ATGAX vs. DDDIX

Last updated Jun 3, 2026

ATGAX (Aquila Opportunity Growth Fund) and DDDIX (13D Activist Fund) are both Mid Cap Blend Equities funds. With a 1.00 correlation, they move nearly in lockstep. ATGAX charges 1.50%/yr vs 1.51%/yr for DDDIX.

Performance

ATGAX vs. DDDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aquila Opportunity Growth Fund (ATGAX) and 13D Activist Fund (DDDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATGAX

• 1D: 0.85%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDDIX

• 1D: 0.94%
• 1M: 12.27%
• YTD: 28.28%
• 6M: 30.40%
• 1Y: 44.56%
• 3Y*: 13.86%
• 5Y*: 3.99%
• 10Y*: 10.69%

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

ATGAX vs. DDDIX - Yearly Performance Comparison

	2026 (YTD)
ATGAX Aquila Opportunity Growth Fund	0.87%
DDDIX 13D Activist Fund	1.21%

Correlation

The correlation between ATGAX and DDDIX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	1.00

Return for Risk

ATGAX vs. DDDIX — Risk / Return Rank

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

DDDIX

DDDIX Risk / Return Rank: 65
DDDIX Sharpe Ratio Rank: 61
DDDIX Sortino Ratio Rank: 55
DDDIX Omega Ratio Rank: 50
DDDIX Calmar Ratio Rank: 87
DDDIX Martin Ratio Rank: 72

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.

ATGAX vs. DDDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aquila Opportunity Growth Fund (ATGAX) and 13D Activist Fund (DDDIX). 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	DDDIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.30	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.20	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	30.24	0.62	+29.62

Drawdowns

ATGAX vs. DDDIX - Drawdown Comparison

The maximum ATGAX drawdown since its inception was 0.00%, smaller than the maximum DDDIX drawdown of -43.82%. Use the drawdown chart below to compare losses from any high point for ATGAX and DDDIX.

Drawdown Indicators

	ATGAX	DDDIX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-43.82%	+43.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.82%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-7.15%	+7.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.33%	—

Volatility

Volatility by Period

	ATGAX	DDDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	19.90%	-10.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.31%	20.19%	-10.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.31%	20.99%	-11.68%

ATGAX vs. DDDIX - Expense Ratio Comparison

ATGAX has a 1.50% expense ratio, which is lower than DDDIX's 1.51% expense ratio.

Dividends

ATGAX vs. DDDIX - Dividend Comparison

ATGAX has not paid dividends to shareholders, while DDDIX's dividend yield for the trailing twelve months is around 3.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATGAX Aquila Opportunity Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DDDIX 13D Activist Fund	3.60%	4.62%	5.16%	3.89%	9.39%	9.30%	6.98%	6.88%	5.33%	1.69%

Frequently Asked Questions

Can I hold both ATGAX and DDDIX in my portfolio?

With a correlation of 1.00, ATGAX and DDDIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.