ADEIX vs. AAIIX
ADEIX (Ancora Dividend Value Equity Fund) and AAIIX (Ancora Income Fund) are both mutual funds - ADEIX is a Large Cap Value Equities fund managed by Ancora, while AAIIX is a Intermediate Core-Plus Bond fund managed by Ancora. Over the past 5 years, ADEIX returned 7.78%/yr vs 1.75%/yr for AAIIX. Their 0.52 correlation means they have sometimes moved together and sometimes differently. ADEIX charges 1.21%/yr vs 2.20%/yr for AAIIX.
Performance
ADEIX vs. AAIIX - Performance Comparison
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Returns By Period
In the year-to-date period, ADEIX achieves a 6.81% return, which is significantly higher than AAIIX's 2.03% return.
ADEIX
- 1D
- 0.65%
- 1M
- 2.89%
- 6M
- 6.75%
- YTD
- 6.81%
- 1Y
- 9.57%
- 3Y*
- 11.27%
- 5Y*
- 7.78%
- 10Y*
- —
- ALL TIME*
- 10.68%
AAIIX
- 1D
- 0.43%
- 1M
- 0.64%
- 6M
- -0.01%
- YTD
- 2.03%
- 1Y
- 3.74%
- 3Y*
- 6.12%
- 5Y*
- 1.75%
- 10Y*
- 2.82%
- ALL TIME*
- 1.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AAIIX Ancora Income Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
ADEIX vs. AAIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ADEIX Ancora Dividend Value Equity Fund | 6.81% | 7.64% | 12.59% | 13.93% | -11.41% | 27.35% | 8.93% | 14.82% |
AAIIX Ancora Income Fund | 2.03% | 2.28% | 9.23% | 9.46% | -14.32% | 9.21% | 3.72% | 3.86% |
Correlation
The correlation between ADEIX and AAIIX is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (All Time) Calculated using the full available price history since May 15, 2019 | 0.52 |
The correlation between ADEIX and AAIIX has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.
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Return for Risk
ADEIX vs. AAIIX — Risk / Return Rank
ADEIX
AAIIX
ADEIX vs. AAIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ancora Dividend Value Equity Fund (ADEIX) and Ancora Income Fund (AAIIX). 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.
| ADEIX | AAIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.00 | +0.38 |
| Martin ratioReturn relative to average drawdown | 4.58 | 2.68 | +1.90 |
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Drawdowns
ADEIX vs. AAIIX - Drawdown Comparison
The maximum ADEIX drawdown since its inception was -94.85%, roughly equal to the maximum AAIIX drawdown of -98.01%. Use the drawdown chart below to compare losses from any high point for ADEIX and AAIIX.
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Drawdown Indicators
| ADEIX | AAIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.85% | -98.01% | +3.16% |
Max Drawdown (1Y)Largest decline over 1 year | -8.03% | -4.19% | -3.84% |
Max Drawdown (3Y)Largest decline over 3 years | -94.85% | -98.01% | +3.16% |
Max Drawdown (5Y)Largest decline over 5 years | -94.85% | -98.01% | +3.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.01% | — |
Current DrawdownCurrent decline from peak | -93.21% | -97.79% | +4.58% |
Average DrawdownAverage peak-to-trough decline | -24.11% | -12.97% | -11.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 1.57% | +0.85% |
Volatility
ADEIX vs. AAIIX - Volatility Comparison
Ancora Dividend Value Equity Fund (ADEIX) has a higher volatility of 3.00% compared to Ancora Income Fund (AAIIX) at 0.98%. This indicates that ADEIX's price experiences larger fluctuations and is considered to be riskier than AAIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADEIX | AAIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 0.98% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 8.37% | 3.43% | +4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 4.51% | +6.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 698.70% | 2,046.08% | -1,347.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 581.29% | 1,446.22% | -864.93% |
ADEIX vs. AAIIX - Expense Ratio Comparison
ADEIX has a 1.21% expense ratio, which is lower than AAIIX's 2.20% expense ratio.
Dividends
ADEIX vs. AAIIX - Dividend Comparison
ADEIX's dividend yield for the trailing twelve months is around 3.17%, less than AAIIX's 4.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAIIX Ancora Income Fund | 4.89% | 4.09% | 4.57% | 4.77% | 4.52% | 4.46% | 5.68% | 3.96% | 4.36% | 5.69% | 6.40% | 6.99% |
ADEIX Ancora Dividend Value Equity Fund | 3.17% | 3.38% | 0.54% | 1.30% | 1.43% | 1.06% | 1.23% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ADEIX and AAIIX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADEIX has higher volatility (3.00%) compared to AAIIX (0.98%). In terms of maximum drawdown, ADEIX dropped -94.85% vs AAIIX's -98.01%.
ADEIX currently has the higher Sharpe Ratio (1.00 vs 0.93), 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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