QALTX vs. QFITX

Last updated Jun 24, 2026

QALTX (Quantified Alternative Investment Fund) and QFITX (Quantified Tactical Fixed Income Fund) are both mutual funds - QALTX is a Macro Trading fund managed by Advisors Preferred, while QFITX is a Nontraditional Bonds fund managed by Advisors Preferred. Over the past 5 years, QALTX returned 4.15%/yr vs -1.30%/yr for QFITX. At a 0.14 correlation, their price movements are largely independent. QALTX charges 1.33%/yr vs 1.56%/yr for QFITX.

Performance

QALTX vs. QFITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantified Alternative Investment Fund (QALTX) and Quantified Tactical Fixed Income Fund (QFITX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QALTX achieves a 5.90% return, which is significantly higher than QFITX's -4.59% return.

QALTX

• 1D: 0.09%
• 1M: -1.82%
• YTD: 5.90%
• 6M: 5.03%
• 1Y: 18.32%
• 3Y*: 8.88%
• 5Y*: 4.15%
• 10Y*: 4.58%

QFITX

• 1D: 0.00%
• 1M: -0.51%
• YTD: -4.59%
• 6M: -4.52%
• 1Y: -6.65%
• 3Y*: -6.12%
• 5Y*: -1.30%
• 10Y*: —

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

QALTX vs. QFITX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QALTX Quantified Alternative Investment Fund	5.90%	14.31%	4.11%	2.76%	-8.13%	11.76%	1.01%	5.50%
QFITX Quantified Tactical Fixed Income Fund	-4.59%	-7.64%	-1.03%	-6.54%	-22.87%	36.77%	10.36%	2.31%

Correlation

The correlation between QALTX and QFITX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Sep 18, 2019	0.14

Over the past year, QALTX and QFITX have become more correlated (0.37) than their long-term average of 0.14, meaning their price movements have been converging.

Return for Risk

QALTX vs. QFITX — Risk / Return Rank

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

QALTX

QALTX Risk / Return Rank: 67
QALTX Sharpe Ratio Rank: 57
QALTX Sortino Ratio Rank: 48
QALTX Omega Ratio Rank: 62
QALTX Calmar Ratio Rank: 85
QALTX Martin Ratio Rank: 81

QFITX

QFITX Risk / Return Rank: 0
QFITX Sharpe Ratio Rank: 0
QFITX Sortino Ratio Rank: 0
QFITX Omega Ratio Rank: 0
QFITX Calmar Ratio Rank: 1
QFITX Martin Ratio Rank: 0

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. QFITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantified Alternative Investment Fund (QALTX) and Quantified Tactical Fixed Income Fund (QFITX). 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.

	QALTX	QFITX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	-1.13	+3.18
Sortino ratio: Return per unit of downside risk	2.68	-1.50	+4.17
Omega ratio: Gain probability vs. loss probability	1.40	0.81	+0.59
Calmar ratio: Return relative to maximum drawdown	3.84	-0.71	+4.55
Martin ratio: Return relative to average drawdown	14.02	-1.46	+15.48

QALTX vs. QFITX - Sharpe Ratio Comparison

The current QALTX Sharpe Ratio is 2.06, which is higher than the QFITX Sharpe Ratio of -1.13. The chart below compares the historical Sharpe Ratios of QALTX and QFITX, 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

QALTX vs. QFITX - Drawdown Comparison

The maximum QALTX drawdown since its inception was -24.22%, smaller than the maximum QFITX drawdown of -38.03%. Use the drawdown chart below to compare losses from any high point for QALTX and QFITX.

Drawdown Indicators

	QALTX	QFITX	Difference
Max Drawdown Largest peak-to-trough decline	-24.22%	-38.03%	+13.81%
Max Drawdown (1Y) Largest decline over 1 year	-4.99%	-8.67%	+3.68%
Max Drawdown (3Y) Largest decline over 3 years	-11.47%	-20.64%	+9.17%
Max Drawdown (5Y) Largest decline over 5 years	-13.17%	-38.03%	+24.86%
Max Drawdown (10Y) Largest decline over 10 years	-24.22%	—	—
Current Drawdown Current decline from peak	-3.06%	-37.67%	+34.61%
Average Drawdown Average peak-to-trough decline	-6.05%	-19.36%	+13.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.36%	4.18%	-2.82%

Volatility

QALTX vs. QFITX - Volatility Comparison

Quantified Alternative Investment Fund (QALTX) has a higher volatility of 3.54% compared to Quantified Tactical Fixed Income Fund (QFITX) at 1.10%. This indicates that QALTX's price experiences larger fluctuations and is considered to be riskier than QFITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QALTX	QFITX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	1.10%	+2.44%
Volatility (6M) Calculated over the trailing 6-month period	6.51%	4.18%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	9.34%	5.45%	+3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.91%	21.20%	-12.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.93%	20.20%	-10.27%

QALTX vs. QFITX - Expense Ratio Comparison

QALTX has a 1.33% expense ratio, which is lower than QFITX's 1.56% expense ratio.

Dividends

QALTX vs. QFITX - Dividend Comparison

QALTX's dividend yield for the trailing twelve months is around 2.29%, less than QFITX's 16.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QALTX Quantified Alternative Investment Fund	2.29%	2.42%	1.61%	3.55%	1.73%	12.79%	0.00%	1.44%	0.07%	3.12%	0.04%	0.84%
QFITX Quantified Tactical Fixed Income Fund	16.08%	12.72%	3.70%	0.08%	0.15%	29.15%	2.12%	4.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QALTX and QFITX in my portfolio?

QALTX and QFITX have a correlation of 0.37, 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 QFITX?

QALTX has higher volatility (3.54%) compared to QFITX (1.10%). In terms of maximum drawdown, QALTX dropped -24.22% vs QFITX's -38.03%.

Which has better risk-adjusted returns?

QALTX currently has the higher Sharpe Ratio (2.06 vs -1.13), 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.