PortfoliosLab logoPortfoliosLab logo
SPATX vs. QSPIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SPATX vs. QSPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic Alternatives Fund (SPATX) and AQR Style Premia Alternative Fund (QSPIX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

SPATX vs. QSPIX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
SPATX
Symmetry Panoramic Alternatives Fund
5.61%11.09%1.50%11.90%12.80%5.86%3.42%-0.00%0.64%
QSPIX
AQR Style Premia Alternative Fund
9.94%14.82%21.48%12.46%30.76%24.93%-21.96%-8.22%-5.24%

Returns By Period

In the year-to-date period, SPATX achieves a 5.61% return, which is significantly lower than QSPIX's 9.94% return.


SPATX

1D
-0.08%
1M
1.80%
YTD
5.61%
6M
7.78%
1Y
12.02%
3Y*
10.44%
5Y*
8.54%
10Y*

QSPIX

1D
-0.21%
1M
3.82%
YTD
9.94%
6M
12.16%
1Y
13.99%
3Y*
19.92%
5Y*
18.65%
10Y*
7.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPATX vs. QSPIX - Expense Ratio Comparison

SPATX has a 0.50% expense ratio, which is lower than QSPIX's 1.49% expense ratio.


Return for Risk

SPATX vs. QSPIX — Risk / Return Rank

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

SPATX
SPATX Risk / Return Rank: 9797
Overall Rank
SPATX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SPATX Sortino Ratio Rank: 9797
Sortino Ratio Rank
SPATX Omega Ratio Rank: 9797
Omega Ratio Rank
SPATX Calmar Ratio Rank: 9797
Calmar Ratio Rank
SPATX Martin Ratio Rank: 9797
Martin Ratio Rank

QSPIX
QSPIX Risk / Return Rank: 7272
Overall Rank
QSPIX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
QSPIX Sortino Ratio Rank: 7878
Sortino Ratio Rank
QSPIX Omega Ratio Rank: 7070
Omega Ratio Rank
QSPIX Calmar Ratio Rank: 7676
Calmar Ratio Rank
QSPIX Martin Ratio Rank: 5555
Martin Ratio Rank
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.

SPATX vs. QSPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic Alternatives Fund (SPATX) and AQR Style Premia Alternative Fund (QSPIX). 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.


SPATXQSPIXDifference

Sharpe ratio

Return per unit of total volatility

3.00

1.42

+1.58

Sortino ratio

Return per unit of downside risk

3.92

1.94

+1.98

Omega ratio

Gain probability vs. loss probability

1.66

1.26

+0.40

Calmar ratio

Return relative to maximum drawdown

3.88

1.76

+2.12

Martin ratio

Return relative to average drawdown

16.81

5.29

+11.52

SPATX vs. QSPIX - Sharpe Ratio Comparison

The current SPATX Sharpe Ratio is 3.00, which is higher than the QSPIX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of SPATX and QSPIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


SPATXQSPIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.00

1.42

+1.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.38

1.18

+0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

Sharpe Ratio (All Time)

Calculated using the full available price history

1.17

0.61

+0.56

Correlation

The correlation between SPATX and QSPIX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

SPATX vs. QSPIX - Dividend Comparison

SPATX's dividend yield for the trailing twelve months is around 2.88%, more than QSPIX's 2.34% yield.


TTM20252024202320222021202020192018201720162015
SPATX
Symmetry Panoramic Alternatives Fund
2.88%3.05%2.65%6.16%6.22%2.08%0.00%1.87%2.33%0.00%0.00%0.00%
QSPIX
AQR Style Premia Alternative Fund
2.34%2.57%6.95%23.77%22.68%12.78%0.00%1.62%0.96%7.08%1.74%5.83%

Drawdowns

SPATX vs. QSPIX - Drawdown Comparison

The maximum SPATX drawdown since its inception was -11.67%, smaller than the maximum QSPIX drawdown of -41.37%. Use the drawdown chart below to compare losses from any high point for SPATX and QSPIX.


Loading graphics...

Drawdown Indicators


SPATXQSPIXDifference

Max Drawdown

Largest peak-to-trough decline

-11.67%

-41.37%

+29.70%

Max Drawdown (1Y)

Largest decline over 1 year

-3.17%

-8.11%

+4.94%

Max Drawdown (5Y)

Largest decline over 5 years

-5.89%

-17.13%

+11.24%

Max Drawdown (10Y)

Largest decline over 10 years

-41.37%

Current Drawdown

Current decline from peak

-0.08%

-0.21%

+0.13%

Average Drawdown

Average peak-to-trough decline

-1.73%

-9.54%

+7.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.73%

2.70%

-1.97%

Volatility

SPATX vs. QSPIX - Volatility Comparison

The current volatility for Symmetry Panoramic Alternatives Fund (SPATX) is 1.26%, while AQR Style Premia Alternative Fund (QSPIX) has a volatility of 2.61%. This indicates that SPATX experiences smaller price fluctuations and is considered to be less risky than QSPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


SPATXQSPIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.26%

2.61%

-1.35%

Volatility (6M)

Calculated over the trailing 6-month period

2.53%

6.62%

-4.09%

Volatility (1Y)

Calculated over the trailing 1-year period

4.13%

10.12%

-5.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.23%

15.98%

-9.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.08%

12.76%

-6.68%