ATGAX vs. ATPYX

Last updated Jun 4, 2026

ATGAX (Aquila Opportunity Growth Fund) and ATPYX (Aquila High Income Fund) are both mutual funds - ATGAX is a Mid Cap Blend Equities fund managed by Aquila, while ATPYX is a High Yield Bonds fund managed by Aquila. At a correlation of -0.50, they often move in opposite directions. ATGAX charges 1.50%/yr vs 0.98%/yr for ATPYX.

Performance

ATGAX vs. ATPYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aquila Opportunity Growth Fund (ATGAX) and Aquila High Income Fund (ATPYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATGAX

• 1D: 1.15%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ATPYX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATGAX vs. ATPYX - Yearly Performance Comparison

	2026 (YTD)
ATGAX Aquila Opportunity Growth Fund	2.03%
ATPYX Aquila High Income Fund	0.49%

Correlation

The correlation between ATGAX and ATPYX is -0.50, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-0.50

Return for Risk

ATGAX vs. ATPYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aquila Opportunity Growth Fund (ATGAX) and Aquila High Income Fund (ATPYX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ATGAX	ATPYX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	58.33	9.92	+48.41

Drawdowns

ATGAX vs. ATPYX - Drawdown Comparison

The maximum ATGAX drawdown since its inception was 0.00%, smaller than the maximum ATPYX drawdown of -0.12%. Use the drawdown chart below to compare losses from any high point for ATGAX and ATPYX.

Drawdown Indicators

	ATGAX	ATPYX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-0.12%	+0.12%
Current Drawdown Current decline from peak	0.00%	-0.12%	+0.12%
Average Drawdown Average peak-to-trough decline	0.00%	-0.08%	+0.08%

Volatility

Volatility by Period

	ATGAX	ATPYX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.26%	6.24%	+3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.26%	6.24%	+3.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.26%	6.24%	+3.02%

ATGAX vs. ATPYX - Expense Ratio Comparison

ATGAX has a 1.50% expense ratio, which is higher than ATPYX's 0.98% expense ratio.

Dividends

ATGAX vs. ATPYX - Dividend Comparison

ATGAX has not paid dividends to shareholders, while ATPYX's dividend yield for the trailing twelve months is around 0.49%.

Position	TTM
ATGAX Aquila Opportunity Growth Fund	0.00%
ATPYX Aquila High Income Fund	0.49%

Frequently Asked Questions

Can I hold both ATGAX and ATPYX in my portfolio?

ATGAX and ATPYX have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.