Fund Evaluator:
Quantified Evolution Plus Investor (QEVOX)
Follow This Fund
Best Performing in Tactical Allocation Over the Last Year
| 69.2% | Quantified Evolution Plus Investor (QEVOX) |
| 48.6% | Teberg (TEBRX) |
| 42.6% | Quantified STF Investor (QSTFX) |
| 37.4% | Potomac Defensive Bull - Instl (CRDBX) |
| 31.4% | Quantified Market Leaders Investor (QMLFX) |
Fund Details
Quantified Evolution Plus Investor Overview
Quantified Evolution Plus Investor (QEVOX) is an actively managed Allocation Tactical Allocation fund. Advisors Preferred launched the fund in 2019.
The investment seeks capital appreciation. The Subadviser's asset allocation focuses primarily on the following categories: equities, debt, gold and commodities. The Subadviser may invest directly in securities representing an asset class, or may invest in exchange-traded funds ("ETFs") and mutual funds that invest primarily in an asset class, or in futures or swaps linked to an asset class. The fund invests in ETFs and mutual funds that are not affiliated with the Adviser or Subadviser.
About Quantified Evolution Plus Investor (QEVOX)
There are 2 members of the management team with an average tenure of 4.46 years: Daniel Poppe (2024), Jerry Wagner (2019). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) index with a weighting of 100%. Quantified Evolution Plus Investor has 22 securities in its portfolio. The top 10 holdings constitute 283.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Quantified Evolution Plus Investor is part of the Allocation global asset class and is within the Allocation fund group. Quantified Evolution Plus Investor has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Quantified Evolution Plus Investor has -68.5% of the portfolio in cash.
Assets Under Management
The fund has $26 million in total assets, which is below the $220 million average for the Tactical Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
QEVOX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Quantified Evolution Plus Investor expense ratio is high compared to funds in the Tactical Allocation category. Quantified Evolution Plus Investor has an expense ratio of 1.83%, which is 4% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Quantified Evolution Plus Investor has a portfolio turnover rate of 1708%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 197% for the Tactical Allocation category.
Recently, in the month of June 2026, Quantified Evolution Plus Investor returned -5.0%, which earned it a grade of F, as the Tactical Allocation category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Quantified Evolution Plus Investor has a trailing yield of 44.22%, which is above the 2.84% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Quantified Evolution Plus Investor Grades
Year to date, the fund has returned 50.0%, 40.6 percentage points better than the category, which translates into a grade of A. The fund has returned 69.2% over the past year (grade of A), 21.8% over the past three years (grade of A) and 9.1% per year over the past five years (grade of A).
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QEVOX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| QEVOX Return (NAV) | -5.0% | 6.9% | 69.2% | 21.8% | 9.1% | na |
| QEVOX Grade | F | C | A | A | A | na |
| +/- Category | -4.7% | -1.2% | 51.2% | 9.9% | 3.5% | na |
| Tactical Allocation Avg | -0.4% | 8.1% | 18.0% | 11.9% | 5.7% | 6.6% |
| QEVOX Tax Cost Ratio | na | na | 15.7% | 9.3% | 6.4% | na |
QEVOX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QEVOX Return (NAV) | 50.0% | 7.6% | 14.7% | 1.0% | -24.0% | 14.5% | -1.8% | na | na | na | na |
| QEVOX Grade | A | F | A | F | F | B | F | na | na | na | na |
| +/- Category | 40.6% | -5.1% | 5.8% | -9.7% | -10.9% | 1.8% | -12.0% | na | na | na | na |
| Tactical Allocation Avg | 9.4% | 12.7% | 8.9% | 10.8% | -13.1% | 12.7% | 10.2% | 13.5% | -6.2% | 13.2% | 5.6% |
| Risk Measures | |
| Standard Deviation: | 22.0% |
| Total Risk Index: | 1.81 - High |
| Category Risk Index: | 2.16 - High |
| Category Risk Grade: | F (100% Rank) |
| Beta: | 0.52 |
| R-Squared: | 5% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 44.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $26 Mil |
| Fund Total Assets: | $ 26 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 1708% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 6.8 years | |||
| Average Tenure: 4.5 years | |||
| Managers (Year): Wagner Jerry (2019), Poppe Daniel (2024) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 22 |
| % in Top 10 Holdings: | 283.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 168.5% |
| Cash: | -68.5% |
Purchase Information
| Fund Family: | Advisors Preferred |
| Phone Number: | 855-647-8268 |
| Website: | www.advisorspreferred.com |
| Status: | Open |
| Inception Date: | September 30, 2019 |
| Min. Initial Purchase: | $10,000 |
| Min. Initial IRA Purchase: | $10,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.83% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.75% |
| Share Class: | Quantified Evolution Plus Investor |
| Min. Subsequent Purchase: | $1,000 |
| Min. Subsequent IRA Purchase: | $ 0 |
