AMFAX vs. ASFYX
Compare and contrast key facts about AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).
AMFAX is managed by Blackrock. It was launched on Jul 30, 2010. ASFYX is managed by Blackrock. It was launched on Jul 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMFAX or ASFYX.
Key characteristics
| AMFAX | ASFYX | |
|---|---|---|
| YTD Return | 4.98% | 4.71% |
| 1Y Return | -0.12% | -0.27% |
| 3Y Return (Ann) | 6.82% | 6.95% |
| 5Y Return (Ann) | 8.33% | 8.52% |
| 10Y Return (Ann) | 4.87% | 5.00% |
| Sharpe Ratio | -0.01 | -0.03 |
| Daily Std Dev | 10.87% | 10.83% |
| Max Drawdown | -28.58% | -28.00% |
| Current Drawdown | -15.05% | -15.01% |
Correlation
The correlation between AMFAX and ASFYX is 0.99, 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.
Performance
AMFAX vs. ASFYX - Performance Comparison
In the year-to-date period, AMFAX achieves a 4.98% return, which is significantly higher than ASFYX's 4.71% return. Both investments have delivered pretty close results over the past 10 years, with AMFAX having a 4.87% annualized return and ASFYX not far ahead at 5.00%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMFAX vs. ASFYX - Expense Ratio Comparison
AMFAX has a 1.72% expense ratio, which is higher than ASFYX's 1.47% expense ratio.
Risk-Adjusted Performance
AMFAX vs. ASFYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). 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.
Dividends
AMFAX vs. ASFYX - Dividend Comparison
AMFAX's dividend yield for the trailing twelve months is around 0.29%, less than ASFYX's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
AMFAX AlphaSimplex Managed Futures Strategy Fund Class A | 0.29% | 0.30% | 32.70% | 5.74% | 3.14% | 6.12% | 1.31% | 0.00% | 0.00% | 4.92% | 13.32% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 0.94% | 0.98% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% | 13.52% |
Drawdowns
AMFAX vs. ASFYX - Drawdown Comparison
The maximum AMFAX drawdown since its inception was -28.58%, roughly equal to the maximum ASFYX drawdown of -28.00%. Use the drawdown chart below to compare losses from any high point for AMFAX and ASFYX. For additional features, visit the drawdowns tool.
Volatility
AMFAX vs. ASFYX - Volatility Comparison
AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) have volatilities of 2.63% and 2.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.