UPAAX vs. CRDBX

Last updated Jun 3, 2026

UPAAX (Upright Assets Allocation Plus Fund) and CRDBX (Potomac Defensive Bull Fund) are both Tactical Allocation funds. At a correlation of -1.00, they often move in opposite directions. UPAAX charges 2.49%/yr vs 1.24%/yr for CRDBX.

Performance

UPAAX vs. CRDBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Upright Assets Allocation Plus Fund (UPAAX) and Potomac Defensive Bull Fund (CRDBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UPAAX

• 1D: 1.73%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRDBX

• 1D: 0.36%
• 1M: 6.00%
• YTD: 18.50%
• 6M: 18.57%
• 1Y: 43.71%
• 3Y*: 19.87%
• 5Y*: 15.68%
• 10Y*: —

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

UPAAX vs. CRDBX - Yearly Performance Comparison

	2026 (YTD)
UPAAX Upright Assets Allocation Plus Fund	1.48%
CRDBX Potomac Defensive Bull Fund	0.72%

Correlation

The correlation between UPAAX and CRDBX is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-1.00

Return for Risk

UPAAX vs. CRDBX — Risk / Return Rank

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

CRDBX

CRDBX Risk / Return Rank: 94
CRDBX Sharpe Ratio Rank: 94
CRDBX Sortino Ratio Rank: 91
CRDBX Omega Ratio Rank: 94
CRDBX Calmar Ratio Rank: 96
CRDBX Martin Ratio Rank: 94

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.

UPAAX vs. CRDBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Upright Assets Allocation Plus Fund (UPAAX) and Potomac Defensive Bull Fund (CRDBX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UPAAX	CRDBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.19	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	34.28	1.10	+33.19

Drawdowns

UPAAX vs. CRDBX - Drawdown Comparison

The maximum UPAAX drawdown since its inception was -0.25%, smaller than the maximum CRDBX drawdown of -28.12%. Use the drawdown chart below to compare losses from any high point for UPAAX and CRDBX.

Drawdown Indicators

	UPAAX	CRDBX	Difference
Max Drawdown Largest peak-to-trough decline	-0.25%	-28.12%	+27.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.12%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.12%	-6.59%	+6.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.16%	—

Volatility

Volatility by Period

	UPAAX	CRDBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.25%	14.19%	+8.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.25%	19.73%	+2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.25%	20.37%	+1.88%

UPAAX vs. CRDBX - Expense Ratio Comparison

UPAAX has a 2.49% expense ratio, which is higher than CRDBX's 1.24% expense ratio.

Dividends

UPAAX vs. CRDBX - Dividend Comparison

UPAAX has not paid dividends to shareholders, while CRDBX's dividend yield for the trailing twelve months is around 12.96%.

Position	TTM	2025	2024	2023	2022	2021	2020
CRDBX Potomac Defensive Bull Fund	12.96%	15.36%	12.58%	9.91%	0.18%	25.05%	1.65%
UPAAX Upright Assets Allocation Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UPAAX and CRDBX in my portfolio?

UPAAX and CRDBX have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.