KAMIX vs. QFITX

Last updated Aug 1, 2026

KAMIX (Kensington Managed Income Fund) and QFITX (Quantified Tactical Fixed Income Fund) are both Nontraditional Bonds funds from Advisors Preferred. Their 0.36 correlation means their historical movements had little consistent relationship. KAMIX charges 1.36%/yr vs 1.56%/yr for QFITX.

Performance

KAMIX vs. QFITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kensington Managed Income Fund (KAMIX) and Quantified Tactical Fixed Income Fund (QFITX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KAMIX

• 1D: 0.31%
• 1M: -0.52%
• 6M: 0.83%
• YTD: 1.35%
• 1Y: 4.46%
• 3Y*: 4.61%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.84%

QFITX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KAMIX Kensington Managed Income Fund	$0.00	$0.00	$0.00

KAMIX vs. QFITX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
KAMIX Kensington Managed Income Fund	1.35%	4.32%	4.38%	3.96%	-2.13%
QFITX Quantified Tactical Fixed Income Fund	-4.59%	-7.64%	-1.03%	-6.54%	-11.94%

Correlation

The correlation between KAMIX and QFITX is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.45
Correlation (All Time) Calculated using the full available price history since Jun 10, 2022	0.36

Return for Risk

KAMIX vs. QFITX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KAMIX

KAMIX Risk / Return Rank: 56
KAMIX Sharpe Ratio Rank: 55
KAMIX Sortino Ratio Rank: 59
KAMIX Omega Ratio Rank: 62
KAMIX Calmar Ratio Rank: 45
KAMIX Martin Ratio Rank: 58

QFITX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KAMIX vs. QFITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kensington Managed Income Fund (KAMIX) and Quantified Tactical Fixed Income Fund (QFITX). 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.

	KAMIX	QFITX	Difference
Sharpe ratio: Return per unit of total volatility	1.42	—	—
Sortino ratio: Return per unit of downside risk	2.11	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.75	—	—
Martin ratio: Return relative to average drawdown	7.68	—	—

Drawdowns

Drawdown Indicators

	KAMIX	QFITX	Difference
Max Drawdown Largest peak-to-trough decline	-6.11%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.35%	—	—
Current Drawdown Current decline from peak	-0.72%	—	—
Average Drawdown Average peak-to-trough decline	-2.09%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	—	—

Volatility

Volatility by Period

	KAMIX	QFITX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.16%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.78%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.78%	—	—

KAMIX vs. QFITX - Expense Ratio Comparison

KAMIX has a 1.36% expense ratio, which is lower than QFITX's 1.56% expense ratio.

Dividends

KAMIX vs. QFITX - Dividend Comparison

KAMIX's dividend yield for the trailing twelve months is around 5.36%, less than QFITX's 16.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
KAMIX Kensington Managed Income Fund	5.36%	4.57%	5.60%	4.15%	0.75%	0.00%	0.00%	0.00%
QFITX Quantified Tactical Fixed Income Fund	16.08%	12.72%	3.70%	0.08%	0.15%	29.15%	2.12%	4.28%

Frequently Asked Questions

Can I hold both KAMIX and QFITX in my portfolio?

KAMIX and QFITX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.