GNXIX vs. VMVFX

Last updated Jun 5, 2026

GNXIX (AlphaCentric Robotics and Automation Fund) and VMVFX (Vanguard Global Minimum Volatility Fund Investor Shares) are both Global Equities funds. Over the past 5 years, GNXIX returned 5.48%/yr vs 10.57%/yr for VMVFX. A 0.51 correlation means they provide meaningful diversification when combined. GNXIX charges 1.40%/yr vs 0.21%/yr for VMVFX.

Performance

GNXIX vs. VMVFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaCentric Robotics and Automation Fund (GNXIX) and Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GNXIX achieves a 15.03% return, which is significantly higher than VMVFX's 7.99% return.

GNXIX

• 1D: -5.34%
• 1M: 17.31%
• YTD: 15.03%
• 6M: 7.75%
• 1Y: 41.72%
• 3Y*: 20.02%
• 5Y*: 5.48%
• 10Y*: —

VMVFX

• 1D: -0.41%
• 1M: 1.55%
• YTD: 7.99%
• 6M: 8.43%
• 1Y: 13.15%
• 3Y*: 13.45%
• 5Y*: 10.57%
• 10Y*: 9.46%

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

GNXIX vs. VMVFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GNXIX AlphaCentric Robotics and Automation Fund	15.03%	22.71%	24.96%	7.21%	-32.53%	5.95%	40.26%	27.85%	-18.74%	20.66%
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares	7.99%	12.74%	13.38%	7.82%	-4.48%	23.74%	-3.99%	23.28%	-1.79%	5.26%

Correlation

The correlation between GNXIX and VMVFX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017	0.51

The correlation between GNXIX and VMVFX shifts across timeframes, from 0.32 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GNXIX vs. VMVFX — Risk / Return Rank

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

GNXIX

GNXIX Risk / Return Rank: 17
GNXIX Sharpe Ratio Rank: 18
GNXIX Sortino Ratio Rank: 18
GNXIX Omega Ratio Rank: 16
GNXIX Calmar Ratio Rank: 18
GNXIX Martin Ratio Rank: 13

VMVFX

VMVFX Risk / Return Rank: 37
VMVFX Sharpe Ratio Rank: 41
VMVFX Sortino Ratio Rank: 40
VMVFX Omega Ratio Rank: 39
VMVFX Calmar Ratio Rank: 30
VMVFX Martin Ratio Rank: 36

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.

GNXIX vs. VMVFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Robotics and Automation Fund (GNXIX) and Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX). 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.

	GNXIX	VMVFX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.87	-0.69
Sortino ratio: Return per unit of downside risk	1.72	2.66	-0.94
Omega ratio: Gain probability vs. loss probability	1.20	1.33	-0.13
Calmar ratio: Return relative to maximum drawdown	1.48	2.03	-0.55
Martin ratio: Return relative to average drawdown	3.57	7.92	-4.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GNXIX vs. VMVFX - Sharpe Ratio Comparison

The current GNXIX Sharpe Ratio is 1.18, which is lower than the VMVFX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of GNXIX and VMVFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GNXIX	VMVFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	1.87	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.99	-0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.82	-0.40

Drawdowns

GNXIX vs. VMVFX - Drawdown Comparison

The maximum GNXIX drawdown since its inception was -46.17%, which is greater than VMVFX's maximum drawdown of -33.09%. Use the drawdown chart below to compare losses from any high point for GNXIX and VMVFX.

Drawdown Indicators

	GNXIX	VMVFX	Difference
Max Drawdown Largest peak-to-trough decline	-46.17%	-33.09%	-13.08%
Max Drawdown (1Y) Largest decline over 1 year	-30.56%	-6.27%	-24.29%
Max Drawdown (3Y) Largest decline over 3 years	-30.69%	-7.96%	-22.73%
Max Drawdown (5Y) Largest decline over 5 years	-45.91%	-13.02%	-32.89%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.09%	—
Current Drawdown Current decline from peak	-5.34%	-0.58%	-4.76%
Average Drawdown Average peak-to-trough decline	-17.15%	-2.83%	-14.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.66%	1.60%	+11.06%

Volatility

GNXIX vs. VMVFX - Volatility Comparison

AlphaCentric Robotics and Automation Fund (GNXIX) has a higher volatility of 12.18% compared to Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) at 1.98%. This indicates that GNXIX's price experiences larger fluctuations and is considered to be riskier than VMVFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GNXIX	VMVFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.18%	1.98%	+10.20%
Volatility (6M) Calculated over the trailing 6-month period	29.93%	5.11%	+24.82%
Volatility (1Y) Calculated over the trailing 1-year period	38.32%	6.82%	+31.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.34%	10.76%	+16.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.23%	12.48%	+11.75%

GNXIX vs. VMVFX - Expense Ratio Comparison

GNXIX has a 1.40% expense ratio, which is higher than VMVFX's 0.21% expense ratio.

Dividends

GNXIX vs. VMVFX - Dividend Comparison

GNXIX's dividend yield for the trailing twelve months is around 1.04%, less than VMVFX's 9.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GNXIX AlphaCentric Robotics and Automation Fund	1.04%	1.19%	0.00%	0.00%	5.18%	4.23%	0.00%	0.00%	3.38%	1.85%	0.00%	0.00%
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares	9.24%	9.98%	3.77%	3.05%	4.96%	12.73%	2.02%	5.12%	7.27%	2.30%	2.71%	3.22%

Frequently Asked Questions

Can I hold both GNXIX and VMVFX in my portfolio?

GNXIX and VMVFX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GNXIX or VMVFX?

GNXIX has higher volatility (12.18%) compared to VMVFX (1.98%). In terms of maximum drawdown, GNXIX dropped -46.17% vs VMVFX's -33.09%.

Which has better risk-adjusted returns?

VMVFX currently has the higher Sharpe Ratio (1.87 vs 1.18), 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.