AMFAX vs. DBMF
Compare and contrast key facts about AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and iM DBi Managed Futures Strategy ETF (DBMF).
AMFAX is managed by Blackrock. It was launched on Jul 30, 2010. DBMF is an actively managed fund by Litman Gregory Capital Partners LLC. It was launched on May 8, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMFAX or DBMF.
Correlation
The correlation between AMFAX and DBMF is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMFAX vs. DBMF - Performance Comparison
Key characteristics
AMFAX:
-0.33
DBMF:
0.50
AMFAX:
-0.35
DBMF:
0.74
AMFAX:
0.95
DBMF:
1.10
AMFAX:
-0.10
DBMF:
0.38
AMFAX:
-0.38
DBMF:
0.77
AMFAX:
10.29%
DBMF:
7.25%
AMFAX:
11.91%
DBMF:
11.05%
AMFAX:
-37.96%
DBMF:
-20.39%
AMFAX:
-35.17%
DBMF:
-9.69%
Returns By Period
In the year-to-date period, AMFAX achieves a 2.21% return, which is significantly lower than DBMF's 2.56% return.
AMFAX
2.21%
0.11%
0.58%
-4.30%
1.47%
-0.27%
DBMF
2.56%
0.37%
-0.04%
5.13%
5.50%
N/A
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AMFAX vs. DBMF - Expense Ratio Comparison
AMFAX has a 1.72% expense ratio, which is higher than DBMF's 0.85% expense ratio.
Risk-Adjusted Performance
AMFAX vs. DBMF — Risk-Adjusted Performance Rank
AMFAX
DBMF
AMFAX vs. DBMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and iM DBi Managed Futures Strategy ETF (DBMF). 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. DBMF - Dividend Comparison
AMFAX's dividend yield for the trailing twelve months is around 1.25%, less than DBMF's 5.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMFAX AlphaSimplex Managed Futures Strategy Fund Class A | 1.25% | 1.28% | 0.30% | 10.01% | 5.74% | 3.14% | 6.12% | 0.00% | 0.00% | 0.00% | 2.08% | 2.63% |
DBMF iM DBi Managed Futures Strategy ETF | 5.60% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMFAX vs. DBMF - Drawdown Comparison
The maximum AMFAX drawdown since its inception was -37.96%, which is greater than DBMF's maximum drawdown of -20.39%. Use the drawdown chart below to compare losses from any high point for AMFAX and DBMF. For additional features, visit the drawdowns tool.
Volatility
AMFAX vs. DBMF - Volatility Comparison
AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) has a higher volatility of 4.32% compared to iM DBi Managed Futures Strategy ETF (DBMF) at 2.84%. This indicates that AMFAX's price experiences larger fluctuations and is considered to be riskier than DBMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.