HFND vs. MAFIX
Compare and contrast key facts about Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and Abbey Capital Multi Asset Fund Class I (MAFIX).
HFND is an actively managed fund by Tidal ETFs. It was launched on Oct 10, 2022. MAFIX is managed by Abbey Capital. It was launched on Apr 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFND or MAFIX.
Correlation
The correlation between HFND and MAFIX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HFND vs. MAFIX - Performance Comparison
Key characteristics
HFND:
0.18
MAFIX:
-0.91
HFND:
0.36
MAFIX:
-1.06
HFND:
1.05
MAFIX:
0.86
HFND:
0.18
MAFIX:
-0.60
HFND:
0.72
MAFIX:
-1.40
HFND:
3.28%
MAFIX:
9.17%
HFND:
12.30%
MAFIX:
14.96%
HFND:
-13.31%
MAFIX:
-21.52%
HFND:
-5.91%
MAFIX:
-17.50%
Returns By Period
In the year-to-date period, HFND achieves a -2.37% return, which is significantly higher than MAFIX's -10.19% return.
HFND
-2.37%
8.53%
-2.79%
2.24%
N/A
N/A
MAFIX
-10.19%
5.11%
-11.98%
-13.55%
3.17%
N/A
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HFND vs. MAFIX - Expense Ratio Comparison
HFND has a 1.22% expense ratio, which is lower than MAFIX's 1.79% expense ratio.
Risk-Adjusted Performance
HFND vs. MAFIX — Risk-Adjusted Performance Rank
HFND
MAFIX
HFND vs. MAFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) and Abbey Capital Multi Asset Fund Class I (MAFIX). 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
HFND vs. MAFIX - Dividend Comparison
HFND's dividend yield for the trailing twelve months is around 3.79%, more than MAFIX's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
HFND Unlimited HFND Multi-Strategy Return Tracker ETF | 3.79% | 3.70% | 1.41% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% |
MAFIX Abbey Capital Multi Asset Fund Class I | 1.77% | 1.59% | 0.99% | 3.84% | 3.04% | 1.64% | 10.10% | 9.36% |
Drawdowns
HFND vs. MAFIX - Drawdown Comparison
The maximum HFND drawdown since its inception was -13.31%, smaller than the maximum MAFIX drawdown of -21.52%. Use the drawdown chart below to compare losses from any high point for HFND and MAFIX. For additional features, visit the drawdowns tool.
Volatility
HFND vs. MAFIX - Volatility Comparison
Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) has a higher volatility of 5.83% compared to Abbey Capital Multi Asset Fund Class I (MAFIX) at 5.29%. This indicates that HFND's price experiences larger fluctuations and is considered to be riskier than MAFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.