AMFAX vs. VOO
Compare and contrast key facts about AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and Vanguard S&P 500 ETF (VOO).
AMFAX is managed by Blackrock. It was launched on Jul 30, 2010. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMFAX or VOO.
Correlation
The correlation between AMFAX and VOO is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMFAX vs. VOO - Performance Comparison
Key characteristics
AMFAX:
-0.30
VOO:
2.04
AMFAX:
-0.31
VOO:
2.72
AMFAX:
0.96
VOO:
1.38
AMFAX:
-0.09
VOO:
3.02
AMFAX:
-0.38
VOO:
13.60
AMFAX:
8.86%
VOO:
1.88%
AMFAX:
11.42%
VOO:
12.52%
AMFAX:
-37.95%
VOO:
-33.99%
AMFAX:
-36.64%
VOO:
-3.52%
Returns By Period
In the year-to-date period, AMFAX achieves a -3.88% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, AMFAX has underperformed VOO with an annualized return of -0.58%, while VOO has yielded a comparatively higher 13.02% annualized return.
AMFAX
-3.88%
0.58%
-8.34%
-4.33%
2.01%
-0.58%
VOO
24.65%
-0.29%
7.63%
24.77%
14.57%
13.02%
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AMFAX vs. VOO - Expense Ratio Comparison
AMFAX has a 1.72% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
AMFAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
AMFAX's dividend yield for the trailing twelve months is around 0.31%, less than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMFAX AlphaSimplex Managed Futures Strategy Fund Class A | 0.31% | 0.30% | 10.01% | 5.74% | 3.14% | 6.12% | 0.00% | 0.00% | 0.00% | 2.08% | 2.63% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AMFAX vs. VOO - Drawdown Comparison
The maximum AMFAX drawdown since its inception was -37.95%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AMFAX and VOO. For additional features, visit the drawdowns tool.
Volatility
AMFAX vs. VOO - Volatility Comparison
The current volatility for AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) is 2.53%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.58%. This indicates that AMFAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.