OASDX vs. ASILX

Last updated Jun 4, 2026

OASDX (Oakhurst Strategic Defined Risk Fund) and ASILX (AB Select US Long/Short Portfolio) are both Long-Short funds. Their correlation of 0.92 suggests significant overlap in exposure. OASDX charges 1.89%/yr vs 1.55%/yr for ASILX.

Performance

OASDX vs. ASILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakhurst Strategic Defined Risk Fund (OASDX) and AB Select US Long/Short Portfolio (ASILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OASDX

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

ASILX

• 1D: 0.13%
• 1M: 2.84%
• YTD: 4.97%
• 6M: 5.16%
• 1Y: 13.62%
• 3Y*: 13.36%
• 5Y*: 8.00%
• 10Y*: 9.13%

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

OASDX vs. ASILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OASDX Oakhurst Strategic Defined Risk Fund	3.40%	10.94%	18.06%	17.20%	-13.49%	13.03%	8.88%	9.63%	-6.46%	4.74%
ASILX AB Select US Long/Short Portfolio	4.97%	9.77%	18.46%	11.06%	-9.94%	17.81%	10.23%	17.17%	-1.61%	8.97%

Correlation

The correlation between OASDX and ASILX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since May 23, 2017	0.92

The correlation between OASDX and ASILX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

OASDX vs. ASILX — Risk / Return Rank

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

ASILX

ASILX Risk / Return Rank: 80
ASILX Sharpe Ratio Rank: 81
ASILX Sortino Ratio Rank: 78
ASILX Omega Ratio Rank: 78
ASILX Calmar Ratio Rank: 83
ASILX Martin Ratio Rank: 82

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.

OASDX vs. ASILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakhurst Strategic Defined Risk Fund (OASDX) and AB Select US Long/Short Portfolio (ASILX). 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.

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

Sharpe Ratios by Period

	OASDX	ASILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.63	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.96	—

Drawdowns

Drawdown Indicators

	OASDX	ASILX	Difference
Max Drawdown Largest peak-to-trough decline	—	-18.36%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.36%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-2.46%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.91%	—

Volatility

Volatility by Period

	OASDX	ASILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.31%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	7.96%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	9.29%	—

OASDX vs. ASILX - Expense Ratio Comparison

OASDX has a 1.89% expense ratio, which is higher than ASILX's 1.55% expense ratio.

Dividends

OASDX vs. ASILX - Dividend Comparison

OASDX's dividend yield for the trailing twelve months is around 24.94%, more than ASILX's 12.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASILX AB Select US Long/Short Portfolio	12.53%	13.15%	7.18%	1.41%	6.51%	11.92%	4.28%	3.54%	8.71%	5.03%	0.00%	3.35%
OASDX Oakhurst Strategic Defined Risk Fund	24.94%	8.80%	12.01%	3.28%	5.59%	5.20%	0.00%	2.35%	1.74%	0.92%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OASDX and ASILX in my portfolio?

OASDX and ASILX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.