RQEIX vs. UPAAX

Last updated Jun 5, 2026

RQEIX (RESQ Dynamic Allocation Fund) and UPAAX (Upright Assets Allocation Plus Fund) are both Tactical Allocation funds. Their correlation of 0.80 suggests significant overlap in exposure. RQEIX charges 1.80%/yr vs 2.49%/yr for UPAAX.

Performance

RQEIX vs. UPAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RESQ Dynamic Allocation Fund (RQEIX) and Upright Assets Allocation Plus Fund (UPAAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

UPAAX

• 1D: -0.95%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RQEIX vs. UPAAX - Yearly Performance Comparison

	2026 (YTD)
RQEIX RESQ Dynamic Allocation Fund	0.49%
UPAAX Upright Assets Allocation Plus Fund	2.88%

Correlation

The correlation between RQEIX and UPAAX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.80

Return for Risk

RQEIX vs. UPAAX — 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

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. UPAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RESQ Dynamic Allocation Fund (RQEIX) and Upright Assets Allocation Plus Fund (UPAAX). 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	UPAAX	Difference
Sharpe ratio: Return per unit of total volatility	3.25	—	—
Sortino ratio: Return per unit of downside risk	4.81	—	—
Omega ratio: Gain probability vs. loss probability	1.64	—	—
Calmar ratio: Return relative to maximum drawdown	7.75	—	—
Martin ratio: Return relative to average drawdown	19.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RQEIX	UPAAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	23.09	-22.86

Drawdowns

RQEIX vs. UPAAX - Drawdown Comparison

The maximum RQEIX drawdown since its inception was -33.25%, which is greater than UPAAX's maximum drawdown of -0.95%. Use the drawdown chart below to compare losses from any high point for RQEIX and UPAAX.

Drawdown Indicators

	RQEIX	UPAAX	Difference
Max Drawdown Largest peak-to-trough decline	-33.25%	-0.95%	-32.30%
Max Drawdown (1Y) Largest decline over 1 year	-3.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.96%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.25%	—	—
Current Drawdown Current decline from peak	-0.56%	-0.95%	+0.39%
Average Drawdown Average peak-to-trough decline	-11.27%	-0.30%	-10.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	—	—

Volatility

Volatility by Period

	RQEIX	UPAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.04%	24.99%	-16.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	24.99%	-8.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.03%	24.99%	-8.96%

RQEIX vs. UPAAX - Expense Ratio Comparison

RQEIX has a 1.80% expense ratio, which is lower than UPAAX's 2.49% expense ratio.

Dividends

RQEIX vs. UPAAX - Dividend Comparison

RQEIX's dividend yield for the trailing twelve months is around 13.64%, while UPAAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
RQEIX RESQ Dynamic Allocation Fund	13.64%	14.53%	0.38%	0.00%	0.38%	0.00%	0.23%
UPAAX Upright Assets Allocation Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RQEIX and UPAAX in my portfolio?

RQEIX and UPAAX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.