RSIIX Alternatives & Similar Mutual Funds

RiverPark Strategic Income Fund (RSIIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RSIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RSIIX

RSIIX charges 1.18% annually. There are 157 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	RSIIX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	RSIIX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	RSIIX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	RSIIX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	RSIIX vs CRDOX

Best Risk-Adjusted Alternatives to RSIIX

RSIIX has a PortfoliosLab risk / return rank of 65. There are 76 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	RSIIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	100	—	Jun 2019	RSIIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	99	—	Sep 2010	RSIIX vs RPHIX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	RSIIX vs PSHNX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	RSIIX vs CWFIX

Top Performing RSIIX Alternatives (YTD)

RSIIX is at 2.20% YTD. There are 34 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	10.56%	—	Dec 2014	RSIIX vs XILSX
FOCIX	Fairholme Focused Income Fund	10.04%	—	Dec 2009	RSIIX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	5.94%	—	Nov 1977	RSIIX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	5.45%	—	Oct 2018	RSIIX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	5.40%	—	Jul 1995	RSIIX vs FAHCX

Lowest Volatility Alternatives to RSIIX

RSIIX has 3.12% 1-year volatility. There are 81 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	0.85%	—	Jun 2019	RSIIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.86%	—	Sep 2010	RSIIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	RSIIX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.69%	—	Oct 2012	RSIIX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.77%	—	Aug 2002	RSIIX vs OSTIX

Lowest Drawdown Alternatives to RSIIX

RSIIX has a 1-year max drawdown of -1.79%. There are 32 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XILSX	Pioneer ILS Interval Fund	-0.10%	—	Dec 2014	RSIIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	-0.19%	—	Jun 2019	RSIIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	-0.21%	—	Sep 2010	RSIIX vs RPHIX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	RSIIX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	RSIIX vs SCFIX

Other Mutual Funds from RiverPark Funds

The 4 most viewed RiverPark Funds mutual funds shown here include RPXIX, RCRIX, RLSIX and span 3 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RPXIX	RiverPark Large Growth Fund	Large Cap Growth Equities	9	1.44%	—	Sep 2010	RSIIX vs RPXIX
RCRIX	RiverPark Floating Rate CMBS Fund	Bank Loan	99	2.20%	—	Sep 2016	RSIIX vs RCRIX
RLSIX	RiverPark Long/Short Opportunity Fund	Long-Short	5	-2.26%	—	Mar 2012	RSIIX vs RLSIX
RWGIX	Wedgewood Fund	Large Cap Growth Equities	10	4.48%	—	Sep 2010	RSIIX vs RWGIX

Often Compared With RSIIX

Investors most often compare RSIIX with CBLDX, PRWCX, RCTIX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CBLDX	CrossingBridge Low Duration High Yield Fund	Multisector Bonds	95	1.66%	—	Jan 2018	RSIIX vs CBLDX
PRWCX	T. Rowe Price Capital Appreciation Fund	Diversified Portfolio	40	6.66%	—	Jun 1986	RSIIX vs PRWCX
RCTIX	River Canyon Total Return Bond Fund	Short-Term Bond	82	1.44%	—	Dec 2014	RSIIX vs RCTIX
PMFYX	Pioneer Multi-Asset Income Fund	Global Allocation	93	7.86%	—	Dec 2011	RSIIX vs PMFYX
QQQ	Invesco QQQ ETF	Nasdaq-100	58	14.23%	452.80B	Mar 1999	RSIIX vs QQQ
FGUMX	Fidelity Advisor High Income Fund Class Z	High Yield Bonds	87	2.59%	—	Dec 2018	RSIIX vs FGUMX
CIK	Credit Suisse Asset Management Income Fund	High Yield Bonds	1	-8.86%	—	Feb 1987	RSIIX vs CIK
NPHIX	American Century High Income Fund	High Yield Bonds	54	0.93%	—	Dec 2012	RSIIX vs NPHIX
PHYQX	PGIM High Yield Fund Class R6	High Yield Bonds	44	1.16%	—	Oct 2011	RSIIX vs PHYQX
BJBHX	abrdn Global High Income Fund	High Yield Bonds	50	1.69%	—	Dec 2002	RSIIX vs BJBHX
SSTHX	Allspring Short-Term High Yield Bond Fund	High Yield Bonds	88	1.46%	—	Feb 2000	RSIIX vs SSTHX
FAHEX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	55	4.89%	—	Nov 1997	RSIIX vs FAHEX
HIO	Western Asset High Income Opportunity Fund Inc	High Yield Bonds	4	1.83%	—	Jan 2009	RSIIX vs HIO
HWHIX	Hotchkis & Wiley High Yield Fund	High Yield Bonds	36	1.32%	—	Mar 2009	RSIIX vs HWHIX
GHY	PGIM Global High Yield Fund	High Yield Bonds	3	-0.52%	—	Dec 2012	RSIIX vs GHY
JGH	Nuveen Global High Income Fund	High Yield Bonds	11	5.36%	—	Nov 2014	RSIIX vs JGH
PRHYX	T. Rowe Price High Yield Fund	High Yield Bonds	58	1.10%	—	Dec 1984	RSIIX vs PRHYX
BCAAX	BrandywineGLOBAL - Corporate Credit Fund	High Yield Bonds	25	-0.16%	—	Sep 2002	RSIIX vs BCAAX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	63	5.25%	—	Jan 1987	RSIIX vs FAHYX
BSL	Blackstone Senior Floating Rate 2027 Term Fund	High Yield Bonds	3	0.40%	—	May 2010	RSIIX vs BSL

Compare RSIIX with Any Fund or Stock

Compare RSIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair RSIIX with funds that move differently

RiverPark Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RSIIX.

Explore RSIIX Diversifiers

RiverPark Strategic Income Fund (RSIIX) Alternatives