ABYAX vs. ABYIX

Last updated Apr 1, 2026

Compare and contrast key facts about Abbey Capital Futures Strategy Fund Class A (ABYAX) and Abbey Capital Futures Strategy Fund Class I (ABYIX).

ABYAX is managed by Abbey Capital. It was launched on Aug 29, 2014. ABYIX is managed by Abbey Capital. It was launched on Jul 1, 2014.

Performance

ABYAX vs. ABYIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abbey Capital Futures Strategy Fund Class A (ABYAX) and Abbey Capital Futures Strategy Fund Class I (ABYIX). The values are adjusted to include any dividend payments, if applicable.

ABYAX vs. ABYIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABYAX Abbey Capital Futures Strategy Fund Class A	4.46%	1.47%	0.77%	-3.55%	16.76%	3.19%	7.59%	8.65%	-6.49%	-0.26%
ABYIX Abbey Capital Futures Strategy Fund Class I	4.62%	1.62%	1.11%	-3.29%	17.06%	3.39%	7.92%	8.84%	-6.15%	-0.09%

Returns By Period

The year-to-date returns for both investments are quite close, with ABYAX having a 4.46% return and ABYIX slightly higher at 4.62%. Over the past 10 years, ABYAX has underperformed ABYIX with an annualized return of 2.58%, while ABYIX has yielded a comparatively higher 2.84% annualized return.

ABYAX

• 1D: 0.00%
• 1M: -1.38%
• YTD: 4.46%
• 6M: 7.57%
• 1Y: 8.17%
• 3Y*: 2.13%
• 5Y*: 3.46%
• 10Y*: 2.58%

ABYIX

• 1D: 0.00%
• 1M: -1.28%
• YTD: 4.62%
• 6M: 7.68%
• 1Y: 8.38%
• 3Y*: 2.42%
• 5Y*: 3.73%
• 10Y*: 2.84%

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

ABYAX vs. ABYIX - Expense Ratio Comparison

ABYAX has a 2.04% expense ratio, which is higher than ABYIX's 1.79% expense ratio.

ABYAX

Abbey Capital Futures Strategy Fund Class A

ABYIX

Abbey Capital Futures Strategy Fund Class I

Return for Risk

ABYAX vs. ABYIX — Risk / Return Rank

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

ABYAX

ABYAX Risk / Return Rank: 49
ABYAX Sharpe Ratio Rank: 55
ABYAX Sortino Ratio Rank: 53
ABYAX Omega Ratio Rank: 42
ABYAX Calmar Ratio Rank: 67
ABYAX Martin Ratio Rank: 28

ABYIX

ABYIX Risk / Return Rank: 53
ABYIX Sharpe Ratio Rank: 60
ABYIX Sortino Ratio Rank: 58
ABYIX Omega Ratio Rank: 47
ABYIX Calmar Ratio Rank: 70
ABYIX 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.

ABYAX vs. ABYIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abbey Capital Futures Strategy Fund Class A (ABYAX) and Abbey Capital Futures Strategy Fund Class I (ABYIX). 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.

	ABYAX	ABYIX	Difference
Sharpe ratio Return per unit of total volatility	1.02	1.06	-0.04
Sortino ratio Return per unit of downside risk	1.45	1.51	-0.05
Omega ratio Gain probability vs. loss probability	1.19	1.20	-0.01
Calmar ratio Return relative to maximum drawdown	1.54	1.59	-0.05
Martin ratio Return relative to average drawdown	3.04	3.20	-0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABYAX vs. ABYIX - Sharpe Ratio Comparison

The current ABYAX Sharpe Ratio is 1.02, which is comparable to the ABYIX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of ABYAX and ABYIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ABYAX	ABYIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	1.06	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.47	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.36	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.53	-0.08

Correlation

The correlation between ABYAX and ABYIX is 0.99, 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

ABYAX vs. ABYIX - Dividend Comparison

ABYAX's dividend yield for the trailing twelve months is around 1.22%, less than ABYIX's 1.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABYAX Abbey Capital Futures Strategy Fund Class A	1.22%	1.27%	1.68%	0.99%	15.33%	3.57%	1.36%	8.50%	0.00%	0.00%	0.00%	0.06%
ABYIX Abbey Capital Futures Strategy Fund Class I	1.27%	1.33%	2.10%	2.03%	15.24%	3.68%	1.54%	8.70%	0.14%	0.00%	0.00%	0.24%

Drawdowns

ABYAX vs. ABYIX - Drawdown Comparison

The maximum ABYAX drawdown since its inception was -17.96%, roughly equal to the maximum ABYIX drawdown of -17.13%. Use the drawdown chart below to compare losses from any high point for ABYAX and ABYIX.

Drawdown Indicators

	ABYAX	ABYIX	Difference
Max Drawdown Largest peak-to-trough decline	-17.96%	-17.13%	-0.83%
Max Drawdown (1Y) Largest decline over 1 year	-4.30%	-4.36%	+0.06%
Max Drawdown (5Y) Largest decline over 5 years	-15.23%	-14.66%	-0.57%
Max Drawdown (10Y) Largest decline over 10 years	-15.23%	-14.74%	-0.49%
Current Drawdown Current decline from peak	-3.92%	-3.02%	-0.90%
Average Drawdown Average peak-to-trough decline	-7.30%	-6.74%	-0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	2.43%	+0.06%

Volatility

ABYAX vs. ABYIX - Volatility Comparison

The current volatility for Abbey Capital Futures Strategy Fund Class A (ABYAX) is 1.85%, while Abbey Capital Futures Strategy Fund Class I (ABYIX) has a volatility of 1.96%. This indicates that ABYAX experiences smaller price fluctuations and is considered to be less risky than ABYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABYAX	ABYIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.85%	1.96%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	6.40%	6.43%	-0.03%
Volatility (1Y) Calculated over the trailing 1-year period	7.63%	7.65%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.98%	8.01%	-0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.98%	8.00%	-0.02%