QFITX vs. HFSAX

Last updated Jun 4, 2026

QFITX (Quantified Tactical Fixed Income Fund) and HFSAX (Hundredfold Select Alternative Fund Investor Class) are both mutual funds - QFITX is a Nontraditional Bonds fund managed by Advisors Preferred, while HFSAX is a Tactical Allocation fund managed by Advisors Preferred. Over the past 5 years, QFITX returned -1.40%/yr vs 3.52%/yr for HFSAX. At a 0.08 correlation, their price movements are largely independent. QFITX charges 1.56%/yr vs 1.75%/yr for HFSAX.

Performance

QFITX vs. HFSAX - Performance Comparison

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

Returns By Period

In the year-to-date period, QFITX achieves a -4.10% return, which is significantly lower than HFSAX's 2.70% return.

QFITX

• 1D: 0.00%
• 1M: -1.75%
• YTD: -4.10%
• 6M: -5.33%
• 1Y: -5.47%
• 3Y*: -5.96%
• 5Y*: -1.40%
• 10Y*: —

HFSAX

• 1D: 0.20%
• 1M: 1.77%
• YTD: 2.70%
• 6M: 4.15%
• 1Y: 11.18%
• 3Y*: 9.99%
• 5Y*: 3.52%
• 10Y*: 8.41%

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

QFITX vs. HFSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QFITX Quantified Tactical Fixed Income Fund	-4.10%	-7.64%	-1.03%	-6.54%	-22.87%	36.77%	10.36%	2.31%
HFSAX Hundredfold Select Alternative Fund Investor Class	2.70%	11.97%	3.75%	10.93%	-9.44%	9.05%	38.71%	2.62%

Correlation

The correlation between QFITX and HFSAX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Sep 19, 2019	0.08

Over the past year, QFITX and HFSAX have become more correlated (0.44) than their long-term average of 0.08, meaning their price movements have been converging.

Return for Risk

QFITX vs. HFSAX — Risk / Return Rank

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

QFITX

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

HFSAX

HFSAX Risk / Return Rank: 66
HFSAX Sharpe Ratio Rank: 77
HFSAX Sortino Ratio Rank: 67
HFSAX Omega Ratio Rank: 78
HFSAX Calmar Ratio Rank: 67
HFSAX Martin Ratio Rank: 41

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.

QFITX vs. HFSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantified Tactical Fixed Income Fund (QFITX) and Hundredfold Select Alternative Fund Investor Class (HFSAX). 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.

	QFITX	HFSAX	Difference
Sharpe ratio Return per unit of total volatility	-1.00	2.55	-3.55
Sortino ratio Return per unit of downside risk	-1.33	3.42	-4.75
Omega ratio Gain probability vs. loss probability	0.83	1.51	-0.68
Calmar ratio Return relative to maximum drawdown	-0.63	3.14	-3.77
Martin ratio Return relative to average drawdown	-1.41	8.76	-10.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QFITX vs. HFSAX - Sharpe Ratio Comparison

The current QFITX Sharpe Ratio is -1.00, which is lower than the HFSAX Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of QFITX and HFSAX, 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

	QFITX	HFSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.00	2.55	-3.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	0.57	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	1.33	-1.35

Drawdowns

QFITX vs. HFSAX - Drawdown Comparison

The maximum QFITX drawdown since its inception was -38.03%, which is greater than HFSAX's maximum drawdown of -12.81%. Use the drawdown chart below to compare losses from any high point for QFITX and HFSAX.

Drawdown Indicators

	QFITX	HFSAX	Difference
Max Drawdown Largest peak-to-trough decline	-38.03%	-12.81%	-25.22%
Max Drawdown (1Y) Largest decline over 1 year	-8.67%	-3.68%	-4.99%
Max Drawdown (3Y) Largest decline over 3 years	-20.64%	-5.67%	-14.97%
Max Drawdown (5Y) Largest decline over 5 years	-38.03%	-12.81%	-25.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-12.81%	—
Current Drawdown Current decline from peak	-37.36%	-0.16%	-37.20%
Average Drawdown Average peak-to-trough decline	-19.28%	-2.39%	-16.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	1.31%	+2.59%

Volatility

QFITX vs. HFSAX - Volatility Comparison

Quantified Tactical Fixed Income Fund (QFITX) and Hundredfold Select Alternative Fund Investor Class (HFSAX) have volatilities of 1.60% and 1.61%, 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

	QFITX	HFSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.60%	1.61%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	4.16%	3.64%	+0.52%
Volatility (1Y) Calculated over the trailing 1-year period	5.47%	4.53%	+0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.20%	6.20%	+15.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.26%	6.26%	+14.00%

QFITX vs. HFSAX - Expense Ratio Comparison

QFITX has a 1.56% expense ratio, which is lower than HFSAX's 1.75% expense ratio.

Dividends

QFITX vs. HFSAX - Dividend Comparison

QFITX's dividend yield for the trailing twelve months is around 13.26%, more than HFSAX's 9.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HFSAX Hundredfold Select Alternative Fund Investor Class	9.49%	9.75%	5.87%	5.17%	4.92%	10.98%	13.58%	6.44%	3.11%	11.06%	5.60%	1.85%
QFITX Quantified Tactical Fixed Income Fund	13.26%	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 QFITX and HFSAX in my portfolio?

QFITX and HFSAX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QFITX or HFSAX?

HFSAX has higher volatility (1.61%) compared to QFITX (1.60%). In terms of maximum drawdown, QFITX dropped -38.03% vs HFSAX's -12.81%.

Which has better risk-adjusted returns?

HFSAX currently has the higher Sharpe Ratio (2.55 vs -1.00), 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.