QAITX vs. TEBRX

Last updated Jun 26, 2026

QAITX (Q3 All-Weather Tactical Fund) and TEBRX (Teberg Fund) are both Tactical Allocation funds. Over the past 5 years, QAITX returned 2.70%/yr vs 15.89%/yr for TEBRX. A 0.66 correlation means they provide meaningful diversification when combined. QAITX charges 1.36%/yr vs 1.75%/yr for TEBRX.

Performance

QAITX vs. TEBRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Q3 All-Weather Tactical Fund (QAITX) and Teberg Fund (TEBRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QAITX achieves a 6.52% return, which is significantly lower than TEBRX's 28.03% return.

QAITX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 6.52%
• 6M: 4.80%
• 1Y: 18.18%
• 3Y*: 12.30%
• 5Y*: 2.70%
• 10Y*: —

TEBRX

• 1D: -0.03%
• 1M: 1.57%
• YTD: 28.03%
• 6M: 26.38%
• 1Y: 45.29%
• 3Y*: 27.60%
• 5Y*: 15.89%
• 10Y*: 15.32%

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

QAITX vs. TEBRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QAITX Q3 All-Weather Tactical Fund	6.52%	3.53%	16.11%	23.71%	-37.71%	16.80%	26.32%	0.00%
TEBRX Teberg Fund	28.03%	18.67%	20.76%	34.92%	-22.47%	25.02%	20.61%	-0.23%

Correlation

The correlation between QAITX and TEBRX is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Dec 30, 2019	0.66

The correlation between QAITX and TEBRX shifts across timeframes, from 0.66 (all time) to 0.81 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

QAITX vs. TEBRX — Risk / Return Rank

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

QAITX

QAITX Risk / Return Rank: 29
QAITX Sharpe Ratio Rank: 33
QAITX Sortino Ratio Rank: 31
QAITX Omega Ratio Rank: 34
QAITX Calmar Ratio Rank: 24
QAITX Martin Ratio Rank: 24

TEBRX

TEBRX Risk / Return Rank: 88
TEBRX Sharpe Ratio Rank: 88
TEBRX Sortino Ratio Rank: 81
TEBRX Omega Ratio Rank: 83
TEBRX Calmar Ratio Rank: 94
TEBRX Martin Ratio Rank: 96

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.

QAITX vs. TEBRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Q3 All-Weather Tactical Fund (QAITX) and Teberg Fund (TEBRX). 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.

	QAITX	TEBRX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	2.50	-1.13
Sortino ratio: Return per unit of downside risk	1.91	3.21	-1.31
Omega ratio: Gain probability vs. loss probability	1.26	1.45	-0.20
Calmar ratio: Return relative to maximum drawdown	1.52	4.59	-3.08
Martin ratio: Return relative to average drawdown	4.73	19.35	-14.62

QAITX vs. TEBRX - Sharpe Ratio Comparison

The current QAITX Sharpe Ratio is 1.38, which is lower than the TEBRX Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of QAITX and TEBRX, 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

QAITX vs. TEBRX - Drawdown Comparison

The maximum QAITX drawdown since its inception was -40.35%, roughly equal to the maximum TEBRX drawdown of -39.10%. Use the drawdown chart below to compare losses from any high point for QAITX and TEBRX.

Drawdown Indicators

	QAITX	TEBRX	Difference
Max Drawdown Largest peak-to-trough decline	-40.35%	-39.10%	-1.25%
Max Drawdown (1Y) Largest decline over 1 year	-13.49%	-9.95%	-3.54%
Max Drawdown (3Y) Largest decline over 3 years	-13.49%	-18.50%	+5.01%
Max Drawdown (5Y) Largest decline over 5 years	-40.35%	-30.35%	-10.00%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.22%	—
Current Drawdown Current decline from peak	-3.56%	-3.71%	+0.15%
Average Drawdown Average peak-to-trough decline	-15.75%	-5.74%	-10.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	2.36%	+1.95%

Volatility

QAITX vs. TEBRX - Volatility Comparison

The current volatility for Q3 All-Weather Tactical Fund (QAITX) is 3.26%, while Teberg Fund (TEBRX) has a volatility of 10.18%. This indicates that QAITX experiences smaller price fluctuations and is considered to be less risky than TEBRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QAITX	TEBRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.26%	10.18%	-6.92%
Volatility (6M) Calculated over the trailing 6-month period	11.15%	15.47%	-4.32%
Volatility (1Y) Calculated over the trailing 1-year period	14.87%	18.31%	-3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.43%	20.40%	-6.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.63%	18.95%	-4.32%

QAITX vs. TEBRX - Expense Ratio Comparison

QAITX has a 1.36% expense ratio, which is lower than TEBRX's 1.75% expense ratio.

Dividends

QAITX vs. TEBRX - Dividend Comparison

QAITX's dividend yield for the trailing twelve months is around 1.48%, more than TEBRX's 0.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QAITX Q3 All-Weather Tactical Fund	1.48%	1.85%	0.00%	0.00%	0.00%	7.77%	7.57%	0.00%	0.00%	0.00%	0.00%	0.00%
TEBRX Teberg Fund	0.09%	0.12%	1.66%	0.00%	0.00%	0.00%	0.47%	0.60%	0.77%	0.92%	0.00%	10.62%

Frequently Asked Questions

Can I hold both QAITX and TEBRX in my portfolio?

QAITX and TEBRX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QAITX or TEBRX?

TEBRX has higher volatility (10.18%) compared to QAITX (3.26%). In terms of maximum drawdown, QAITX dropped -40.35% vs TEBRX's -39.10%.

Which has better risk-adjusted returns?

TEBRX currently has the higher Sharpe Ratio (2.50 vs 1.38), 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.