HTDIX vs. UPAAX

Last updated Jun 24, 2026

HTDIX (Tactical Dividend and Momentum Fund) and UPAAX (Upright Assets Allocation Plus Fund) are both Tactical Allocation funds. A 0.79 correlation means they provide meaningful diversification when combined. HTDIX charges 1.40%/yr vs 2.49%/yr for UPAAX.

Performance

HTDIX vs. UPAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tactical Dividend and Momentum Fund (HTDIX) and Upright Assets Allocation Plus Fund (UPAAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HTDIX

• 1D: 0.06%
• 1M: 1.13%
• YTD: 7.36%
• 6M: 6.29%
• 1Y: 18.28%
• 3Y*: 15.71%
• 5Y*: 7.31%
• 10Y*: 7.52%

UPAAX

• 1D: 0.72%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HTDIX vs. UPAAX - Yearly Performance Comparison

	2026 (YTD)
HTDIX Tactical Dividend and Momentum Fund	0.56%
UPAAX Upright Assets Allocation Plus Fund	-2.10%

Correlation

The correlation between HTDIX and UPAAX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.79

Return for Risk

HTDIX vs. UPAAX — Risk / Return Rank

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

HTDIX

HTDIX Risk / Return Rank: 55
HTDIX Sharpe Ratio Rank: 46
HTDIX Sortino Ratio Rank: 40
HTDIX Omega Ratio Rank: 45
HTDIX Calmar Ratio Rank: 77
HTDIX Martin Ratio Rank: 65

UPAAX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

HTDIX vs. UPAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tactical Dividend and Momentum Fund (HTDIX) and Upright Assets Allocation Plus Fund (UPAAX). 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.

	HTDIX	UPAAX	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.46	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	3.30	—	—
Martin ratio: Return relative to average drawdown	11.76	—	—

Drawdowns

HTDIX vs. UPAAX - Drawdown Comparison

The maximum HTDIX drawdown since its inception was -18.08%, which is greater than UPAAX's maximum drawdown of -10.95%. Use the drawdown chart below to compare losses from any high point for HTDIX and UPAAX.

Drawdown Indicators

	HTDIX	UPAAX	Difference
Max Drawdown Largest peak-to-trough decline	-18.08%	-10.95%	-7.13%
Max Drawdown (1Y) Largest decline over 1 year	-5.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.08%	—	—
Current Drawdown Current decline from peak	-1.05%	-5.75%	+4.70%
Average Drawdown Average peak-to-trough decline	-5.38%	-5.02%	-0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.66%	—	—

Volatility

Volatility by Period

	HTDIX	UPAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.68%	35.34%	-24.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.48%	35.34%	-23.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.19%	35.34%	-23.15%

HTDIX vs. UPAAX - Expense Ratio Comparison

HTDIX has a 1.40% expense ratio, which is lower than UPAAX's 2.49% expense ratio.

Dividends

HTDIX vs. UPAAX - Dividend Comparison

Neither HTDIX nor UPAAX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HTDIX Tactical Dividend and Momentum Fund	0.00%	0.00%	0.00%	1.92%	0.00%	14.07%	0.00%	0.69%	0.36%	0.65%	1.29%	0.34%
UPAAX Upright Assets Allocation Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HTDIX and UPAAX in my portfolio?

HTDIX and UPAAX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.