GILIX vs. ALSMX

Last updated Jun 23, 2026

GILIX (NAA Large Core Fund Class Institutional) and ALSMX (Archer Multi Cap Fund) are both Large Cap Blend Equities funds. Over the past 5 years, GILIX returned 13.68%/yr vs 13.30%/yr for ALSMX. Their correlation of 0.90 suggests significant overlap in exposure. GILIX charges 1.01%/yr vs 0.96%/yr for ALSMX.

Performance

GILIX vs. ALSMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NAA Large Core Fund Class Institutional (GILIX) and Archer Multi Cap Fund (ALSMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GILIX achieves a 13.57% return, which is significantly lower than ALSMX's 25.38% return.

GILIX

• 1D: 1.49%
• 1M: 2.13%
• YTD: 13.57%
• 6M: 13.02%
• 1Y: 30.85%
• 3Y*: 22.22%
• 5Y*: 13.68%
• 10Y*: 14.93%

ALSMX

• 1D: 1.18%
• 1M: 1.02%
• YTD: 25.38%
• 6M: 23.53%
• 1Y: 42.03%
• 3Y*: 24.23%
• 5Y*: 13.30%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GILIX vs. ALSMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GILIX NAA Large Core Fund Class Institutional	13.57%	16.30%	25.96%	27.09%	-21.88%	28.43%	18.05%	0.28%
ALSMX Archer Multi Cap Fund	25.38%	11.47%	21.78%	25.14%	-20.12%	16.58%	16.01%	0.00%

Correlation

The correlation between GILIX and ALSMX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Dec 31, 2019	0.90

The correlation between GILIX and ALSMX has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.

Return for Risk

GILIX vs. ALSMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GILIX

GILIX Risk / Return Rank: 70
GILIX Sharpe Ratio Rank: 74
GILIX Sortino Ratio Rank: 66
GILIX Omega Ratio Rank: 67
GILIX Calmar Ratio Rank: 68
GILIX Martin Ratio Rank: 75

ALSMX

ALSMX Risk / Return Rank: 83
ALSMX Sharpe Ratio Rank: 82
ALSMX Sortino Ratio Rank: 77
ALSMX Omega Ratio Rank: 73
ALSMX Calmar Ratio Rank: 91
ALSMX Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GILIX vs. ALSMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NAA Large Core Fund Class Institutional (GILIX) and Archer Multi Cap Fund (ALSMX). 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.

	GILIX	ALSMX	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.48	-0.18
Sortino ratio: Return per unit of downside risk	3.09	3.36	-0.27
Omega ratio: Gain probability vs. loss probability	1.41	1.44	-0.02
Calmar ratio: Return relative to maximum drawdown	3.02	4.46	-1.44
Martin ratio: Return relative to average drawdown	13.17	18.98	-5.81

GILIX vs. ALSMX - Sharpe Ratio Comparison

The current GILIX Sharpe Ratio is 2.31, which is comparable to the ALSMX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of GILIX and ALSMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GILIX vs. ALSMX - Drawdown Comparison

The maximum GILIX drawdown since its inception was -35.61%, smaller than the maximum ALSMX drawdown of -97.87%. Use the drawdown chart below to compare losses from any high point for GILIX and ALSMX.

Drawdown Indicators

	GILIX	ALSMX	Difference
Max Drawdown Largest peak-to-trough decline	-35.61%	-97.87%	+62.26%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-9.42%	-0.77%
Max Drawdown (3Y) Largest decline over 3 years	-18.24%	-97.87%	+79.63%
Max Drawdown (5Y) Largest decline over 5 years	-27.40%	-97.87%	+70.47%
Max Drawdown (10Y) Largest decline over 10 years	-35.61%	—	—
Current Drawdown Current decline from peak	-1.18%	-96.43%	+95.25%
Average Drawdown Average peak-to-trough decline	-5.59%	-28.48%	+22.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	2.21%	+0.12%

Volatility

GILIX vs. ALSMX - Volatility Comparison

NAA Large Core Fund Class Institutional (GILIX) and Archer Multi Cap Fund (ALSMX) have volatilities of 6.40% and 6.41%, 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.

Volatility by Period

	GILIX	ALSMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.40%	6.41%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	11.06%	14.22%	-3.16%
Volatility (1Y) Calculated over the trailing 1-year period	13.36%	16.92%	-3.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	1,292.06%	-1,274.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.21%	1,136.37%	-1,118.16%

GILIX vs. ALSMX - Expense Ratio Comparison

GILIX has a 1.01% expense ratio, which is higher than ALSMX's 0.96% expense ratio.

Dividends

GILIX vs. ALSMX - Dividend Comparison

GILIX's dividend yield for the trailing twelve months is around 2.88%, less than ALSMX's 5.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALSMX Archer Multi Cap Fund	5.71%	7.16%	3.62%	0.46%	7.12%	1.62%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%
GILIX NAA Large Core Fund Class Institutional	2.88%	3.27%	23.88%	2.78%	41.55%	4.81%	9.53%	1.80%	23.14%	19.31%	1.95%	12.83%

Frequently Asked Questions

Can I hold both GILIX and ALSMX in my portfolio?

GILIX and ALSMX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GILIX or ALSMX?

ALSMX has higher volatility (6.41%) compared to GILIX (6.40%). In terms of maximum drawdown, GILIX dropped -35.61% vs ALSMX's -97.87%.

Which has better risk-adjusted returns?

ALSMX currently has the higher Sharpe Ratio (2.48 vs 2.31), 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.