SVARX vs. QMLFX

Last updated Apr 2, 2026

Compare and contrast key facts about Spectrum Low Volatility Fund (SVARX) and Quantified Market Leaders Fund (QMLFX).

SVARX is managed by Advisors Preferred. It was launched on Dec 15, 2013. QMLFX is managed by Advisors Preferred. It was launched on Aug 8, 2013.

Performance

SVARX vs. QMLFX - Performance Comparison

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

SVARX vs. QMLFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SVARX Spectrum Low Volatility Fund	0.25%	6.22%	2.60%	9.67%	-4.35%	4.10%	19.50%	9.42%	-0.99%	8.25%
QMLFX Quantified Market Leaders Fund	-1.41%	0.97%	11.05%	15.04%	-23.59%	13.22%	37.81%	26.08%	-13.48%	16.76%

Returns By Period

In the year-to-date period, SVARX achieves a 0.25% return, which is significantly higher than QMLFX's -1.41% return. Over the past 10 years, SVARX has underperformed QMLFX with an annualized return of 6.49%, while QMLFX has yielded a comparatively higher 8.33% annualized return.

SVARX

• 1D: 0.04%
• 1M: -1.62%
• YTD: 0.25%
• 6M: 2.20%
• 1Y: 5.51%
• 3Y*: 6.04%
• 5Y*: 3.33%
• 10Y*: 6.49%

QMLFX

• 1D: 2.29%
• 1M: -7.84%
• YTD: -1.41%
• 6M: -3.59%
• 1Y: 11.74%
• 3Y*: 8.66%
• 5Y*: -1.44%
• 10Y*: 8.33%

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

SVARX vs. QMLFX - Expense Ratio Comparison

SVARX has a 2.34% expense ratio, which is higher than QMLFX's 1.30% expense ratio.

SVARX

Spectrum Low Volatility Fund

QMLFX

Quantified Market Leaders Fund

Return for Risk

SVARX vs. QMLFX — Risk / Return Rank

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

SVARX

SVARX Risk / Return Rank: 88
SVARX Sharpe Ratio Rank: 93
SVARX Sortino Ratio Rank: 92
SVARX Omega Ratio Rank: 93
SVARX Calmar Ratio Rank: 85
SVARX Martin Ratio Rank: 76

QMLFX

QMLFX Risk / Return Rank: 18
QMLFX Sharpe Ratio Rank: 16
QMLFX Sortino Ratio Rank: 15
QMLFX Omega Ratio Rank: 15
QMLFX Calmar Ratio Rank: 28
QMLFX Martin Ratio Rank: 18

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. QMLFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spectrum Low Volatility Fund (SVARX) and Quantified Market Leaders Fund (QMLFX). 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	QMLFX	Difference
Sharpe ratio Return per unit of total volatility	2.11	0.55	+1.56
Sortino ratio Return per unit of downside risk	2.79	0.83	+1.96
Omega ratio Gain probability vs. loss probability	1.46	1.12	+0.34
Calmar ratio Return relative to maximum drawdown	2.19	1.03	+1.16
Martin ratio Return relative to average drawdown	7.48	2.57	+4.91
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. QMLFX - Sharpe Ratio Comparison

The current SVARX Sharpe Ratio is 2.11, which is higher than the QMLFX Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of SVARX and QMLFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SVARX	QMLFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	0.55	+1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.09	-0.07	+1.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.75	0.40	+1.35
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	0.35	+1.35

Correlation

The correlation between SVARX and QMLFX is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SVARX vs. QMLFX - Dividend Comparison

SVARX's dividend yield for the trailing twelve months is around 5.93%, more than QMLFX's 1.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SVARX Spectrum Low Volatility Fund	5.93%	5.95%	9.35%	3.35%	0.00%	5.85%	0.71%	4.91%	2.41%	6.90%	9.07%	3.02%
QMLFX Quantified Market Leaders Fund	1.39%	1.37%	0.00%	1.99%	0.00%	26.84%	9.58%	0.00%	15.63%	12.15%	2.22%	1.63%

Drawdowns

SVARX vs. QMLFX - Drawdown Comparison

The maximum SVARX drawdown since its inception was -6.48%, smaller than the maximum QMLFX drawdown of -36.59%. Use the drawdown chart below to compare losses from any high point for SVARX and QMLFX.

Drawdown Indicators

	SVARX	QMLFX	Difference
Max Drawdown Largest peak-to-trough decline	-6.48%	-36.59%	+30.11%
Max Drawdown (1Y) Largest decline over 1 year	-2.55%	-11.52%	+8.97%
Max Drawdown (5Y) Largest decline over 5 years	-6.48%	-36.59%	+30.11%
Max Drawdown (10Y) Largest decline over 10 years	-6.48%	-36.59%	+30.11%
Current Drawdown Current decline from peak	-2.51%	-15.25%	+12.74%
Average Drawdown Average peak-to-trough decline	-1.21%	-12.62%	+11.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	4.62%	-3.87%

Volatility

SVARX vs. QMLFX - Volatility Comparison

The current volatility for Spectrum Low Volatility Fund (SVARX) is 1.00%, while Quantified Market Leaders Fund (QMLFX) has a volatility of 6.42%. This indicates that SVARX experiences smaller price fluctuations and is considered to be less risky than QMLFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SVARX	QMLFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	6.42%	-5.42%
Volatility (6M) Calculated over the trailing 6-month period	2.09%	15.69%	-13.60%
Volatility (1Y) Calculated over the trailing 1-year period	2.66%	21.04%	-18.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.08%	20.26%	-17.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.71%	20.88%	-17.17%