ACP vs. MOFIX
Compare and contrast key facts about abrdn Income Credit Strategies Fund (ACP) and Mercer Opportunistic Fixed Income Fund (MOFIX).
ACP is an actively managed fund by abrdn. It was launched on Jan 27, 2011. MOFIX is managed by Mercer Funds. It was launched on Aug 20, 2013.
Performance
ACP vs. MOFIX - Performance Comparison
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ACP vs. MOFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ACP abrdn Income Credit Strategies Fund | -1.66% | 6.48% | 4.81% | 19.27% | -22.87% | 6.65% | 7.51% | 0.80% |
MOFIX Mercer Opportunistic Fixed Income Fund | -2.95% | 8.60% | 2.23% | 12.22% | -11.57% | -1.15% | 5.31% | 3.18% |
Returns By Period
In the year-to-date period, ACP achieves a -1.66% return, which is significantly higher than MOFIX's -2.95% return.
ACP
- 1D
- 1.80%
- 1M
- -6.39%
- YTD
- -1.66%
- 6M
- -4.24%
- 1Y
- 2.16%
- 3Y*
- 8.57%
- 5Y*
- -0.72%
- 10Y*
- 6.58%
MOFIX
- 1D
- 0.12%
- 1M
- -2.83%
- YTD
- -2.95%
- 6M
- -2.34%
- 1Y
- 3.22%
- 3Y*
- 5.07%
- 5Y*
- 1.68%
- 10Y*
- —
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ACP vs. MOFIX - Expense Ratio Comparison
ACP has a 1.97% expense ratio, which is higher than MOFIX's 0.44% expense ratio.
Return for Risk
ACP vs. MOFIX — Risk / Return Rank
ACP
MOFIX
ACP vs. MOFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Income Credit Strategies Fund (ACP) and Mercer Opportunistic Fixed Income Fund (MOFIX). 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.
| ACP | MOFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 0.99 | -0.85 |
Sortino ratioReturn per unit of downside risk | 0.28 | 1.30 | -1.02 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.22 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.15 | 0.99 | -0.84 |
Martin ratioReturn relative to average drawdown | 0.48 | 4.05 | -3.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ACP | MOFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.99 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.24 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.29 | -0.11 |
Correlation
The correlation between ACP and MOFIX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ACP vs. MOFIX - Dividend Comparison
ACP's dividend yield for the trailing twelve months is around 18.24%, more than MOFIX's 3.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACP abrdn Income Credit Strategies Fund | 18.24% | 17.19% | 19.72% | 17.65% | 17.70% | 11.76% | 12.73% | 12.27% | 12.60% | 10.26% | 10.72% | 12.69% |
MOFIX Mercer Opportunistic Fixed Income Fund | 3.42% | 3.32% | 6.91% | 6.44% | 3.81% | 4.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ACP vs. MOFIX - Drawdown Comparison
The maximum ACP drawdown since its inception was -51.03%, which is greater than MOFIX's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for ACP and MOFIX.
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Drawdown Indicators
| ACP | MOFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.03% | -19.96% | -31.07% |
Max Drawdown (1Y)Largest decline over 1 year | -12.07% | -3.52% | -8.55% |
Max Drawdown (5Y)Largest decline over 5 years | -40.97% | -19.00% | -21.97% |
Max Drawdown (10Y)Largest decline over 10 years | -51.03% | — | — |
Current DrawdownCurrent decline from peak | -11.74% | -3.40% | -8.34% |
Average DrawdownAverage peak-to-trough decline | -11.17% | -5.27% | -5.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 0.86% | +2.89% |
Volatility
ACP vs. MOFIX - Volatility Comparison
abrdn Income Credit Strategies Fund (ACP) has a higher volatility of 5.12% compared to Mercer Opportunistic Fixed Income Fund (MOFIX) at 1.42%. This indicates that ACP's price experiences larger fluctuations and is considered to be riskier than MOFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ACP | MOFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.12% | 1.42% | +3.70% |
Volatility (6M)Calculated over the trailing 6-month period | 9.06% | 2.12% | +6.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 3.86% | +11.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.63% | 7.25% | +10.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.03% | 7.25% | +13.78% |