ARBFX vs. EVDAX
Compare and contrast key facts about The Arbitrage Fund (ARBFX) and Camelot Event Driven Fund Class A (EVDAX).
ARBFX is managed by Arbitrage Fund. It was launched on Sep 17, 2000. EVDAX is managed by Camelot Funds. It was launched on Nov 21, 2003.
Performance
ARBFX vs. EVDAX - Performance Comparison
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ARBFX vs. EVDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARBFX The Arbitrage Fund | 0.45% | 8.01% | 2.61% | 5.94% | -1.02% | 0.85% | 5.42% | 3.57% | 2.12% | 2.59% |
EVDAX Camelot Event Driven Fund Class A | 1.30% | 9.15% | 7.93% | 2.28% | 3.59% | 22.87% | 18.83% | 7.19% | 0.00% | 0.00% |
Returns By Period
In the year-to-date period, ARBFX achieves a 0.45% return, which is significantly lower than EVDAX's 1.30% return. Over the past 10 years, ARBFX has underperformed EVDAX with an annualized return of 3.20%, while EVDAX has yielded a comparatively higher 7.06% annualized return.
ARBFX
- 1D
- 0.00%
- 1M
- -0.37%
- YTD
- 0.45%
- 6M
- 2.38%
- 1Y
- 5.95%
- 3Y*
- 5.57%
- 5Y*
- 3.01%
- 10Y*
- 3.20%
EVDAX
- 1D
- -0.09%
- 1M
- -1.67%
- YTD
- 1.30%
- 6M
- 0.92%
- 1Y
- 7.38%
- 3Y*
- 5.97%
- 5Y*
- 6.31%
- 10Y*
- 7.06%
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ARBFX vs. EVDAX - Expense Ratio Comparison
ARBFX has a 1.43% expense ratio, which is lower than EVDAX's 2.22% expense ratio.
Return for Risk
ARBFX vs. EVDAX — Risk / Return Rank
ARBFX
EVDAX
ARBFX vs. EVDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Arbitrage Fund (ARBFX) and Camelot Event Driven Fund Class A (EVDAX). 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.
| ARBFX | EVDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.45 | 1.19 | +1.27 |
Sortino ratioReturn per unit of downside risk | 3.79 | 1.75 | +2.04 |
Omega ratioGain probability vs. loss probability | 1.59 | 1.22 | +0.37 |
Calmar ratioReturn relative to maximum drawdown | 3.28 | 1.65 | +1.63 |
Martin ratioReturn relative to average drawdown | 16.11 | 7.61 | +8.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARBFX | EVDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.45 | 1.19 | +1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.00 | +0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.01 | +0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.00 | +0.34 |
Correlation
The correlation between ARBFX and EVDAX is 0.21, 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.
Dividends
ARBFX vs. EVDAX - Dividend Comparison
ARBFX's dividend yield for the trailing twelve months is around 3.57%, more than EVDAX's 0.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARBFX The Arbitrage Fund | 3.57% | 3.59% | 0.94% | 1.92% | 3.67% | 0.53% | 6.94% | 2.12% | 1.71% | 3.55% | 0.96% | 2.36% |
EVDAX Camelot Event Driven Fund Class A | 0.76% | 0.77% | 3.99% | 6.40% | 9.42% | 0.00% | 1.00% | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ARBFX vs. EVDAX - Drawdown Comparison
The maximum ARBFX drawdown since its inception was -38.01%, smaller than the maximum EVDAX drawdown of -96.19%. Use the drawdown chart below to compare losses from any high point for ARBFX and EVDAX.
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Drawdown Indicators
| ARBFX | EVDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.01% | -96.19% | +58.18% |
Max Drawdown (1Y)Largest decline over 1 year | -1.82% | -4.05% | +2.23% |
Max Drawdown (5Y)Largest decline over 5 years | -7.64% | -96.19% | +88.55% |
Max Drawdown (10Y)Largest decline over 10 years | -11.90% | -96.19% | +84.29% |
Current DrawdownCurrent decline from peak | -0.44% | -95.74% | +95.30% |
Average DrawdownAverage peak-to-trough decline | -2.38% | -6.06% | +3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 0.89% | -0.52% |
Volatility
ARBFX vs. EVDAX - Volatility Comparison
The current volatility for The Arbitrage Fund (ARBFX) is 0.61%, while Camelot Event Driven Fund Class A (EVDAX) has a volatility of 1.41%. This indicates that ARBFX experiences smaller price fluctuations and is considered to be less risky than EVDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARBFX | EVDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | 1.41% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 1.47% | 4.09% | -2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.47% | 6.13% | -3.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.66% | 1,423.79% | -1,420.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.42% | 1,006.79% | -1,002.37% |