CFNDX vs. ABRZX

Last updated Aug 4, 2026

CFNDX (Cargile Fund) and ABRZX (Invesco Balanced-Risk Allocation Fund Class A) are both Tactical Allocation funds. Their 0.36 correlation means their historical movements had little consistent relationship. CFNDX charges 1.52%/yr vs 1.41%/yr for ABRZX.

Performance

CFNDX vs. ABRZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cargile Fund (CFNDX) and Invesco Balanced-Risk Allocation Fund Class A (ABRZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CFNDX

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

ABRZX

• 1D: -0.21%
• 1M: 1.37%
• 6M: 13.19%
• YTD: 17.77%
• 1Y: 24.70%
• 3Y*: 9.84%
• 5Y*: 3.64%
• 10Y*: 4.36%
• ALL TIME*: 5.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ABRZX Invesco Balanced-Risk Allocation Fund Class A	$0.00	$0.00	$0.00

CFNDX vs. ABRZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CFNDX Cargile Fund	8.04%	11.71%	-0.91%	6.05%	-14.71%	6.60%	-4.36%	9.00%	0.00%
ABRZX Invesco Balanced-Risk Allocation Fund Class A	17.77%	8.20%	3.14%	5.97%	-14.96%	9.36%	9.20%	9.43%	-6.58%

Correlation

The correlation between CFNDX and ABRZX is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.43
Correlation (5Y) Shows whether the relationship held over a longer period.	0.37
Correlation (All Time) Calculated using the full available price history since Jul 10, 2018	0.36

The correlation between CFNDX and ABRZX shifts across timeframes, from 0.36 (all time) to 0.48 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CFNDX vs. ABRZX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CFNDX

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

ABRZX

ABRZX Risk / Return Rank: 92
ABRZX Sharpe Ratio Rank: 94
ABRZX Sortino Ratio Rank: 89
ABRZX Omega Ratio Rank: 88
ABRZX Calmar Ratio Rank: 97
ABRZX Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CFNDX vs. ABRZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cargile Fund (CFNDX) and Invesco Balanced-Risk Allocation Fund Class A (ABRZX). 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.

	CFNDX	ABRZX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.48	—
Sortino ratio: Return per unit of downside risk	—	3.32	—
Omega ratio: Gain probability vs. loss probability	—	1.46	—
Calmar ratio: Return relative to maximum drawdown	—	5.34	—
Martin ratio: Return relative to average drawdown	—	14.56	—

Drawdowns

Drawdown Indicators

	CFNDX	ABRZX	Difference
Max Drawdown Largest peak-to-trough decline	—	-26.62%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.33%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.62%	—
Current Drawdown Current decline from peak	—	-2.83%	—
Average Drawdown Average peak-to-trough decline	—	-4.73%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.66%	—

Volatility

Volatility by Period

	CFNDX	ABRZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	9.81%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.30%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	10.94%	—

CFNDX vs. ABRZX - Expense Ratio Comparison

CFNDX has a 1.52% expense ratio, which is higher than ABRZX's 1.41% expense ratio.

Dividends

CFNDX vs. ABRZX - Dividend Comparison

CFNDX's dividend yield for the trailing twelve months is around 1.27%, less than ABRZX's 2.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABRZX Invesco Balanced-Risk Allocation Fund Class A	2.87%	3.38%	13.28%	2.21%	0.00%	26.02%	1.18%	6.49%	0.00%	6.43%	4.41%	6.91%
CFNDX Cargile Fund	1.27%	1.05%	1.45%	2.56%	0.00%	0.00%	1.16%	1.24%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CFNDX and ABRZX in my portfolio?

CFNDX and ABRZX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.