CSQAX vs. CIK
CSQAX (Credit Suisse Multialternative Strategy Fund Class A Shares) and CIK (Credit Suisse Asset Management Income Fund) are both mutual funds - CSQAX is a Multistrategy fund tracking the Credit Suisse Liquid Alternative Beta Index, while CIK is a High Yield Bonds fund tracking the BofA Merrill Lynch US High Yield Master II Constrained Index. Both are passively managed. Over the past 10 years, CSQAX returned 3.38%/yr vs 7.69%/yr for CIK. At a 0.14 correlation, their price movements are largely independent. CSQAX charges 1.74%/yr vs 1.50%/yr for CIK.
Performance
CSQAX vs. CIK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSQAX achieves a 4.14% return, which is significantly higher than CIK's -7.02% return. Over the past 10 years, CSQAX has underperformed CIK with an annualized return of 3.38%, while CIK has yielded a comparatively higher 7.69% annualized return.
CSQAX
- 1D
- 0.23%
- 1M
- -0.45%
- YTD
- 4.14%
- 6M
- 3.50%
- 1Y
- 3.44%
- 3Y*
- 4.17%
- 5Y*
- 3.13%
- 10Y*
- 3.38%
CIK
- 1D
- -0.39%
- 1M
- -0.77%
- YTD
- -7.02%
- 6M
- -5.93%
- 1Y
- -3.20%
- 3Y*
- 6.19%
- 5Y*
- 2.40%
- 10Y*
- 7.69%
CSQAX vs. CIK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSQAX Credit Suisse Multialternative Strategy Fund Class A Shares | 4.14% | 0.73% | 0.66% | 1.72% | 5.52% | 9.98% | 6.10% | 2.88% | -4.31% | 4.07% |
CIK Credit Suisse Asset Management Income Fund | -7.02% | 7.53% | 1.01% | 36.79% | -19.19% | 17.88% | 7.39% | 26.82% | -8.94% | 13.39% |
Correlation
The correlation between CSQAX and CIK is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2012 | 0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSQAX vs. CIK — Risk / Return Rank
CSQAX
CIK
CSQAX vs. CIK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX) and Credit Suisse Asset Management Income Fund (CIK). 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.
| CSQAX | CIK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.48 | -0.29 | +0.77 |
Sortino ratioReturn per unit of downside risk | 0.70 | -0.35 | +1.05 |
Omega ratioGain probability vs. loss probability | 1.09 | 0.96 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.70 | -0.16 | +0.86 |
Martin ratioReturn relative to average drawdown | 1.75 | -0.38 | +2.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CSQAX | CIK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | -0.29 | +0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.15 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.45 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.22 | +0.30 |
Drawdowns
CSQAX vs. CIK - Drawdown Comparison
The maximum CSQAX drawdown since its inception was -8.37%, smaller than the maximum CIK drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for CSQAX and CIK.
Loading charts...
Drawdown Indicators
| CSQAX | CIK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.37% | -54.81% | +46.44% |
Max Drawdown (1Y)Largest decline over 1 year | -4.92% | -15.49% | +10.57% |
Max Drawdown (3Y)Largest decline over 3 years | -5.27% | -15.66% | +10.39% |
Max Drawdown (5Y)Largest decline over 5 years | -7.28% | -26.22% | +18.94% |
Max Drawdown (10Y)Largest decline over 10 years | -8.37% | -39.15% | +30.78% |
Current DrawdownCurrent decline from peak | -1.68% | -11.35% | +9.67% |
Average DrawdownAverage peak-to-trough decline | -2.07% | -13.33% | +11.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 6.58% | -4.62% |
Volatility
CSQAX vs. CIK - Volatility Comparison
The current volatility for Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX) is 1.90%, while Credit Suisse Asset Management Income Fund (CIK) has a volatility of 3.04%. This indicates that CSQAX experiences smaller price fluctuations and is considered to be less risky than CIK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSQAX | CIK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.90% | 3.04% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 5.61% | 8.70% | -3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.24% | 11.17% | -3.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.32% | 16.00% | -9.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.03% | 17.29% | -11.26% |
CSQAX vs. CIK - Expense Ratio Comparison
CSQAX has a 1.74% expense ratio, which is higher than CIK's 1.50% expense ratio.
Dividends
CSQAX vs. CIK - Dividend Comparison
CSQAX's dividend yield for the trailing twelve months is around 1.04%, less than CIK's 10.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIK Credit Suisse Asset Management Income Fund | 10.38% | 9.54% | 9.34% | 8.63% | 10.71% | 7.87% | 8.57% | 8.39% | 9.64% | 7.98% | 8.35% | 9.50% |
CSQAX Credit Suisse Multialternative Strategy Fund Class A Shares | 1.04% | 1.09% | 6.54% | 2.73% | 2.59% | 9.06% | 13.23% | 4.77% | 1.84% | 5.27% | 1.87% | 0.24% |
Frequently Asked Questions
CSQAX and CIK have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CIK has higher volatility (3.04%) compared to CSQAX (1.90%). In terms of maximum drawdown, CSQAX dropped -8.37% vs CIK's -54.81%.
CSQAX currently has the higher Sharpe Ratio (0.48 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CSQAX and CIK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer