AHLIX vs. TIVFX
AHLIX (American Beacon AHL Managed Futures Strategy Fund Class R5) and TIVFX (American Beacon Tocqueville International Value Fund) are both mutual funds - AHLIX is a Systematic Trend fund actively managed by American Beacon, while TIVFX is a Foreign Large Cap Equities fund managed by American Beacon. Over the past 10 years, AHLIX returned 4.76%/yr vs 7.97%/yr for TIVFX. Their 0.08 correlation means their historical movements had little consistent relationship. AHLIX charges 1.53%/yr vs 1.20%/yr for TIVFX.
Performance
AHLIX vs. TIVFX - Performance Comparison
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Returns By Period
In the year-to-date period, AHLIX achieves a 10.28% return, which is significantly lower than TIVFX's 17.03% return. Over the past 10 years, AHLIX has underperformed TIVFX with an annualized return of 4.76%, while TIVFX has yielded a comparatively higher 7.97% 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%
TIVFX
- 1D
- 2.89%
- 1M
- -11.33%
- 6M
- 3.25%
- YTD
- 17.03%
- 1Y
- 32.90%
- 3Y*
- 17.80%
- 5Y*
- 8.19%
- 10Y*
- 7.97%
- ALL TIME*
- 6.27%
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. TIVFX - 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% |
TIVFX American Beacon Tocqueville International Value Fund | 17.03% | 36.15% | 3.73% | 15.43% | -20.57% | 7.53% | 12.61% | 19.38% | -19.87% | 24.18% |
Correlation
The correlation between AHLIX and TIVFX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.08 |
Over the past year, AHLIX and TIVFX have become more correlated (0.43) than their long-term average of 0.08, meaning their price movements have been converging.
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Return for Risk
AHLIX vs. TIVFX — Risk / Return Rank
AHLIX
TIVFX
AHLIX vs. TIVFX - 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 American Beacon Tocqueville International Value Fund (TIVFX). 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 | TIVFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.26 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 7.05 | 1.71 | +5.34 |
| Martin ratioReturn relative to average drawdown | 17.42 | 6.75 | +10.67 |
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Drawdowns
AHLIX vs. TIVFX - Drawdown Comparison
The maximum AHLIX drawdown since its inception was -21.62%, smaller than the maximum TIVFX drawdown of -54.21%. Use the drawdown chart below to compare losses from any high point for AHLIX and TIVFX.
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Drawdown Indicators
| AHLIX | TIVFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.62% | -54.21% | +32.59% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -19.03% | +15.51% |
Max Drawdown (3Y)Largest decline over 3 years | -21.62% | -23.99% | +2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -21.62% | -36.31% | +14.69% |
Max Drawdown (10Y)Largest decline over 10 years | -21.62% | -41.51% | +19.89% |
Current DrawdownCurrent decline from peak | -2.69% | -16.69% | +14.00% |
Average DrawdownAverage peak-to-trough decline | -6.49% | -13.35% | +6.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | 4.80% | -3.36% |
Volatility
AHLIX vs. TIVFX - Volatility Comparison
The current volatility for American Beacon AHL Managed Futures Strategy Fund Class R5 (AHLIX) is 2.45%, while American Beacon Tocqueville International Value Fund (TIVFX) has a volatility of 8.59%. This indicates that AHLIX experiences smaller price fluctuations and is considered to be less risky than TIVFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHLIX | TIVFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 8.59% | -6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.21% | 19.43% | -12.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.91% | 22.33% | -11.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.65% | 19.39% | -9.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.51% | 17.84% | -8.33% |
AHLIX vs. TIVFX - Expense Ratio Comparison
AHLIX has a 1.53% expense ratio, which is higher than TIVFX's 1.20% expense ratio.
Dividends
AHLIX vs. TIVFX - Dividend Comparison
AHLIX's dividend yield for the trailing twelve months is around 7.48%, which matches TIVFX's 7.54% 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% |
TIVFX American Beacon Tocqueville International Value Fund | 7.54% | 8.82% | 10.23% | 1.66% | 1.39% | 3.65% | 0.34% | 1.69% | 1.37% | 1.28% | 1.57% | 3.01% |
Frequently Asked Questions
AHLIX and TIVFX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TIVFX has higher volatility (8.59%) compared to AHLIX (2.45%). In terms of maximum drawdown, AHLIX dropped -21.62% vs TIVFX's -54.21%.
AHLIX currently has the higher Sharpe Ratio (2.28 vs 1.46), 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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