QEVOX vs. UTMAX
Compare and contrast key facts about Quantified Evolution Plus Fund (QEVOX) and USAA Target Managed Allocation Fund (UTMAX).
QEVOX is managed by Advisors Preferred. It was launched on Sep 29, 2019. UTMAX is managed by USAA. It was launched on Aug 6, 2015.
Performance
QEVOX vs. UTMAX - Performance Comparison
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QEVOX vs. UTMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QEVOX Quantified Evolution Plus Fund | 38.56% | 8.67% | 14.79% | 1.22% | -24.02% | 14.49% | -1.82% | -1.96% |
UTMAX USAA Target Managed Allocation Fund | -4.60% | 15.25% | 13.81% | 14.40% | -20.44% | 21.52% | 13.42% | 5.85% |
Returns By Period
In the year-to-date period, QEVOX achieves a 38.56% return, which is significantly higher than UTMAX's -4.60% return.
QEVOX
- 1D
- 0.18%
- 1M
- 12.07%
- YTD
- 38.56%
- 6M
- 52.33%
- 1Y
- 30.78%
- 3Y*
- 19.40%
- 5Y*
- 10.01%
- 10Y*
- —
UTMAX
- 1D
- -0.18%
- 1M
- -9.33%
- YTD
- -4.60%
- 6M
- -1.08%
- 1Y
- 14.56%
- 3Y*
- 11.53%
- 5Y*
- 5.72%
- 10Y*
- 7.96%
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QEVOX vs. UTMAX - Expense Ratio Comparison
QEVOX has a 1.56% expense ratio, which is higher than UTMAX's 0.69% expense ratio.
Return for Risk
QEVOX vs. UTMAX — Risk / Return Rank
QEVOX
UTMAX
QEVOX vs. UTMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Quantified Evolution Plus Fund (QEVOX) and USAA Target Managed Allocation Fund (UTMAX). 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 | UTMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 0.97 | +0.26 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.33 | +0.26 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 1.22 | +0.25 |
Martin ratioReturn relative to average drawdown | 2.18 | 5.34 | -3.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QEVOX | UTMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 0.97 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.26 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.39 | -0.11 |
Correlation
The correlation between QEVOX and UTMAX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
QEVOX vs. UTMAX - Dividend Comparison
QEVOX's dividend yield for the trailing twelve months is around 47.88%, more than UTMAX's 7.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QEVOX Quantified Evolution Plus Fund | 47.88% | 66.34% | 10.32% | 24.53% | 0.07% | 13.55% | 2.29% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
UTMAX USAA Target Managed Allocation Fund | 7.20% | 6.87% | 1.59% | 1.41% | 4.47% | 27.44% | 5.94% | 4.84% | 11.05% | 1.13% | 1.36% | 1.23% |
Drawdowns
QEVOX vs. UTMAX - Drawdown Comparison
The maximum QEVOX drawdown since its inception was -28.47%, smaller than the maximum UTMAX drawdown of -40.49%. Use the drawdown chart below to compare losses from any high point for QEVOX and UTMAX.
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Drawdown Indicators
| QEVOX | UTMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.47% | -40.49% | +12.02% |
Max Drawdown (1Y)Largest decline over 1 year | -20.43% | -10.38% | -10.05% |
Max Drawdown (5Y)Largest decline over 5 years | -27.40% | -40.49% | +13.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.49% | — |
Current DrawdownCurrent decline from peak | -2.96% | -9.41% | +6.45% |
Average DrawdownAverage peak-to-trough decline | -14.19% | -11.08% | -3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.76% | 2.38% | +11.38% |
Volatility
QEVOX vs. UTMAX - Volatility Comparison
Quantified Evolution Plus Fund (QEVOX) has a higher volatility of 9.69% compared to USAA Target Managed Allocation Fund (UTMAX) at 5.16%. This indicates that QEVOX's price experiences larger fluctuations and is considered to be riskier than UTMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QEVOX | UTMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.69% | 5.16% | +4.53% |
Volatility (6M)Calculated over the trailing 6-month period | 21.92% | 9.97% | +11.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.15% | 14.71% | +11.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.09% | 22.33% | -2.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.70% | 19.24% | +2.46% |