GBFFX vs. AHTPX
Compare and contrast key facts about GMO Benchmark-Free Fund (GBFFX) and American Beacon AHL TargetRisk Fund (AHTPX).
GBFFX is managed by GMO. It was launched on Jun 14, 2011. AHTPX is managed by American Beacon. It was launched on Dec 30, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBFFX or AHTPX.
Key characteristics
| GBFFX | AHTPX | |
|---|---|---|
| YTD Return | 4.90% | 6.65% |
| 1Y Return | 13.76% | 14.70% |
| 3Y Return (Ann) | 5.45% | -4.21% |
| 5Y Return (Ann) | 4.15% | 0.59% |
| Sharpe Ratio | 1.59 | 1.52 |
| Sortino Ratio | 2.14 | 2.05 |
| Omega Ratio | 1.31 | 1.28 |
| Calmar Ratio | 2.69 | 0.63 |
| Martin Ratio | 8.68 | 5.38 |
| Ulcer Index | 1.59% | 2.77% |
| Daily Std Dev | 8.67% | 9.81% |
| Max Drawdown | -32.38% | -27.86% |
| Current Drawdown | -5.14% | -12.60% |
Correlation
The correlation between GBFFX and AHTPX is 0.53, 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.
Performance
GBFFX vs. AHTPX - Performance Comparison
In the year-to-date period, GBFFX achieves a 4.90% return, which is significantly lower than AHTPX's 6.65% 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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GBFFX vs. AHTPX - Expense Ratio Comparison
GBFFX has a 0.35% expense ratio, which is lower than AHTPX's 1.41% expense ratio.
Risk-Adjusted Performance
GBFFX vs. AHTPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Benchmark-Free Fund (GBFFX) and American Beacon AHL TargetRisk Fund (AHTPX). 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
GBFFX vs. AHTPX - Dividend Comparison
GBFFX's dividend yield for the trailing twelve months is around 6.54%, more than AHTPX's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
GBFFX GMO Benchmark-Free Fund | 6.54% | 5.72% | 5.48% | 4.60% | 3.32% | 4.00% | 3.91% | 2.90% | 2.73% | 6.67% |
AHTPX American Beacon AHL TargetRisk Fund | 3.40% | 3.63% | 3.19% | 7.61% | 0.00% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GBFFX vs. AHTPX - Drawdown Comparison
The maximum GBFFX drawdown since its inception was -32.38%, which is greater than AHTPX's maximum drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for GBFFX and AHTPX. For additional features, visit the drawdowns tool.
Volatility
GBFFX vs. AHTPX - Volatility Comparison
GMO Benchmark-Free Fund (GBFFX) has a higher volatility of 2.53% compared to American Beacon AHL TargetRisk Fund (AHTPX) at 2.37%. This indicates that GBFFX's price experiences larger fluctuations and is considered to be riskier than AHTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.