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AHTPX vs. QIS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AHTPXQIS
YTD Return6.65%-1.19%
1Y Return14.70%-1.55%
Sharpe Ratio1.52-0.05
Sortino Ratio2.050.01
Omega Ratio1.281.00
Calmar Ratio0.63-0.08
Martin Ratio5.38-0.21
Ulcer Index2.77%2.70%
Daily Std Dev9.81%11.22%
Max Drawdown-27.86%-7.51%
Current Drawdown-12.60%-6.70%

Correlation

-0.50.00.51.0-0.0

The correlation between AHTPX and QIS is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

AHTPX vs. QIS - Performance Comparison

In the year-to-date period, AHTPX achieves a 6.65% return, which is significantly higher than QIS's -1.19% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%JuneJulyAugustSeptemberOctoberNovember
-1.32%
-3.86%
AHTPX
QIS

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AHTPX vs. QIS - Expense Ratio Comparison

AHTPX has a 1.41% expense ratio, which is higher than QIS's 1.00% expense ratio.


AHTPX
American Beacon AHL TargetRisk Fund
Expense ratio chart for AHTPX: current value at 1.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.41%
Expense ratio chart for QIS: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%

Risk-Adjusted Performance

AHTPX vs. QIS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL TargetRisk Fund (AHTPX) and Simplify Multi-Qis Alternative ETF (QIS). 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.


AHTPX
Sharpe ratio
The chart of Sharpe ratio for AHTPX, currently valued at 1.52, compared to the broader market0.002.004.001.52
Sortino ratio
The chart of Sortino ratio for AHTPX, currently valued at 2.05, compared to the broader market0.005.0010.002.05
Omega ratio
The chart of Omega ratio for AHTPX, currently valued at 1.28, compared to the broader market1.002.003.004.001.28
Calmar ratio
The chart of Calmar ratio for AHTPX, currently valued at 1.76, compared to the broader market0.005.0010.0015.0020.0025.001.76
Martin ratio
The chart of Martin ratio for AHTPX, currently valued at 5.38, compared to the broader market0.0020.0040.0060.0080.00100.005.38
QIS
Sharpe ratio
The chart of Sharpe ratio for QIS, currently valued at -0.05, compared to the broader market0.002.004.00-0.05
Sortino ratio
The chart of Sortino ratio for QIS, currently valued at 0.01, compared to the broader market0.005.0010.000.01
Omega ratio
The chart of Omega ratio for QIS, currently valued at 1.00, compared to the broader market1.002.003.004.001.00
Calmar ratio
The chart of Calmar ratio for QIS, currently valued at -0.08, compared to the broader market0.005.0010.0015.0020.0025.00-0.08
Martin ratio
The chart of Martin ratio for QIS, currently valued at -0.21, compared to the broader market0.0020.0040.0060.0080.00100.00-0.21

AHTPX vs. QIS - Sharpe Ratio Comparison

The current AHTPX Sharpe Ratio is 1.52, which is higher than the QIS Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of AHTPX and QIS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10
1.52
-0.05
AHTPX
QIS

Dividends

AHTPX vs. QIS - Dividend Comparison

AHTPX's dividend yield for the trailing twelve months is around 3.40%, less than QIS's 4.39% yield.


TTM20232022202120202019
AHTPX
American Beacon AHL TargetRisk Fund
3.40%3.63%3.19%7.61%0.00%0.18%
QIS
Simplify Multi-Qis Alternative ETF
4.39%3.29%0.00%0.00%0.00%0.00%

Drawdowns

AHTPX vs. QIS - Drawdown Comparison

The maximum AHTPX drawdown since its inception was -27.86%, which is greater than QIS's maximum drawdown of -7.51%. Use the drawdown chart below to compare losses from any high point for AHTPX and QIS. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.67%
-6.70%
AHTPX
QIS

Volatility

AHTPX vs. QIS - Volatility Comparison

The current volatility for American Beacon AHL TargetRisk Fund (AHTPX) is 2.37%, while Simplify Multi-Qis Alternative ETF (QIS) has a volatility of 3.50%. This indicates that AHTPX experiences smaller price fluctuations and is considered to be less risky than QIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.37%
3.50%
AHTPX
QIS