AHTPX vs. QIS

In the year-to-date period, AHTPX achieves a -2.89% return, which is significantly higher than QIS's -4.13% return.

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

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.

The current AHTPX Sharpe Ratio is -0.60, which is lower than the QIS Sharpe Ratio of -0.20. 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.

The correlation between AHTPX and QIS is -0.06. 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.

AHTPX's dividend yield for the trailing twelve months is around 4.95%, more than QIS's 2.44% yield.

The maximum AHTPX drawdown since its inception was -19.23%, smaller than the maximum QIS drawdown of -24.02%. Use the drawdown chart below to compare losses from any high point for AHTPX and QIS.

The current volatility for American Beacon AHL TargetRisk Fund (AHTPX) is 1.09%, while Simplify Multi-Qis Alternative ETF (QIS) has a volatility of 9.73%. 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.