The Advisors’ Inner Circle Fund III (SAMM) Performance
SAMM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.8% since Dec 31, 2025
- 1 year
- +15.3% total return
- Since first price
- +38.4% since 2024
SAMM trailing returns vs SPY, QQQ, AGG
| Period | SAMM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.5% | −4.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.6% | +6.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.3% | +5.3% | +7.8% | +8.4% | −1.5% |
| YTD | +11.8% | +11.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.3% | +14.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 4, 2024 | +38.4% | +36.0% | — | — | — |
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: SAMM vs SPY
From Apr 4, 2024: SAMM grew to $13,837, SPY to $15,250.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SAMM returns by calendar year
1 of 1 full years positive. Best 2025 (+12.0%), worst 2025 (+12.0%). 2026 is year to date.
SAMM annual returns table
| Year | SAMM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.8% | −13.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.0% | −22.6% | +17.7% | +20.8% | +7.2% |
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.
SAMM largest drawdowns
Now 7.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 6, 2024 | −24.1% | Apr 8, 2025 | Sep 18, 2025 | 4 months | 9 months |
| Jun 2, 2026 | −13.0% | Jul 29, 2026 | Sep 8, 2026 | 57 days | 3 months |
| Jul 16, 2024 | −11.2% | Aug 5, 2024 | Sep 19, 2024 | 20 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SAMM risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +17.6% |
| Volatility (annualized) | 15.2% |
| Sharpe ratio | 0.87 |
| Sortino ratio | 1.46 |
| Best month | +8.3% |
| Worst month | −7.4% |
| Best 12 months | +30.7% |
| Worst 12 months | +1.6% |
| Positive months | 66% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
SAMM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 19 | +1.6% | +12.3% | +30.7% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
SAMM performance overview
The Advisors’ Inner Circle Fund III (SAMM) returned +15.3% over the past year, with distributions reinvested. Since its first recorded price on Apr 4, 2024 it has returned +38.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −24.1%, from Dec 6, 2024 to Apr 8, 2025, and it took 5 months to get back to the old high. Volatility has been 15.2% a year.
Related: SAMM chart, SAMM holdings, SAMM dividends, SAMM valuation. See the SAMM overview for the latest quote and fund facts.
SAMM performance FAQ
What is the SAMM return over the past year?
SAMM returned +15.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.1%.
How much would $10,000 invested in SAMM be worth?
$10,000 invested in SAMM at its first recorded close on April 4, 2024 would be worth about $13,837 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SAMM?
The largest peak-to-trough decline was −24.1% between December 6, 2024 and April 8, 2025. It recovered to the old high on September 18, 2025, 5 months after the bottom.
How volatile is SAMM?
Over the past history SAMM had an annualized volatility of 15.2% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).