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.
Correlation
The correlation between ASFIX and DBMF is -0.66. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ASFIX vs. DBMF - Performance Comparison
Key characteristics
Returns By Period
ASFIX
N/A
N/A
N/A
N/A
N/A
N/A
DBMF
-2.03%
0.08%
-2.78%
-10.90%
5.05%
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.
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 5.99%.
| 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 | 5.99% | 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
Volatility
ASFIX vs. DBMF - Volatility Comparison
The current volatility for Absolute Strategies Fund (ASFIX) is 0.00%, while iM DBi Managed Futures Strategy ETF (DBMF) has a volatility of 3.00%. This indicates that ASFIX experiences smaller price fluctuations and is considered to be less risky than DBMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.