BWDTX vs. RCTIX
Compare and contrast key facts about Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) and River Canyon Total Return Bond Fund (RCTIX).
BWDTX is managed by Boyd Watterson. It was launched on Jul 28, 2016. 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: BWDTX or RCTIX.
Key characteristics
| BWDTX | RCTIX | |
|---|---|---|
| YTD Return | 6.30% | 7.19% |
| 1Y Return | 10.93% | 12.25% |
| 3Y Return (Ann) | 4.33% | 4.06% |
| 5Y Return (Ann) | 4.06% | 4.67% |
| Sharpe Ratio | 6.30 | 4.25 |
| Sortino Ratio | 11.67 | 7.08 |
| Omega Ratio | 2.91 | 1.97 |
| Calmar Ratio | 12.12 | 11.99 |
| Martin Ratio | 65.23 | 40.48 |
| Ulcer Index | 0.17% | 0.29% |
| Daily Std Dev | 1.72% | 2.80% |
| Max Drawdown | -10.06% | -10.89% |
| Current Drawdown | -0.20% | -0.54% |
Correlation
The correlation between BWDTX and RCTIX is 0.35, 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
BWDTX vs. RCTIX - Performance Comparison
In the year-to-date period, BWDTX achieves a 6.30% return, which is significantly lower than RCTIX's 7.19% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BWDTX vs. RCTIX - Expense Ratio Comparison
BWDTX has a 0.40% expense ratio, which is lower than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
BWDTX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) 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
BWDTX vs. RCTIX - Dividend Comparison
BWDTX's dividend yield for the trailing twelve months is around 5.60%, less than RCTIX's 7.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWDTX Boyd Watterson Limited Duration Enhanced Income Fund | 5.60% | 5.51% | 3.77% | 2.97% | 3.18% | 3.47% | 4.17% | 2.90% | 1.35% | 0.00% |
RCTIX River Canyon Total Return Bond Fund | 7.85% | 8.51% | 5.98% | 3.02% | 5.96% | 4.97% | 3.30% | 4.89% | 3.56% | 5.74% |
Drawdowns
BWDTX vs. RCTIX - Drawdown Comparison
The maximum BWDTX drawdown since its inception was -10.06%, smaller than the maximum RCTIX drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for BWDTX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
BWDTX vs. RCTIX - Volatility Comparison
The current volatility for Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) is 0.37%, while River Canyon Total Return Bond Fund (RCTIX) has a volatility of 0.73%. This indicates that BWDTX 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.