DYMIX vs. EBSAX

Last updated Apr 1, 2026

Compare and contrast key facts about Dynamic Alpha Macro Fund Institutional (DYMIX) and Campbell Systematic Macro Fund Class A Shares (EBSAX).

DYMIX is an actively managed fund by Dynamic Alpha Funds. It was launched on Jul 31, 2023. EBSAX is managed by Campbell & Company. It was launched on Mar 4, 2013.

Performance

DYMIX vs. EBSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dynamic Alpha Macro Fund Institutional (DYMIX) and Campbell Systematic Macro Fund Class A Shares (EBSAX). The values are adjusted to include any dividend payments, if applicable.

DYMIX vs. EBSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DYMIX Dynamic Alpha Macro Fund Institutional	3.29%	25.51%	18.38%	11.33%
EBSAX Campbell Systematic Macro Fund Class A Shares	7.79%	-1.34%	11.28%	-5.89%

Returns By Period

In the year-to-date period, DYMIX achieves a 3.29% return, which is significantly lower than EBSAX's 7.79% return.

DYMIX

• 1D: -0.56%
• 1M: -12.95%
• YTD: 3.29%
• 6M: 5.79%
• 1Y: 25.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EBSAX

• 1D: 0.10%
• 1M: 3.00%
• YTD: 7.79%
• 6M: 4.61%
• 1Y: 0.91%
• 3Y*: 3.76%
• 5Y*: 9.34%
• 10Y*: —

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

DYMIX vs. EBSAX - Expense Ratio Comparison

DYMIX has a 1.98% expense ratio, which is lower than EBSAX's 2.00% expense ratio.

EBSAX

Campbell Systematic Macro Fund Class A Shares

DYMIX

Dynamic Alpha Macro Fund Institutional

Return for Risk

DYMIX vs. EBSAX — Risk / Return Rank

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

DYMIX

DYMIX Risk / Return Rank: 81
DYMIX Sharpe Ratio Rank: 85
DYMIX Sortino Ratio Rank: 85
DYMIX Omega Ratio Rank: 76
DYMIX Calmar Ratio Rank: 82
DYMIX Martin Ratio Rank: 76

EBSAX

EBSAX Risk / Return Rank: 8
EBSAX Sharpe Ratio Rank: 8
EBSAX Sortino Ratio Rank: 7
EBSAX Omega Ratio Rank: 7
EBSAX Calmar Ratio Rank: 10
EBSAX Martin Ratio Rank: 8

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.

DYMIX vs. EBSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Alpha Macro Fund Institutional (DYMIX) and Campbell Systematic Macro Fund Class A Shares (EBSAX). 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.

	DYMIX	EBSAX	Difference
Sharpe ratio Return per unit of total volatility	1.62	0.18	+1.44
Sortino ratio Return per unit of downside risk	2.22	0.30	+1.92
Omega ratio Gain probability vs. loss probability	1.29	1.04	+0.25
Calmar ratio Return relative to maximum drawdown	1.99	0.20	+1.79
Martin ratio Return relative to average drawdown	7.32	0.33	+6.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DYMIX vs. EBSAX - Sharpe Ratio Comparison

The current DYMIX Sharpe Ratio is 1.62, which is higher than the EBSAX Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of DYMIX and EBSAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DYMIX	EBSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	0.18	+1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	1.12	+0.55

Correlation

The correlation between DYMIX and EBSAX is 0.19, 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

DYMIX vs. EBSAX - Dividend Comparison

DYMIX's dividend yield for the trailing twelve months is around 6.60%, more than EBSAX's 2.78% yield.

	TTM	2025	2024	2023	2022	2021
DYMIX Dynamic Alpha Macro Fund Institutional	6.60%	6.82%	7.12%	0.42%	0.00%	0.00%
EBSAX Campbell Systematic Macro Fund Class A Shares	2.78%	3.00%	2.59%	1.45%	15.15%	7.02%

Drawdowns

DYMIX vs. EBSAX - Drawdown Comparison

The maximum DYMIX drawdown since its inception was -12.95%, which is greater than EBSAX's maximum drawdown of -11.15%. Use the drawdown chart below to compare losses from any high point for DYMIX and EBSAX.

Drawdown Indicators

	DYMIX	EBSAX	Difference
Max Drawdown Largest peak-to-trough decline	-12.95%	-11.15%	-1.80%
Max Drawdown (1Y) Largest decline over 1 year	-12.95%	-7.59%	-5.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.15%	—
Current Drawdown Current decline from peak	-12.95%	0.00%	-12.95%
Average Drawdown Average peak-to-trough decline	-3.28%	-3.23%	-0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	4.55%	-1.03%

Volatility

DYMIX vs. EBSAX - Volatility Comparison

Dynamic Alpha Macro Fund Institutional (DYMIX) has a higher volatility of 4.68% compared to Campbell Systematic Macro Fund Class A Shares (EBSAX) at 3.09%. This indicates that DYMIX's price experiences larger fluctuations and is considered to be riskier than EBSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DYMIX	EBSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.68%	3.09%	+1.59%
Volatility (6M) Calculated over the trailing 6-month period	11.99%	6.29%	+5.70%
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	8.64%	+7.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.75%	9.61%	+5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.75%	9.53%	+5.22%