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GAFYX vs. HFND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GAFYX and HFND is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

GAFYX vs. HFND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaSimplex Global Alternatives Fund (GAFYX) and Unlimited HFND Multi-Strategy Return Tracker ETF (HFND). The values are adjusted to include any dividend payments, if applicable.

8.00%10.00%12.00%14.00%16.00%18.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
16.53%
14.85%
GAFYX
HFND

Key characteristics

Sharpe Ratio

GAFYX:

1.45

HFND:

1.10

Sortino Ratio

GAFYX:

1.94

HFND:

1.52

Omega Ratio

GAFYX:

1.28

HFND:

1.19

Calmar Ratio

GAFYX:

1.60

HFND:

1.74

Martin Ratio

GAFYX:

7.20

HFND:

6.01

Ulcer Index

GAFYX:

1.36%

HFND:

1.57%

Daily Std Dev

GAFYX:

6.75%

HFND:

8.60%

Max Drawdown

GAFYX:

-21.09%

HFND:

-6.96%

Current Drawdown

GAFYX:

-2.09%

HFND:

-2.56%

Returns By Period

In the year-to-date period, GAFYX achieves a 9.36% return, which is significantly higher than HFND's 8.30% return.


GAFYX

YTD

9.36%

1M

-0.46%

6M

2.58%

1Y

9.58%

5Y*

2.26%

10Y*

1.33%

HFND

YTD

8.30%

1M

-0.76%

6M

3.88%

1Y

8.73%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GAFYX vs. HFND - Expense Ratio Comparison

GAFYX has a 1.24% expense ratio, which is higher than HFND's 1.22% expense ratio.


GAFYX
AlphaSimplex Global Alternatives Fund
Expense ratio chart for GAFYX: current value at 1.24% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.24%
Expense ratio chart for HFND: current value at 1.22% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.22%

Risk-Adjusted Performance

GAFYX vs. HFND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Global Alternatives Fund (GAFYX) and Unlimited HFND Multi-Strategy Return Tracker ETF (HFND). 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.


Sharpe ratio
The chart of Sharpe ratio for GAFYX, currently valued at 1.45, compared to the broader market-1.000.001.002.003.004.001.451.10
The chart of Sortino ratio for GAFYX, currently valued at 1.94, compared to the broader market-2.000.002.004.006.008.0010.001.941.52
The chart of Omega ratio for GAFYX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.281.19
The chart of Calmar ratio for GAFYX, currently valued at 1.60, compared to the broader market0.002.004.006.008.0010.0012.0014.001.601.74
The chart of Martin ratio for GAFYX, currently valued at 7.20, compared to the broader market0.0020.0040.0060.007.206.01
GAFYX
HFND

The current GAFYX Sharpe Ratio is 1.45, which is higher than the HFND Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of GAFYX and HFND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.45
1.10
GAFYX
HFND

Dividends

GAFYX vs. HFND - Dividend Comparison

GAFYX has not paid dividends to shareholders, while HFND's dividend yield for the trailing twelve months is around 1.30%.


TTM20232022202120202019201820172016201520142013
GAFYX
AlphaSimplex Global Alternatives Fund
0.00%5.24%9.57%0.00%2.57%1.15%1.37%0.75%0.00%0.00%0.00%0.59%
HFND
Unlimited HFND Multi-Strategy Return Tracker ETF
1.30%1.41%0.43%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

GAFYX vs. HFND - Drawdown Comparison

The maximum GAFYX drawdown since its inception was -21.09%, which is greater than HFND's maximum drawdown of -6.96%. Use the drawdown chart below to compare losses from any high point for GAFYX and HFND. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.09%
-2.56%
GAFYX
HFND

Volatility

GAFYX vs. HFND - Volatility Comparison

The current volatility for AlphaSimplex Global Alternatives Fund (GAFYX) is 1.58%, while Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) has a volatility of 2.35%. This indicates that GAFYX experiences smaller price fluctuations and is considered to be less risky than HFND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%JulyAugustSeptemberOctoberNovemberDecember
1.58%
2.35%
GAFYX
HFND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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