OTRFX vs. SFHYX

Last updated Jun 24, 2026

OTRFX (OnTrack Core Fund) and SFHYX (Hundredfold Select Alternative Fund) are both mutual funds - OTRFX is a Macro Trading fund managed by Advisors Preferred, while SFHYX is a Tactical Allocation fund managed by Advisors Preferred. Over the past 10 years, OTRFX returned 5.38%/yr vs 7.43%/yr for SFHYX. A 0.53 correlation means they provide meaningful diversification when combined. OTRFX charges 2.58%/yr vs 2.45%/yr for SFHYX.

Performance

OTRFX vs. SFHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OnTrack Core Fund (OTRFX) and Hundredfold Select Alternative Fund (SFHYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OTRFX achieves a 5.21% return, which is significantly higher than SFHYX's 1.30% return. Over the past 10 years, OTRFX has underperformed SFHYX with an annualized return of 5.38%, while SFHYX has yielded a comparatively higher 7.43% annualized return.

OTRFX

• 1D: 0.00%
• 1M: 0.93%
• YTD: 5.21%
• 6M: 5.12%
• 1Y: 11.62%
• 3Y*: 6.28%
• 5Y*: 1.97%
• 10Y*: 5.38%

SFHYX

• 1D: 0.09%
• 1M: 0.13%
• YTD: 1.30%
• 6M: 0.98%
• 1Y: 8.83%
• 3Y*: 8.76%
• 5Y*: 2.34%
• 10Y*: 7.43%

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

OTRFX vs. SFHYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OTRFX OnTrack Core Fund	5.21%	6.12%	-0.12%	5.37%	-5.82%	3.94%	29.03%	6.86%	-4.70%	6.49%
SFHYX Hundredfold Select Alternative Fund	1.30%	10.99%	2.78%	9.94%	-10.31%	8.05%	37.42%	9.31%	-2.80%	8.95%

Correlation

The correlation between OTRFX and SFHYX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jan 16, 2013	0.53

The correlation between OTRFX and SFHYX shifts across timeframes, from 0.52 (5 years) to 0.68 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

OTRFX vs. SFHYX — Risk / Return Rank

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

OTRFX

OTRFX Risk / Return Rank: 80
OTRFX Sharpe Ratio Rank: 92
OTRFX Sortino Ratio Rank: 87
OTRFX Omega Ratio Rank: 95
OTRFX Calmar Ratio Rank: 85
OTRFX Martin Ratio Rank: 41

SFHYX

SFHYX Risk / Return Rank: 46
SFHYX Sharpe Ratio Rank: 52
SFHYX Sortino Ratio Rank: 44
SFHYX Omega Ratio Rank: 58
SFHYX Calmar Ratio Rank: 46
SFHYX Martin Ratio Rank: 30

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.

OTRFX vs. SFHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OnTrack Core Fund (OTRFX) and Hundredfold Select Alternative Fund (SFHYX). 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	SFHYX	Difference
Sharpe ratio: Return per unit of total volatility	2.83	1.95	+0.87
Sortino ratio: Return per unit of downside risk	3.84	2.57	+1.28
Omega ratio: Gain probability vs. loss probability	1.72	1.38	+0.34
Calmar ratio: Return relative to maximum drawdown	3.88	2.47	+1.41
Martin ratio: Return relative to average drawdown	8.43	6.59	+1.85

OTRFX vs. SFHYX - Sharpe Ratio Comparison

The current OTRFX Sharpe Ratio is 2.83, which is higher than the SFHYX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of OTRFX and SFHYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OTRFX vs. SFHYX - Drawdown Comparison

The maximum OTRFX drawdown since its inception was -9.73%, smaller than the maximum SFHYX drawdown of -17.34%. Use the drawdown chart below to compare losses from any high point for OTRFX and SFHYX.

Drawdown Indicators

	OTRFX	SFHYX	Difference
Max Drawdown Largest peak-to-trough decline	-9.73%	-17.34%	+7.61%
Max Drawdown (1Y) Largest decline over 1 year	-3.02%	-3.75%	+0.73%
Max Drawdown (3Y) Largest decline over 3 years	-5.76%	-5.80%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-9.51%	-13.71%	+4.20%
Max Drawdown (10Y) Largest decline over 10 years	-9.51%	-14.37%	+4.86%
Current Drawdown Current decline from peak	-0.95%	-1.35%	+0.40%
Average Drawdown Average peak-to-trough decline	-2.97%	-2.74%	-0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.39%	1.40%	-0.01%

Volatility

OTRFX vs. SFHYX - Volatility Comparison

The current volatility for OnTrack Core Fund (OTRFX) is 0.53%, while Hundredfold Select Alternative Fund (SFHYX) has a volatility of 1.69%. This indicates that OTRFX experiences smaller price fluctuations and is considered to be less risky than SFHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OTRFX	SFHYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.53%	1.69%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	2.82%	3.84%	-1.02%
Volatility (1Y) Calculated over the trailing 1-year period	4.16%	4.74%	-0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.07%	6.24%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.59%	6.29%	-2.70%

OTRFX vs. SFHYX - Expense Ratio Comparison

OTRFX has a 2.58% expense ratio, which is higher than SFHYX's 2.45% expense ratio.

Dividends

OTRFX vs. SFHYX - Dividend Comparison

OTRFX's dividend yield for the trailing twelve months is around 12.40%, more than SFHYX's 9.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OTRFX OnTrack Core Fund	12.40%	13.04%	8.01%	0.14%	1.39%	7.10%	2.36%	1.38%	7.15%	2.69%	7.05%	6.15%
SFHYX Hundredfold Select Alternative Fund	9.42%	9.54%	5.68%	4.62%	4.19%	10.21%	13.57%	4.95%	2.55%	10.24%	4.93%	0.71%

Frequently Asked Questions

Can I hold both OTRFX and SFHYX in my portfolio?

OTRFX and SFHYX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OTRFX or SFHYX?

SFHYX has higher volatility (1.69%) compared to OTRFX (0.53%). In terms of maximum drawdown, OTRFX dropped -9.73% vs SFHYX's -17.34%.

Which has better risk-adjusted returns?

OTRFX currently has the higher Sharpe Ratio (2.83 vs 1.95), 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.