The Advisorsa Inner Circle Fund III (SAGP) Performance
SAGP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.4% since Dec 31, 2025
- 1 year
- +10.2% total return
- 3 years
- +19.4% a year
- Since first price
- +10.2% a year since 2022
SAGP trailing returns vs SPY, QQQ, AGG
| Period | SAGP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.6% | +2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.9% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.8% | +4.3% | +7.8% | +8.4% | −1.5% |
| YTD | +8.4% | +7.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.2% | +6.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.1%+19.4%/yr | +58.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJan 25, 2022 | +58.5%+10.2%/yr | +47.1% | — | — | — |
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: SAGP vs SPY
From Jan 25, 2022: SAGP grew to $15,847, SPY to $18,636.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SAGP returns by calendar year
3 of 3 full years positive. Best 2025 (+23.0%), worst 2023 (+11.3%). 2026 is year to date.
SAGP annual returns table
| Year | SAGP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.4% | −8.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +23.0% | −11.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.0% | −6.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +11.3% | −12.5% | +26.2% | +54.9% | +5.7% |
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.
SAGP largest drawdowns
Now 3.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 4, 2022 | −22.9% | Sep 27, 2022 | Feb 12, 2024 | 6 months | 1.9 years |
| Mar 25, 2025 | −11.5% | Apr 8, 2025 | May 2, 2025 | 14 days | 38 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SAGP risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +16.5% | +9.0% |
| Volatility (annualized) | 12.3% | 14.5% |
| Sharpe ratio | 0.96 | 0.40 |
| Sortino ratio | 1.50 | 0.58 |
| Best month | +8.5% | +8.8% |
| Worst month | −7.0% | −7.3% |
| Best 12 months | +30.3% | +30.3% |
| Worst 12 months | +5.1% | −7.0% |
| Positive months | 72% | 64% |
| Beta vs S&P 500 | 0.62 | — |
| Correlation with S&P 500 | 0.63 | — |
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.
SAGP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 46 | −7.0% | +14.1% | +30.3% | 91% |
| 3-year (a year) | 22 | +5.8% | +14.9% | +19.8% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
SAGP performance overview
The Advisorsa Inner Circle Fund III (SAGP) returned +10.2% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +10.2% a year, turning $10,000 into about $15,847. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.9%, from Apr 4, 2022 to Sep 27, 2022, and it took 1.4 years to get back to the old high. SAGP finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+23.0%) and the worst 2023 (+11.3%). Volatility has been 14.5% a year.
Related: SAGP chart, SAGP holdings, SAGP dividends, SAGP valuation. See the SAGP overview for the latest quote and fund facts.
SAGP performance FAQ
What is the SAGP return over the past year?
SAGP returned +10.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.7%.
How much would $10,000 invested in SAGP be worth?
$10,000 invested in SAGP at its first recorded close on January 25, 2022 would be worth about $15,847 on October 23, 2026 with distributions reinvested.
What was the worst year for SAGP?
The worst calendar year was 2023, with a total return of +11.3%. The best was 2025 at +23.0%.
What is the biggest drawdown of SAGP?
The largest peak-to-trough decline was −22.9% between April 4, 2022 and September 27, 2022. It recovered to the old high on February 12, 2024, 1.4 years after the bottom.
How volatile is SAGP?
Over the past 3 years SAGP had an annualized volatility of 12.3% and a Sharpe ratio of 0.96 (excess return over 1–3 month T-bills per unit of risk).