Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX)
Utilizing a quantitative and tactical approach, the fund implements an investment strategy that seeks to hold a diversified portfolio of securities, ETFs, open-end investment companies and/or closed-end investment companies within any of the following asset classes when, in the view of the Adviser, various risk measurements show the potential to produce positive returns: domestic and international small-cap equities; growth and income equities; preferred securities; convertible bonds; high yield bonds and leveraged loans; emerging market bonds; and REITs.
Fund Info
US90214Q8814
Nov 1, 2017
$2,500
Expense Ratio
RWSIX has a high expense ratio of 1.30%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Redwood Systematic Macro Trend ("SMarT") 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 Systematic Macro Trend ("SMarT") Fund had a return of 2.12% year-to-date (YTD) and 5.46% in the last 12 months.
RWSIX
2.12%
0.46%
-1.73%
5.46%
6.63%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RWSIX, 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 | 1.83% | 2.12% | |||||||||||
| 2024 | -0.70% | 2.01% | 3.82% | -3.62% | 4.51% | 0.61% | 1.98% | 0.54% | 1.55% | -1.21% | 6.15% | -11.14% | 3.39% |
| 2023 | 8.39% | -3.47% | 0.22% | 0.11% | -3.47% | 5.76% | 3.35% | -2.56% | -4.50% | -2.92% | 3.18% | 0.27% | 3.51% |
| 2022 | -5.25% | -3.66% | -0.92% | -0.58% | 0.12% | -1.69% | 3.14% | -0.40% | -1.21% | 0.47% | 6.11% | -4.62% | -8.68% |
| 2021 | 0.75% | 3.72% | 3.86% | 3.61% | 1.13% | 0.91% | -0.10% | 1.71% | -2.85% | 2.34% | -2.04% | 0.65% | 14.30% |
| 2020 | -1.24% | -6.69% | 0.43% | 6.08% | 2.73% | 0.52% | 2.32% | 4.10% | -2.89% | -1.16% | 13.05% | 4.47% | 22.40% |
| 2019 | 0.08% | 0.98% | 0.39% | 1.88% | -4.61% | 4.64% | 0.59% | -1.87% | 2.19% | 1.36% | 2.45% | 2.88% | 11.18% |
| 2018 | 2.32% | -2.57% | -0.30% | 0.09% | 1.72% | 0.51% | 1.15% | 1.20% | -0.95% | -5.30% | -1.31% | -0.43% | -4.02% |
| 2017 | 1.07% | 0.03% | 1.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RWSIX is 19, meaning it’s performing worse than 81% of other 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 Systematic Macro Trend ("SMarT") Fund (RWSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Redwood Systematic Macro Trend ("SMarT") Fund provided a 4.23% dividend yield over the last twelve months, with an annual payout of $0.73 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.73 | $0.73 | $0.87 | $0.11 | $0.81 | $1.35 | $0.47 | $0.29 | $0.10 |
Dividend yield | 4.23% | 4.32% | 5.11% | 0.62% | 4.24% | 7.78% | 3.05% | 2.02% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Redwood Systematic Macro Trend ("SMarT") 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.87 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.79 | $0.81 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.01 | $0.01 | $1.30 | $1.35 |
| 2019 | $0.01 | $0.01 | $0.04 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.04 | $0.01 | $0.02 | $0.23 | $0.47 |
| 2018 | $0.00 | $0.01 | $0.04 | $0.02 | $0.03 | $0.04 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.01 | $0.29 |
| 2017 | $0.10 | $0.10 |
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 Systematic Macro Trend ("SMarT") 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 Systematic Macro Trend ("SMarT") Fund was 15.62%, occurring on Nov 3, 2022. Recovery took 424 trading sessions.
The current Redwood Systematic Macro Trend ("SMarT") Fund drawdown is 9.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.62% | Dec 29, 2021 | 215 | Nov 3, 2022 | 424 | Jul 16, 2024 | 639 |
| -13.1% | Feb 13, 2020 | 24 | Mar 18, 2020 | 52 | Jun 2, 2020 | 76 |
| -12.54% | Nov 26, 2024 | 30 | Jan 10, 2025 | — | — | — |
| -9.38% | Aug 30, 2018 | 188 | May 31, 2019 | 136 | Dec 12, 2019 | 324 |
| -9.15% | Jun 9, 2020 | 14 | Jun 26, 2020 | 47 | Sep 2, 2020 | 61 |
Volatility
Volatility Chart
The current Redwood Systematic Macro Trend ("SMarT") Fund volatility is 2.81%, 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.