GAFYX vs. SRDAX
Compare and contrast key facts about AlphaSimplex Global Alternatives Fund (GAFYX) and Stone Ridge Diversified Alternatives Fund (SRDAX).
GAFYX is managed by Natixis Funds. It was launched on Sep 29, 2008. SRDAX is managed by STONE RIDGE. It was launched on Apr 29, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAFYX or SRDAX.
Key characteristics
| GAFYX | SRDAX | |
|---|---|---|
| YTD Return | 10.78% | 6.29% |
| 1Y Return | 11.95% | 6.77% |
| 3Y Return (Ann) | 3.91% | 9.25% |
| Sharpe Ratio | 1.75 | 2.05 |
| Sortino Ratio | 2.32 | 3.03 |
| Omega Ratio | 1.33 | 1.43 |
| Calmar Ratio | 1.90 | 2.65 |
| Martin Ratio | 8.57 | 8.67 |
| Ulcer Index | 1.36% | 0.76% |
| Daily Std Dev | 6.64% | 3.21% |
| Max Drawdown | -21.09% | -6.33% |
| Current Drawdown | 0.00% | -0.00% |
Correlation
The correlation between GAFYX and SRDAX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GAFYX vs. SRDAX - Performance Comparison
In the year-to-date period, GAFYX achieves a 10.78% return, which is significantly higher than SRDAX's 6.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GAFYX vs. SRDAX - Expense Ratio Comparison
GAFYX has a 1.24% expense ratio, which is lower than SRDAX's 1.27% expense ratio.
Risk-Adjusted Performance
GAFYX vs. SRDAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Global Alternatives Fund (GAFYX) and Stone Ridge Diversified Alternatives Fund (SRDAX). 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.
Dividends
GAFYX vs. SRDAX - Dividend Comparison
GAFYX's dividend yield for the trailing twelve months is around 4.56%, less than SRDAX's 12.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAFYX AlphaSimplex Global Alternatives Fund | 4.56% | 5.24% | 9.57% | 0.00% | 2.57% | 1.15% | 1.37% | 0.75% | 0.00% | 0.00% | 0.00% | 0.59% |
SRDAX Stone Ridge Diversified Alternatives Fund | 12.11% | 12.87% | 1.11% | 7.54% | 2.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GAFYX vs. SRDAX - Drawdown Comparison
The maximum GAFYX drawdown since its inception was -21.09%, which is greater than SRDAX's maximum drawdown of -6.33%. Use the drawdown chart below to compare losses from any high point for GAFYX and SRDAX. For additional features, visit the drawdowns tool.
Volatility
GAFYX vs. SRDAX - Volatility Comparison
AlphaSimplex Global Alternatives Fund (GAFYX) has a higher volatility of 1.94% compared to Stone Ridge Diversified Alternatives Fund (SRDAX) at 1.37%. This indicates that GAFYX's price experiences larger fluctuations and is considered to be riskier than SRDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.