AGEPX vs. IOFIX
Compare and contrast key facts about American Beacon Frontier Markets Income Fund (AGEPX) and AlphaCentric Income Opportunities Fund (IOFIX).
AGEPX is managed by American Beacon. It was launched on Feb 24, 2014. IOFIX is managed by AlphaCentric Funds. It was launched on May 27, 2015.
Performance
AGEPX vs. IOFIX - Performance Comparison
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AGEPX vs. IOFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGEPX American Beacon Frontier Markets Income Fund | 1.56% | 18.76% | 15.58% | 12.83% | -12.84% | 6.64% | 2.25% | 13.10% | -3.51% | 14.90% |
IOFIX AlphaCentric Income Opportunities Fund | -0.00% | 8.34% | -0.35% | -5.52% | -21.68% | 14.92% | -10.56% | 11.93% | 4.45% | 14.04% |
Returns By Period
Over the past 10 years, AGEPX has outperformed IOFIX with an annualized return of 7.49%, while IOFIX has yielded a comparatively lower 1.81% annualized return.
AGEPX
- 1D
- -0.53%
- 1M
- -3.05%
- YTD
- 1.56%
- 6M
- 7.54%
- 1Y
- 18.25%
- 3Y*
- 16.00%
- 5Y*
- 7.85%
- 10Y*
- 7.49%
IOFIX
- 1D
- 0.98%
- 1M
- -1.48%
- YTD
- -0.00%
- 6M
- 1.61%
- 1Y
- 7.75%
- 3Y*
- 1.50%
- 5Y*
- -2.73%
- 10Y*
- 1.81%
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AGEPX vs. IOFIX - Expense Ratio Comparison
AGEPX has a 1.38% expense ratio, which is lower than IOFIX's 1.65% expense ratio.
Return for Risk
AGEPX vs. IOFIX — Risk / Return Rank
AGEPX
IOFIX
AGEPX vs. IOFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Frontier Markets Income Fund (AGEPX) and AlphaCentric Income Opportunities Fund (IOFIX). 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.
| AGEPX | IOFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.89 | 1.55 | +2.34 |
Sortino ratioReturn per unit of downside risk | 5.45 | 2.39 | +3.06 |
Omega ratioGain probability vs. loss probability | 2.01 | 1.31 | +0.70 |
Calmar ratioReturn relative to maximum drawdown | 4.08 | 2.08 | +2.00 |
Martin ratioReturn relative to average drawdown | 20.61 | 6.71 | +13.90 |
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
| AGEPX | IOFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.89 | 1.55 | +2.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.54 | -0.58 | +2.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.51 | 0.20 | +1.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.26 | 0.20 | +1.06 |
Correlation
The correlation between AGEPX and IOFIX is 0.13, 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
AGEPX vs. IOFIX - Dividend Comparison
AGEPX's dividend yield for the trailing twelve months is around 9.65%, more than IOFIX's 8.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGEPX American Beacon Frontier Markets Income Fund | 9.65% | 9.79% | 11.92% | 9.40% | 7.26% | 7.65% | 7.07% | 8.38% | 9.55% | 7.09% | 8.28% | 6.80% |
IOFIX AlphaCentric Income Opportunities Fund | 8.29% | 7.44% | 8.16% | 7.52% | 5.51% | 3.94% | 4.76% | 4.70% | 5.06% | 4.83% | 4.97% | 0.00% |
Drawdowns
AGEPX vs. IOFIX - Drawdown Comparison
The maximum AGEPX drawdown since its inception was -22.47%, smaller than the maximum IOFIX drawdown of -45.49%. Use the drawdown chart below to compare losses from any high point for AGEPX and IOFIX.
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Drawdown Indicators
| AGEPX | IOFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.47% | -45.49% | +23.02% |
Max Drawdown (1Y)Largest decline over 1 year | -4.14% | -3.80% | -0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -22.47% | -30.50% | +8.03% |
Max Drawdown (10Y)Largest decline over 10 years | -22.47% | -45.49% | +23.02% |
Current DrawdownCurrent decline from peak | -3.17% | -20.47% | +17.30% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -11.62% | +7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 1.18% | -0.31% |
Volatility
AGEPX vs. IOFIX - Volatility Comparison
American Beacon Frontier Markets Income Fund (AGEPX) and AlphaCentric Income Opportunities Fund (IOFIX) have volatilities of 1.71% and 1.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGEPX | IOFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.71% | 1.70% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 2.77% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 4.83% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.12% | 4.73% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.99% | 9.26% | -4.27% |