Redwood Managed Volatility Fund (RWDIX)
The fund uses a trend-following strategy that seeks to identify the critical turning points in the markets for high yield bonds and bank loans. The fund's adviser uses a quantitatively driven process that seeks to invest in diversified high yield bond, bank loan, and other fixed income exposure with similar characteristics when the high yield bond and bank loan markets are trending upwards, and short-term fixed income securities when the high yield bond and bank loan markets are trending downwards.
Fund Info
US90213U7191
Dec 18, 2013
$2,500
Expense Ratio
RWDIX has a high expense ratio of 1.56%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
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.
Returns By Period
Redwood Managed Volatility Fund had a return of 1.16% year-to-date (YTD) and 7.86% in the last 12 months. Over the past 10 years, Redwood Managed Volatility Fund had an annualized return of 1.49%, while the S&P 500 had an annualized return of 11.31%, indicating that Redwood Managed Volatility Fund did not perform as well as the benchmark.
RWDIX
1.16%
0.53%
2.61%
7.86%
-0.99%
1.49%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RWDIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.98% | 1.16% | |||||||||||
| 2024 | 0.09% | 0.27% | 1.17% | -0.81% | 1.18% | 0.53% | 1.62% | 1.33% | 1.31% | -0.61% | 1.13% | -0.75% | 6.63% |
| 2023 | 3.87% | -2.92% | 0.65% | -0.50% | -1.34% | -0.21% | 1.20% | -0.17% | -1.88% | -2.71% | 2.16% | 3.16% | 1.05% |
| 2022 | -2.68% | -0.15% | -1.22% | -0.46% | 0.78% | -7.18% | 2.75% | -3.89% | -1.21% | -0.09% | 3.43% | -1.41% | -11.17% |
| 2021 | 0.07% | 0.07% | -0.49% | 0.78% | -0.00% | 1.08% | 0.07% | -0.21% | -0.33% | -0.49% | -1.12% | 1.12% | 0.52% |
| 2020 | -0.52% | -2.50% | -2.43% | -3.18% | 1.28% | 0.19% | 2.96% | 0.07% | -0.81% | 0.21% | 1.51% | 1.45% | -1.93% |
| 2019 | 1.37% | 1.02% | 0.83% | 1.35% | -2.35% | 3.57% | -0.11% | -0.01% | 0.46% | 0.50% | 0.69% | 1.47% | 9.04% |
| 2018 | 0.00% | -0.91% | -0.59% | 0.32% | -0.20% | 0.09% | 0.87% | 0.34% | 0.36% | -1.34% | -1.57% | 0.04% | -2.60% |
| 2017 | 1.13% | 1.51% | -0.22% | 1.04% | 1.16% | -0.10% | 1.13% | 0.19% | 0.62% | 0.18% | -0.29% | 0.75% | 7.32% |
| 2016 | -0.33% | -0.07% | 3.73% | 3.26% | 0.81% | 1.01% | 2.73% | 2.01% | 0.40% | -0.30% | -0.98% | 0.44% | 13.35% |
| 2015 | 0.31% | 0.88% | -1.58% | 0.27% | 0.14% | -1.43% | -0.05% | -0.14% | -0.14% | -0.07% | -2.30% | -1.46% | -5.48% |
| 2014 | 0.47% | 1.99% | 0.23% | 0.37% | 0.97% | 0.97% | -0.48% | 1.30% | -2.44% | 0.39% | -0.40% | -1.19% | 2.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 85, RWDIX is among the top 15% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Redwood Managed Volatility Fund (RWDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Redwood Managed Volatility Fund provided a 5.75% dividend yield over the last twelve months, with an annual payout of $0.65 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.65 | $0.65 | $0.85 | $0.06 | $0.86 | $0.77 | $0.55 | $0.38 | $0.85 | $0.77 | $0.17 | $0.36 |
Dividend yield | 5.75% | 5.81% | 7.61% | 0.47% | 6.36% | 5.42% | 3.59% | 2.60% | 5.53% | 5.14% | 1.18% | 2.42% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.65 |
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.57 | $0.85 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.82 | $0.86 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.77 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.04 | $0.05 | $0.06 | $0.06 | $0.05 | $0.04 | $0.05 | $0.04 | $0.12 | $0.55 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.01 | $0.03 | $0.03 | $0.06 | $0.04 | $0.06 | $0.05 | $0.02 | $0.08 | $0.38 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.70 | $0.85 |
| 2016 | $0.03 | $0.00 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.02 | $0.01 | $0.50 | $0.77 |
| 2015 | $0.01 | $0.01 | $0.02 | $0.00 | $0.02 | $0.03 | $0.01 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.17 |
| 2014 | $0.05 | $0.06 | $0.05 | $0.07 | $0.05 | $0.00 | $0.03 | $0.00 | $0.04 | $0.03 | $0.36 |
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 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 16.68%, occurring on Nov 9, 2023. The portfolio has not yet recovered.
The current Redwood Managed Volatility Fund drawdown is 5.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.68% | Feb 14, 2020 | 942 | Nov 9, 2023 | — | — | — |
| -9.46% | Sep 2, 2014 | 365 | Feb 11, 2016 | 102 | Jul 8, 2016 | 467 |
| -3.62% | Jan 9, 2018 | 255 | Jan 14, 2019 | 53 | Apr 1, 2019 | 308 |
| -2.48% | May 6, 2019 | 20 | Jun 3, 2019 | 11 | Jun 18, 2019 | 31 |
| -2.45% | Oct 25, 2016 | 15 | Nov 14, 2016 | 56 | Feb 6, 2017 | 71 |
Volatility
Volatility Chart
The current Redwood Managed Volatility Fund volatility is 0.59%, 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.