LYFIX vs. GNXIX

Last updated Jun 4, 2026

LYFIX (AlphaCentric LifeSci Healthcare Fund) and GNXIX (AlphaCentric Robotics and Automation Fund) are both mutual funds - LYFIX is a Health & Biotech Equities fund managed by AlphaCentric Funds, while GNXIX is a Global Equities fund managed by AlphaCentric Funds. Over the past 5 years, LYFIX returned 5.20%/yr vs 6.86%/yr for GNXIX. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 1.40% expense ratio.

Performance

LYFIX vs. GNXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaCentric LifeSci Healthcare Fund (LYFIX) and AlphaCentric Robotics and Automation Fund (GNXIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYFIX achieves a -0.57% return, which is significantly lower than GNXIX's 21.52% return.

LYFIX

• 1D: -3.07%
• 1M: -1.86%
• YTD: -0.57%
• 6M: -1.29%
• 1Y: 33.09%
• 3Y*: 6.91%
• 5Y*: 5.20%
• 10Y*: —

GNXIX

• 1D: 0.87%
• 1M: 22.68%
• YTD: 21.52%
• 6M: 18.76%
• 1Y: 53.23%
• 3Y*: 22.24%
• 5Y*: 6.86%
• 10Y*: —

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

LYFIX vs. GNXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LYFIX AlphaCentric LifeSci Healthcare Fund	-0.57%	28.22%	-0.27%	7.19%	-0.92%	-3.42%	54.83%	1.20%
GNXIX AlphaCentric Robotics and Automation Fund	21.52%	22.71%	24.96%	7.21%	-32.53%	5.95%	40.26%	2.62%

Correlation

The correlation between LYFIX and GNXIX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Dec 2, 2019	0.54

The correlation between LYFIX and GNXIX shifts across timeframes, from 0.35 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LYFIX vs. GNXIX — Risk / Return Rank

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

LYFIX

LYFIX Risk / Return Rank: 55
LYFIX Sharpe Ratio Rank: 41
LYFIX Sortino Ratio Rank: 39
LYFIX Omega Ratio Rank: 35
LYFIX Calmar Ratio Rank: 84
LYFIX Martin Ratio Rank: 77

GNXIX

GNXIX Risk / Return Rank: 21
GNXIX Sharpe Ratio Rank: 25
GNXIX Sortino Ratio Rank: 22
GNXIX Omega Ratio Rank: 19
GNXIX Calmar Ratio Rank: 23
GNXIX Martin Ratio Rank: 15

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.

LYFIX vs. GNXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaCentric LifeSci Healthcare Fund (LYFIX) and AlphaCentric Robotics and Automation Fund (GNXIX). 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.

	LYFIX	GNXIX	Difference
Sharpe ratio Return per unit of total volatility	1.86	1.42	+0.44
Sortino ratio Return per unit of downside risk	2.63	1.98	+0.65
Omega ratio Gain probability vs. loss probability	1.31	1.23	+0.08
Calmar ratio Return relative to maximum drawdown	3.95	1.76	+2.19
Martin ratio Return relative to average drawdown	14.43	4.25	+10.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYFIX vs. GNXIX - Sharpe Ratio Comparison

The current LYFIX Sharpe Ratio is 1.86, which is higher than the GNXIX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of LYFIX and GNXIX, 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

	LYFIX	GNXIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	1.42	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.25	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.45	+0.05

Drawdowns

LYFIX vs. GNXIX - Drawdown Comparison

The maximum LYFIX drawdown since its inception was -35.33%, smaller than the maximum GNXIX drawdown of -46.17%. Use the drawdown chart below to compare losses from any high point for LYFIX and GNXIX.

Drawdown Indicators

	LYFIX	GNXIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.33%	-46.17%	+10.84%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-30.56%	+22.07%
Max Drawdown (3Y) Largest decline over 3 years	-24.22%	-30.69%	+6.47%
Max Drawdown (5Y) Largest decline over 5 years	-32.45%	-45.91%	+13.46%
Current Drawdown Current decline from peak	-4.93%	0.00%	-4.93%
Average Drawdown Average peak-to-trough decline	-9.87%	-17.16%	+7.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	12.66%	-10.34%

Volatility

LYFIX vs. GNXIX - Volatility Comparison

The current volatility for AlphaCentric LifeSci Healthcare Fund (LYFIX) is 6.64%, while AlphaCentric Robotics and Automation Fund (GNXIX) has a volatility of 10.54%. This indicates that LYFIX experiences smaller price fluctuations and is considered to be less risky than GNXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYFIX	GNXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.64%	10.54%	-3.90%
Volatility (6M) Calculated over the trailing 6-month period	14.56%	29.64%	-15.08%
Volatility (1Y) Calculated over the trailing 1-year period	18.05%	37.92%	-19.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.87%	27.24%	-4.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.41%	24.17%	-0.76%

LYFIX vs. GNXIX - Expense Ratio Comparison

Both LYFIX and GNXIX have an expense ratio of 1.40%.

Dividends

LYFIX vs. GNXIX - Dividend Comparison

LYFIX's dividend yield for the trailing twelve months is around 1.79%, more than GNXIX's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GNXIX AlphaCentric Robotics and Automation Fund	0.98%	1.19%	0.00%	0.00%	5.18%	4.23%	0.00%	0.00%	3.38%	1.85%
LYFIX AlphaCentric LifeSci Healthcare Fund	1.79%	1.78%	2.24%	2.63%	4.43%	12.88%	2.30%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LYFIX and GNXIX in my portfolio?

LYFIX and GNXIX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LYFIX or GNXIX?

GNXIX has higher volatility (10.54%) compared to LYFIX (6.64%). In terms of maximum drawdown, LYFIX dropped -35.33% vs GNXIX's -46.17%.

Which has better risk-adjusted returns?

LYFIX currently has the higher Sharpe Ratio (1.86 vs 1.42), 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.