AFLIX vs. APFPX

Last updated Aug 1, 2026

AFLIX (Anfield Universal Fixed Income Fund) and APFPX (Artisan Global Unconstrained Fund) are both Nontraditional Bonds funds. Over the past 3 years, AFLIX returned 5.66%/yr vs 9.28%/yr for APFPX. Their -0.19 correlation means they have often moved in opposite directions in the past. AFLIX charges 1.39%/yr vs 1.54%/yr for APFPX.

Performance

AFLIX vs. APFPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anfield Universal Fixed Income Fund (AFLIX) and Artisan Global Unconstrained Fund (APFPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AFLIX achieves a 1.49% return, which is significantly lower than APFPX's 5.21% return.

AFLIX

• 1D: 0.02%
• 1M: -0.09%
• 6M: 1.11%
• YTD: 1.49%
• 1Y: 3.98%
• 3Y*: 5.66%
• 5Y*: 2.80%
• 10Y*: —
• ALL TIME*: 2.39%

APFPX

• 1D: -0.02%
• 1M: 0.88%
• 6M: 3.18%
• YTD: 5.21%
• 1Y: 11.35%
• 3Y*: 9.28%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.59%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AFLIX Anfield Universal Fixed Income Fund	$0.00	$0.00	$0.00
APFPX Artisan Global Unconstrained Fund	$0.00	$0.00	$0.00

AFLIX vs. APFPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AFLIX Anfield Universal Fixed Income Fund	1.49%	5.99%	5.51%	7.75%	-1.06%
APFPX Artisan Global Unconstrained Fund	5.21%	10.21%	11.33%	6.67%	6.73%

Correlation

The correlation between AFLIX and APFPX is -0.17, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.17
Correlation (3Y) Balances recent behavior with more history.	-0.21
Correlation (All Time) Calculated using the full available price history since May 17, 2022	-0.19

Return for Risk

AFLIX vs. APFPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AFLIX

AFLIX Risk / Return Rank: 95
AFLIX Sharpe Ratio Rank: 97
AFLIX Sortino Ratio Rank: 97
AFLIX Omega Ratio Rank: 97
AFLIX Calmar Ratio Rank: 89
AFLIX Martin Ratio Rank: 95

APFPX

APFPX Risk / Return Rank: 99
APFPX Sharpe Ratio Rank: 100
APFPX Sortino Ratio Rank: 99
APFPX Omega Ratio Rank: 98
APFPX Calmar Ratio Rank: 99
APFPX Martin Ratio Rank: 99

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AFLIX vs. APFPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anfield Universal Fixed Income Fund (AFLIX) and Artisan Global Unconstrained Fund (APFPX). 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.

	AFLIX	APFPX	Difference
Sharpe ratio: Return per unit of total volatility	2.94	4.69	-1.76
Sortino ratio: Return per unit of downside risk	4.64	6.80	-2.16
Omega ratio: Gain probability vs. loss probability	1.73	2.18	-0.44
Calmar ratio: Return relative to maximum drawdown	3.22	13.11	-9.89
Martin ratio: Return relative to average drawdown	15.08	53.64	-38.56

AFLIX vs. APFPX - Sharpe Ratio Comparison

The current AFLIX Sharpe Ratio is 2.94, which is lower than the APFPX Sharpe Ratio of 4.69. The chart below compares the historical Sharpe Ratios of AFLIX and APFPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AFLIX vs. APFPX - Drawdown Comparison

The maximum AFLIX drawdown since its inception was -9.43%, which is greater than APFPX's maximum drawdown of -2.10%. Use the drawdown chart below to compare losses from any high point for AFLIX and APFPX.

Drawdown Indicators

	AFLIX	APFPX	Difference
Max Drawdown Largest peak-to-trough decline	-9.43%	-2.10%	-7.33%
Max Drawdown (1Y) Largest decline over 1 year	-1.32%	-0.90%	-0.42%
Max Drawdown (3Y) Largest decline over 3 years	-1.38%	-2.02%	+0.64%
Max Drawdown (5Y) Largest decline over 5 years	-8.55%	—	—
Current Drawdown Current decline from peak	-0.21%	-0.29%	+0.08%
Average Drawdown Average peak-to-trough decline	-1.60%	-0.24%	-1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.28%	0.22%	+0.06%

Volatility

AFLIX vs. APFPX - Volatility Comparison

The current volatility for Anfield Universal Fixed Income Fund (AFLIX) is 0.44%, while Artisan Global Unconstrained Fund (APFPX) has a volatility of 0.51%. This indicates that AFLIX experiences smaller price fluctuations and is considered to be less risky than APFPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AFLIX	APFPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	0.51%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	1.24%	2.10%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	1.46%	2.51%	-1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.98%	2.73%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.32%	2.73%	-0.41%

AFLIX vs. APFPX - Expense Ratio Comparison

AFLIX has a 1.39% expense ratio, which is lower than APFPX's 1.54% expense ratio.

Dividends

AFLIX vs. APFPX - Dividend Comparison

AFLIX's dividend yield for the trailing twelve months is around 2.20%, less than APFPX's 4.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AFLIX Anfield Universal Fixed Income Fund	2.20%	3.15%	5.97%	5.31%	4.13%	2.40%	4.51%	2.88%	2.92%	1.34%
APFPX Artisan Global Unconstrained Fund	4.63%	4.01%	6.18%	6.89%	8.60%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AFLIX and APFPX in my portfolio?

AFLIX and APFPX have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AFLIX or APFPX?

APFPX has higher volatility (0.51%) compared to AFLIX (0.44%). In terms of maximum drawdown, AFLIX dropped -9.43% vs APFPX's -2.10%.

Which has better risk-adjusted returns?

APFPX currently has the higher Sharpe Ratio (4.69 vs 2.94), 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.