRVX Sortino Ratio Rank: 38
ABRVX Omega Ratio Rank: 41
ABRVX Calmar Ratio Rank: 44
ABRVX Martin Ratio Rank: 39

ADOIX

ADOIX Risk / Return Rank: 46
ADOIX Sharpe Ratio Rank: 47
ADOIX Sortino Ratio Rank: 43
ADOIX Omega Ratio Rank: 43
ADOIX Calmar Ratio Rank: 60
ADOIX Martin Ratio Rank: 37

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.

ABRVX vs. ADOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ABR Dynamic Blend Equity & Volatility Fund (ABRVX) 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.

	ABRVX	ADOIX	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.87	-0.18
Sortino ratio: Return per unit of downside risk	2.39	2.55	-0.16
Omega ratio: Gain probability vs. loss probability	1.32	1.33	-0.01
Calmar ratio: Return relative to maximum drawdown	2.41	2.84	-0.43
Martin ratio: Return relative to average drawdown	8.02	7.68	+0.35

ABRVX vs. ADOIX - Sharpe Ratio Comparison

The current ABRVX Sharpe Ratio is 1.69, which is comparable to the ADOIX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of ABRVX 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

ABRVX vs. ADOIX - Drawdown Comparison

The maximum ABRVX drawdown since its inception was -29.71%, which is greater than ADOIX's maximum drawdown of -21.99%. Use the drawdown chart below to compare losses from any high point for ABRVX and ADOIX.

Drawdown Indicators

	ABRVX	ADOIX	Difference
Max Drawdown Largest peak-to-trough decline	-29.71%	-21.99%	-7.72%
Max Drawdown (1Y) Largest decline over 1 year	-6.93%	-9.15%	+2.22%
Max Drawdown (3Y) Largest decline over 3 years	-20.65%	-14.75%	-5.90%
Max Drawdown (5Y) Largest decline over 5 years	-29.71%	-21.61%	-8.10%
Max Drawdown (10Y) Largest decline over 10 years	-29.71%	-21.99%	-7.72%
Current Drawdown Current decline from peak	-7.52%	0.00%	-7.52%
Average Drawdown Average peak-to-trough decline	-11.36%	-6.00%	-5.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	3.38%	-1.30%

Volatility

ABRVX vs. ADOIX - Volatility Comparison

The current volatility for ABR Dynamic Blend Equity & Volatility Fund (ABRVX) is 3.65%, while ACM Dynamic Opportunity Fund (ADOIX) has a volatility of 5.86%. This indicates that ABRVX 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

	ABRVX	ADOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	5.86%	-2.21%
Volatility (6M) Calculated over the trailing 6-month period	7.28%	11.02%	-3.74%
Volatility (1Y) Calculated over the trailing 1-year period	9.87%	13.91%	-4.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.56%	16.73%	-4.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.70%	14.00%	-0.30%

ABRVX vs. ADOIX - Expense Ratio Comparison

ABRVX has a 1.98% expense ratio, which is higher than ADOIX's 1.72% expense ratio.

Dividends

ABRVX vs. ADOIX - Dividend Comparison

ABRVX's dividend yield for the trailing twelve months is around 1.19%, less than ADOIX's 2.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ABRVX ABR Dynamic Blend Equity & Volatility Fund	1.19%	1.26%	2.07%	0.00%	0.00%	8.33%	24.49%	0.80%	3.95%	3.26%	1.29%
ADOIX ACM Dynamic Opportunity Fund	2.50%	2.86%	44.03%	1.32%	6.56%	2.40%	4.34%	0.35%	1.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ABRVX and ADOIX in my portfolio?

ABRVX and ADOIX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABRVX or ADOIX?

ADOIX has higher volatility (5.86%) compared to ABRVX (3.65%). In terms of maximum drawdown, ABRVX dropped -29.71% vs ADOIX's -21.99%.

Which has better risk-adjusted returns?

ADOIX currently has the higher Sharpe Ratio (1.87 vs 1.69), 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.