ARCHX vs. IOEZX

Last updated Jun 3, 2026

ARCHX (Archer Balanced Fund) and IOEZX (ICON Equity Income Fund) are both Diversified Portfolio funds. Over the past 10 years, ARCHX returned 8.79%/yr vs 8.46%/yr for IOEZX. Their correlation of 0.84 suggests significant overlap in exposure. ARCHX charges 1.20%/yr vs 1.00%/yr for IOEZX.

Performance

ARCHX vs. IOEZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Archer Balanced Fund (ARCHX) and ICON Equity Income Fund (IOEZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARCHX achieves a 7.58% return, which is significantly lower than IOEZX's 12.81% return. Both investments have delivered pretty close results over the past 10 years, with ARCHX having a 8.79% annualized return and IOEZX not far behind at 8.46%.

ARCHX

• 1D: -0.76%
• 1M: -0.14%
• YTD: 7.58%
• 6M: 7.78%
• 1Y: 21.55%
• 3Y*: 14.25%
• 5Y*: 8.56%
• 10Y*: 8.79%

IOEZX

• 1D: -1.19%
• 1M: -2.65%
• YTD: 12.81%
• 6M: 15.49%
• 1Y: 26.67%
• 3Y*: 12.46%
• 5Y*: 4.26%
• 10Y*: 8.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARCHX vs. IOEZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARCHX Archer Balanced Fund	7.58%	14.85%	12.15%	13.52%	-11.55%	17.58%	6.19%	21.07%	-6.87%	13.74%
IOEZX ICON Equity Income Fund	12.81%	14.29%	6.12%	3.82%	-13.56%	24.15%	3.16%	27.70%	-10.11%	13.59%

Correlation

The correlation between ARCHX and IOEZX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Sep 21, 2005	0.84

The correlation between ARCHX and IOEZX shifts across timeframes, from 0.66 (3 years) to 0.84 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ARCHX vs. IOEZX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARCHX

ARCHX Risk / Return Rank: 84
ARCHX Sharpe Ratio Rank: 86
ARCHX Sortino Ratio Rank: 87
ARCHX Omega Ratio Rank: 80
ARCHX Calmar Ratio Rank: 78
ARCHX Martin Ratio Rank: 88

IOEZX

IOEZX Risk / Return Rank: 66
IOEZX Sharpe Ratio Rank: 56
IOEZX Sortino Ratio Rank: 60
IOEZX Omega Ratio Rank: 47
IOEZX Calmar Ratio Rank: 84
IOEZX Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARCHX vs. IOEZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Archer Balanced Fund (ARCHX) and ICON Equity Income Fund (IOEZX). 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.

	ARCHX	IOEZX	Difference
Sharpe ratio Return per unit of total volatility	2.78	2.22	+0.56
Sortino ratio Return per unit of downside risk	4.15	3.27	+0.88
Omega ratio Gain probability vs. loss probability	1.53	1.38	+0.15
Calmar ratio Return relative to maximum drawdown	3.58	3.93	-0.35
Martin ratio Return relative to average drawdown	17.25	15.05	+2.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARCHX vs. IOEZX - Sharpe Ratio Comparison

The current ARCHX Sharpe Ratio is 2.78, which is comparable to the IOEZX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of ARCHX and IOEZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARCHX	IOEZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.78	2.22	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	0.31	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.01	0.52	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.40	-0.39

Drawdowns

ARCHX vs. IOEZX - Drawdown Comparison

The maximum ARCHX drawdown since its inception was -98.08%, which is greater than IOEZX's maximum drawdown of -56.15%. Use the drawdown chart below to compare losses from any high point for ARCHX and IOEZX.

Drawdown Indicators

	ARCHX	IOEZX	Difference
Max Drawdown Largest peak-to-trough decline	-98.08%	-56.15%	-41.93%
Max Drawdown (1Y) Largest decline over 1 year	-6.26%	-6.77%	+0.51%
Max Drawdown (3Y) Largest decline over 3 years	-98.08%	-13.95%	-84.13%
Max Drawdown (5Y) Largest decline over 5 years	-98.08%	-21.47%	-76.61%
Max Drawdown (10Y) Largest decline over 10 years	-98.08%	-38.12%	-59.96%
Current Drawdown Current decline from peak	-97.39%	-3.07%	-94.32%
Average Drawdown Average peak-to-trough decline	-12.68%	-8.58%	-4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.30%	1.77%	-0.47%

Volatility

ARCHX vs. IOEZX - Volatility Comparison

The current volatility for Archer Balanced Fund (ARCHX) is 1.83%, while ICON Equity Income Fund (IOEZX) has a volatility of 3.54%. This indicates that ARCHX experiences smaller price fluctuations and is considered to be less risky than IOEZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARCHX	IOEZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.83%	3.54%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	6.26%	8.81%	-2.55%
Volatility (1Y) Calculated over the trailing 1-year period	7.93%	12.05%	-4.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2,010.10%	13.83%	+1,996.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,421.37%	16.47%	+1,404.90%

ARCHX vs. IOEZX - Expense Ratio Comparison

ARCHX has a 1.20% expense ratio, which is higher than IOEZX's 1.00% expense ratio.

Dividends

ARCHX vs. IOEZX - Dividend Comparison

ARCHX's dividend yield for the trailing twelve months is around 2.94%, less than IOEZX's 3.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARCHX Archer Balanced Fund	2.94%	2.85%	4.21%	1.32%	3.26%	1.82%	1.31%	2.06%	2.13%	3.11%	2.11%	1.40%
IOEZX ICON Equity Income Fund	3.00%	3.56%	4.32%	3.75%	13.63%	12.92%	3.68%	4.74%	3.80%	3.13%	3.32%	4.24%

Frequently Asked Questions

Can I hold both ARCHX and IOEZX in my portfolio?

ARCHX and IOEZX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARCHX or IOEZX?

IOEZX has higher volatility (3.54%) compared to ARCHX (1.83%). In terms of maximum drawdown, ARCHX dropped -98.08% vs IOEZX's -56.15%.

Which has better risk-adjusted returns?

ARCHX currently has the higher Sharpe Ratio (2.78 vs 2.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.