EVDIX vs. EVDAX
EVDIX (Camelot Event-Driven Fund Institutional Class) and EVDAX (Camelot Event Driven Fund Class A) are both Event Driven funds from Camelot. Over the past 10 years, EVDIX returned 7.33%/yr vs 7.27%/yr for EVDAX. Their 0.99 correlation means they have historically moved very closely together. EVDIX charges 1.74%/yr vs 2.22%/yr for EVDAX.
Performance
EVDIX vs. EVDAX - Performance Comparison
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Returns By Period
In the year-to-date period, EVDIX achieves a 3.49% return, which is significantly higher than EVDAX's 3.30% return. Both investments have delivered pretty close results over the past 10 years, with EVDIX having a 7.33% annualized return and EVDAX not far behind at 7.27%.
EVDIX
- 1D
- -0.04%
- 1M
- 1.33%
- 6M
- 2.89%
- YTD
- 3.49%
- 1Y
- 6.86%
- 3Y*
- 6.68%
- 5Y*
- 6.04%
- 10Y*
- 7.33%
- ALL TIME*
- 4.48%
EVDAX
- 1D
- -0.09%
- 1M
- 1.28%
- 6M
- 2.73%
- YTD
- 3.30%
- 1Y
- 6.53%
- 3Y*
- 6.96%
- 5Y*
- 6.09%
- 10Y*
- 7.27%
- ALL TIME*
- 3.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
EVDIX vs. EVDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EVDIX Camelot Event-Driven Fund Institutional Class | 3.49% | 9.40% | 6.56% | 2.50% | 3.90% | 23.17% | 19.27% | 7.52% | 0.00% | 0.00% |
EVDAX Camelot Event Driven Fund Class A | 3.30% | 9.15% | 7.93% | 2.28% | 3.59% | 22.87% | 18.83% | 7.19% | 0.00% | 0.00% |
Correlation
The correlation between EVDIX and EVDAX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.99 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 8, 2010 | 0.99 |
The correlation between EVDIX and EVDAX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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Return for Risk
EVDIX vs. EVDAX — Risk / Return Rank
EVDIX
EVDAX
EVDIX vs. EVDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Camelot Event-Driven Fund Institutional Class (EVDIX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EVDIX | EVDAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 2.79 | +0.14 |
| Martin ratioReturn relative to average drawdown | 8.32 | 7.80 | +0.52 |
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Drawdowns
EVDIX vs. EVDAX - Drawdown Comparison
The maximum EVDIX drawdown since its inception was -92.23%, roughly equal to the maximum EVDAX drawdown of -96.19%. Use the drawdown chart below to compare losses from any high point for EVDIX and EVDAX.
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Drawdown Indicators
| EVDIX | EVDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.23% | -96.19% | +3.96% |
Max Drawdown (1Y)Largest decline over 1 year | -2.33% | -2.35% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -92.23% | -96.19% | +3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -92.23% | -96.19% | +3.96% |
Max Drawdown (10Y)Largest decline over 10 years | -92.23% | -96.19% | +3.96% |
Current DrawdownCurrent decline from peak | -91.11% | -95.66% | +4.55% |
Average DrawdownAverage peak-to-trough decline | -9.91% | -7.38% | -2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.84% | -0.02% |
Volatility
EVDIX vs. EVDAX - Volatility Comparison
Camelot Event-Driven Fund Institutional Class (EVDIX) and Camelot Event Driven Fund Class A (EVDAX) have volatilities of 1.41% and 1.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVDIX | EVDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 1.43% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 4.20% | 4.24% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.59% | 5.62% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 523.19% | 1,424.35% | -901.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 369.80% | 1,006.79% | -636.99% |
EVDIX vs. EVDAX - Expense Ratio Comparison
EVDIX has a 1.74% expense ratio, which is lower than EVDAX's 2.22% expense ratio.
Dividends
EVDIX vs. EVDAX - Dividend Comparison
EVDIX's dividend yield for the trailing twelve months is around 0.87%, more than EVDAX's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EVDAX Camelot Event Driven Fund Class A | 0.74% | 0.77% | 3.99% | 6.40% | 9.42% | 0.00% | 1.00% | 0.94% |
EVDIX Camelot Event-Driven Fund Institutional Class | 0.87% | 0.90% | 2.72% | 6.49% | 9.21% | 0.00% | 1.01% | 0.95% |
Frequently Asked Questions
With a correlation of 1.00, EVDIX and EVDAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
EVDAX has higher volatility (1.43%) compared to EVDIX (1.41%). In terms of maximum drawdown, EVDIX dropped -92.23% vs EVDAX's -96.19%.
EVDIX currently has the higher Sharpe Ratio (1.23 vs 1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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