ATGAX vs. QCGDX

Last updated Jun 3, 2026

ATGAX (Aquila Opportunity Growth Fund) and QCGDX (Quantified Common Ground Fund) 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 1.68%/yr for QCGDX.

Performance

ATGAX vs. QCGDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aquila Opportunity Growth Fund (ATGAX) and Quantified Common Ground Fund (QCGDX). 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*: —

QCGDX

• 1D: -0.11%
• 1M: 0.29%
• YTD: 16.31%
• 6M: 17.42%
• 1Y: 21.23%
• 3Y*: 13.09%
• 5Y*: 8.64%
• 10Y*: —

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

ATGAX vs. QCGDX - Yearly Performance Comparison

	2026 (YTD)
ATGAX Aquila Opportunity Growth Fund	0.87%
QCGDX Quantified Common Ground Fund	-0.06%

Correlation

The correlation between ATGAX and QCGDX 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. QCGDX — Risk / Return Rank

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

QCGDX

QCGDX Risk / Return Rank: 56
QCGDX Sharpe Ratio Rank: 39
QCGDX Sortino Ratio Rank: 41
QCGDX Omega Ratio Rank: 40
QCGDX Calmar Ratio Rank: 83
QCGDX Martin Ratio Rank: 76

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. QCGDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aquila Opportunity Growth Fund (ATGAX) and Quantified Common Ground Fund (QCGDX). 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	QCGDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.82	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	30.24	0.68	+29.56

Drawdowns

ATGAX vs. QCGDX - Drawdown Comparison

The maximum ATGAX drawdown since its inception was 0.00%, smaller than the maximum QCGDX drawdown of -22.37%. Use the drawdown chart below to compare losses from any high point for ATGAX and QCGDX.

Drawdown Indicators

	ATGAX	QCGDX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-22.37%	+22.37%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.18%	—
Current Drawdown Current decline from peak	0.00%	-1.85%	+1.85%
Average Drawdown Average peak-to-trough decline	0.00%	-6.13%	+6.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.52%	—

Volatility

Volatility by Period

	ATGAX	QCGDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	11.67%	-2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.31%	14.74%	-5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.31%	16.45%	-7.14%

ATGAX vs. QCGDX - Expense Ratio Comparison

ATGAX has a 1.50% expense ratio, which is lower than QCGDX's 1.68% expense ratio.

Dividends

ATGAX vs. QCGDX - Dividend Comparison

ATGAX has not paid dividends to shareholders, while QCGDX's dividend yield for the trailing twelve months is around 0.60%.

Position	TTM	2025	2024	2023	2022	2021	2020
ATGAX Aquila Opportunity Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QCGDX Quantified Common Ground Fund	0.60%	0.69%	4.42%	0.22%	0.00%	5.44%	1.65%

Frequently Asked Questions

Can I hold both ATGAX and QCGDX in my portfolio?

ATGAX and QCGDX 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.