AMFAX vs. ABYIX
Compare and contrast key facts about AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and Abbey Capital Futures Strategy Fund Class I (ABYIX).
AMFAX is managed by BlackRock. It was launched on Jul 30, 2010. ABYIX is managed by Abbey Capital. It was launched on Jul 1, 2014.
Performance
AMFAX vs. ABYIX - Performance Comparison
Loading graphics...
AMFAX vs. ABYIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMFAX AlphaSimplex Managed Futures Strategy Fund Class A | 6.69% | -9.75% | -3.56% | -10.59% | 35.38% | 3.28% | 13.29% | 8.03% | -12.87% | 6.54% |
ABYIX Abbey Capital Futures Strategy Fund Class I | 4.53% | 1.62% | 1.11% | -3.29% | 17.06% | 3.39% | 7.92% | 8.84% | -6.15% | -0.09% |
Returns By Period
In the year-to-date period, AMFAX achieves a 6.69% return, which is significantly higher than ABYIX's 4.53% return. Over the past 10 years, AMFAX has underperformed ABYIX with an annualized return of 1.57%, while ABYIX has yielded a comparatively higher 2.83% annualized return.
AMFAX
- 1D
- 0.25%
- 1M
- -0.85%
- YTD
- 6.69%
- 6M
- 10.56%
- 1Y
- 3.12%
- 3Y*
- -3.09%
- 5Y*
- 2.04%
- 10Y*
- 1.57%
ABYIX
- 1D
- -0.09%
- 1M
- -1.03%
- YTD
- 4.53%
- 6M
- 7.29%
- 1Y
- 8.69%
- 3Y*
- 2.39%
- 5Y*
- 3.70%
- 10Y*
- 2.83%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMFAX vs. ABYIX - Expense Ratio Comparison
AMFAX has a 1.72% expense ratio, which is lower than ABYIX's 1.79% expense ratio.
Return for Risk
AMFAX vs. ABYIX — Risk / Return Rank
AMFAX
ABYIX
AMFAX vs. ABYIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and Abbey Capital Futures Strategy Fund Class I (ABYIX). 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.
| AMFAX | ABYIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.26 | 1.09 | -0.83 |
Sortino ratioReturn per unit of downside risk | 0.40 | 1.54 | -1.14 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.20 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.16 | 1.72 | -1.56 |
Martin ratioReturn relative to average drawdown | 0.27 | 3.52 | -3.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AMFAX | ABYIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 1.09 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.46 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.35 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.53 | -0.25 |
Correlation
The correlation between AMFAX and ABYIX is 0.86, 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
AMFAX vs. ABYIX - Dividend Comparison
AMFAX's dividend yield for the trailing twelve months is around 1.72%, more than ABYIX's 1.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMFAX AlphaSimplex Managed Futures Strategy Fund Class A | 1.72% | 1.84% | 1.28% | 0.30% | 32.70% | 5.74% | 3.14% | 4.71% | 1.31% | 0.00% | 0.00% | 4.92% |
ABYIX Abbey Capital Futures Strategy Fund Class I | 1.27% | 1.33% | 2.10% | 2.03% | 15.24% | 3.68% | 1.54% | 8.70% | 0.14% | 0.00% | 0.00% | 0.24% |
Drawdowns
AMFAX vs. ABYIX - Drawdown Comparison
The maximum AMFAX drawdown since its inception was -36.84%, which is greater than ABYIX's maximum drawdown of -17.13%. Use the drawdown chart below to compare losses from any high point for AMFAX and ABYIX.
Loading graphics...
Drawdown Indicators
| AMFAX | ABYIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.84% | -17.13% | -19.71% |
Max Drawdown (1Y)Largest decline over 1 year | -13.54% | -4.36% | -9.18% |
Max Drawdown (5Y)Largest decline over 5 years | -36.84% | -14.66% | -22.18% |
Max Drawdown (10Y)Largest decline over 10 years | -36.84% | -14.74% | -22.10% |
Current DrawdownCurrent decline from peak | -24.86% | -3.10% | -21.76% |
Average DrawdownAverage peak-to-trough decline | -13.55% | -6.74% | -6.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.33% | 2.27% | +6.06% |
Volatility
AMFAX vs. ABYIX - Volatility Comparison
AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) has a higher volatility of 3.91% compared to Abbey Capital Futures Strategy Fund Class I (ABYIX) at 1.94%. This indicates that AMFAX's price experiences larger fluctuations and is considered to be riskier than ABYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AMFAX | ABYIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 1.94% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 6.43% | +3.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.03% | 7.64% | +5.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.68% | 8.01% | +5.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.67% | 8.00% | +4.67% |