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ABRZX vs. CRTOX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ABRZX vs. CRTOX

Last updated Jun 24, 2026

ABRZX (Invesco Balanced-Risk Allocation Fund Class A) and CRTOX (Potomac Tactical Opportunities Fund) are both Tactical Allocation funds. Over the past 5 years, ABRZX returned 3.97%/yr vs 4.72%/yr for CRTOX. At a 0.47 correlation, their price movements are largely independent. ABRZX charges 1.41%/yr vs 1.63%/yr for CRTOX.

Performance

ABRZX vs. CRTOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Balanced-Risk Allocation Fund Class A (ABRZX) and Potomac Tactical Opportunities Fund (CRTOX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ABRZX achieves a 17.65% return, which is significantly higher than CRTOX's 11.45% return.

ABRZX

1D
-0.41%
1M
-1.54%
YTD
17.65%
6M
17.36%
1Y
24.57%
3Y*
11.10%
5Y*
3.97%
10Y*
4.70%

CRTOX

1D
0.18%
1M
5.77%
YTD
11.45%
6M
9.76%
1Y
29.98%
3Y*
9.91%
5Y*
4.72%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ABRZX vs. CRTOX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
ABRZX
Invesco Balanced-Risk Allocation Fund Class A		17.65%8.20%3.14%5.97%-14.96%9.36%14.50%
CRTOX
Potomac Tactical Opportunities Fund		11.45%11.98%8.39%15.76%-14.53%-2.00%19.81%

Correlation

The correlation between ABRZX and CRTOX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.43

Correlation (5Y)
Calculated over the trailing 5-year period

0.45

Correlation (All Time)
Calculated using the full available price history since Jul 1, 2020

0.47

Compare stocks, funds, or ETFs

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Invesco Balanced-Risk Allocation Fund Class A

Potomac Tactical Opportunities Fund

Often compared with ABRZX:
ABRZX vs. HFSAXABRZX vs. TTIFXABRZX vs. GUGABRZX vs. MOJOXABRZX vs. SFHYXABRZX vs. PMYRXABRZX vs. GPIFX
Often compared with CRTOX:
CRTOX vs. CRTBXCRTOX vs. CRMVXCRTOX vs. SFHYXCRTOX vs. GPIFXCRTOX vs. GOIIXCRTOX vs. CRDBXCRTOX vs. COTZX

Return for Risk

ABRZX vs. CRTOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ABRZX
ABRZX Risk / Return Rank: 8888
Overall Rank
ABRZX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
ABRZX Sortino Ratio Rank: 8080
Sortino Ratio Rank
ABRZX Omega Ratio Rank: 8383
Omega Ratio Rank
ABRZX Calmar Ratio Rank: 9696
Calmar Ratio Rank
ABRZX Martin Ratio Rank: 9494
Martin Ratio Rank
CRTOX
CRTOX Risk / Return Rank: 6464
Overall Rank
CRTOX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
CRTOX Sortino Ratio Rank: 6161
Sortino Ratio Rank
CRTOX Omega Ratio Rank: 7373
Omega Ratio Rank
CRTOX Calmar Ratio Rank: 7272
Calmar Ratio Rank
CRTOX Martin Ratio Rank: 5454
Martin Ratio Rank
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.

ABRZX vs. CRTOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Balanced-Risk Allocation Fund Class A (ABRZX) and Potomac Tactical Opportunities Fund (CRTOX). 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.

ABRZXCRTOXDifference
Sharpe ratioReturn per unit of total volatility
2.65
2.07

+0.58

Sortino ratioReturn per unit of downside risk
3.50
2.99

+0.51

Omega ratioGain probability vs. loss probability

1.51

1.44

+0.07

Calmar ratioReturn relative to maximum drawdown

5.80

3.13

+2.67

Martin ratioReturn relative to average drawdown

18.85

10.30

+8.56

ABRZX vs. CRTOX - Sharpe Ratio Comparison

The current ABRZX Sharpe Ratio is 2.65, which is comparable to the CRTOX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of ABRZX and CRTOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ABRZX vs. CRTOX - Drawdown Comparison

The maximum ABRZX drawdown since its inception was -26.62%, smaller than the maximum CRTOX drawdown of -98.92%. Use the drawdown chart below to compare losses from any high point for ABRZX and CRTOX.

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Drawdown Indicators

ABRZXCRTOXDifference

Max Drawdown

Largest peak-to-trough decline

-26.62%

-98.92%

+72.30%

Max Drawdown (1Y)

Largest decline over 1 year

-4.25%

-9.93%

+5.68%

Max Drawdown (3Y)

Largest decline over 3 years

-18.28%

-98.92%

+80.64%

Max Drawdown (5Y)

Largest decline over 5 years

-19.33%

-98.92%

+79.59%

Max Drawdown (10Y)

Largest decline over 10 years

-26.62%

—

—

Current Drawdown

Current decline from peak

-2.93%

-98.45%

+95.52%

Average Drawdown

Average peak-to-trough decline

-4.74%

-33.16%

+28.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.30%

3.01%

-1.71%

Volatility

ABRZX vs. CRTOX - Volatility Comparison

The current volatility for Invesco Balanced-Risk Allocation Fund Class A (ABRZX) is 3.04%, while Potomac Tactical Opportunities Fund (CRTOX) has a volatility of 5.76%. This indicates that ABRZX experiences smaller price fluctuations and is considered to be less risky than CRTOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ABRZXCRTOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.04%

5.76%

-2.72%

Volatility (6M)

Calculated over the trailing 6-month period

8.16%

11.46%

-3.30%

Volatility (1Y)

Calculated over the trailing 1-year period

9.31%

15.01%

-5.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.25%

3,569.14%

-3,556.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.93%

3,263.87%

-3,252.94%

ABRZX vs. CRTOX - Expense Ratio Comparison

ABRZX has a 1.41% expense ratio, which is lower than CRTOX's 1.63% expense ratio.

Dividends

ABRZX vs. CRTOX - Dividend Comparison

ABRZX's dividend yield for the trailing twelve months is around 2.87%, less than CRTOX's 11.03% yield.

PositionTTM20252024202320222021202020192018201720162015
ABRZX
Invesco Balanced-Risk Allocation Fund Class A		2.87%3.38%13.28%2.21%0.00%26.02%1.18%6.49%0.00%6.43%4.41%6.91%
CRTOX
Potomac Tactical Opportunities Fund		11.03%12.29%4.58%0.67%0.00%15.16%2.98%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

ABRZX and CRTOX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CRTOX has higher volatility (5.76%) compared to ABRZX (3.04%). In terms of maximum drawdown, ABRZX dropped -26.62% vs CRTOX's -98.92%.

ABRZX currently has the higher Sharpe Ratio (2.65 vs 2.07), 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.

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