MFTFX vs. EVOIX
Compare and contrast key facts about Arrow Managed Futures Stragegy Fund (MFTFX) and Altegris Futures Evolution Strategy Fund (EVOIX).
MFTFX is managed by Arrow Funds. It was launched on Apr 28, 2010. EVOIX is managed by Altegris. It was launched on Oct 30, 2011.
Performance
MFTFX vs. EVOIX - Performance Comparison
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MFTFX vs. EVOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFTFX Arrow Managed Futures Stragegy Fund | 6.05% | 9.29% | 6.87% | -13.57% | 57.88% | 2.13% | -4.13% | 15.17% | -19.70% | 19.09% |
EVOIX Altegris Futures Evolution Strategy Fund | 5.30% | 4.69% | 3.86% | 5.03% | 12.84% | 12.20% | -12.94% | 4.22% | -7.58% | 9.09% |
Returns By Period
In the year-to-date period, MFTFX achieves a 6.05% return, which is significantly higher than EVOIX's 5.30% return. Over the past 10 years, MFTFX has outperformed EVOIX with an annualized return of 5.22%, while EVOIX has yielded a comparatively lower 2.86% annualized return.
MFTFX
- 1D
- 0.62%
- 1M
- -6.08%
- YTD
- 6.05%
- 6M
- 14.66%
- 1Y
- 22.92%
- 3Y*
- 7.10%
- 5Y*
- 10.78%
- 10Y*
- 5.22%
EVOIX
- 1D
- -0.30%
- 1M
- -0.15%
- YTD
- 5.30%
- 6M
- 10.95%
- 1Y
- 13.99%
- 3Y*
- 7.27%
- 5Y*
- 7.75%
- 10Y*
- 2.86%
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MFTFX vs. EVOIX - Expense Ratio Comparison
MFTFX has a 1.54% expense ratio, which is higher than EVOIX's 1.34% expense ratio.
Return for Risk
MFTFX vs. EVOIX — Risk / Return Rank
MFTFX
EVOIX
MFTFX vs. EVOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Managed Futures Stragegy Fund (MFTFX) and Altegris Futures Evolution Strategy Fund (EVOIX). 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.
| MFTFX | EVOIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.09 | 1.35 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.83 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.71 | +0.07 |
Martin ratioReturn relative to average drawdown | 3.77 | 3.56 | +0.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MFTFX | EVOIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 1.35 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.80 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.27 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.40 | -0.25 |
Correlation
The correlation between MFTFX and EVOIX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MFTFX vs. EVOIX - Dividend Comparison
MFTFX has not paid dividends to shareholders, while EVOIX's dividend yield for the trailing twelve months is around 10.06%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFTFX Arrow Managed Futures Stragegy Fund | 0.00% | 0.00% | 0.00% | 11.75% | 41.04% | 2.30% | 0.00% | 20.00% | 7.84% | 2.12% | 9.36% | 1.21% |
EVOIX Altegris Futures Evolution Strategy Fund | 10.06% | 11.11% | 10.09% | 1.71% | 34.87% | 9.73% | 2.23% | 1.63% | 5.52% | 1.57% | 7.27% | 9.05% |
Drawdowns
MFTFX vs. EVOIX - Drawdown Comparison
The maximum MFTFX drawdown since its inception was -35.70%, which is greater than EVOIX's maximum drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for MFTFX and EVOIX.
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Drawdown Indicators
| MFTFX | EVOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.70% | -29.57% | -6.13% |
Max Drawdown (1Y)Largest decline over 1 year | -10.94% | -7.61% | -3.33% |
Max Drawdown (5Y)Largest decline over 5 years | -32.57% | -18.80% | -13.77% |
Max Drawdown (10Y)Largest decline over 10 years | -35.70% | -29.57% | -6.13% |
Current DrawdownCurrent decline from peak | -7.55% | -0.76% | -6.79% |
Average DrawdownAverage peak-to-trough decline | -17.14% | -8.25% | -8.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.18% | 3.73% | +1.45% |
Volatility
MFTFX vs. EVOIX - Volatility Comparison
Arrow Managed Futures Stragegy Fund (MFTFX) has a higher volatility of 5.05% compared to Altegris Futures Evolution Strategy Fund (EVOIX) at 2.53%. This indicates that MFTFX's price experiences larger fluctuations and is considered to be riskier than EVOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFTFX | EVOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 2.53% | +2.52% |
Volatility (6M)Calculated over the trailing 6-month period | 15.24% | 7.95% | +7.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.12% | 10.05% | +11.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.08% | 9.69% | +12.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.13% | 10.46% | +11.67% |