AULRX Performance — Ultra Fund, R Class
Data updated: 2026-09-29
AULRX returned +1.34% year to date and +8.74% over one year to Jul 2026. Annualised returns are +15.61% over 3 years and +8.10% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $155, against $136 for the category, and to $109 over one year, against $105. Volatility over the past three years was 17.12% a year. In the 12 months to Jul 2026 the fund lost a net $213.1M, and assets reached $25.79B.
AULRX Growth of $100
What $100 invested in Ultra Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | AULRX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $109 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $155 | $136 |
| 5 years (Aug 2021 – Jul 2026) | $148 | $130 |
| Since data start (Aug 2019 – Jul 2026) | $279 | $147 |
AULRX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.34% |
| 1 year | +8.74% |
| 3 years (annualised) | +15.61% |
| 5 years (annualised) | +8.10% |
AULRX Annual Returns
Calendar-year total returns of Ultra Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.34% |
| 2025 | +12.07% |
| 2024 | +28.89% |
| 2023 | +42.62% |
| 2022 | −32.81% |
| 2021 | +22.59% |
| 2020 | +49.02% |
| 2019 (Aug–Dec) | +8.96% |
AULRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.6% | −3.4% | −5.2% | +12.4% | +6.4% | −3.6% | −3.5% | — | — | — | — | — |
| 2025 | +1.7% | −4.8% | −8.6% | +1.1% | +8.5% | +5.5% | +2.0% | +1.2% | +4.5% | +4.9% | −2.0% | −1.4% |
| 2024 | +2.0% | +6.8% | +1.7% | −3.7% | +6.3% | +6.3% | −2.7% | +1.9% | +2.0% | −0.7% | +6.4% | +0.1% |
| 2023 | +9.6% | −1.8% | +7.7% | +0.9% | +5.5% | +6.5% | +2.8% | −1.8% | −5.7% | −2.5% | +11.5% | +4.9% |
| 2022 | −8.9% | −4.5% | +4.0% | −13.1% | −3.4% | −9.2% | +14.3% | −5.8% | −9.4% | +5.7% | +4.3% | −9.3% |
| 2021 | −1.7% | +0.9% | +0.7% | +7.8% | −2.5% | +6.8% | +3.9% | +3.5% | −5.6% | +7.7% | −1.0% | +1.2% |
| 2020 | +2.8% | −5.9% | −10.3% | +15.9% | +8.1% | +5.4% | +8.7% | +12.3% | −5.6% | −4.0% | +11.9% | +5.1% |
| 2019 | — | — | — | — | — | — | — | −2.6% | +0.1% | +3.2% | +5.3% | +2.7% |
AULRX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.12%
- 3-year Sharpe ratio: 0.65 (vs 4.5% risk-free rate)
- Best month: +12.43% (Apr 2026)
- Worst month: −8.60% (Mar 2025)
AULRX Fund Flows
Monthly money in and out of Ultra Fund, from SEC Form N-PORT.
- 12-month net flow: −$213.1M
- 12-month gross sales (incl. reinvestments): $4.0B
- Sales ÷ redemptions: 0.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $72.5M | $251.8M | −$179.3M |
| Jun 2026 | $77.9M | $274.6M | −$196.6M |
| May 2026 | $75.1M | $275.7M | −$200.6M |
| Apr 2026 | $102.6M | $249.7M | −$147.1M |
| Mar 2026 | $98.4M | $299.3M | −$200.9M |
| Feb 2026 | $81.1M | $248.9M | −$167.8M |
| Jan 2026 | $113.1M | $370.0M | −$257.0M |
| Dec 2025 | $2.8B | $457.0M | $2.3B |
| Nov 2025 | $102.0M | $232.4M | −$130.4M |
| Oct 2025 | $83.1M | $303.0M | −$219.9M |
| Sep 2025 | $335.9M | $592.5M | −$256.7M |
| Aug 2025 | $69.0M | $649.8M | −$580.8M |
AULRX Assets Under Management
Net assets of Ultra Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $25.79B |
| 2026-04-30 | $26.59B |
| 2026-01-31 | $26.31B |
| 2025-10-31 | $28.21B |
| 2025-07-31 | $26.41B |
| 2025-04-30 | $23.05B |
| 2025-01-31 | $26.74B |
| 2024-10-31 | $25.06B |
| 2024-07-31 | $24.62B |
| 2024-04-30 | $22.51B |
| 2024-01-31 | $21.63B |
| 2023-10-31 | $18.22B |
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.