ATVIX Performance — Athena Behavioral Tactical Fund, Class I
Data updated: 2025-07-14
ATVIX returned −24.02% over one year to Apr 2025. Annualised returns are −8.27% over 3 years and +3.05% over 5 years. The fund trailed its US Multi-Cap Value category average: $100 invested three years ago grew to $77, against $122 for the category, and to $76 over one year, against $106. Volatility over the past three years was 24.53% a year. In the 12 months to Apr 2025 the fund lost a net $3.1M, and assets reached $12.98M.
ATVIX Growth of $100
What $100 invested in Athena Behavioral Tactical Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Value category average over the same months.
| Period | ATVIX | Category average |
|---|---|---|
| 1 year (May 2024 – Apr 2025) | $76 | $106 |
| 3 years (May 2022 – Apr 2025) | $77 | $122 |
| 5 years (May 2020 – Apr 2025) | $116 | $173 |
| Since data start (Aug 2019 – Apr 2025) | $109 | $154 |
ATVIX Trailing Returns
Total returns to Apr 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −24.02% |
| 3 years (annualised) | −8.27% |
| 5 years (annualised) | +3.05% |
ATVIX Annual Returns
Calendar-year total returns of Athena Behavioral Tactical Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Apr) | −25.92% |
| 2024 | +0.03% |
| 2023 | +7.29% |
| 2022 | −15.72% |
| 2021 | +22.54% |
| 2020 | +22.10% |
| 2019 (Aug–Dec) | +8.39% |
ATVIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +4.2% | −10.8% | −13.8% | −7.5% | — | — | — | — | — | — | — | — |
| 2024 | −4.0% | +5.5% | +3.4% | −6.9% | +6.0% | −1.9% | +2.4% | +3.1% | +0.7% | −8.9% | +22.4% | −16.9% |
| 2023 | +0.3% | +0.2% | +0.3% | +0.3% | +0.3% | +0.3% | +3.9% | −4.9% | −5.8% | −7.0% | +8.9% | +11.9% |
| 2022 | −3.7% | −3.5% | +0.4% | −6.9% | −3.6% | 0.0% | 0.0% | 0.0% | +0.1% | +0.2% | +0.2% | +0.2% |
| 2021 | +9.1% | +11.6% | +1.7% | +3.4% | −0.1% | +3.4% | −7.8% | +2.6% | −2.9% | +4.2% | −4.3% | +1.3% |
| 2020 | 0.0% | −7.9% | −13.4% | +8.2% | −0.1% | −1.9% | +2.7% | +5.4% | −3.4% | +2.0% | +15.6% | +17.2% |
| 2019 | — | — | — | — | — | — | — | −1.8% | +1.8% | +2.1% | +3.4% | +2.6% |
ATVIX Risk
Risk measures from monthly returns over May 2022 – Apr 2025.
- 3-year volatility (annualised): 24.53%
- 3-year Sharpe ratio: -0.52 (vs 4.5% risk-free rate)
- Best month: +22.41% (Nov 2024)
- Worst month: −16.89% (Dec 2024)
ATVIX Fund Flows
Monthly money in and out of Athena Behavioral Tactical Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.1M
- 12-month gross sales (incl. reinvestments): $9.9M
- Sales ÷ redemptions: 0.76×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2025 | $293K | $396K | −$102K |
| Mar 2025 | $597K | $3.1M | −$2.5M |
| Feb 2025 | $475K | $1.2M | −$705K |
| Jan 2025 | $882K | $695K | $187K |
| Dec 2024 | $2.2M | $677K | $1.6M |
| Nov 2024 | $4.1M | $216K | $3.9M |
| Oct 2024 | $229K | $325K | −$96K |
| Sep 2024 | $70K | $498K | −$428K |
| Aug 2024 | $133K | $642K | −$509K |
| Jul 2024 | $692K | $3.8M | −$3.1M |
| Jun 2024 | $78K | $956K | −$878K |
| May 2024 | $94K | $552K | −$458K |
ATVIX Assets Under Management
Net assets of Athena Behavioral Tactical Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-04-30 | $12.98M |
| 2025-01-31 | $22.33M |
| 2024-10-31 | $16.55M |
| 2024-07-31 | $18.50M |
| 2024-04-30 | $21.55M |
| 2024-01-31 | $23.62M |
| 2023-10-31 | $22.40M |
| 2023-07-31 | $31.82M |
| 2023-04-30 | $34.43M |
| 2023-01-31 | $35.98M |
| 2022-10-31 | $36.51M |
| 2022-07-31 | $36.11M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.