SYMIX vs. TFAFX

Last updated Jun 5, 2026

SYMIX (AlphaCentric Symmetry Strategy Fund Class I) and TFAFX (Tactical Growth Allocation Fund) are both Multistrategy funds. Over the past 5 years, SYMIX returned 7.08%/yr vs 7.45%/yr for TFAFX. A 0.54 correlation means they provide meaningful diversification when combined. SYMIX charges 1.69%/yr vs 1.96%/yr for TFAFX.

Performance

SYMIX vs. TFAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaCentric Symmetry Strategy Fund Class I (SYMIX) and Tactical Growth Allocation Fund (TFAFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SYMIX achieves a 10.56% return, which is significantly higher than TFAFX's 7.57% return.

SYMIX

• 1D: -0.39%
• 1M: 0.13%
• YTD: 10.56%
• 6M: 12.68%
• 1Y: 25.04%
• 3Y*: 10.89%
• 5Y*: 7.08%
• 10Y*: —

TFAFX

• 1D: -0.50%
• 1M: 3.41%
• YTD: 7.57%
• 6M: 6.74%
• 1Y: 21.55%
• 3Y*: 15.92%
• 5Y*: 7.45%
• 10Y*: —

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

SYMIX vs. TFAFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SYMIX AlphaCentric Symmetry Strategy Fund Class I	10.56%	12.36%	7.61%	0.93%	6.09%	14.07%	-2.60%	0.06%
TFAFX Tactical Growth Allocation Fund	7.57%	11.54%	20.19%	19.64%	-24.11%	16.14%	7.88%	4.88%

Correlation

The correlation between SYMIX and TFAFX is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Aug 20, 2019	0.54

The correlation between SYMIX and TFAFX has been stable across timeframes, ranging from 0.54 to 0.62 - a consistent structural relationship.

Return for Risk

SYMIX vs. TFAFX — Risk / Return Rank

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

SYMIX

SYMIX Risk / Return Rank: 64
SYMIX Sharpe Ratio Rank: 55
SYMIX Sortino Ratio Rank: 49
SYMIX Omega Ratio Rank: 51
SYMIX Calmar Ratio Rank: 86
SYMIX Martin Ratio Rank: 80

TFAFX

TFAFX Risk / Return Rank: 38
TFAFX Sharpe Ratio Rank: 39
TFAFX Sortino Ratio Rank: 34
TFAFX Omega Ratio Rank: 36
TFAFX Calmar Ratio Rank: 41
TFAFX Martin Ratio Rank: 43

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.

SYMIX vs. TFAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Symmetry Strategy Fund Class I (SYMIX) and Tactical Growth Allocation Fund (TFAFX). 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.

	SYMIX	TFAFX	Difference
Sharpe ratio: Return per unit of total volatility	2.18	1.77	+0.41
Sortino ratio: Return per unit of downside risk	2.93	2.36	+0.57
Omega ratio: Gain probability vs. loss probability	1.39	1.31	+0.07
Calmar ratio: Return relative to maximum drawdown	4.15	2.37	+1.78
Martin ratio: Return relative to average drawdown	14.78	8.87	+5.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SYMIX vs. TFAFX - Sharpe Ratio Comparison

The current SYMIX Sharpe Ratio is 2.18, which is comparable to the TFAFX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of SYMIX and TFAFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SYMIX	TFAFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.18	1.77	+0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.51	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.56	+0.09

Drawdowns

SYMIX vs. TFAFX - Drawdown Comparison

The maximum SYMIX drawdown since its inception was -17.44%, smaller than the maximum TFAFX drawdown of -25.67%. Use the drawdown chart below to compare losses from any high point for SYMIX and TFAFX.

Drawdown Indicators

	SYMIX	TFAFX	Difference
Max Drawdown Largest peak-to-trough decline	-17.44%	-25.67%	+8.23%
Max Drawdown (1Y) Largest decline over 1 year	-6.07%	-9.30%	+3.23%
Max Drawdown (3Y) Largest decline over 3 years	-12.03%	-17.55%	+5.52%
Max Drawdown (5Y) Largest decline over 5 years	-12.20%	-25.67%	+13.47%
Current Drawdown Current decline from peak	-1.67%	-0.50%	-1.17%
Average Drawdown Average peak-to-trough decline	-4.19%	-7.32%	+3.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	2.47%	-0.77%

Volatility

SYMIX vs. TFAFX - Volatility Comparison

The current volatility for AlphaCentric Symmetry Strategy Fund Class I (SYMIX) is 2.87%, while Tactical Growth Allocation Fund (TFAFX) has a volatility of 3.14%. This indicates that SYMIX experiences smaller price fluctuations and is considered to be less risky than TFAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYMIX	TFAFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	3.14%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	9.03%	+0.17%
Volatility (1Y) Calculated over the trailing 1-year period	11.54%	12.46%	-0.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.88%	14.79%	-3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	14.40%	-3.39%

SYMIX vs. TFAFX - Expense Ratio Comparison

SYMIX has a 1.69% expense ratio, which is lower than TFAFX's 1.96% expense ratio.

Dividends

SYMIX vs. TFAFX - Dividend Comparison

Neither SYMIX nor TFAFX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SYMIX AlphaCentric Symmetry Strategy Fund Class I	0.00%	0.00%	0.00%	2.06%	9.82%	0.25%	1.71%	2.42%
TFAFX Tactical Growth Allocation Fund	0.00%	0.00%	0.00%	0.20%	3.71%	12.30%	4.64%	0.13%

Frequently Asked Questions

Can I hold both SYMIX and TFAFX in my portfolio?

SYMIX and TFAFX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SYMIX or TFAFX?

TFAFX has higher volatility (3.14%) compared to SYMIX (2.87%). In terms of maximum drawdown, SYMIX dropped -17.44% vs TFAFX's -25.67%.

Which has better risk-adjusted returns?

SYMIX currently has the higher Sharpe Ratio (2.18 vs 1.77), 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.