CZMSX vs. ASFYX
Compare and contrast key facts about Multi-Manager Small Cap Equity Strategies Fund (CZMSX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).
CZMSX is managed by BlackRock. It was launched on Jan 3, 2017. ASFYX is managed by BlackRock. It was launched on Jul 30, 2010.
Performance
CZMSX vs. ASFYX - Performance Comparison
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CZMSX vs. ASFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CZMSX Multi-Manager Small Cap Equity Strategies Fund | -2.48% | 1.55% | 8.55% | 15.65% | -20.05% | 19.40% | 20.47% | 27.16% | -10.77% | 14.84% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 6.59% | -9.67% | -3.22% | -10.33% | 35.67% | 3.52% | 13.59% | 8.99% | -12.59% | 6.14% |
Returns By Period
In the year-to-date period, CZMSX achieves a -2.48% return, which is significantly lower than ASFYX's 6.59% return.
CZMSX
- 1D
- -0.80%
- 1M
- -7.95%
- YTD
- -2.48%
- 6M
- -1.21%
- 1Y
- 10.40%
- 3Y*
- 6.45%
- 5Y*
- 1.18%
- 10Y*
- —
ASFYX
- 1D
- 0.00%
- 1M
- -1.55%
- YTD
- 6.59%
- 6M
- 10.95%
- 1Y
- 3.41%
- 3Y*
- -2.89%
- 5Y*
- 2.30%
- 10Y*
- 1.87%
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CZMSX vs. ASFYX - Expense Ratio Comparison
CZMSX has a 0.99% expense ratio, which is lower than ASFYX's 1.47% expense ratio.
Return for Risk
CZMSX vs. ASFYX — Risk / Return Rank
CZMSX
ASFYX
CZMSX vs. ASFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Multi-Manager Small Cap Equity Strategies Fund (CZMSX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). 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.
| CZMSX | ASFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.44 | 0.18 | +0.27 |
Sortino ratioReturn per unit of downside risk | 0.79 | 0.30 | +0.49 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.04 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.54 | 0.10 | +0.44 |
Martin ratioReturn relative to average drawdown | 2.06 | 0.16 | +1.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CZMSX | ASFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 0.18 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.17 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.31 | -0.02 |
Correlation
The correlation between CZMSX and ASFYX is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CZMSX vs. ASFYX - Dividend Comparison
CZMSX's dividend yield for the trailing twelve months is around 9.07%, more than ASFYX's 1.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZMSX Multi-Manager Small Cap Equity Strategies Fund | 9.07% | 8.85% | 3.05% | 2.04% | 10.31% | 17.14% | 0.31% | 5.75% | 7.94% | 7.88% | 0.00% | 0.00% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.43% | 1.52% | 1.46% | 0.99% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% |
Drawdowns
CZMSX vs. ASFYX - Drawdown Comparison
The maximum CZMSX drawdown since its inception was -40.96%, which is greater than ASFYX's maximum drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for CZMSX and ASFYX.
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Drawdown Indicators
| CZMSX | ASFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.96% | -36.43% | -4.53% |
Max Drawdown (1Y)Largest decline over 1 year | -13.87% | -13.51% | -0.36% |
Max Drawdown (5Y)Largest decline over 5 years | -37.16% | -36.43% | -0.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.43% | — |
Current DrawdownCurrent decline from peak | -15.76% | -24.37% | +8.61% |
Average DrawdownAverage peak-to-trough decline | -13.81% | -13.09% | -0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 8.72% | -5.06% |
Volatility
CZMSX vs. ASFYX - Volatility Comparison
Multi-Manager Small Cap Equity Strategies Fund (CZMSX) has a higher volatility of 5.85% compared to AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) at 3.86%. This indicates that CZMSX's price experiences larger fluctuations and is considered to be riskier than ASFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CZMSX | ASFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.85% | 3.86% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 12.70% | 10.01% | +2.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.33% | 13.02% | +9.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.90% | 13.68% | +10.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.25% | 12.68% | +11.57% |