AHLPX vs. PQTPX
Compare and contrast key facts about American Beacon AHL Managed Futures Strategy Fund (AHLPX) and PIMCO TRENDS Managed Futures Strategy Fund (PQTPX).
AHLPX is managed by American Beacon. It was launched on Aug 18, 2014. PQTPX is managed by PIMCO. It was launched on Dec 30, 2013.
Performance
AHLPX vs. PQTPX - Performance Comparison
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AHLPX vs. PQTPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AHLPX American Beacon AHL Managed Futures Strategy Fund | 7.83% | 2.19% | 1.74% | -4.20% | 16.48% | 4.67% | 10.36% | 0.09% | 2.15% | 4.79% |
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 3.86% | 2.41% | -3.08% | -4.21% | 11.37% | 14.83% | 9.72% | 2.83% | 2.30% | 2.21% |
Returns By Period
In the year-to-date period, AHLPX achieves a 7.83% return, which is significantly higher than PQTPX's 3.86% return. Over the past 10 years, AHLPX has outperformed PQTPX with an annualized return of 3.94%, while PQTPX has yielded a comparatively lower 3.67% annualized return.
AHLPX
- 1D
- 0.00%
- 1M
- -1.47%
- YTD
- 7.83%
- 6M
- 14.37%
- 1Y
- 17.33%
- 3Y*
- 3.71%
- 5Y*
- 4.29%
- 10Y*
- 3.94%
PQTPX
- 1D
- -0.72%
- 1M
- -2.39%
- YTD
- 3.86%
- 6M
- 9.10%
- 1Y
- 11.41%
- 3Y*
- 1.82%
- 5Y*
- 4.08%
- 10Y*
- 3.67%
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AHLPX vs. PQTPX - Expense Ratio Comparison
AHLPX has a 1.83% expense ratio, which is higher than PQTPX's 1.51% expense ratio.
Return for Risk
AHLPX vs. PQTPX — Risk / Return Rank
AHLPX
PQTPX
AHLPX vs. PQTPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL Managed Futures Strategy Fund (AHLPX) and PIMCO TRENDS Managed Futures Strategy Fund (PQTPX). 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.
| AHLPX | PQTPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.51 | 1.30 | +0.21 |
Sortino ratioReturn per unit of downside risk | 2.09 | 1.78 | +0.32 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.23 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.41 | +0.46 |
Martin ratioReturn relative to average drawdown | 4.44 | 3.42 | +1.03 |
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
| AHLPX | PQTPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 1.30 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.42 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.39 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.45 | -0.07 |
Correlation
The correlation between AHLPX and PQTPX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AHLPX vs. PQTPX - Dividend Comparison
AHLPX's dividend yield for the trailing twelve months is around 7.49%, while PQTPX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHLPX American Beacon AHL Managed Futures Strategy Fund | 7.49% | 8.07% | 0.29% | 0.63% | 17.64% | 7.15% | 5.14% | 4.17% | 1.45% | 4.07% | 0.00% | 3.40% |
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 14.80% | 2.40% | 5.63% | 2.49% | 0.32% | 0.20% | 0.00% | 7.57% |
Drawdowns
AHLPX vs. PQTPX - Drawdown Comparison
The maximum AHLPX drawdown since its inception was -21.90%, smaller than the maximum PQTPX drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for AHLPX and PQTPX.
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Drawdown Indicators
| AHLPX | PQTPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.90% | -27.86% | +5.96% |
Max Drawdown (1Y)Largest decline over 1 year | -8.62% | -8.02% | -0.60% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -27.86% | +5.96% |
Max Drawdown (10Y)Largest decline over 10 years | -21.90% | -27.86% | +5.96% |
Current DrawdownCurrent decline from peak | -2.24% | -13.32% | +11.08% |
Average DrawdownAverage peak-to-trough decline | -6.86% | -9.37% | +2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.67% | 3.31% | +0.36% |
Volatility
AHLPX vs. PQTPX - Volatility Comparison
The current volatility for American Beacon AHL Managed Futures Strategy Fund (AHLPX) is 2.80%, while PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) has a volatility of 3.63%. This indicates that AHLPX experiences smaller price fluctuations and is considered to be less risky than PQTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHLPX | PQTPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 3.63% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 8.67% | 6.73% | +1.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.27% | 8.75% | +2.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.68% | 9.87% | -0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.47% | 9.36% | +0.11% |