DIAMX vs. FLSPX

In the year-to-date period, DIAMX achieves a 1.38% return, which is significantly higher than FLSPX's -5.08% return. Over the past 10 years, DIAMX has underperformed FLSPX with an annualized return of 1.45%, while FLSPX has yielded a comparatively higher 2.65% annualized return.

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DIAMX has a 1.36% expense ratio, which is lower than FLSPX's 1.52% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Long-Short Fund (DIAMX) and Meeder Spectrum Fund (FLSPX). 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.

The current DIAMX Sharpe Ratio is -0.30, which is lower than the FLSPX Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of DIAMX and FLSPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

DIAMX's dividend yield for the trailing twelve months is around 2.19%, more than FLSPX's 0.88% yield.

The maximum DIAMX drawdown since its inception was -41.19%, which is greater than FLSPX's maximum drawdown of -27.07%. Use the drawdown chart below to compare losses from any high point for DIAMX and FLSPX. For additional features, visit the drawdowns tool.

The current volatility for Diamond Hill Long-Short Fund (DIAMX) is 7.89%, while Meeder Spectrum Fund (FLSPX) has a volatility of 9.72%. This indicates that DIAMX experiences smaller price fluctuations and is considered to be less risky than FLSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.