ATGAX vs. FTHMX

Last updated Jun 3, 2026

ATGAX (Aquila Opportunity Growth Fund) and FTHMX (FullerThaler Behavioral Mid-Cap Equity Fund Institutional Shares) are both Mid Cap Blend Equities funds. At a correlation of -1.00, they often move in opposite directions. ATGAX charges 1.50%/yr vs 0.83%/yr for FTHMX.

Performance

ATGAX vs. FTHMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aquila Opportunity Growth Fund (ATGAX) and FullerThaler Behavioral Mid-Cap Equity Fund Institutional Shares (FTHMX). 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*: —

FTHMX

• 1D: -0.09%
• 1M: 1.33%
• YTD: 14.15%
• 6M: 14.85%
• 1Y: 28.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATGAX vs. FTHMX - Yearly Performance Comparison

	2026 (YTD)
ATGAX Aquila Opportunity Growth Fund	0.87%
FTHMX FullerThaler Behavioral Mid-Cap Equity Fund Institutional Shares	-0.03%

Correlation

The correlation between ATGAX and FTHMX is -1.00, 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	-1.00

Return for Risk

ATGAX vs. FTHMX — Risk / Return Rank

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

FTHMX

FTHMX Risk / Return Rank: 70
FTHMX Sharpe Ratio Rank: 60
FTHMX Sortino Ratio Rank: 63
FTHMX Omega Ratio Rank: 53
FTHMX Calmar Ratio Rank: 90
FTHMX Martin Ratio Rank: 85

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. FTHMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aquila Opportunity Growth Fund (ATGAX) and FullerThaler Behavioral Mid-Cap Equity Fund Institutional Shares (FTHMX). 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	FTHMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	30.24	1.29	+28.95

Drawdowns

ATGAX vs. FTHMX - Drawdown Comparison

The maximum ATGAX drawdown since its inception was 0.00%, smaller than the maximum FTHMX drawdown of -20.45%. Use the drawdown chart below to compare losses from any high point for ATGAX and FTHMX.

Drawdown Indicators

	ATGAX	FTHMX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-20.45%	+20.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.33%	—
Current Drawdown Current decline from peak	0.00%	-0.37%	+0.37%
Average Drawdown Average peak-to-trough decline	0.00%	-3.04%	+3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	ATGAX	FTHMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	12.66%	-3.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.31%	15.44%	-6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.31%	15.44%	-6.13%

ATGAX vs. FTHMX - Expense Ratio Comparison

ATGAX has a 1.50% expense ratio, which is higher than FTHMX's 0.83% expense ratio.

Dividends

ATGAX vs. FTHMX - Dividend Comparison

ATGAX has not paid dividends to shareholders, while FTHMX's dividend yield for the trailing twelve months is around 0.29%.

Position	TTM	2025	2024	2023
ATGAX Aquila Opportunity Growth Fund	0.00%	0.00%	0.00%	0.00%
FTHMX FullerThaler Behavioral Mid-Cap Equity Fund Institutional Shares	0.29%	0.33%	0.28%	0.18%

Frequently Asked Questions

Can I hold both ATGAX and FTHMX in my portfolio?

ATGAX and FTHMX have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.