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SVARX vs. ^CASHX
Performance
Return for Risk
Drawdowns
Volatility

SVARX vs. ^CASHX

Last updated Jun 9, 2026

SVARX (Spectrum Low Volatility Fund) is Nontraditional Bonds fund managed by Advisors Preferred, while ^CASHX (US Money Market Index) is an index. Over the past 10 years, SVARX returned 5.98%/yr vs 2.32%/yr for ^CASHX. At a 0.00 correlation, their price movements are largely independent.

Performance

SVARX vs. ^CASHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spectrum Low Volatility Fund (SVARX) and US Money Market Index (^CASHX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SVARX achieves a 1.10% return, which is significantly lower than ^CASHX's 1.54% return. Over the past 10 years, SVARX has outperformed ^CASHX with an annualized return of 5.98%, while ^CASHX has yielded a comparatively lower 2.32% annualized return.

SVARX

1D
-0.50%
1M
0.04%
YTD
1.10%
6M
2.04%
1Y
5.78%
3Y*
6.73%
5Y*
3.17%
10Y*
5.98%

^CASHX

1D
0.01%
1M
0.26%
YTD
1.54%
6M
1.77%
1Y
3.88%
3Y*
4.64%
5Y*
3.52%
10Y*
2.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SVARX vs. ^CASHX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SVARX
Spectrum Low Volatility Fund		1.10%6.22%2.60%9.67%-4.35%4.10%19.50%9.42%-0.99%8.25%
^CASHX
US Money Market Index		1.54%4.21%5.16%5.03%1.68%0.08%0.37%2.16%1.83%1.00%

Correlation

The correlation between SVARX and ^CASHX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.01

Correlation (3Y)
Calculated over the trailing 3-year period

0.02

Correlation (5Y)
Calculated over the trailing 5-year period

0.08

Correlation (10Y)
Calculated over the trailing 10-year period

0.00

Correlation (All Time)
Calculated using the full available price history since Dec 18, 2013

0.00

Compare stocks, funds, or ETFs

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

Spectrum Low Volatility Fund

US Money Market Index

Often compared with SVARX:
SVARX vs. ACWVSVARX vs. HFSAXSVARX vs. VMFXXSVARX vs. BILSVARX vs. VWNEXSVARX vs. VOOSVARX vs. AGZD
Often compared with ^CASHX:
^CASHX vs. SPAXX^CASHX vs. VBIL^CASHX vs. VUSXX^CASHX vs. VMRXX^CASHX vs. SWVXX^CASHX vs. FXNAX^CASHX vs. JAAA

Return for Risk

SVARX vs. ^CASHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SVARX
SVARX Risk / Return Rank: 4646
Overall Rank
SVARX Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
SVARX Sortino Ratio Rank: 4848
Sortino Ratio Rank
SVARX Omega Ratio Rank: 6868
Omega Ratio Rank
SVARX Calmar Ratio Rank: 3838
Calmar Ratio Rank
SVARX Martin Ratio Rank: 2222
Martin Ratio Rank
^CASHX
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.

SVARX vs. ^CASHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) and US Money Market Index (^CASHX). 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.

SVARX^CASHXDifference
Sharpe ratioReturn per unit of total volatility
2.09
258.44

-256.35

Sortino ratioReturn per unit of downside risk
2.78

—

—

Omega ratioGain probability vs. loss probability

1.44

—

—

Calmar ratioReturn relative to maximum drawdown

2.22

—

—

Martin ratioReturn relative to average drawdown

5.20

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SVARX vs. ^CASHX - Sharpe Ratio Comparison

The current SVARX Sharpe Ratio is 2.09, which is lower than the ^CASHX Sharpe Ratio of 258.44. The chart below compares the historical Sharpe Ratios of SVARX and ^CASHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SVARX^CASHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.09

258.44

-256.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.03

36.67

-35.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.63

24.00

-22.38

Sharpe Ratio (All Time)

Calculated using the full available price history

1.69

25.99

-24.29

Drawdowns

SVARX vs. ^CASHX - Drawdown Comparison

The maximum SVARX drawdown since its inception was -6.48%, which is greater than ^CASHX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SVARX and ^CASHX.

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Drawdown Indicators

SVARX^CASHXDifference

Max Drawdown

Largest peak-to-trough decline

-6.48%

0.00%

-6.48%

Max Drawdown (1Y)

Largest decline over 1 year

-2.55%

0.00%

-2.55%

Max Drawdown (3Y)

Largest decline over 3 years

-2.55%

0.00%

-2.55%

Max Drawdown (5Y)

Largest decline over 5 years

-6.48%

0.00%

-6.48%

Max Drawdown (10Y)

Largest decline over 10 years

-6.48%

0.00%

-6.48%

Current Drawdown

Current decline from peak

-1.69%

0.00%

-1.69%

Average Drawdown

Average peak-to-trough decline

-1.22%

0.00%

-1.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.09%

0.00%

+1.09%

Volatility

SVARX vs. ^CASHX - Volatility Comparison

Spectrum Low Volatility Fund (SVARX) has a higher volatility of 0.79% compared to US Money Market Index (^CASHX) at 0.00%. This indicates that SVARX's price experiences larger fluctuations and is considered to be riskier than ^CASHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SVARX^CASHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.79%

0.00%

+0.79%

Volatility (6M)

Calculated over the trailing 6-month period

2.21%

0.00%

+2.21%

Volatility (1Y)

Calculated over the trailing 1-year period

2.71%

0.01%

+2.70%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.10%

0.08%

+3.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.68%

0.08%

+3.60%

Frequently Asked Questions

SVARX and ^CASHX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SVARX has higher volatility (0.79%) compared to ^CASHX (0.00%). In terms of maximum drawdown, SVARX dropped -6.48% vs ^CASHX's 0.00%.

^CASHX currently has the higher Sharpe Ratio (258.44 vs 2.09), 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.

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