CRDBX vs. UPAAX

Last updated Jun 24, 2026

CRDBX (Potomac Defensive Bull Fund) and UPAAX (Upright Assets Allocation Plus Fund) are both Tactical Allocation funds. A 0.70 correlation means they provide meaningful diversification when combined. CRDBX charges 1.24%/yr vs 2.49%/yr for UPAAX.

Performance

CRDBX vs. UPAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Potomac Defensive Bull Fund (CRDBX) and Upright Assets Allocation Plus Fund (UPAAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRDBX

• 1D: -0.59%
• 1M: 3.98%
• YTD: 19.84%
• 6M: 18.05%
• 1Y: 43.85%
• 3Y*: 20.23%
• 5Y*: 15.90%
• 10Y*: —

UPAAX

• 1D: 0.72%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRDBX vs. UPAAX - Yearly Performance Comparison

	2026 (YTD)
CRDBX Potomac Defensive Bull Fund	2.85%
UPAAX Upright Assets Allocation Plus Fund	-2.10%

Correlation

The correlation between CRDBX and UPAAX is 0.70, 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	0.70

Return for Risk

CRDBX vs. UPAAX — Risk / Return Rank

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

CRDBX

CRDBX Risk / Return Rank: 93
CRDBX Sharpe Ratio Rank: 93
CRDBX Sortino Ratio Rank: 90
CRDBX Omega Ratio Rank: 91
CRDBX Calmar Ratio Rank: 97
CRDBX Martin Ratio Rank: 95

UPAAX

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

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.

CRDBX vs. UPAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Potomac Defensive Bull Fund (CRDBX) and Upright Assets Allocation Plus Fund (UPAAX). 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.

	CRDBX	UPAAX	Difference
Sharpe ratio: Return per unit of total volatility	2.89	—	—
Sortino ratio: Return per unit of downside risk	4.04	—	—
Omega ratio: Gain probability vs. loss probability	1.64	—	—
Calmar ratio: Return relative to maximum drawdown	6.18	—	—
Martin ratio: Return relative to average drawdown	20.03	—	—

Drawdowns

CRDBX vs. UPAAX - Drawdown Comparison

The maximum CRDBX drawdown since its inception was -28.12%, which is greater than UPAAX's maximum drawdown of -10.95%. Use the drawdown chart below to compare losses from any high point for CRDBX and UPAAX.

Drawdown Indicators

	CRDBX	UPAAX	Difference
Max Drawdown Largest peak-to-trough decline	-28.12%	-10.95%	-17.17%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.12%	—	—
Current Drawdown Current decline from peak	-1.91%	-5.75%	+3.84%
Average Drawdown Average peak-to-trough decline	-6.53%	-5.02%	-1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	—	—

Volatility

Volatility by Period

	CRDBX	UPAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.28%	35.34%	-20.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.88%	35.34%	-15.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.40%	35.34%	-14.94%

CRDBX vs. UPAAX - Expense Ratio Comparison

CRDBX has a 1.24% expense ratio, which is lower than UPAAX's 2.49% expense ratio.

Dividends

CRDBX vs. UPAAX - Dividend Comparison

CRDBX's dividend yield for the trailing twelve months is around 12.82%, while UPAAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
CRDBX Potomac Defensive Bull Fund	12.82%	15.36%	12.58%	9.91%	0.18%	25.05%	1.65%
UPAAX Upright Assets Allocation Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRDBX and UPAAX in my portfolio?

CRDBX and UPAAX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.