SAOPX vs. AFNIX

Last updated Jun 3, 2026

SAOPX (Barrett Opportunity Fund) and AFNIX (AAM/Bahl & Gaynor Income Growth Fund Class I) are both Large Cap Blend Equities funds. Their correlation of 0.84 suggests significant overlap in exposure. SAOPX charges 1.18%/yr vs 0.83%/yr for AFNIX.

Performance

SAOPX vs. AFNIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrett Opportunity Fund (SAOPX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SAOPX

• 1D: 0.38%
• 1M: 0.53%
• YTD: 7.76%
• 6M: 8.50%
• 1Y: 30.62%
• 3Y*: 18.73%
• 5Y*: 13.13%
• 10Y*: 12.09%

AFNIX

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

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

SAOPX vs. AFNIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAOPX Barrett Opportunity Fund	7.76%	12.76%	20.81%	17.85%	-6.39%	31.64%	1.23%	19.96%	-9.47%	20.63%
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	1.74%	11.36%	16.23%	6.59%	-8.77%	25.23%	6.60%	25.71%	-1.98%	19.51%

Correlation

The correlation between SAOPX and AFNIX is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.84

Over the past year, the correlation between SAOPX and AFNIX has dropped to 0.63 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

Return for Risk

SAOPX vs. AFNIX — Risk / Return Rank

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

SAOPX

SAOPX Risk / Return Rank: 73
SAOPX Sharpe Ratio Rank: 80
SAOPX Sortino Ratio Rank: 73
SAOPX Omega Ratio Rank: 71
SAOPX Calmar Ratio Rank: 84
SAOPX Martin Ratio Rank: 56

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.

SAOPX vs. AFNIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrett Opportunity Fund (SAOPX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). 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.

	SAOPX	AFNIX	Difference
Sharpe ratio Return per unit of total volatility	2.61	—	—
Sortino ratio Return per unit of downside risk	3.58	—	—
Omega ratio Gain probability vs. loss probability	1.47	—	—
Calmar ratio Return relative to maximum drawdown	3.99	—	—
Martin ratio Return relative to average drawdown	11.25	—	—
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

	SAOPX	AFNIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	—	—

Drawdowns

Drawdown Indicators

	SAOPX	AFNIX	Difference
Max Drawdown Largest peak-to-trough decline	-65.75%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-52.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.45%	—	—
Current Drawdown Current decline from peak	-28.99%	—	—
Average Drawdown Average peak-to-trough decline	-12.43%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	—	—

Volatility

Volatility by Period

	SAOPX	AFNIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.82%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.69%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.85%	—	—

SAOPX vs. AFNIX - Expense Ratio Comparison

SAOPX has a 1.18% expense ratio, which is higher than AFNIX's 0.83% expense ratio.

Dividends

SAOPX vs. AFNIX - Dividend Comparison

SAOPX's dividend yield for the trailing twelve months is around 40.61%, more than AFNIX's 31.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	31.18%	14.13%	6.88%	3.43%	4.61%	1.78%	1.75%	2.13%	2.04%	1.72%	1.79%	2.66%
SAOPX Barrett Opportunity Fund	40.61%	43.76%	68.76%	28.25%	13.34%	12.53%	6.24%	10.08%	15.51%	6.06%	26.77%	11.55%

Frequently Asked Questions

Can I hold both SAOPX and AFNIX in my portfolio?

SAOPX and AFNIX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.