OTRFX vs. KAMIX
OTRFX (OnTrack Core Fund) and KAMIX (Kensington Managed Income Fund) are both mutual funds - OTRFX is a Tactical Allocation fund managed by Advisors Preferred, while KAMIX is a Nontraditional Bonds fund managed by Advisors Preferred. Over the past 3 years, OTRFX returned 5.76%/yr vs 4.61%/yr for KAMIX. Their 0.52 correlation means they have sometimes moved together and sometimes differently. OTRFX charges 2.58%/yr vs 1.36%/yr for KAMIX.
Performance
OTRFX vs. KAMIX - Performance Comparison
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Returns By Period
In the year-to-date period, OTRFX achieves a 4.93% return, which is significantly higher than KAMIX's 1.35% return.
OTRFX
- 1D
- 0.10%
- 1M
- -0.10%
- 6M
- 1.36%
- YTD
- 4.93%
- 1Y
- 9.39%
- 3Y*
- 5.76%
- 5Y*
- 1.79%
- 10Y*
- 5.20%
- ALL TIME*
- 4.35%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
OTRFX OnTrack Core Fund | $0.00 | $0.00 | $0.00 |
OTRFX vs. KAMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OTRFX OnTrack Core Fund | 4.93% | 6.12% | -0.12% | 5.37% | -2.16% |
KAMIX Kensington Managed Income Fund | 1.35% | 4.32% | 4.38% | 3.96% | -2.13% |
Correlation
The correlation between OTRFX and KAMIX is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2022 | 0.52 |
The correlation between OTRFX and KAMIX has been stable across timeframes, ranging from 0.51 to 0.56 - a consistent structural relationship.
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Return for Risk
OTRFX vs. KAMIX — Risk / Return Rank
OTRFX
KAMIX
OTRFX vs. KAMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OnTrack Core Fund (OTRFX) and Kensington Managed Income Fund (KAMIX). 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.
| OTRFX | KAMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.28 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 1.75 | +1.36 |
| Martin ratioReturn relative to average drawdown | 6.54 | 7.68 | -1.15 |
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Drawdowns
OTRFX vs. KAMIX - Drawdown Comparison
The maximum OTRFX drawdown since its inception was -9.73%, which is greater than KAMIX's maximum drawdown of -6.11%. Use the drawdown chart below to compare losses from any high point for OTRFX and KAMIX.
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Drawdown Indicators
| OTRFX | KAMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.73% | -6.11% | -3.62% |
Max Drawdown (1Y)Largest decline over 1 year | -3.02% | -2.55% | -0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -5.76% | -4.35% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -9.51% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -9.51% | — | — |
Current DrawdownCurrent decline from peak | -1.21% | -0.72% | -0.49% |
Average DrawdownAverage peak-to-trough decline | -2.95% | -2.09% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 0.58% | +0.85% |
Volatility
OTRFX vs. KAMIX - Volatility Comparison
The current volatility for OnTrack Core Fund (OTRFX) is 0.47%, while Kensington Managed Income Fund (KAMIX) has a volatility of 0.74%. This indicates that OTRFX experiences smaller price fluctuations and is considered to be less risky than KAMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OTRFX | KAMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.47% | 0.74% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 2.29% | 2.60% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.15% | 3.16% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.07% | 3.78% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.56% | 3.78% | -0.22% |
OTRFX vs. KAMIX - Expense Ratio Comparison
OTRFX has a 2.58% expense ratio, which is higher than KAMIX's 1.36% expense ratio.
Dividends
OTRFX vs. KAMIX - Dividend Comparison
OTRFX's dividend yield for the trailing twelve months is around 12.43%, more than KAMIX's 5.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KAMIX Kensington Managed Income Fund | 5.36% | 4.57% | 5.60% | 4.15% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OTRFX OnTrack Core Fund | 12.43% | 13.04% | 8.01% | 0.14% | 1.39% | 7.10% | 2.36% | 1.38% | 7.15% | 2.69% | 7.05% | 6.15% |
Frequently Asked Questions
OTRFX and KAMIX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KAMIX has higher volatility (0.74%) compared to OTRFX (0.47%). In terms of maximum drawdown, OTRFX dropped -9.73% vs KAMIX's -6.11%.
OTRFX currently has the higher Sharpe Ratio (2.27 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.
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