PQTPX vs. ABYAX
Compare and contrast key facts about PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) and Abbey Capital Futures Strategy Fund Class A (ABYAX).
PQTPX is managed by PIMCO. It was launched on Dec 30, 2013. ABYAX is managed by Abbey Capital. It was launched on Aug 29, 2014.
Performance
PQTPX vs. ABYAX - Performance Comparison
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PQTPX vs. ABYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 4.61% | 2.41% | -3.08% | -4.21% | 11.37% | 14.83% | 9.72% | 2.83% | 2.30% | 2.21% |
ABYAX Abbey Capital Futures Strategy Fund Class A | 4.46% | 1.47% | 0.77% | -3.55% | 16.76% | 3.19% | 7.59% | 8.65% | -6.49% | -0.26% |
Returns By Period
The year-to-date returns for both stocks are quite close, with PQTPX having a 4.61% return and ABYAX slightly lower at 4.46%. Over the past 10 years, PQTPX has outperformed ABYAX with an annualized return of 3.75%, while ABYAX has yielded a comparatively lower 2.58% annualized return.
PQTPX
- 1D
- 0.18%
- 1M
- -2.29%
- YTD
- 4.61%
- 6M
- 10.33%
- 1Y
- 12.11%
- 3Y*
- 2.06%
- 5Y*
- 4.29%
- 10Y*
- 3.75%
ABYAX
- 1D
- 0.00%
- 1M
- -1.38%
- YTD
- 4.46%
- 6M
- 7.57%
- 1Y
- 8.17%
- 3Y*
- 2.13%
- 5Y*
- 3.46%
- 10Y*
- 2.58%
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PQTPX vs. ABYAX - Expense Ratio Comparison
PQTPX has a 1.51% expense ratio, which is lower than ABYAX's 2.04% expense ratio.
Return for Risk
PQTPX vs. ABYAX — Risk / Return Rank
PQTPX
ABYAX
PQTPX vs. ABYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) and Abbey Capital Futures Strategy Fund Class A (ABYAX). 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.
| PQTPX | ABYAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 1.02 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.45 | +0.43 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.19 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.54 | 0.00 |
Martin ratioReturn relative to average drawdown | 3.74 | 3.04 | +0.70 |
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
| PQTPX | ABYAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.02 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.44 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.32 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.45 | +0.01 |
Correlation
The correlation between PQTPX and ABYAX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PQTPX vs. ABYAX - Dividend Comparison
PQTPX has not paid dividends to shareholders, while ABYAX's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 14.80% | 2.40% | 5.63% | 2.49% | 0.32% | 0.20% | 0.00% | 7.57% |
ABYAX Abbey Capital Futures Strategy Fund Class A | 1.22% | 1.27% | 1.68% | 0.99% | 15.33% | 3.57% | 1.36% | 8.50% | 0.00% | 0.00% | 0.00% | 0.06% |
Drawdowns
PQTPX vs. ABYAX - Drawdown Comparison
The maximum PQTPX drawdown since its inception was -27.86%, which is greater than ABYAX's maximum drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for PQTPX and ABYAX.
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Drawdown Indicators
| PQTPX | ABYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.86% | -17.96% | -9.90% |
Max Drawdown (1Y)Largest decline over 1 year | -8.02% | -4.30% | -3.72% |
Max Drawdown (5Y)Largest decline over 5 years | -27.86% | -15.23% | -12.63% |
Max Drawdown (10Y)Largest decline over 10 years | -27.86% | -15.23% | -12.63% |
Current DrawdownCurrent decline from peak | -12.70% | -3.92% | -8.78% |
Average DrawdownAverage peak-to-trough decline | -9.37% | -7.30% | -2.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 2.49% | +0.81% |
Volatility
PQTPX vs. ABYAX - Volatility Comparison
PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) has a higher volatility of 3.61% compared to Abbey Capital Futures Strategy Fund Class A (ABYAX) at 1.85%. This indicates that PQTPX's price experiences larger fluctuations and is considered to be riskier than ABYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PQTPX | ABYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 1.85% | +1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 6.68% | 6.40% | +0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.73% | 7.63% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.86% | 7.98% | +1.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.36% | 7.98% | +1.38% |