ATPYX vs. ATGAX

Last updated Jun 24, 2026

ATPYX (Aquila High Income Fund) and ATGAX (Aquila Opportunity Growth Fund) are both mutual funds - ATPYX is a High Yield Bonds fund managed by Aquila, while ATGAX is a Mid Cap Blend Equities fund managed by Aquila. A 0.51 correlation means they provide meaningful diversification when combined. ATPYX charges 0.98%/yr vs 1.50%/yr for ATGAX.

Performance

ATPYX vs. ATGAX - Performance Comparison

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

Returns By Period

ATPYX

• 1D: -0.12%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ATGAX

• 1D: 1.02%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATPYX vs. ATGAX - Yearly Performance Comparison

	2026 (YTD)
ATPYX Aquila High Income Fund	0.24%
ATGAX Aquila Opportunity Growth Fund	3.43%

Correlation

The correlation between ATPYX and ATGAX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.51

Return for Risk

ATPYX vs. ATGAX - Risk-Adjusted Trends Comparison

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

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

Drawdowns

ATPYX vs. ATGAX - Drawdown Comparison

The maximum ATPYX drawdown since its inception was -0.49%, smaller than the maximum ATGAX drawdown of -3.70%. Use the drawdown chart below to compare losses from any high point for ATPYX and ATGAX.

Drawdown Indicators

	ATPYX	ATGAX	Difference
Max Drawdown Largest peak-to-trough decline	-0.49%	-3.70%	+3.21%
Current Drawdown Current decline from peak	-0.37%	0.00%	-0.37%
Average Drawdown Average peak-to-trough decline	-0.24%	-0.93%	+0.69%

Volatility

Volatility by Period

	ATPYX	ATGAX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.99%	19.20%	-16.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.99%	19.20%	-16.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.99%	19.20%	-16.21%

ATPYX vs. ATGAX - Expense Ratio Comparison

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

Dividends

ATPYX vs. ATGAX - Dividend Comparison

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

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

Frequently Asked Questions

Can I hold both ATPYX and ATGAX in my portfolio?

ATPYX and ATGAX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.