RQEIX vs. IPSHX

Last updated Jun 5, 2026

RQEIX (RESQ Dynamic Allocation Fund) and IPSHX (Pinnacle Sherman Multi-Strategy Core Fund) are both Tactical Allocation funds. Over the past 10 years, RQEIX returned 6.21%/yr vs 7.80%/yr for IPSHX. A 0.58 correlation means they provide meaningful diversification when combined. RQEIX charges 1.80%/yr vs 1.24%/yr for IPSHX.

Performance

RQEIX vs. IPSHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RESQ Dynamic Allocation Fund (RQEIX) and Pinnacle Sherman Multi-Strategy Core Fund (IPSHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RQEIX achieves a 8.58% return, which is significantly lower than IPSHX's 15.34% return. Over the past 10 years, RQEIX has underperformed IPSHX with an annualized return of 6.21%, while IPSHX has yielded a comparatively higher 7.80% annualized return.

RQEIX

• 1D: -0.56%
• 1M: 3.77%
• YTD: 8.58%
• 6M: 8.36%
• 1Y: 25.27%
• 3Y*: 16.31%
• 5Y*: 4.59%
• 10Y*: 6.21%

IPSHX

• 1D: -0.49%
• 1M: 3.85%
• YTD: 15.34%
• 6M: 14.57%
• 1Y: 33.74%
• 3Y*: 14.91%
• 5Y*: 5.98%
• 10Y*: 7.80%

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

RQEIX vs. IPSHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RQEIX RESQ Dynamic Allocation Fund	8.58%	14.97%	15.35%	20.27%	-17.06%	-8.45%	14.11%	7.53%	-6.02%	11.94%
IPSHX Pinnacle Sherman Multi-Strategy Core Fund	15.34%	10.90%	6.79%	18.85%	-17.42%	8.71%	22.20%	15.05%	-13.11%	11.19%

Correlation

The correlation between RQEIX and IPSHX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.59
Correlation (All Time) Calculated using the full available price history since Oct 8, 2015	0.58

The correlation between RQEIX and IPSHX shifts across timeframes, from 0.58 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RQEIX vs. IPSHX — Risk / Return Rank

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

RQEIX

RQEIX Risk / Return Rank: 94
RQEIX Sharpe Ratio Rank: 94
RQEIX Sortino Ratio Rank: 94
RQEIX Omega Ratio Rank: 89
RQEIX Calmar Ratio Rank: 98
RQEIX Martin Ratio Rank: 93

IPSHX

IPSHX Risk / Return Rank: 75
IPSHX Sharpe Ratio Rank: 74
IPSHX Sortino Ratio Rank: 61
IPSHX Omega Ratio Rank: 66
IPSHX Calmar Ratio Rank: 91
IPSHX Martin Ratio Rank: 80

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.

RQEIX vs. IPSHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RESQ Dynamic Allocation Fund (RQEIX) and Pinnacle Sherman Multi-Strategy Core Fund (IPSHX). 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.

	RQEIX	IPSHX	Difference
Sharpe ratio: Return per unit of total volatility	3.25	2.47	+0.77
Sortino ratio: Return per unit of downside risk	4.81	3.24	+1.57
Omega ratio: Gain probability vs. loss probability	1.64	1.44	+0.20
Calmar ratio: Return relative to maximum drawdown	7.75	4.78	+2.98
Martin ratio: Return relative to average drawdown	19.53	14.58	+4.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RQEIX vs. IPSHX - Sharpe Ratio Comparison

The current RQEIX Sharpe Ratio is 3.25, which is higher than the IPSHX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of RQEIX and IPSHX, 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

	RQEIX	IPSHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	2.47	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.40	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.52	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.51	-0.28

Drawdowns

RQEIX vs. IPSHX - Drawdown Comparison

The maximum RQEIX drawdown since its inception was -33.25%, which is greater than IPSHX's maximum drawdown of -25.73%. Use the drawdown chart below to compare losses from any high point for RQEIX and IPSHX.

Drawdown Indicators

	RQEIX	IPSHX	Difference
Max Drawdown Largest peak-to-trough decline	-33.25%	-25.73%	-7.52%
Max Drawdown (1Y) Largest decline over 1 year	-3.36%	-7.12%	+3.76%
Max Drawdown (3Y) Largest decline over 3 years	-17.96%	-25.73%	+7.77%
Max Drawdown (5Y) Largest decline over 5 years	-32.96%	-25.73%	-7.23%
Max Drawdown (10Y) Largest decline over 10 years	-33.25%	-25.73%	-7.52%
Current Drawdown Current decline from peak	-0.56%	-0.49%	-0.07%
Average Drawdown Average peak-to-trough decline	-11.27%	-7.93%	-3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	2.33%	-1.00%

Volatility

RQEIX vs. IPSHX - Volatility Comparison

The current volatility for RESQ Dynamic Allocation Fund (RQEIX) is 3.50%, while Pinnacle Sherman Multi-Strategy Core Fund (IPSHX) has a volatility of 4.14%. This indicates that RQEIX experiences smaller price fluctuations and is considered to be less risky than IPSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RQEIX	IPSHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	4.14%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	5.36%	9.90%	-4.54%
Volatility (1Y) Calculated over the trailing 1-year period	8.04%	13.75%	-5.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	14.94%	+1.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.03%	14.97%	+1.06%

RQEIX vs. IPSHX - Expense Ratio Comparison

RQEIX has a 1.80% expense ratio, which is higher than IPSHX's 1.24% expense ratio.

Dividends

RQEIX vs. IPSHX - Dividend Comparison

RQEIX's dividend yield for the trailing twelve months is around 13.64%, more than IPSHX's 2.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IPSHX Pinnacle Sherman Multi-Strategy Core Fund	2.88%	3.32%	0.00%	0.00%	0.00%	16.18%	0.00%	0.90%	3.68%	6.15%	0.71%
RQEIX RESQ Dynamic Allocation Fund	13.64%	14.53%	0.38%	0.00%	0.38%	0.00%	0.23%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RQEIX and IPSHX in my portfolio?

RQEIX and IPSHX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RQEIX or IPSHX?

IPSHX has higher volatility (4.14%) compared to RQEIX (3.50%). In terms of maximum drawdown, RQEIX dropped -33.25% vs IPSHX's -25.73%.

Which has better risk-adjusted returns?

RQEIX currently has the higher Sharpe Ratio (3.25 vs 2.47), 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.