AXSIX vs. BDKNX

Last updated Apr 1, 2026

Compare and contrast key facts about Axonic Strategic Income Fund (AXSIX) and Braddock Multi-Strategy Income Fund (BDKNX).

AXSIX is managed by Axonic. It was launched on Dec 29, 2019. BDKNX is managed by Liberty Street. It was launched on Jul 30, 2009.

Performance

AXSIX vs. BDKNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Axonic Strategic Income Fund (AXSIX) and Braddock Multi-Strategy Income Fund (BDKNX). The values are adjusted to include any dividend payments, if applicable.

AXSIX vs. BDKNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AXSIX Axonic Strategic Income Fund	0.69%	6.71%	8.30%	7.54%	-6.81%	5.91%	-0.16%
BDKNX Braddock Multi-Strategy Income Fund	0.00%	8.63%	9.00%	12.00%	-11.64%	5.71%	-27.91%

Returns By Period

AXSIX

• 1D: 0.11%
• 1M: -1.11%
• YTD: 0.69%
• 6M: 2.20%
• 1Y: 5.38%
• 3Y*: 7.06%
• 5Y*: 3.79%
• 10Y*: —

BDKNX

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

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

AXSIX vs. BDKNX - Expense Ratio Comparison

AXSIX has a 1.00% expense ratio, which is lower than BDKNX's 1.53% expense ratio.

BDKNX

Braddock Multi-Strategy Income Fund

AXSIX

Axonic Strategic Income Fund

Return for Risk

AXSIX vs. BDKNX — Risk / Return Rank

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

AXSIX

AXSIX Risk / Return Rank: 97
AXSIX Sharpe Ratio Rank: 96
AXSIX Sortino Ratio Rank: 98
AXSIX Omega Ratio Rank: 97
AXSIX Calmar Ratio Rank: 98
AXSIX Martin Ratio Rank: 98

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.

AXSIX vs. BDKNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axonic Strategic Income Fund (AXSIX) and Braddock Multi-Strategy Income Fund (BDKNX). 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.

	AXSIX	BDKNX	Difference
Sharpe ratio Return per unit of total volatility	2.40	—	—
Sortino ratio Return per unit of downside risk	5.06	—	—
Omega ratio Gain probability vs. loss probability	1.64	—	—
Calmar ratio Return relative to maximum drawdown	4.97	—	—
Martin ratio Return relative to average drawdown	18.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AXSIX	BDKNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	—	—

Correlation

The correlation between AXSIX and BDKNX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AXSIX vs. BDKNX - Dividend Comparison

AXSIX's dividend yield for the trailing twelve months is around 6.06%, less than BDKNX's 6.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AXSIX Axonic Strategic Income Fund	6.06%	6.39%	6.52%	6.24%	3.89%	6.70%	2.04%	0.00%	0.00%	0.00%	0.00%
BDKNX Braddock Multi-Strategy Income Fund	6.46%	8.33%	6.45%	6.57%	5.46%	3.63%	4.32%	4.03%	4.42%	4.94%	5.67%

Drawdowns

Drawdown Indicators

	AXSIX	BDKNX	Difference
Max Drawdown Largest peak-to-trough decline	-12.55%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.87%	—	—
Current Drawdown Current decline from peak	-1.11%	—	—
Average Drawdown Average peak-to-trough decline	-2.01%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.33%	—	—

Volatility

Volatility by Period

	AXSIX	BDKNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.51%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.15%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.73%	—	—