HMXIX vs. MRSK
Compare and contrast key facts about AlphaCentric Premium Opportunity Fund (HMXIX) and Agility Shares Managed Risk ETF (MRSK).
HMXIX is managed by AlphaCentric Funds. It was launched on Sep 29, 2016. MRSK is an actively managed fund by Toews Corp.. It was launched on Jun 25, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HMXIX or MRSK.
Correlation
The correlation between HMXIX and MRSK is 0.81, 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
HMXIX vs. MRSK - Performance Comparison
Key characteristics
HMXIX:
0.80
MRSK:
1.17
HMXIX:
1.05
MRSK:
1.58
HMXIX:
1.16
MRSK:
1.24
HMXIX:
0.86
MRSK:
1.81
HMXIX:
3.01
MRSK:
5.98
HMXIX:
2.83%
MRSK:
2.29%
HMXIX:
10.64%
MRSK:
11.70%
HMXIX:
-17.23%
MRSK:
-14.70%
HMXIX:
-1.93%
MRSK:
-1.16%
Returns By Period
In the year-to-date period, HMXIX achieves a 1.36% return, which is significantly lower than MRSK's 1.85% return.
HMXIX
1.36%
-1.23%
5.06%
7.74%
7.07%
N/A
MRSK
1.85%
0.00%
5.78%
12.15%
N/A
N/A
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HMXIX vs. MRSK - Expense Ratio Comparison
HMXIX has a 1.99% expense ratio, which is higher than MRSK's 0.99% expense ratio.
Risk-Adjusted Performance
HMXIX vs. MRSK — Risk-Adjusted Performance Rank
HMXIX
MRSK
HMXIX vs. MRSK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Premium Opportunity Fund (HMXIX) and Agility Shares Managed Risk ETF (MRSK). 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
HMXIX vs. MRSK - Dividend Comparison
HMXIX's dividend yield for the trailing twelve months is around 2.14%, more than MRSK's 0.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
HMXIX AlphaCentric Premium Opportunity Fund | 2.14% | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% |
MRSK Agility Shares Managed Risk ETF | 0.44% | 0.45% | 0.60% | 1.11% | 14.20% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HMXIX vs. MRSK - Drawdown Comparison
The maximum HMXIX drawdown since its inception was -17.23%, which is greater than MRSK's maximum drawdown of -14.70%. Use the drawdown chart below to compare losses from any high point for HMXIX and MRSK. For additional features, visit the drawdowns tool.
Volatility
HMXIX vs. MRSK - Volatility Comparison
AlphaCentric Premium Opportunity Fund (HMXIX) has a higher volatility of 2.97% compared to Agility Shares Managed Risk ETF (MRSK) at 2.32%. This indicates that HMXIX's price experiences larger fluctuations and is considered to be riskier than MRSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.