SRDAX vs. GAFYX
Compare and contrast key facts about Stone Ridge Diversified Alternatives Fund (SRDAX) and AlphaSimplex Global Alternatives Fund (GAFYX).
SRDAX is managed by STONE RIDGE. It was launched on Apr 29, 2020. GAFYX is managed by Natixis Funds. It was launched on Sep 29, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SRDAX or GAFYX.
Key characteristics
| SRDAX | GAFYX | |
|---|---|---|
| YTD Return | 6.29% | 10.58% |
| 1Y Return | 6.51% | 11.63% |
| 3Y Return (Ann) | 9.22% | 3.87% |
| Sharpe Ratio | 2.11 | 1.77 |
| Sortino Ratio | 3.11 | 2.35 |
| Omega Ratio | 1.44 | 1.34 |
| Calmar Ratio | 2.72 | 1.92 |
| Martin Ratio | 8.90 | 8.66 |
| Ulcer Index | 0.76% | 1.36% |
| Daily Std Dev | 3.21% | 6.64% |
| Max Drawdown | -6.33% | -21.09% |
| Current Drawdown | -0.00% | -0.18% |
Correlation
The correlation between SRDAX and GAFYX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SRDAX vs. GAFYX - Performance Comparison
In the year-to-date period, SRDAX achieves a 6.29% return, which is significantly lower than GAFYX's 10.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SRDAX vs. GAFYX - Expense Ratio Comparison
SRDAX has a 1.27% expense ratio, which is higher than GAFYX's 1.24% expense ratio.
Risk-Adjusted Performance
SRDAX vs. GAFYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Stone Ridge Diversified Alternatives Fund (SRDAX) and AlphaSimplex Global Alternatives Fund (GAFYX). 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.
Dividends
SRDAX vs. GAFYX - Dividend Comparison
SRDAX's dividend yield for the trailing twelve months is around 12.11%, more than GAFYX's 4.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SRDAX Stone Ridge Diversified Alternatives Fund | 12.11% | 12.87% | 1.11% | 7.54% | 2.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GAFYX AlphaSimplex Global Alternatives Fund | 4.57% | 5.24% | 9.57% | 0.00% | 2.57% | 1.15% | 1.37% | 0.75% | 0.00% | 0.00% | 0.00% | 0.59% |
Drawdowns
SRDAX vs. GAFYX - Drawdown Comparison
The maximum SRDAX drawdown since its inception was -6.33%, smaller than the maximum GAFYX drawdown of -21.09%. Use the drawdown chart below to compare losses from any high point for SRDAX and GAFYX. For additional features, visit the drawdowns tool.
Volatility
SRDAX vs. GAFYX - Volatility Comparison
The current volatility for Stone Ridge Diversified Alternatives Fund (SRDAX) is 1.05%, while AlphaSimplex Global Alternatives Fund (GAFYX) has a volatility of 1.95%. This indicates that SRDAX experiences smaller price fluctuations and is considered to be less risky than GAFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.