SSHVX vs. ACTIX

Last updated Jun 24, 2026

SSHVX (Sound Shore Fund Institutional Class) and ACTIX (Advisors Capital Tactical Fixed Income Fund) are both Large Cap Value Equities funds. Over the past 5 years, SSHVX returned 11.64%/yr vs 0.69%/yr for ACTIX. At a 0.42 correlation, their price movements are largely independent. SSHVX charges 0.75%/yr vs 2.09%/yr for ACTIX.

Performance

SSHVX vs. ACTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sound Shore Fund Institutional Class (SSHVX) and Advisors Capital Tactical Fixed Income Fund (ACTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSHVX achieves a 6.31% return, which is significantly higher than ACTIX's 0.10% return.

SSHVX

• 1D: 0.00%
• 1M: 2.22%
• YTD: 6.31%
• 6M: 5.01%
• 1Y: 26.56%
• 3Y*: 20.62%
• 5Y*: 11.64%
• 10Y*: 12.19%

ACTIX

• 1D: -0.21%
• 1M: 0.53%
• YTD: 0.10%
• 6M: 0.25%
• 1Y: 3.51%
• 3Y*: 4.60%
• 5Y*: 0.69%
• 10Y*: —

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

SSHVX vs. ACTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SSHVX Sound Shore Fund Institutional Class	6.31%	18.37%	22.67%	17.67%	-10.47%	13.61%
ACTIX Advisors Capital Tactical Fixed Income Fund	0.10%	6.08%	3.07%	5.97%	-9.94%	0.75%

Correlation

The correlation between SSHVX and ACTIX is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021	0.42

The correlation between SSHVX and ACTIX shifts across timeframes, from 0.41 (3 years) to 0.54 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SSHVX vs. ACTIX — Risk / Return Rank

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

SSHVX

SSHVX Risk / Return Rank: 53
SSHVX Sharpe Ratio Rank: 52
SSHVX Sortino Ratio Rank: 52
SSHVX Omega Ratio Rank: 47
SSHVX Calmar Ratio Rank: 61
SSHVX Martin Ratio Rank: 54

ACTIX

ACTIX Risk / Return Rank: 15
ACTIX Sharpe Ratio Rank: 14
ACTIX Sortino Ratio Rank: 14
ACTIX Omega Ratio Rank: 14
ACTIX Calmar Ratio Rank: 15
ACTIX Martin Ratio Rank: 17

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.

SSHVX vs. ACTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sound Shore Fund Institutional Class (SSHVX) and Advisors Capital Tactical Fixed Income Fund (ACTIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SSHVX	ACTIX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.00	+0.97
Sortino ratio: Return per unit of downside risk	2.82	1.46	+1.35
Omega ratio: Gain probability vs. loss probability	1.34	1.18	+0.16
Calmar ratio: Return relative to maximum drawdown	2.85	1.25	+1.60
Martin ratio: Return relative to average drawdown	10.35	4.18	+6.17

SSHVX vs. ACTIX - Sharpe Ratio Comparison

The current SSHVX Sharpe Ratio is 1.97, which is higher than the ACTIX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of SSHVX and ACTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SSHVX vs. ACTIX - Drawdown Comparison

The maximum SSHVX drawdown since its inception was -39.90%, which is greater than ACTIX's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for SSHVX and ACTIX.

Drawdown Indicators

	SSHVX	ACTIX	Difference
Max Drawdown Largest peak-to-trough decline	-39.90%	-14.29%	-25.61%
Max Drawdown (1Y) Largest decline over 1 year	-9.65%	-2.90%	-6.75%
Max Drawdown (3Y) Largest decline over 3 years	-17.69%	-3.95%	-13.74%
Max Drawdown (5Y) Largest decline over 5 years	-23.81%	-14.29%	-9.52%
Max Drawdown (10Y) Largest decline over 10 years	-39.90%	—	—
Current Drawdown Current decline from peak	-0.84%	-1.04%	+0.20%
Average Drawdown Average peak-to-trough decline	-5.38%	-4.97%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	0.87%	+1.79%

Volatility

SSHVX vs. ACTIX - Volatility Comparison

Sound Shore Fund Institutional Class (SSHVX) has a higher volatility of 5.28% compared to Advisors Capital Tactical Fixed Income Fund (ACTIX) at 1.00%. This indicates that SSHVX's price experiences larger fluctuations and is considered to be riskier than ACTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSHVX	ACTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	1.00%	+4.28%
Volatility (6M) Calculated over the trailing 6-month period	10.97%	2.85%	+8.12%
Volatility (1Y) Calculated over the trailing 1-year period	14.00%	3.65%	+10.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	4.68%	+12.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.04%	4.61%	+14.43%

SSHVX vs. ACTIX - Expense Ratio Comparison

SSHVX has a 0.75% expense ratio, which is lower than ACTIX's 2.09% expense ratio.

Dividends

SSHVX vs. ACTIX - Dividend Comparison

SSHVX's dividend yield for the trailing twelve months is around 12.49%, more than ACTIX's 3.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACTIX Advisors Capital Tactical Fixed Income Fund	3.08%	3.09%	3.18%	2.44%	1.10%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SSHVX Sound Shore Fund Institutional Class	12.49%	13.41%	25.54%	4.54%	4.81%	27.05%	7.90%	7.66%	8.43%	11.89%	7.21%	12.62%

Frequently Asked Questions

Can I hold both SSHVX and ACTIX in my portfolio?

SSHVX and ACTIX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSHVX or ACTIX?

SSHVX has higher volatility (5.28%) compared to ACTIX (1.00%). In terms of maximum drawdown, SSHVX dropped -39.90% vs ACTIX's -14.29%.

Which has better risk-adjusted returns?

SSHVX currently has the higher Sharpe Ratio (1.97 vs 1.00), 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.