Rareview Dynamic Fixed Income ETF (RDFI)
RDFI is an actively managed ETF by Rareview Funds. RDFI launched on Oct 20, 2020 and has a 3.69% expense ratio.
ETF Info
| Issuer | Rareview Funds |
|---|---|
| Inception Date | Oct 20, 2020 |
| Region | Developed Markets (Broad) |
| Category | Multisector Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
RDFI has a high expense ratio of 3.69%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: RDFI vs. LQD, RDFI vs. JPST
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Rareview Dynamic Fixed Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Rareview Dynamic Fixed Income ETF had a return of 17.28% year-to-date (YTD) and 24.90% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 17.28% | 19.79% |
| 1 month | 3.32% | 2.08% |
| 6 months | 12.45% | 9.01% |
| 1 year | 24.90% | 29.79% |
| 5 years (annualized) | N/A | 13.85% |
| 10 years (annualized) | N/A | 11.12% |
Monthly Returns
The table below presents the monthly returns of RDFI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.75% | 0.81% | 2.39% | -3.45% | 2.04% | 3.14% | 3.80% | 3.10% | 17.28% | ||||
| 2023 | 7.16% | -4.16% | -0.45% | 0.13% | -1.17% | 2.05% | 2.38% | -2.50% | -3.97% | -3.02% | 9.02% | 3.76% | 8.57% |
| 2022 | -2.49% | -3.14% | -4.13% | -3.16% | -1.82% | -1.45% | 3.27% | -1.58% | -7.28% | -2.04% | 8.16% | -2.10% | -17.06% |
| 2021 | 0.72% | 3.27% | 2.79% | 1.68% | 1.95% | 1.93% | -0.52% | 1.50% | -1.19% | 0.68% | -1.35% | 0.52% | 12.52% |
| 2020 | -1.51% | 7.12% | 2.99% | 8.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of RDFI is 85, placing it in the top 15% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Rareview Dynamic Fixed Income ETF (RDFI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Rareview Dynamic Fixed Income ETF granted a 7.62% dividend yield in the last twelve months. The annual payout for that period amounted to $1.90 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $1.90 | $1.67 | $1.06 | $1.92 | $0.27 |
Dividend yield | 7.62% | 7.38% | 4.70% | 6.78% | 1.01% |
Monthly Dividends
The table displays the monthly dividend distributions for Rareview Dynamic Fixed Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | $0.18 | $0.16 | $1.45 | |||
| 2023 | $0.11 | $0.09 | $0.10 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.67 |
| 2022 | $0.00 | $0.16 | $0.10 | $0.09 | $0.10 | $0.08 | $0.07 | $0.11 | $0.09 | $0.10 | $0.08 | $0.09 | $1.06 |
| 2021 | $0.00 | $0.06 | $0.10 | $0.10 | $0.11 | $0.11 | $0.09 | $0.14 | $0.07 | $0.11 | $0.15 | $0.87 | $1.92 |
| 2020 | $0.27 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Rareview Dynamic Fixed Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Rareview Dynamic Fixed Income ETF was 23.71%, occurring on Oct 24, 2022. Recovery took 456 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.71% | Sep 14, 2021 | 281 | Oct 24, 2022 | 456 | Aug 19, 2024 | 737 |
| -2.28% | Jul 2, 2021 | 11 | Jul 19, 2021 | 16 | Aug 10, 2021 | 27 |
| -1.81% | Sep 4, 2024 | 3 | Sep 6, 2024 | 7 | Sep 17, 2024 | 10 |
| -1.7% | Feb 11, 2021 | 10 | Feb 25, 2021 | 1 | Feb 26, 2021 | 11 |
| -1.61% | Oct 22, 2020 | 5 | Oct 28, 2020 | 6 | Nov 5, 2020 | 11 |
Volatility
Volatility Chart
The current Rareview Dynamic Fixed Income ETF volatility is 3.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.