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 3.11%/yr vs 6.98%/yr for CIK. Their 0.14 correlation means their historical movements had little consistent relationship. CSQAX charges 1.74%/yr vs 1.50%/yr for CIK.
Performance
CSQAX vs. CIK - Performance Comparison
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Returns By Period
In the year-to-date period, CSQAX achieves a 3.33% return, which is significantly higher than CIK's -9.24% return. Over the past 10 years, CSQAX has underperformed CIK with an annualized return of 3.11%, while CIK has yielded a comparatively higher 6.98% annualized return.
CSQAX
- 1D
- 0.00%
- 1M
- 1.28%
- 6M
- 2.36%
- YTD
- 3.33%
- 1Y
- 4.08%
- 3Y*
- 3.38%
- 5Y*
- 2.70%
- 10Y*
- 3.11%
- ALL TIME*
- 2.84%
CIK
- 1D
- -0.41%
- 1M
- -0.82%
- 6M
- -9.63%
- YTD
- -9.24%
- 1Y
- -10.54%
- 3Y*
- 2.19%
- 5Y*
- 2.22%
- 10Y*
- 6.98%
- ALL TIME*
- 4.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $863.38K | $1.11M | $1.61M | |
| $0.00 | $0.00 | $0.00 |
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 | 3.33% | 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 | -9.24% | 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 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.10 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2012 | 0.14 |
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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.
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.
| CSQAX | CIK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.85 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | -0.68 | +1.77 |
| Martin ratioReturn relative to average drawdown | 2.66 | -1.25 | +3.91 |
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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.
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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% | -15.49% | +10.22% |
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 | -2.44% | -13.47% | +11.03% |
Average DrawdownAverage peak-to-trough decline | -2.08% | -13.32% | +11.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 8.45% | -6.44% |
Volatility
CSQAX vs. CIK - Volatility Comparison
The current volatility for Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX) is 2.22%, while Credit Suisse Asset Management Income Fund (CIK) has a volatility of 2.99%. 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.
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Volatility by Period
| CSQAX | CIK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.22% | 2.99% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 5.98% | 9.22% | -3.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.73% | 11.51% | -3.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.48% | 15.94% | -9.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.13% | 17.28% | -11.15% |
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 1.30%, less than CIK's 10.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIK Credit Suisse Asset Management Income Fund | 10.60% | 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 | 1.30% | 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 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CIK has higher volatility (2.99%) compared to CSQAX (2.22%). In terms of maximum drawdown, CSQAX dropped -8.37% vs CIK's -54.81%.
CSQAX currently has the higher Sharpe Ratio (0.69 vs -0.92), 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.
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