UPAAX vs. CRTBX

Last updated Jul 11, 2026

UPAAX (Upright Assets Allocation Plus Fund) and CRTBX (Potomac Tactical Rotation Fund) are both Tactical Allocation funds. A 0.79 correlation means they provide meaningful diversification when combined. UPAAX charges 2.49%/yr vs 1.58%/yr for CRTBX.

Performance

UPAAX vs. CRTBX - Performance Comparison

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

Returns By Period

UPAAX

• 1D: 1.40%
• 1M: -0.13%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRTBX

• 1D: 0.94%
• 1M: 0.25%
• 6M: 5.72%
• YTD: 9.65%
• 1Y: 17.00%
• 3Y*: 9.52%
• 5Y*: 5.64%
• 10Y*: —

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

UPAAX vs. CRTBX - Yearly Performance Comparison

	2026 (YTD)
UPAAX Upright Assets Allocation Plus Fund	-4.41%
CRTBX Potomac Tactical Rotation Fund	1.81%

Correlation

The correlation between UPAAX and CRTBX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.79

Return for Risk

UPAAX vs. CRTBX — Risk / Return Rank

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

UPAAX

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

CRTBX

CRTBX Risk / Return Rank: 71
CRTBX Sharpe Ratio Rank: 57
CRTBX Sortino Ratio Rank: 69
CRTBX Omega Ratio Rank: 64
CRTBX Calmar Ratio Rank: 83
CRTBX Martin Ratio Rank: 80

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. CRTBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Upright Assets Allocation Plus Fund (UPAAX) and Potomac Tactical Rotation Fund (CRTBX). 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.

	UPAAX	CRTBX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.68	—
Sortino ratio: Return per unit of downside risk	—	2.61	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	3.13	—
Martin ratio: Return relative to average drawdown	—	11.23	—

Drawdowns

UPAAX vs. CRTBX - Drawdown Comparison

The maximum UPAAX drawdown since its inception was -10.95%, smaller than the maximum CRTBX drawdown of -97.82%. Use the drawdown chart below to compare losses from any high point for UPAAX and CRTBX.

Drawdown Indicators

	UPAAX	CRTBX	Difference
Max Drawdown Largest peak-to-trough decline	-10.95%	-97.82%	+86.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-97.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-97.82%	—
Current Drawdown Current decline from peak	-7.97%	-97.19%	+89.22%
Average Drawdown Average peak-to-trough decline	-6.74%	-26.06%	+19.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.49%	—

Volatility

Volatility by Period

	UPAAX	CRTBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.77%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.14%	9.98%	+21.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.14%	444.62%	-413.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.14%	404.98%	-373.84%

UPAAX vs. CRTBX - Expense Ratio Comparison

UPAAX has a 2.49% expense ratio, which is higher than CRTBX's 1.58% expense ratio.

Dividends

UPAAX vs. CRTBX - Dividend Comparison

UPAAX has not paid dividends to shareholders, while CRTBX's dividend yield for the trailing twelve months is around 8.40%.

Position	TTM	2025	2024	2023	2022	2021	2020
CRTBX Potomac Tactical Rotation Fund	8.40%	9.21%	5.04%	1.03%	0.13%	19.33%	2.85%
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 CRTBX in my portfolio?

UPAAX and CRTBX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.