QBDSX vs. SVARX

Last updated Jun 6, 2026

QBDSX (Quantified Managed Income Fund) and SVARX (Spectrum Low Volatility Fund) are both mutual funds - QBDSX is a Diversified Portfolio fund managed by Advisors Preferred, while SVARX is a Nontraditional Bonds fund managed by Advisors Preferred. Over the past 10 years, QBDSX returned 0.81%/yr vs 6.08%/yr for SVARX. At a 0.33 correlation, their price movements are largely independent. QBDSX charges 1.31%/yr vs 2.34%/yr for SVARX.

Performance

QBDSX vs. SVARX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantified Managed Income Fund (QBDSX) and Spectrum Low Volatility Fund (SVARX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QBDSX achieves a 0.25% return, which is significantly lower than SVARX's 1.61% return. Over the past 10 years, QBDSX has underperformed SVARX with an annualized return of 0.81%, while SVARX has yielded a comparatively higher 6.08% annualized return.

QBDSX

• 1D: 0.13%
• 1M: -0.13%
• YTD: 0.25%
• 6M: -0.08%
• 1Y: 2.13%
• 3Y*: 3.03%
• 5Y*: 0.78%
• 10Y*: 0.81%

SVARX

• 1D: 0.17%
• 1M: 0.59%
• YTD: 1.61%
• 6M: 2.35%
• 1Y: 6.17%
• 3Y*: 6.96%
• 5Y*: 3.28%
• 10Y*: 6.08%

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

QBDSX vs. SVARX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QBDSX Quantified Managed Income Fund	0.25%	5.11%	1.02%	2.25%	-4.09%	-0.66%	-9.22%	10.50%	-3.17%	5.05%
SVARX Spectrum Low Volatility Fund	1.61%	6.22%	2.60%	9.67%	-4.35%	4.10%	19.50%	9.42%	-0.99%	8.25%

Correlation

The correlation between QBDSX and SVARX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.33

The correlation between QBDSX and SVARX shifts across timeframes, from 0.33 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

QBDSX vs. SVARX — Risk / Return Rank

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

QBDSX

QBDSX Risk / Return Rank: 8
QBDSX Sharpe Ratio Rank: 8
QBDSX Sortino Ratio Rank: 8
QBDSX Omega Ratio Rank: 8
QBDSX Calmar Ratio Rank: 8
QBDSX Martin Ratio Rank: 8

SVARX

SVARX Risk / Return Rank: 53
SVARX Sharpe Ratio Rank: 65
SVARX Sortino Ratio Rank: 57
SVARX Omega Ratio Rank: 76
SVARX Calmar Ratio Rank: 43
SVARX Martin Ratio Rank: 24

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.

QBDSX vs. SVARX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantified Managed Income Fund (QBDSX) and Spectrum Low Volatility Fund (SVARX). 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.

	QBDSX	SVARX	Difference
Sharpe ratio: Return per unit of total volatility	0.60	2.30	-1.70
Sortino ratio: Return per unit of downside risk	0.88	3.08	-2.21
Omega ratio: Gain probability vs. loss probability	1.11	1.49	-0.38
Calmar ratio: Return relative to maximum drawdown	0.69	2.39	-1.70
Martin ratio: Return relative to average drawdown	1.93	5.64	-3.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QBDSX vs. SVARX - Sharpe Ratio Comparison

The current QBDSX Sharpe Ratio is 0.60, which is lower than the SVARX Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of QBDSX and SVARX, 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

	QBDSX	SVARX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	2.30	-1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	1.07	-0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	1.66	-1.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	1.71	-1.54

Drawdowns

QBDSX vs. SVARX - Drawdown Comparison

The maximum QBDSX drawdown since its inception was -18.38%, which is greater than SVARX's maximum drawdown of -6.48%. Use the drawdown chart below to compare losses from any high point for QBDSX and SVARX.

Drawdown Indicators

	QBDSX	SVARX	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-6.48%	-11.90%
Max Drawdown (1Y) Largest decline over 1 year	-3.09%	-2.55%	-0.54%
Max Drawdown (3Y) Largest decline over 3 years	-3.76%	-2.55%	-1.21%
Max Drawdown (5Y) Largest decline over 5 years	-7.40%	-6.48%	-0.92%
Max Drawdown (10Y) Largest decline over 10 years	-18.38%	-6.48%	-11.90%
Current Drawdown Current decline from peak	-7.83%	-1.19%	-6.64%
Average Drawdown Average peak-to-trough decline	-6.85%	-1.22%	-5.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	1.08%	+0.03%

Volatility

QBDSX vs. SVARX - Volatility Comparison

Quantified Managed Income Fund (QBDSX) and Spectrum Low Volatility Fund (SVARX) have volatilities of 0.64% and 0.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QBDSX	SVARX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.64%	0.63%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	2.39%	2.16%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	3.59%	2.66%	+0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.32%	3.09%	+1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.25%	3.68%	+1.57%

QBDSX vs. SVARX - Expense Ratio Comparison

QBDSX has a 1.31% expense ratio, which is lower than SVARX's 2.34% expense ratio.

Dividends

QBDSX vs. SVARX - Dividend Comparison

QBDSX's dividend yield for the trailing twelve months is around 4.46%, less than SVARX's 5.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QBDSX Quantified Managed Income Fund	4.46%	4.47%	3.98%	4.51%	0.54%	0.71%	0.87%	2.26%	2.04%	2.51%	1.00%	3.89%
SVARX Spectrum Low Volatility Fund	5.85%	5.95%	9.35%	3.35%	0.00%	5.85%	0.71%	4.91%	2.41%	6.90%	9.07%	3.02%

Frequently Asked Questions

Can I hold both QBDSX and SVARX in my portfolio?

QBDSX and SVARX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QBDSX or SVARX?

QBDSX has higher volatility (0.64%) compared to SVARX (0.63%). In terms of maximum drawdown, QBDSX dropped -18.38% vs SVARX's -6.48%.

Which has better risk-adjusted returns?

SVARX currently has the higher Sharpe Ratio (2.30 vs 0.60), 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.