Redwood Managed Volatility Fund (RWDIX)

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The chart shows the growth of an initial investment of $10,000 in Redwood Managed Volatility Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Redwood Managed Volatility Fund (RWDIX) has returned -1.05% so far this year and 2.84% over the past 12 months. Over the last ten years, RWDIX has returned 2.03% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2014, RWDIX's average daily return is +0.01%, while the average monthly return is +0.15%. At this rate, your investment would double in approximately 38.5 years.

Historically, 59% of months were positive and 41% were negative. The best month was Jan 2023 with a return of +3.9%, while the worst month was Jun 2022 at -7.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 9 months.

On a daily basis, RWDIX closed higher 42% of trading days. The best single day was Dec 27, 2024 with a return of +2.7%, while the worst single day was Jun 13, 2022 at -3.5%.

Redwood Managed Volatility Fund has an annualized alpha of 0.76%, beta of 0.08, and R² of 0.12 versus S&P 500 Index. Calculated based on daily prices since January 03, 2014.

• This fund participated in 31.76% of S&P 500 Index downside but only 19.46% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.08 may look defensive, but with R² of 0.12 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.12 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

RWDIX has a high expense ratio of 1.56%, indicating above-average management fees.

RWDIX ranks 48 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Redwood Managed Volatility Fund (RWDIX) and compare them to a chosen benchmark (S&P 500 Index).

Redwood Managed Volatility Fund provided a 5.09% dividend yield over the last twelve months, with an annual payout of $0.55 per share.

The table displays the monthly dividend distributions for Redwood Managed Volatility Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Redwood Managed Volatility Fund. 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 Redwood Managed Volatility Fund was 16.69%, occurring on Nov 9, 2023. The portfolio has not yet recovered.

The current Redwood Managed Volatility Fund drawdown is 2.79%.

The chart below shows the rolling one-month volatility.