BATAX vs. RCTIX
Compare and contrast key facts about BlackRock Allocation Target Shares Series A Portfolio (BATAX) and River Canyon Total Return Bond Fund (RCTIX).
BATAX is managed by Blackrock. It was launched on Sep 21, 2015. RCTIX is managed by River Canyon. It was launched on Dec 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BATAX or RCTIX.
Key characteristics
| BATAX | RCTIX | |
|---|---|---|
| YTD Return | 6.96% | 6.89% |
| 1Y Return | 9.56% | 11.05% |
| 3Y Return (Ann) | 3.20% | 4.07% |
| 5Y Return (Ann) | 3.22% | 3.64% |
| Sharpe Ratio | 4.04 | 4.12 |
| Sortino Ratio | 9.28 | 6.80 |
| Omega Ratio | 2.39 | 1.96 |
| Calmar Ratio | 15.21 | 10.05 |
| Martin Ratio | 39.30 | 31.28 |
| Ulcer Index | 0.24% | 0.36% |
| Daily Std Dev | 2.37% | 2.71% |
| Max Drawdown | -17.42% | -10.89% |
| Current Drawdown | -0.52% | -0.82% |
Correlation
The correlation between BATAX and RCTIX is 0.32, 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.
Performance
BATAX vs. RCTIX - Performance Comparison
The year-to-date returns for both stocks are quite close, with BATAX having a 6.96% return and RCTIX slightly lower at 6.89%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BATAX vs. RCTIX - Expense Ratio Comparison
BATAX has a 0.00% expense ratio, which is lower than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
BATAX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series A Portfolio (BATAX) and River Canyon Total Return Bond Fund (RCTIX). 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.
Dividends
BATAX vs. RCTIX - Dividend Comparison
BATAX's dividend yield for the trailing twelve months is around 5.85%, less than RCTIX's 7.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BATAX BlackRock Allocation Target Shares Series A Portfolio | 5.85% | 5.82% | 3.90% | 2.63% | 3.48% | 4.78% | 5.25% | 4.66% | 6.64% | 1.48% |
RCTIX River Canyon Total Return Bond Fund | 7.84% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% |
Drawdowns
BATAX vs. RCTIX - Drawdown Comparison
The maximum BATAX drawdown since its inception was -17.42%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for BATAX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
BATAX vs. RCTIX - Volatility Comparison
The current volatility for BlackRock Allocation Target Shares Series A Portfolio (BATAX) is 0.28%, while River Canyon Total Return Bond Fund (RCTIX) has a volatility of 0.63%. This indicates that BATAX experiences smaller price fluctuations and is considered to be less risky than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.