QSPAX Performance — Quantified Pattern Recognition Fund
Data updated: 2026-09-10
QSPAX returned −4.64% year to date and +15.20% over one year to Jun 2026. Annualised returns are +10.29% over 3 years and +7.34% over 5 years. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $134, against $170 for the category, and to $115 over one year, against $110. Volatility over the past three years was 12.99% a year. In the 12 months to Jun 2026 the fund lost a net $4.1M, and assets reached $46.45M. Returns are those of sibling share class QSPMX; this class's own returns are not reported in filings.
QSPAX Growth of $100
What $100 invested in Quantified Pattern Recognition Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | QSPAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $115 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $134 | $170 |
| 5 years (Jul 2021 – Jun 2026) | $142 | $159 |
| Since data start (Jan 2020 – Jun 2026) | $178 | $183 |
QSPAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −4.64% |
| 1 year | +15.20% |
| 3 years (annualised) | +10.29% |
| 5 years (annualised) | +7.34% |
QSPAX Annual Returns
Calendar-year total returns of Quantified Pattern Recognition Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −4.64% |
| 2025 | +27.24% |
| 2024 | +18.78% |
| 2023 | +13.84% |
| 2022 | −18.49% |
| 2021 | +33.90% |
| 2020 | −0.33% |
QSPAX 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 | +3.1% | −2.1% | −8.0% | −2.4% | +1.6% | +3.6% | — | — | — | — | — | — |
| 2025 | +3.3% | −2.2% | −3.6% | +1.6% | +2.8% | +3.6% | +0.1% | +6.5% | +3.1% | +1.8% | +2.8% | +5.1% |
| 2024 | +8.6% | +3.7% | +3.3% | −7.3% | +0.8% | +2.3% | +1.9% | −0.6% | +3.7% | +2.9% | +4.7% | −5.5% |
| 2023 | +2.7% | +2.4% | +4.9% | +5.5% | +10.8% | −5.1% | −0.3% | −1.3% | −2.6% | +1.6% | −5.6% | +1.3% |
| 2022 | −8.7% | −5.0% | +0.6% | −8.8% | +6.6% | −13.1% | +4.8% | +0.8% | −4.7% | +5.7% | +3.7% | +0.1% |
| 2021 | +0.9% | +2.3% | +8.2% | +3.9% | +4.3% | +3.6% | +3.0% | +5.9% | −9.5% | +6.6% | −3.8% | +5.2% |
| 2020 | −2.5% | −11.0% | −1.5% | +10.6% | +9.4% | −5.5% | +1.2% | +1.3% | −3.2% | −7.7% | +5.1% | +5.9% |
QSPAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.99%
- 3-year Sharpe ratio: 0.45 (vs 4.5% risk-free rate)
- Best month: +8.55% (Jan 2024)
- Worst month: −8.00% (Mar 2026)
QSPAX Fund Flows
Monthly money in and out of Quantified Pattern Recognition Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.1M
- 12-month gross sales (incl. reinvestments): $128.5M
- Sales ÷ redemptions: 0.97×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $6.6M | $10.6M | −$3.9M |
| May 2026 | $12.3M | $7.7M | $4.5M |
| Apr 2026 | $5.9M | $24.2M | −$18.3M |
| Mar 2026 | $5.5M | $32.9M | −$27.4M |
| Feb 2026 | $25.5M | $19.9M | $5.6M |
| Jan 2026 | $43.1M | $9.5M | $33.5M |
| Dec 2025 | $5.8M | $3.0M | $2.9M |
| Nov 2025 | $10.1M | $1.1M | $8.9M |
| Oct 2025 | $2.7M | $3.9M | −$1.2M |
| Sep 2025 | $6.0M | $1.6M | $4.5M |
| Aug 2025 | $3.5M | $5.9M | −$2.4M |
| Jul 2025 | $1.5M | $12.2M | −$10.7M |
QSPAX Assets Under Management
Net assets of Quantified Pattern Recognition Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $46.45M |
| 2026-03-31 | $62.74M |
| 2025-12-31 | $56.81M |
| 2025-09-30 | $42.18M |
| 2025-06-30 | $47.26M |
| 2025-03-31 | $35.76M |
| 2024-12-31 | $44.34M |
| 2024-09-30 | $32.40M |
| 2024-06-30 | $31.24M |
| 2024-03-31 | $37.91M |
| 2023-12-31 | $27.08M |
| 2023-09-30 | $31.49M |
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.