EVDAX vs. DEVDX

Last updated Jun 4, 2026

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

Performance

EVDAX vs. DEVDX - Performance Comparison

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

Returns By Period

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%

DEVDX

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

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

EVDAX vs. DEVDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
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%

Correlation

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

Return for Risk

EVDAX vs. DEVDX — 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.

EVDAX vs. DEVDX - Risk-Adjusted Trends Comparison

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

	EVDAX	DEVDX	Difference
Sharpe ratio: Return per unit of total volatility	1.45	—	—
Sortino ratio: Return per unit of downside risk	2.18	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	3.33	—	—
Martin ratio: Return relative to average drawdown	10.67	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EVDAX	DEVDX	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

	EVDAX	DEVDX	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

	EVDAX	DEVDX	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%	—	—

EVDAX vs. DEVDX - Expense Ratio Comparison

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

Dividends

EVDAX vs. DEVDX - Dividend Comparison

EVDAX's dividend yield for the trailing twelve months is around 0.75%, less than DEVDX's 16.48% 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 EVDAX and DEVDX in my portfolio?

EVDAX and DEVDX 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.