DEVDX vs. EVDAX

Last updated Jun 4, 2026

DEVDX (Driehaus Event Driven Fund) and EVDAX (Camelot Event Driven Fund Class A) are both Event Driven funds. At a 0.29 correlation, their price movements are largely independent. DEVDX charges 1.66%/yr vs 2.22%/yr for EVDAX.

Performance

DEVDX vs. EVDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Driehaus Event Driven Fund (DEVDX) and Camelot Event Driven Fund Class A (EVDAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DEVDX

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

EVDAX

• 1D: -0.05%
• 1M: 0.27%
• YTD: 3.02%
• 6M: 3.25%
• 1Y: 7.78%
• 3Y*: 6.97%
• 5Y*: 5.05%
• 10Y*: 7.24%

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

DEVDX vs. EVDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DEVDX Driehaus Event Driven Fund	-1.35%	5.99%	3.06%	9.59%	-9.99%	7.24%	24.78%	20.49%	-4.06%	4.35%
EVDAX Camelot Event Driven Fund Class A	3.02%	9.15%	7.93%	2.28%	3.59%	22.87%	18.83%	7.19%	0.00%	0.00%

Correlation

The correlation between DEVDX and EVDAX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.29

The correlation between DEVDX and EVDAX shifts across timeframes, from 0.19 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DEVDX vs. EVDAX — Risk / Return Rank

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

EVDAX

EVDAX Risk / Return Rank: 41
EVDAX Sharpe Ratio Rank: 26
EVDAX Sortino Ratio Rank: 27
EVDAX Omega Ratio Rank: 25
EVDAX Calmar Ratio Rank: 73
EVDAX Martin Ratio Rank: 52

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.

DEVDX vs. EVDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Driehaus Event Driven Fund (DEVDX) and Camelot Event Driven Fund Class A (EVDAX). 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.

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

Sharpe Ratios by Period

	DEVDX	EVDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.45	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.00	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.00	—

Drawdowns

Drawdown Indicators

	DEVDX	EVDAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-96.19%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-96.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-96.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-96.19%	—
Current Drawdown Current decline from peak	—	-95.67%	—
Average Drawdown Average peak-to-trough decline	—	-6.76%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.73%	—

Volatility

Volatility by Period

	DEVDX	EVDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.41%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1,423.79%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1,006.99%	—

DEVDX vs. EVDAX - Expense Ratio Comparison

DEVDX has a 1.66% expense ratio, which is lower than EVDAX's 2.22% expense ratio.

Dividends

DEVDX vs. EVDAX - Dividend Comparison

DEVDX's dividend yield for the trailing twelve months is around 16.48%, more than EVDAX's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEVDX Driehaus Event Driven Fund	16.48%	14.24%	1.35%	4.48%	1.49%	12.11%	3.48%	4.09%	3.57%	0.00%	1.20%	0.66%
EVDAX Camelot Event Driven Fund Class A	0.75%	0.77%	3.99%	6.40%	9.42%	0.00%	1.00%	0.94%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DEVDX and EVDAX in my portfolio?

DEVDX and EVDAX 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.