CCEF vs. RDFI
Compare and contrast key facts about Calamos CEF Income & Arbitrage ETF (CCEF) and Rareview Dynamic Fixed Income ETF (RDFI).
CCEF and RDFI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CCEF is an actively managed fund by Calamos. It was launched on Jan 16, 2024. RDFI is an actively managed fund by Rareview Funds. It was launched on Oct 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCEF or RDFI.
Correlation
The correlation between CCEF and RDFI is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CCEF vs. RDFI - Performance Comparison
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Key characteristics
CCEF:
0.90
RDFI:
1.25
CCEF:
1.30
RDFI:
1.85
CCEF:
1.22
RDFI:
1.30
CCEF:
0.99
RDFI:
1.03
CCEF:
4.37
RDFI:
4.31
CCEF:
3.02%
RDFI:
2.73%
CCEF:
13.62%
RDFI:
8.55%
CCEF:
-13.25%
RDFI:
-25.42%
CCEF:
-2.37%
RDFI:
-2.50%
Returns By Period
In the year-to-date period, CCEF achieves a 2.51% return, which is significantly higher than RDFI's 2.11% return.
CCEF
2.51%
6.23%
1.33%
12.15%
N/A
N/A
RDFI
2.11%
3.50%
1.39%
10.56%
N/A
N/A
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CCEF vs. RDFI - Expense Ratio Comparison
CCEF has a 2.74% expense ratio, which is lower than RDFI's 3.69% expense ratio.
Risk-Adjusted Performance
CCEF vs. RDFI — Risk-Adjusted Performance Rank
CCEF
RDFI
CCEF vs. RDFI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos CEF Income & Arbitrage ETF (CCEF) and Rareview Dynamic Fixed Income ETF (RDFI). 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.
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Dividends
CCEF vs. RDFI - Dividend Comparison
CCEF's dividend yield for the trailing twelve months is around 8.10%, less than RDFI's 8.43% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|---|
CCEF Calamos CEF Income & Arbitrage ETF | 8.10% | 6.55% | 0.00% | 0.00% | 0.00% | 0.00% |
RDFI Rareview Dynamic Fixed Income ETF | 8.43% | 8.14% | 7.36% | 4.70% | 4.51% | 1.01% |
Drawdowns
CCEF vs. RDFI - Drawdown Comparison
The maximum CCEF drawdown since its inception was -13.25%, smaller than the maximum RDFI drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for CCEF and RDFI. For additional features, visit the drawdowns tool.
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Volatility
CCEF vs. RDFI - Volatility Comparison
Calamos CEF Income & Arbitrage ETF (CCEF) has a higher volatility of 3.78% compared to Rareview Dynamic Fixed Income ETF (RDFI) at 1.57%. This indicates that CCEF's price experiences larger fluctuations and is considered to be riskier than RDFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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