Correlation
The correlation between EVOIX and MAFIX is 0.05, 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.
EVOIX vs. MAFIX
Compare and contrast key facts about Altegris Futures Evolution Strategy Fund (EVOIX) and Abbey Capital Multi Asset Fund Class I (MAFIX).
EVOIX is managed by Altegris. It was launched on Oct 30, 2011. MAFIX is managed by Abbey Capital. It was launched on Apr 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVOIX or MAFIX.
Performance
EVOIX vs. MAFIX - Performance Comparison
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Key characteristics
EVOIX:
-2.03
MAFIX:
-0.95
EVOIX:
-2.57
MAFIX:
-1.19
EVOIX:
0.71
MAFIX:
0.84
EVOIX:
-0.86
MAFIX:
-0.66
EVOIX:
-1.68
MAFIX:
-1.42
EVOIX:
9.65%
MAFIX:
9.94%
EVOIX:
8.29%
MAFIX:
14.92%
EVOIX:
-29.56%
MAFIX:
-21.52%
EVOIX:
-17.69%
MAFIX:
-16.01%
Returns By Period
In the year-to-date period, EVOIX achieves a -9.14% return, which is significantly lower than MAFIX's -8.56% return.
EVOIX
-9.14%
-1.79%
-8.54%
-16.76%
-2.30%
4.97%
1.37%
MAFIX
-8.56%
2.01%
-11.05%
-14.08%
-0.88%
3.24%
N/A
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EVOIX vs. MAFIX - Expense Ratio Comparison
EVOIX has a 1.34% expense ratio, which is lower than MAFIX's 1.79% expense ratio.
Risk-Adjusted Performance
EVOIX vs. MAFIX — Risk-Adjusted Performance Rank
EVOIX
MAFIX
EVOIX vs. MAFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Altegris Futures Evolution Strategy Fund (EVOIX) and Abbey Capital Multi Asset Fund Class I (MAFIX). 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.
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Dividends
EVOIX vs. MAFIX - Dividend Comparison
EVOIX's dividend yield for the trailing twelve months is around 11.09%, more than MAFIX's 5.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVOIX Altegris Futures Evolution Strategy Fund | 11.09% | 10.09% | 1.95% | 34.87% | 9.74% | 2.22% | 1.64% | 5.54% | 1.59% | 7.28% | 9.04% | 11.07% |
MAFIX Abbey Capital Multi Asset Fund Class I | 5.00% | 4.57% | 3.80% | 4.12% | 10.65% | 10.29% | 12.30% | 9.36% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EVOIX vs. MAFIX - Drawdown Comparison
The maximum EVOIX drawdown since its inception was -29.56%, which is greater than MAFIX's maximum drawdown of -21.52%. Use the drawdown chart below to compare losses from any high point for EVOIX and MAFIX.
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Volatility
EVOIX vs. MAFIX - Volatility Comparison
Altegris Futures Evolution Strategy Fund (EVOIX) has a higher volatility of 2.15% compared to Abbey Capital Multi Asset Fund Class I (MAFIX) at 2.02%. This indicates that EVOIX's price experiences larger fluctuations and is considered to be riskier than MAFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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