Correlation
The correlation between ASFIX and DBMF is 0.15, 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.
ASFIX vs. DBMF
Compare and contrast key facts about Absolute Strategies Fund (ASFIX) and iM DBi Managed Futures Strategy ETF (DBMF).
ASFIX is managed by Absolute Investment Advisers. It was launched on Jul 26, 2005. 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: ASFIX or DBMF.
Performance
ASFIX vs. DBMF - Performance Comparison
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Key characteristics
Returns By Period
ASFIX
N/A
N/A
N/A
N/A
N/A
N/A
N/A
DBMF
-2.91%
0.52%
-3.65%
-10.01%
-1.70%
5.69%
N/A
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ASFIX vs. DBMF - Expense Ratio Comparison
ASFIX has a 1.64% expense ratio, which is higher than DBMF's 0.85% expense ratio.
Risk-Adjusted Performance
ASFIX vs. DBMF — Risk-Adjusted Performance Rank
ASFIX
DBMF
ASFIX vs. DBMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Absolute Strategies Fund (ASFIX) 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.
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Dividends
ASFIX vs. DBMF - Dividend Comparison
ASFIX has not paid dividends to shareholders, while DBMF's dividend yield for the trailing twelve months is around 6.04%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ASFIX Absolute Strategies Fund | 2.68% | 2.68% | 0.72% | 0.00% | 2.79% | 0.00% | 0.08% | 0.00% | 0.00% | 14.47% | 8.35% |
DBMF iM DBi Managed Futures Strategy ETF | 6.04% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.34% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ASFIX vs. DBMF - Drawdown Comparison
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Volatility
ASFIX vs. DBMF - Volatility Comparison
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