ATESX vs. WFSPX
ATESX (Anchor Risk Managed Equity Strategies Fund) and WFSPX (iShares S&P 500 Index Fund Class K) are both mutual funds - ATESX is a Long-Short fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, ATESX returned 4.49%/yr vs 13.11%/yr for WFSPX. A 0.62 correlation means they provide meaningful diversification when combined. ATESX charges 2.10%/yr vs 0.03%/yr for WFSPX.
Performance
ATESX vs. WFSPX - Performance Comparison
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Returns By Period
In the year-to-date period, ATESX achieves a 5.46% return, which is significantly lower than WFSPX's 8.19% return.
ATESX
- 1D
- -2.58%
- 1M
- -3.34%
- YTD
- 5.46%
- 6M
- 3.91%
- 1Y
- 11.02%
- 3Y*
- 6.48%
- 5Y*
- 4.49%
- 10Y*
- —
WFSPX
- 1D
- -1.43%
- 1M
- -1.34%
- YTD
- 8.19%
- 6M
- 6.86%
- 1Y
- 22.29%
- 3Y*
- 20.77%
- 5Y*
- 13.11%
- 10Y*
- 15.51%
ATESX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATESX Anchor Risk Managed Equity Strategies Fund | 5.46% | 5.56% | 7.21% | 8.12% | -9.25% | 11.06% | 18.02% | 20.31% | 3.72% | 16.12% |
WFSPX iShares S&P 500 Index Fund Class K | 8.19% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Correlation
The correlation between ATESX and WFSPX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.62 |
The correlation between ATESX and WFSPX shifts across timeframes, from 0.59 (5 years) to 0.80 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ATESX vs. WFSPX — Risk / Return Rank
ATESX
WFSPX
ATESX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Anchor Risk Managed Equity Strategies Fund (ATESX) and iShares S&P 500 Index Fund Class K (WFSPX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ATESX | WFSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.34 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 2.67 | -1.33 |
| Martin ratioReturn relative to average drawdown | 2.54 | 11.99 | -9.45 |
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Drawdowns
ATESX vs. WFSPX - Drawdown Comparison
The maximum ATESX drawdown since its inception was -12.87%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for ATESX and WFSPX.
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Drawdown Indicators
| ATESX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.87% | -58.21% | +45.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.92% | -8.90% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -10.73% | -18.74% | +8.01% |
Max Drawdown (5Y)Largest decline over 5 years | -12.87% | -24.51% | +11.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.74% | — |
Current DrawdownCurrent decline from peak | -6.24% | -3.13% | -3.11% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -12.76% | +9.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.67% | 1.98% | +2.69% |
Volatility
ATESX vs. WFSPX - Volatility Comparison
Anchor Risk Managed Equity Strategies Fund (ATESX) has a higher volatility of 6.55% compared to iShares S&P 500 Index Fund Class K (WFSPX) at 4.90%. This indicates that ATESX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATESX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 4.90% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 8.90% | 9.93% | -1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.00% | 12.56% | -0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.73% | 16.98% | -6.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.12% | 18.04% | -6.92% |
ATESX vs. WFSPX - Expense Ratio Comparison
ATESX has a 2.10% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Dividends
ATESX vs. WFSPX - Dividend Comparison
ATESX has not paid dividends to shareholders, while WFSPX's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATESX Anchor Risk Managed Equity Strategies Fund | 0.00% | 0.00% | 0.00% | 1.30% | 7.45% | 0.00% | 0.00% | 11.78% | 7.70% | 6.02% | 0.00% | 0.00% |
WFSPX iShares S&P 500 Index Fund Class K | 1.61% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Frequently Asked Questions
ATESX and WFSPX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATESX has higher volatility (6.55%) compared to WFSPX (4.90%). In terms of maximum drawdown, ATESX dropped -12.87% vs WFSPX's -58.21%.
WFSPX currently has the higher Sharpe Ratio (1.90 vs 0.99), 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.
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