MAFIX vs. EQLS

Last updated Apr 1, 2026

Compare and contrast key facts about Abbey Capital Multi Asset Fund Class I (MAFIX) and Simplify Market Neutral Equity Long/Short ETF (EQLS).

MAFIX is managed by Abbey Capital. It was launched on Apr 11, 2018. EQLS is an actively managed fund by Simplify. It was launched on Jun 13, 2023.

Performance

MAFIX vs. EQLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abbey Capital Multi Asset Fund Class I (MAFIX) and Simplify Market Neutral Equity Long/Short ETF (EQLS). The values are adjusted to include any dividend payments, if applicable.

MAFIX vs. EQLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAFIX Abbey Capital Multi Asset Fund Class I	-0.62%	8.41%	8.99%	-0.29%
EQLS Simplify Market Neutral Equity Long/Short ETF	0.00%	6.82%	-4.82%	-3.63%

Returns By Period

MAFIX

• 1D: -0.44%
• 1M: -7.26%
• YTD: -0.62%
• 6M: 4.09%
• 1Y: 14.51%
• 3Y*: 7.40%
• 5Y*: 6.27%
• 10Y*: —

EQLS

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

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

MAFIX vs. EQLS - Expense Ratio Comparison

MAFIX has a 1.79% expense ratio, which is higher than EQLS's 1.00% expense ratio.

MAFIX

Abbey Capital Multi Asset Fund Class I

EQLS

Simplify Market Neutral Equity Long/Short ETF

Return for Risk

MAFIX vs. EQLS — Risk / Return Rank

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

MAFIX

MAFIX Risk / Return Rank: 51
MAFIX Sharpe Ratio Rank: 54
MAFIX Sortino Ratio Rank: 51
MAFIX Omega Ratio Rank: 46
MAFIX Calmar Ratio Rank: 59
MAFIX Martin Ratio Rank: 42

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.

MAFIX vs. EQLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abbey Capital Multi Asset Fund Class I (MAFIX) and Simplify Market Neutral Equity Long/Short ETF (EQLS). 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.

	MAFIX	EQLS	Difference
Sharpe ratio Return per unit of total volatility	1.00	—	—
Sortino ratio Return per unit of downside risk	1.40	—	—
Omega ratio Gain probability vs. loss probability	1.19	—	—
Calmar ratio Return relative to maximum drawdown	1.36	—	—
Martin ratio Return relative to average drawdown	4.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MAFIX	EQLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	—	—

Correlation

The correlation between MAFIX and EQLS is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MAFIX vs. EQLS - Dividend Comparison

MAFIX's dividend yield for the trailing twelve months is around 11.85%, while EQLS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MAFIX Abbey Capital Multi Asset Fund Class I	11.85%	11.78%	4.57%	3.80%	4.12%	10.65%	10.29%	12.30%	9.36%
EQLS Simplify Market Neutral Equity Long/Short ETF	0.00%	0.45%	0.95%	8.50%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	MAFIX	EQLS	Difference
Max Drawdown Largest peak-to-trough decline	-19.21%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.21%	—	—
Current Drawdown Current decline from peak	-7.26%	—	—
Average Drawdown Average peak-to-trough decline	-3.46%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	—	—

Volatility

Volatility by Period

	MAFIX	EQLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.54%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.39%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.92%	—	—