SFHYX vs. HFSAX

Last updated Jun 5, 2026

SFHYX (Hundredfold Select Alternative Fund) and HFSAX (Hundredfold Select Alternative Fund Investor Class) are both Tactical Allocation funds from Advisors Preferred. Over the past 10 years, SFHYX returned 7.40%/yr vs 8.40%/yr for HFSAX. With a 0.99 correlation, they move nearly in lockstep. SFHYX charges 2.45%/yr vs 1.75%/yr for HFSAX.

Performance

SFHYX vs. HFSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hundredfold Select Alternative Fund (SFHYX) 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, SFHYX achieves a 2.10% return, which is significantly lower than HFSAX's 2.54% return. Over the past 10 years, SFHYX has underperformed HFSAX with an annualized return of 7.40%, while HFSAX has yielded a comparatively higher 8.40% annualized return.

SFHYX

• 1D: -0.13%
• 1M: 1.02%
• YTD: 2.10%
• 6M: 3.41%
• 1Y: 9.84%
• 3Y*: 8.93%
• 5Y*: 2.37%
• 10Y*: 7.40%

HFSAX

• 1D: -0.16%
• 1M: 1.11%
• YTD: 2.54%
• 6M: 3.86%
• 1Y: 10.86%
• 3Y*: 9.93%
• 5Y*: 3.32%
• 10Y*: 8.40%

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

SFHYX vs. HFSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SFHYX Hundredfold Select Alternative Fund	2.10%	10.99%	2.78%	9.94%	-10.31%	8.05%	37.42%	9.31%	-2.80%	8.95%
HFSAX Hundredfold Select Alternative Fund Investor Class	2.54%	11.97%	3.75%	10.93%	-9.44%	9.05%	38.71%	10.35%	-1.97%	9.91%

Correlation

The correlation between SFHYX and HFSAX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.99

The correlation between SFHYX and HFSAX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

Return for Risk

SFHYX vs. HFSAX — Risk / Return Rank

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

SFHYX

SFHYX Risk / Return Rank: 51
SFHYX Sharpe Ratio Rank: 57
SFHYX Sortino Ratio Rank: 51
SFHYX Omega Ratio Rank: 64
SFHYX Calmar Ratio Rank: 50
SFHYX Martin Ratio Rank: 33

HFSAX

HFSAX Risk / Return Rank: 62
HFSAX Sharpe Ratio Rank: 71
HFSAX Sortino Ratio Rank: 62
HFSAX Omega Ratio Rank: 74
HFSAX Calmar Ratio Rank: 62
HFSAX Martin Ratio Rank: 39

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.

SFHYX vs. HFSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hundredfold Select Alternative Fund (SFHYX) 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.

	SFHYX	HFSAX	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.45	-0.23
Sortino ratio: Return per unit of downside risk	2.97	3.29	-0.32
Omega ratio: Gain probability vs. loss probability	1.44	1.49	-0.05
Calmar ratio: Return relative to maximum drawdown	2.67	3.01	-0.34
Martin ratio: Return relative to average drawdown	7.39	8.41	-1.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SFHYX vs. HFSAX - Sharpe Ratio Comparison

The current SFHYX Sharpe Ratio is 2.22, which is comparable to the HFSAX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of SFHYX 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

	SFHYX	HFSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	2.45	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.54	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.18	1.35	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	1.33	-0.06

Drawdowns

SFHYX vs. HFSAX - Drawdown Comparison

The maximum SFHYX drawdown since its inception was -17.34%, which is greater than HFSAX's maximum drawdown of -12.81%. Use the drawdown chart below to compare losses from any high point for SFHYX and HFSAX.

Drawdown Indicators

	SFHYX	HFSAX	Difference
Max Drawdown Largest peak-to-trough decline	-17.34%	-12.81%	-4.53%
Max Drawdown (1Y) Largest decline over 1 year	-3.75%	-3.68%	-0.07%
Max Drawdown (3Y) Largest decline over 3 years	-5.80%	-5.67%	-0.13%
Max Drawdown (5Y) Largest decline over 5 years	-14.37%	-12.81%	-1.56%
Max Drawdown (10Y) Largest decline over 10 years	-14.37%	-12.81%	-1.56%
Current Drawdown Current decline from peak	-0.57%	-0.32%	-0.25%
Average Drawdown Average peak-to-trough decline	-2.74%	-2.38%	-0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	1.31%	+0.04%

Volatility

SFHYX vs. HFSAX - Volatility Comparison

Hundredfold Select Alternative Fund (SFHYX) and Hundredfold Select Alternative Fund Investor Class (HFSAX) have volatilities of 1.58% and 1.59%, 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

	SFHYX	HFSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.58%	1.59%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	3.64%	3.64%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	4.53%	4.53%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.22%	6.20%	+0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.28%	6.26%	+0.02%

SFHYX vs. HFSAX - Expense Ratio Comparison

SFHYX has a 2.45% expense ratio, which is higher than HFSAX's 1.75% expense ratio.

Dividends

SFHYX vs. HFSAX - Dividend Comparison

SFHYX's dividend yield for the trailing twelve months is around 9.35%, less than HFSAX's 9.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HFSAX Hundredfold Select Alternative Fund Investor Class	9.51%	9.75%	5.87%	5.17%	4.92%	10.98%	13.58%	6.44%	3.11%	11.06%	5.60%	1.85%
SFHYX Hundredfold Select Alternative Fund	9.35%	9.54%	5.68%	4.62%	4.19%	10.21%	13.57%	4.95%	2.55%	10.24%	4.93%	0.71%

Frequently Asked Questions

Can I hold both SFHYX and HFSAX in my portfolio?

With a correlation of 0.99, SFHYX and HFSAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SFHYX or HFSAX?

HFSAX has higher volatility (1.59%) compared to SFHYX (1.58%). In terms of maximum drawdown, SFHYX dropped -17.34% vs HFSAX's -12.81%.

Which has better risk-adjusted returns?

HFSAX currently has the higher Sharpe Ratio (2.45 vs 2.22), 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.