ABRYX vs. RIV
Compare and contrast key facts about Invesco Balanced-Risk Allocation Fund (ABRYX) and RiverNorth Opportunities Fund (RIV).
ABRYX is managed by Invesco. It was launched on Jun 1, 2009. RIV is managed by RiverNorth.
Performance
ABRYX vs. RIV - Performance Comparison
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ABRYX vs. RIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABRYX Invesco Balanced-Risk Allocation Fund | 12.72% | 8.50% | 3.34% | 6.34% | -14.82% | 9.65% | 9.50% | 9.76% | -6.73% | 9.97% |
RIV RiverNorth Opportunities Fund | -0.65% | 19.69% | 18.72% | 2.57% | -11.30% | 12.94% | 14.09% | 15.24% | -7.67% | 17.17% |
Returns By Period
In the year-to-date period, ABRYX achieves a 12.72% return, which is significantly higher than RIV's -0.65% return. Over the past 10 years, ABRYX has underperformed RIV with an annualized return of 5.02%, while RIV has yielded a comparatively higher 9.09% annualized return.
ABRYX
- 1D
- 0.85%
- 1M
- -0.42%
- YTD
- 12.72%
- 6M
- 14.73%
- 1Y
- 19.62%
- 3Y*
- 9.37%
- 5Y*
- 4.31%
- 10Y*
- 5.02%
RIV
- 1D
- 1.62%
- 1M
- -4.98%
- YTD
- -0.65%
- 6M
- 0.93%
- 1Y
- 11.21%
- 3Y*
- 14.86%
- 5Y*
- 5.28%
- 10Y*
- 9.09%
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ABRYX vs. RIV - Expense Ratio Comparison
ABRYX has a 1.06% expense ratio, which is lower than RIV's 2.07% expense ratio.
Return for Risk
ABRYX vs. RIV — Risk / Return Rank
ABRYX
RIV
ABRYX vs. RIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Balanced-Risk Allocation Fund (ABRYX) and RiverNorth Opportunities Fund (RIV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ABRYX | RIV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.21 | 0.80 | +1.41 |
Sortino ratioReturn per unit of downside risk | 2.84 | 1.12 | +1.72 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.18 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 2.85 | 0.97 | +1.88 |
Martin ratioReturn relative to average drawdown | 11.27 | 3.83 | +7.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABRYX | RIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | 0.80 | +1.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.32 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.45 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.40 | +0.22 |
Correlation
The correlation between ABRYX and RIV is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ABRYX vs. RIV - Dividend Comparison
ABRYX's dividend yield for the trailing twelve months is around 3.15%, less than RIV's 13.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABRYX Invesco Balanced-Risk Allocation Fund | 3.15% | 3.55% | 13.21% | 2.43% | 0.00% | 25.72% | 1.40% | 6.66% | 0.00% | 6.34% | 4.36% | 7.17% |
RIV RiverNorth Opportunities Fund | 13.50% | 12.80% | 13.46% | 13.95% | 16.61% | 14.31% | 13.42% | 12.34% | 15.51% | 10.14% | 13.01% | 0.00% |
Drawdowns
ABRYX vs. RIV - Drawdown Comparison
The maximum ABRYX drawdown since its inception was -26.63%, smaller than the maximum RIV drawdown of -42.99%. Use the drawdown chart below to compare losses from any high point for ABRYX and RIV.
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Drawdown Indicators
| ABRYX | RIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.63% | -42.99% | +16.36% |
Max Drawdown (1Y)Largest decline over 1 year | -6.93% | -12.66% | +5.73% |
Max Drawdown (5Y)Largest decline over 5 years | -19.17% | -29.13% | +9.96% |
Max Drawdown (10Y)Largest decline over 10 years | -26.63% | -42.99% | +16.36% |
Current DrawdownCurrent decline from peak | -1.56% | -5.38% | +3.82% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -7.47% | +2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 3.20% | -1.45% |
Volatility
ABRYX vs. RIV - Volatility Comparison
Invesco Balanced-Risk Allocation Fund (ABRYX) and RiverNorth Opportunities Fund (RIV) have volatilities of 4.10% and 4.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABRYX | RIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 4.22% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.58% | 7.17% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.38% | 14.13% | -4.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.13% | 16.81% | -4.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.88% | 20.28% | -9.40% |