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ASFYX vs. AMFAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ASFYX vs. AMFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) and AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX). The values are adjusted to include any dividend payments, if applicable.

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ASFYX vs. AMFAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y
6.59%-9.67%-3.22%-10.33%35.67%3.52%13.59%8.99%-12.59%6.78%
AMFAX
AlphaSimplex Managed Futures Strategy Fund Class A
6.43%-9.75%-3.56%-10.59%35.38%3.28%13.29%8.03%-12.87%6.54%

Returns By Period

The year-to-date returns for both stocks are quite close, with ASFYX having a 6.59% return and AMFAX slightly lower at 6.43%. Over the past 10 years, ASFYX has outperformed AMFAX with an annualized return of 1.87%, while AMFAX has yielded a comparatively lower 1.54% annualized return.


ASFYX

1D
0.00%
1M
-1.55%
YTD
6.59%
6M
10.95%
1Y
3.41%
3Y*
-2.89%
5Y*
2.30%
10Y*
1.87%

AMFAX

1D
0.00%
1M
-1.70%
YTD
6.43%
6M
10.88%
1Y
3.13%
3Y*
-3.17%
5Y*
2.03%
10Y*
1.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ASFYX vs. AMFAX - Expense Ratio Comparison

ASFYX has a 1.47% expense ratio, which is lower than AMFAX's 1.72% expense ratio.


Return for Risk

ASFYX vs. AMFAX — Risk / Return Rank

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

ASFYX
ASFYX Risk / Return Rank: 88
Overall Rank
ASFYX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
ASFYX Sortino Ratio Rank: 88
Sortino Ratio Rank
ASFYX Omega Ratio Rank: 88
Omega Ratio Rank
ASFYX Calmar Ratio Rank: 88
Calmar Ratio Rank
ASFYX Martin Ratio Rank: 77
Martin Ratio Rank

AMFAX
AMFAX Risk / Return Rank: 88
Overall Rank
AMFAX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
AMFAX Sortino Ratio Rank: 77
Sortino Ratio Rank
AMFAX Omega Ratio Rank: 88
Omega Ratio Rank
AMFAX Calmar Ratio Rank: 88
Calmar Ratio Rank
AMFAX Martin Ratio Rank: 77
Martin Ratio Rank
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.

ASFYX vs. AMFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) and AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX). 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.


ASFYXAMFAXDifference

Sharpe ratio

Return per unit of total volatility

0.18

0.15

+0.02

Sortino ratio

Return per unit of downside risk

0.30

0.27

+0.03

Omega ratio

Gain probability vs. loss probability

1.04

1.04

0.00

Calmar ratio

Return relative to maximum drawdown

0.10

0.08

+0.02

Martin ratio

Return relative to average drawdown

0.16

0.13

+0.04

ASFYX vs. AMFAX - Sharpe Ratio Comparison

The current ASFYX Sharpe Ratio is 0.18, which is comparable to the AMFAX Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of ASFYX and AMFAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ASFYXAMFAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.18

0.15

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.17

0.15

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.15

0.12

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.28

+0.02

Correlation

The correlation between ASFYX and AMFAX is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

ASFYX vs. AMFAX - Dividend Comparison

ASFYX's dividend yield for the trailing twelve months is around 1.43%, less than AMFAX's 1.73% yield.


TTM20252024202320222021202020192018201720162015
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y
1.43%1.52%1.46%0.99%32.48%6.07%3.40%5.51%1.30%0.07%0.01%5.06%
AMFAX
AlphaSimplex Managed Futures Strategy Fund Class A
1.73%1.84%1.28%0.30%32.70%5.74%3.14%4.71%1.31%0.00%0.00%4.92%

Drawdowns

ASFYX vs. AMFAX - Drawdown Comparison

The maximum ASFYX drawdown since its inception was -36.43%, roughly equal to the maximum AMFAX drawdown of -36.84%. Use the drawdown chart below to compare losses from any high point for ASFYX and AMFAX.


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Drawdown Indicators


ASFYXAMFAXDifference

Max Drawdown

Largest peak-to-trough decline

-36.43%

-36.84%

+0.41%

Max Drawdown (1Y)

Largest decline over 1 year

-13.51%

-13.54%

+0.03%

Max Drawdown (5Y)

Largest decline over 5 years

-36.43%

-36.84%

+0.41%

Max Drawdown (10Y)

Largest decline over 10 years

-36.43%

-36.84%

+0.41%

Current Drawdown

Current decline from peak

-24.37%

-25.04%

+0.67%

Average Drawdown

Average peak-to-trough decline

-13.09%

-13.54%

+0.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.72%

8.79%

-0.07%

Volatility

ASFYX vs. AMFAX - Volatility Comparison

AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) and AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) have volatilities of 3.86% and 3.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ASFYXAMFAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.86%

3.94%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

10.01%

10.02%

-0.01%

Volatility (1Y)

Calculated over the trailing 1-year period

13.02%

13.06%

-0.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.68%

13.68%

0.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.68%

12.67%

+0.01%