Adaptive Alpha Opportunities ETF (AGOX) Performance
AGOX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.2% since Dec 31, 2025
- 1 year
- +9.1% total return
- 5 years
- +6.1% a year
- Since first price
- +7.5% a year since 2021
AGOX trailing returns vs SPY, QQQ, AGG
| Period | AGOX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.1% | −3.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.8% | −2.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.3% | +0.3% | +7.8% | +8.4% | −1.5% |
| YTD | +14.2% | +14.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.1% | +5.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +57.9%+16.5%/yr | +46.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +34.3%+6.1%/yr | +20.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMay 10, 2021 | +48.0%+7.5%/yr | +32.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AGOX vs SPY
From May 10, 2021: AGOX grew to $14,800, SPY to $19,568.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AGOX returns by calendar year
3 of 4 full years positive. Best 2023 (+19.1%), worst 2022 (−19.2%). 2026 is year to date.
AGOX annual returns table
| Year | AGOX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.2% | −15.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.6% | −21.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.0% | −8.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +19.1% | −9.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.2% | −24.8% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AGOX largest drawdowns
Now 8.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 3, 2021 | −27.7% | Oct 14, 2022 | May 24, 2024 | 11 months | 2.6 years |
| Jan 23, 2025 | −21.1% | Apr 7, 2025 | Jun 30, 2025 | 2 months | 5 months |
| Oct 28, 2025 | −15.3% | Mar 30, 2026 | Apr 15, 2026 | 5 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AGOX risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +16.6% | +7.7% | +7.1% |
| Volatility (annualized) | 19.0% | 18.9% | 18.4% |
| Sharpe ratio | 0.67 | 0.30 | 0.28 |
| Sortino ratio | 1.24 | 0.47 | 0.45 |
| Best month | +20.2% | +20.2% | +20.2% |
| Worst month | −10.5% | −10.5% | −10.5% |
| Best 12 months | +28.0% | +28.0% | +28.0% |
| Worst 12 months | −0.8% | −22.8% | −22.8% |
| Positive months | 61% | 57% | 56% |
| Beta vs S&P 500 | 1.36 | 1.08 | — |
| Correlation with S&P 500 | 0.89 | 0.90 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AGOX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 54 | −22.8% | +10.5% | +28.0% | 74% |
| 3-year (a year) | 30 | +2.1% | +13.0% | +18.7% | 100% |
| 5-year (a year) | 6 | +6.1% | +7.5% | +8.2% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
AGOX performance overview
Adaptive Alpha Opportunities ETF (AGOX) returned +9.1% over the past year and +6.1% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +7.5% a year, turning $10,000 into about $14,800. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −27.7%, from Nov 3, 2021 to Oct 14, 2022, and it took 1.6 years to get back to the old high. AGOX finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+19.1%) and the worst 2022 (−19.2%). Volatility has been 18.4% a year.
Related: AGOX chart, AGOX dividends. See the AGOX overview for the latest quote and fund facts.
AGOX performance FAQ
What is the AGOX return over the past year?
AGOX returned +9.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.7%.
What is the average annual return of AGOX?
AGOX has returned +6.1% a year over 5 years, +7.5% a year since May 10, 2021 (total return, distributions reinvested).
How much would $10,000 invested in AGOX be worth?
$10,000 invested in AGOX at its first recorded close on May 10, 2021 would be worth about $14,800 on October 23, 2026 with distributions reinvested.
What was the worst year for AGOX?
The worst calendar year was 2022, with a total return of −19.2%. The best was 2023 at +19.1%.
What is the biggest drawdown of AGOX?
The largest peak-to-trough decline was −27.7% between November 3, 2021 and October 14, 2022. It recovered to the old high on May 24, 2024, 1.6 years after the bottom.
How volatile is AGOX?
Over the past 3 years AGOX had an annualized volatility of 19.0% and a Sharpe ratio of 0.67 (excess return over 1–3 month T-bills per unit of risk).