PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ADAIX vs. SYMIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ADAIX vs. SYMIX

Last updated Apr 1, 2026

Compare and contrast key facts about AQR Diversified Arbitrage Fund Class I (ADAIX) and AlphaCentric Symmetry Strategy Fund Class I (SYMIX).

ADAIX is an actively managed fund by AQR Funds. It was launched on Jan 15, 2009. SYMIX is managed by AlphaCentric Funds. It was launched on Aug 8, 2019.

Performance

ADAIX vs. SYMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Diversified Arbitrage Fund Class I (ADAIX) and AlphaCentric Symmetry Strategy Fund Class I (SYMIX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

ADAIX vs. SYMIX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
ADAIX
AQR Diversified Arbitrage Fund Class I		0.78%8.03%3.19%4.51%-3.30%6.27%25.24%2.66%
SYMIX
AlphaCentric Symmetry Strategy Fund Class I		2.32%12.36%7.61%0.93%6.09%14.07%-2.60%0.06%

Returns By Period

In the year-to-date period, ADAIX achieves a 0.78% return, which is significantly lower than SYMIX's 2.32% return.

ADAIX

1D
-0.15%
1M
0.08%
YTD
0.78%
6M
2.60%
1Y
6.24%
3Y*
5.17%
5Y*
2.72%
10Y*
6.75%

SYMIX

1D
0.14%
1M
-5.73%
YTD
2.32%
6M
6.24%
1Y
18.33%
3Y*
8.50%
5Y*
6.80%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

AQR Diversified Arbitrage Fund Class I

AlphaCentric Symmetry Strategy Fund Class I

Often compared with ADAIX:
ADAIX vs. QMNIXADAIX vs. QGMIXADAIX vs. QSPIXADAIX vs. PIMIXADAIX vs. AQMIXADAIX vs. QRPIXADAIX vs. QLEIX
Often compared with SYMIX:
SYMIX vs. QSPRXSYMIX vs. SHRIXSYMIX vs. TALTXSYMIX vs. ARBIXSYMIX vs. SRRIXSYMIX vs. QSPNXSYMIX vs. GAAVX

ADAIX vs. SYMIX - Expense Ratio Comparison

ADAIX has a 1.38% expense ratio, which is lower than SYMIX's 1.69% expense ratio.

SYMIX
AlphaCentric Symmetry Strategy Fund Class I
ADAIX
AQR Diversified Arbitrage Fund Class I

Return for Risk

ADAIX vs. SYMIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ADAIX
ADAIX Risk / Return Rank: 9999
Overall Rank
ADAIX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
ADAIX Sortino Ratio Rank: 9999
Sortino Ratio Rank
ADAIX Omega Ratio Rank: 9898
Omega Ratio Rank
ADAIX Calmar Ratio Rank: 9999
Calmar Ratio Rank
ADAIX Martin Ratio Rank: 9999
Martin Ratio Rank
SYMIX
SYMIX Risk / Return Rank: 8181
Overall Rank
SYMIX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
SYMIX Sortino Ratio Rank: 7878
Sortino Ratio Rank
SYMIX Omega Ratio Rank: 7272
Omega Ratio Rank
SYMIX Calmar Ratio Rank: 9090
Calmar Ratio Rank
SYMIX Martin Ratio Rank: 8787
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.

ADAIX vs. SYMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Diversified Arbitrage Fund Class I (ADAIX) and AlphaCentric Symmetry Strategy Fund Class I (SYMIX). 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.

ADAIXSYMIXDifference

Sharpe ratio

Return per unit of total volatility

4.19

1.43

+2.75

Sortino ratio

Return per unit of downside risk

6.86

1.96

+4.90

Omega ratio

Gain probability vs. loss probability

2.06

1.27

+0.79

Calmar ratio

Return relative to maximum drawdown

9.83

2.48

+7.34

Martin ratio

Return relative to average drawdown

37.48

9.22

+28.25

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADAIX vs. SYMIX - Sharpe Ratio Comparison

The current ADAIX Sharpe Ratio is 4.19, which is higher than the SYMIX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of ADAIX and SYMIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

ADAIXSYMIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.19

1.43

+2.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.02

0.63

+0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.56

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.19

0.55

+0.64

Correlation

The correlation between ADAIX and SYMIX is 0.31, 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

ADAIX vs. SYMIX - Dividend Comparison

ADAIX's dividend yield for the trailing twelve months is around 2.10%, while SYMIX has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
ADAIX
AQR Diversified Arbitrage Fund Class I		2.10%2.12%1.23%2.74%0.10%0.65%1.60%2.11%6.53%7.17%7.18%4.93%
SYMIX
AlphaCentric Symmetry Strategy Fund Class I		0.00%0.00%0.00%2.06%9.82%0.25%1.71%2.42%0.00%0.00%0.00%0.00%

Drawdowns

ADAIX vs. SYMIX - Drawdown Comparison

The maximum ADAIX drawdown since its inception was -14.75%, smaller than the maximum SYMIX drawdown of -17.44%. Use the drawdown chart below to compare losses from any high point for ADAIX and SYMIX.

Loading graphics...

Drawdown Indicators

ADAIXSYMIXDifference

Max Drawdown

Largest peak-to-trough decline

-14.75%

-17.44%

+2.69%

Max Drawdown (1Y)

Largest decline over 1 year

-0.64%

-7.06%

+6.42%

Max Drawdown (5Y)

Largest decline over 5 years

-7.40%

-12.20%

+4.80%

Max Drawdown (10Y)

Largest decline over 10 years

-14.75%

—

—

Current Drawdown

Current decline from peak

-0.31%

-5.73%

+5.42%

Average Drawdown

Average peak-to-trough decline

-2.85%

-4.27%

+1.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.17%

1.90%

-1.73%

Volatility

ADAIX vs. SYMIX - Volatility Comparison

The current volatility for AQR Diversified Arbitrage Fund Class I (ADAIX) is 0.38%, while AlphaCentric Symmetry Strategy Fund Class I (SYMIX) has a volatility of 4.52%. This indicates that ADAIX experiences smaller price fluctuations and is considered to be less risky than SYMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

ADAIXSYMIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.38%

4.52%

-4.14%

Volatility (6M)

Calculated over the trailing 6-month period

1.11%

9.44%

-8.33%

Volatility (1Y)

Calculated over the trailing 1-year period

1.54%

12.88%

-11.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.69%

10.85%

-8.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.33%

11.04%

-6.71%