AHLIX vs. EVOIX
AHLIX (American Beacon AHL Managed Futures Strategy Fund Class R5) and EVOIX (Winton Managed Futures Trend Fund) are both Systematic Trend funds. Over the past 10 years, AHLIX returned 4.76%/yr vs 2.74%/yr for EVOIX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. AHLIX charges 1.53%/yr vs 1.34%/yr for EVOIX.
Performance
AHLIX vs. EVOIX - Performance Comparison
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Returns By Period
In the year-to-date period, AHLIX achieves a 10.28% return, which is significantly higher than EVOIX's 6.42% return. Over the past 10 years, AHLIX has outperformed EVOIX with an annualized return of 4.76%, while EVOIX has yielded a comparatively lower 2.74% annualized return.
AHLIX
- 1D
- -0.66%
- 1M
- -0.19%
- 6M
- 4.37%
- YTD
- 10.28%
- 1Y
- 27.88%
- 3Y*
- 4.02%
- 5Y*
- 4.64%
- 10Y*
- 4.76%
- ALL TIME*
- 4.14%
EVOIX
- 1D
- 0.00%
- 1M
- 1.22%
- 6M
- 3.11%
- YTD
- 6.42%
- 1Y
- 21.44%
- 3Y*
- 5.21%
- 5Y*
- 6.82%
- 10Y*
- 2.74%
- ALL TIME*
- 4.05%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AHLIX vs. EVOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AHLIX American Beacon AHL Managed Futures Strategy Fund Class R5 | 10.28% | 2.59% | 2.07% | -3.85% | 16.94% | 5.09% | 10.71% | 0.44% | 2.52% | 5.23% |
EVOIX Winton Managed Futures Trend Fund | 6.42% | 4.69% | 3.86% | 5.03% | 12.84% | 12.20% | -12.94% | 4.22% | -7.58% | 9.09% |
Correlation
The correlation between AHLIX and EVOIX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.75 |
The correlation between AHLIX and EVOIX has been stable across timeframes, ranging from 0.75 to 0.83 - a consistent structural relationship.
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Return for Risk
AHLIX vs. EVOIX — Risk / Return Rank
AHLIX
EVOIX
AHLIX vs. EVOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX) and Winton Managed Futures Trend Fund (EVOIX). 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.
| AHLIX | EVOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.36 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 7.05 | 3.74 | +3.30 |
| Martin ratioReturn relative to average drawdown | 17.42 | 9.51 | +7.91 |
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Drawdowns
AHLIX vs. EVOIX - Drawdown Comparison
The maximum AHLIX drawdown since its inception was -21.62%, smaller than the maximum EVOIX drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for AHLIX and EVOIX.
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Drawdown Indicators
| AHLIX | EVOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.62% | -29.57% | +7.95% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -5.38% | +1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -21.62% | -18.80% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -21.62% | -18.80% | -2.82% |
Max Drawdown (10Y)Largest decline over 10 years | -21.62% | -29.57% | +7.95% |
Current DrawdownCurrent decline from peak | -2.69% | -3.63% | +0.94% |
Average DrawdownAverage peak-to-trough decline | -6.49% | -8.11% | +1.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | 2.11% | -0.67% |
Volatility
AHLIX vs. EVOIX - Volatility Comparison
American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX) has a higher volatility of 2.45% compared to Winton Managed Futures Trend Fund (EVOIX) at 2.02%. This indicates that AHLIX's price experiences larger fluctuations and is considered to be riskier than EVOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHLIX | EVOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 2.02% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 7.21% | 7.13% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.91% | 10.17% | +0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.65% | 9.53% | +0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.51% | 10.38% | -0.87% |
AHLIX vs. EVOIX - Expense Ratio Comparison
AHLIX has a 1.53% expense ratio, which is higher than EVOIX's 1.34% expense ratio.
Dividends
AHLIX vs. EVOIX - Dividend Comparison
AHLIX's dividend yield for the trailing twelve months is around 7.48%, less than EVOIX's 9.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHLIX American Beacon AHL Managed Futures Strategy Fund Class R5 | 7.48% | 8.25% | 0.55% | 1.10% | 17.63% | 7.44% | 5.33% | 4.47% | 1.83% | 4.01% | 0.00% | 3.51% |
EVOIX Winton Managed Futures Trend Fund | 9.16% | 11.11% | 10.09% | 1.71% | 34.87% | 9.73% | 2.23% | 1.63% | 5.52% | 1.57% | 7.27% | 9.05% |
Frequently Asked Questions
AHLIX and EVOIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AHLIX has higher volatility (2.45%) compared to EVOIX (2.02%). In terms of maximum drawdown, AHLIX dropped -21.62% vs EVOIX's -29.57%.
AHLIX currently has the higher Sharpe Ratio (2.28 vs 1.98), 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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