- ISIN
- US90214Q8814
- Issuer
- Redwood
- Inception Date
- Nov 1, 2017
- Category
- Systematic Trend
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
RWSIX Performance Chart
Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) is up 7.6% since the beginning of the year. RWSIX is currently trading at $17 per share. Investors who bought $1,000 worth of RWSIX shares 5 years ago would now be looking at an investment worth $1,108.
Loading charts...
Returns By Period
Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) has returned 7.58% so far this year and 14.78% over the past 12 months.
Redwood Systematic Macro Trend ("SMarT") Fund
- 1D
- -0.41%
- 1M
- -1.33%
- YTD
- 7.58%
- 6M
- 7.31%
- 1Y
- 14.78%
- 3Y*
- 2.78%
- 5Y*
- 2.07%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
RWSIX Monthly Returns History
Based on dividend-adjusted daily data since Oct 26, 2017, RWSIX's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +13.1%, while the worst month was Dec 2024 at -14.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, RWSIX closed higher 48% of trading days. The best single day was Nov 11, 2022 with a return of +7.0%, while the worst single day was Dec 30, 2024 at -9.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.04% | 2.98% | -6.19% | 6.60% | 2.71% | -2.24% | 7.58% | ||||||
| 2025 | 1.83% | -1.97% | -3.01% | -8.40% | 2.46% | 2.27% | -1.08% | 4.75% | 0.80% | -1.15% | 0.86% | 0.84% | -2.43% |
| 2024 | -0.70% | 2.01% | 3.82% | -3.62% | 4.51% | 0.61% | 1.98% | 0.54% | 1.55% | -1.21% | 6.15% | -14.60% | -0.64% |
| 2023 | 8.39% | -3.47% | 0.22% | 0.11% | -3.47% | 5.76% | 3.35% | -2.56% | -4.50% | -2.92% | 3.18% | 5.50% | 8.92% |
| 2022 | -5.25% | -3.66% | -0.92% | -0.58% | 0.12% | -1.69% | 3.14% | -0.40% | -1.21% | 3.31% | 6.11% | -4.62% | -6.10% |
| 2021 | 0.75% | 3.72% | 3.86% | 3.61% | 1.13% | 0.91% | -0.10% | 1.71% | -2.85% | 2.34% | -2.04% | 4.24% | 18.37% |
Benchmark Metrics
Redwood Systematic Macro Trend ("SMarT") Fund has an annualized alpha of 0.67%, beta of 0.37, and R2 of 0.33 versus S&P 500 Index. Calculated based on daily prices since October 26, 2017.
- This fund participated in 73.27% of S&P 500 Index downside but only 51.43% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.37 may look defensive, but with R2 of 0.33 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 0.33 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.67%
- Beta
- 0.37
- R²
- 0.33
- Upside Capture
- 51.43%
- Downside Capture
- 73.27%
Expense Ratio
RWSIX has a high expense ratio of 1.30%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RWSIX ranks 28 for risk / return — below 28% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RWSIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.32 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 2.46 | -0.62 |
| Martin ratioReturn relative to average drawdown | 6.61 | 10.92 | -4.31 |
Dividends
Dividend History
Redwood Systematic Macro Trend ("SMarT") Fund provided a 4.19% dividend yield over the last twelve months, with an annual payout of $0.71 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.71 | $0.71 | $0.00 | $1.77 | $0.59 | $1.49 | $1.35 | $0.47 | $0.36 | $0.10 |
Dividend yield | 4.19% | 4.51% | 0.00% | 10.35% | 3.41% | 7.81% | 7.78% | 3.05% | 2.51% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.71 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.77 | $1.77 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.00 | $0.11 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.47 | $1.49 |
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.
Loading charts...
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 24.90%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current Redwood Systematic Macro Trend ("SMarT") Fund drawdown is 10.45%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -24.90%Apr 2025 | 4mo 13d | — | 1y 7moNov 2024 - now |
COVID crash2020 | -13.10%Mar 2020 | 1mo 4d | 2mo 16d | 3mo 20dFeb 2020 - Jun 2020 |
Bear market2022 | -12.81%Jul 2022 | 6mo 22d | 6mo 4d | 1y 21dJan 2022 - Jan 2023 |
2023 correction2023 | -11.79%Nov 2023 | 9mo 9d | 3mo 29d | 1y 1moFeb 2023 - Mar 2024 |
2019 correction2019 | -10.87%May 2019 | 1y 7mo | 6mo 23d | 2y 1moNov 2017 - Dec 2019 |
Drawdown Indicators
| RWSIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.90% | -56.78% | +31.88% |
Max Drawdown (1Y)Largest decline over 1 year | -8.37% | -9.10% | +0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -24.90% | -18.90% | -6.00% |
Max Drawdown (5Y)Largest decline over 5 years | -24.90% | -25.43% | +0.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -10.45% | -3.21% | -7.24% |
Average DrawdownAverage peak-to-trough decline | -6.83% | -10.71% | +3.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.04% | +0.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with RWSIX
Add Redwood Systematic Macro Trend ("SMarT") Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with RWSIX