QALTX vs. DYMIX

Last updated Jun 3, 2026

QALTX (Quantified Alternative Investment Fund) and DYMIX (Dynamic Alpha Macro Fund Institutional) are both Macro Trading funds. Over the past year, QALTX returned 21.70% vs 29.08% for DYMIX. At a 0.41 correlation, their price movements are largely independent. QALTX charges 1.33%/yr vs 1.98%/yr for DYMIX.

Performance

QALTX vs. DYMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantified Alternative Investment Fund (QALTX) and Dynamic Alpha Macro Fund Institutional (DYMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QALTX achieves a 8.46% return, which is significantly higher than DYMIX's 7.54% return.

QALTX

• 1D: 0.27%
• 1M: 1.57%
• YTD: 8.46%
• 6M: 9.86%
• 1Y: 21.70%
• 3Y*: 10.03%
• 5Y*: 4.52%
• 10Y*: 4.63%

DYMIX

• 1D: -0.07%
• 1M: 0.96%
• YTD: 7.54%
• 6M: 10.68%
• 1Y: 29.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QALTX vs. DYMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QALTX Quantified Alternative Investment Fund	8.46%	14.31%	4.11%	3.22%
DYMIX Dynamic Alpha Macro Fund Institutional	7.54%	25.51%	18.38%	11.33%

Correlation

The correlation between QALTX and DYMIX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Oct 18, 2023	0.41

Return for Risk

QALTX vs. DYMIX — Risk / Return Rank

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

QALTX

QALTX Risk / Return Rank: 81
QALTX Sharpe Ratio Rank: 79
QALTX Sortino Ratio Rank: 68
QALTX Omega Ratio Rank: 77
QALTX Calmar Ratio Rank: 89
QALTX Martin Ratio Rank: 91

DYMIX

DYMIX Risk / Return Rank: 35
DYMIX Sharpe Ratio Rank: 42
DYMIX Sortino Ratio Rank: 38
DYMIX Omega Ratio Rank: 41
DYMIX Calmar Ratio Rank: 35
DYMIX Martin Ratio Rank: 19

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.

QALTX vs. DYMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantified Alternative Investment Fund (QALTX) and Dynamic Alpha Macro Fund Institutional (DYMIX). 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.

	QALTX	DYMIX	Difference
Sharpe ratio Return per unit of total volatility	2.57	1.91	+0.66
Sortino ratio Return per unit of downside risk	3.44	2.60	+0.84
Omega ratio Gain probability vs. loss probability	1.50	1.34	+0.16
Calmar ratio Return relative to maximum drawdown	4.51	2.28	+2.23
Martin ratio Return relative to average drawdown	18.67	5.31	+13.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QALTX vs. DYMIX - Sharpe Ratio Comparison

The current QALTX Sharpe Ratio is 2.57, which is higher than the DYMIX Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of QALTX and DYMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QALTX	DYMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	1.91	+0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	1.72	-1.36

Drawdowns

QALTX vs. DYMIX - Drawdown Comparison

The maximum QALTX drawdown since its inception was -24.22%, which is greater than DYMIX's maximum drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for QALTX and DYMIX.

Drawdown Indicators

	QALTX	DYMIX	Difference
Max Drawdown Largest peak-to-trough decline	-24.22%	-12.95%	-11.27%
Max Drawdown (1Y) Largest decline over 1 year	-4.99%	-12.95%	+7.96%
Max Drawdown (3Y) Largest decline over 3 years	-11.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.17%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-24.22%	—	—
Current Drawdown Current decline from peak	-0.09%	-9.38%	+9.29%
Average Drawdown Average peak-to-trough decline	-6.07%	-3.76%	-2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.20%	5.56%	-4.36%

Volatility

QALTX vs. DYMIX - Volatility Comparison

The current volatility for Quantified Alternative Investment Fund (QALTX) is 1.95%, while Dynamic Alpha Macro Fund Institutional (DYMIX) has a volatility of 2.80%. This indicates that QALTX experiences smaller price fluctuations and is considered to be less risky than DYMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QALTX	DYMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.95%	2.80%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	5.67%	11.27%	-5.60%
Volatility (1Y) Calculated over the trailing 1-year period	8.79%	15.35%	-6.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.83%	14.44%	-5.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.89%	14.44%	-4.55%

QALTX vs. DYMIX - Expense Ratio Comparison

QALTX has a 1.33% expense ratio, which is lower than DYMIX's 1.98% expense ratio.

Dividends

QALTX vs. DYMIX - Dividend Comparison

QALTX's dividend yield for the trailing twelve months is around 2.23%, less than DYMIX's 6.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DYMIX Dynamic Alpha Macro Fund Institutional	6.34%	6.82%	7.12%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QALTX Quantified Alternative Investment Fund	2.23%	2.42%	1.61%	3.55%	1.73%	12.79%	0.00%	1.44%	0.07%	3.12%	0.04%	0.84%

Frequently Asked Questions

Can I hold both QALTX and DYMIX in my portfolio?

QALTX and DYMIX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QALTX or DYMIX?

DYMIX has higher volatility (2.80%) compared to QALTX (1.95%). In terms of maximum drawdown, QALTX dropped -24.22% vs DYMIX's -12.95%.

Which has better risk-adjusted returns?

QALTX currently has the higher Sharpe Ratio (2.57 vs 1.91), 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.