QEVOX vs. SVARX

Last updated Jun 5, 2026

QEVOX (Quantified Evolution Plus Fund) and SVARX (Spectrum Low Volatility Fund) are both mutual funds - QEVOX is a Tactical Allocation fund managed by Advisors Preferred, while SVARX is a Nontraditional Bonds fund managed by Advisors Preferred. Over the past 5 years, QEVOX returned 9.15%/yr vs 3.24%/yr for SVARX. At a 0.22 correlation, their price movements are largely independent. QEVOX charges 1.56%/yr vs 2.34%/yr for SVARX.

Performance

QEVOX vs. SVARX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantified Evolution Plus Fund (QEVOX) 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, QEVOX achieves a 53.48% return, which is significantly higher than SVARX's 1.44% return.

QEVOX

• 1D: -1.44%
• 1M: -6.52%
• YTD: 53.48%
• 6M: 59.20%
• 1Y: 76.37%
• 3Y*: 23.15%
• 5Y*: 9.15%
• 10Y*: —

SVARX

• 1D: -0.08%
• 1M: 0.67%
• YTD: 1.44%
• 6M: 2.14%
• 1Y: 5.91%
• 3Y*: 6.90%
• 5Y*: 3.24%
• 10Y*: 6.10%

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

QEVOX vs. SVARX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QEVOX Quantified Evolution Plus Fund	53.48%	8.67%	14.79%	1.22%	-24.02%	14.49%	-1.82%	-1.96%
SVARX Spectrum Low Volatility Fund	1.44%	6.22%	2.60%	9.67%	-4.35%	4.10%	19.50%	1.99%

Correlation

The correlation between QEVOX and SVARX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Sep 30, 2019	0.22

The correlation between QEVOX and SVARX shifts across timeframes, from 0.20 (1 year) to 0.30 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

QEVOX vs. SVARX — Risk / Return Rank

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

QEVOX

QEVOX Risk / Return Rank: 88
QEVOX Sharpe Ratio Rank: 92
QEVOX Sortino Ratio Rank: 76
QEVOX Omega Ratio Rank: 81
QEVOX Calmar Ratio Rank: 96
QEVOX Martin Ratio Rank: 96

SVARX

SVARX Risk / Return Rank: 49
SVARX Sharpe Ratio Rank: 59
SVARX Sortino Ratio Rank: 53
SVARX Omega Ratio Rank: 73
SVARX Calmar Ratio Rank: 40
SVARX Martin Ratio Rank: 22

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.

QEVOX vs. SVARX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantified Evolution Plus Fund (QEVOX) 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.

	QEVOX	SVARX	Difference
Sharpe ratio: Return per unit of total volatility	3.14	2.28	+0.85
Sortino ratio: Return per unit of downside risk	3.64	3.06	+0.58
Omega ratio: Gain probability vs. loss probability	1.54	1.48	+0.06
Calmar ratio: Return relative to maximum drawdown	6.15	2.38	+3.77
Martin ratio: Return relative to average drawdown	23.66	5.61	+18.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QEVOX vs. SVARX - Sharpe Ratio Comparison

The current QEVOX Sharpe Ratio is 3.14, which is higher than the SVARX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of QEVOX 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

	QEVOX	SVARX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.14	2.28	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	1.06	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	1.70	-1.36

Drawdowns

QEVOX vs. SVARX - Drawdown Comparison

The maximum QEVOX drawdown since its inception was -28.47%, which is greater than SVARX's maximum drawdown of -6.48%. Use the drawdown chart below to compare losses from any high point for QEVOX and SVARX.

Drawdown Indicators

	QEVOX	SVARX	Difference
Max Drawdown Largest peak-to-trough decline	-28.47%	-6.48%	-21.99%
Max Drawdown (1Y) Largest decline over 1 year	-12.69%	-2.55%	-10.14%
Max Drawdown (3Y) Largest decline over 3 years	-21.21%	-2.55%	-18.66%
Max Drawdown (5Y) Largest decline over 5 years	-27.40%	-6.48%	-20.92%
Max Drawdown (10Y) Largest decline over 10 years	—	-6.48%	—
Current Drawdown Current decline from peak	-10.06%	-1.36%	-8.70%
Average Drawdown Average peak-to-trough decline	-13.87%	-1.22%	-12.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	1.08%	+2.21%

Volatility

QEVOX vs. SVARX - Volatility Comparison

Quantified Evolution Plus Fund (QEVOX) has a higher volatility of 6.09% compared to Spectrum Low Volatility Fund (SVARX) at 0.62%. This indicates that QEVOX's price experiences larger fluctuations and is considered to be riskier than SVARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QEVOX	SVARX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	0.62%	+5.47%
Volatility (6M) Calculated over the trailing 6-month period	21.66%	2.15%	+19.51%
Volatility (1Y) Calculated over the trailing 1-year period	24.87%	2.66%	+22.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.01%	3.09%	+16.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.72%	3.68%	+18.04%

QEVOX vs. SVARX - Expense Ratio Comparison

QEVOX has a 1.56% expense ratio, which is lower than SVARX's 2.34% expense ratio.

Dividends

QEVOX vs. SVARX - Dividend Comparison

QEVOX's dividend yield for the trailing twelve months is around 43.22%, more than SVARX's 5.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QEVOX Quantified Evolution Plus Fund	43.22%	66.34%	10.32%	24.53%	0.07%	13.55%	2.29%	0.15%	0.00%	0.00%	0.00%	0.00%
SVARX Spectrum Low Volatility Fund	5.86%	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 QEVOX and SVARX in my portfolio?

QEVOX and SVARX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QEVOX or SVARX?

QEVOX has higher volatility (6.09%) compared to SVARX (0.62%). In terms of maximum drawdown, QEVOX dropped -28.47% vs SVARX's -6.48%.

Which has better risk-adjusted returns?

QEVOX currently has the higher Sharpe Ratio (3.14 vs 2.28), 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.