CRTBX vs. UPAAX

Last updated Jun 26, 2026

CRTBX (Potomac Tactical Rotation Fund) and UPAAX (Upright Assets Allocation Plus Fund) are both Tactical Allocation funds. Their correlation of 0.84 suggests significant overlap in exposure. CRTBX charges 1.58%/yr vs 2.49%/yr for UPAAX.

Performance

CRTBX vs. UPAAX - Performance Comparison

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

Returns By Period

CRTBX

• 1D: 0.17%
• 1M: 1.12%
• YTD: 9.09%
• 6M: 7.54%
• 1Y: 20.56%
• 3Y*: 9.61%
• 5Y*: 5.48%
• 10Y*: —

UPAAX

• 1D: -0.82%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRTBX vs. UPAAX - Yearly Performance Comparison

	2026 (YTD)
CRTBX Potomac Tactical Rotation Fund	1.29%
UPAAX Upright Assets Allocation Plus Fund	-5.73%

Correlation

The correlation between CRTBX and UPAAX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.84

Return for Risk

CRTBX vs. UPAAX — Risk / Return Rank

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

CRTBX

CRTBX Risk / Return Rank: 80
CRTBX Sharpe Ratio Rank: 72
CRTBX Sortino Ratio Rank: 79
CRTBX Omega Ratio Rank: 76
CRTBX Calmar Ratio Rank: 88
CRTBX Martin Ratio Rank: 86

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.

CRTBX vs. UPAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Potomac Tactical Rotation Fund (CRTBX) 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.

	CRTBX	UPAAX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	3.18	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.80	—	—
Martin ratio: Return relative to average drawdown	13.72	—	—

Drawdowns

CRTBX vs. UPAAX - Drawdown Comparison

The maximum CRTBX drawdown since its inception was -97.82%, which is greater than UPAAX's maximum drawdown of -10.95%. Use the drawdown chart below to compare losses from any high point for CRTBX and UPAAX.

Drawdown Indicators

	CRTBX	UPAAX	Difference
Max Drawdown Largest peak-to-trough decline	-97.82%	-10.95%	-86.87%
Max Drawdown (1Y) Largest decline over 1 year	-5.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-97.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-97.82%	—	—
Current Drawdown Current decline from peak	-97.21%	-9.24%	-87.97%
Average Drawdown Average peak-to-trough decline	-25.58%	-5.43%	-20.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.48%	—	—

Volatility

Volatility by Period

	CRTBX	UPAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.94%	34.91%	-24.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	444.62%	34.91%	+409.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	406.32%	34.91%	+371.41%

CRTBX vs. UPAAX - Expense Ratio Comparison

CRTBX has a 1.58% expense ratio, which is lower than UPAAX's 2.49% expense ratio.

Dividends

CRTBX vs. UPAAX - Dividend Comparison

CRTBX's dividend yield for the trailing twelve months is around 8.44%, while UPAAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
CRTBX Potomac Tactical Rotation Fund	8.44%	9.21%	5.04%	1.03%	0.13%	19.33%	2.85%
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 CRTBX and UPAAX in my portfolio?

CRTBX and UPAAX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.