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CEFS vs. RNP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CEFS and RNP is 0.42, 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.


-0.50.00.51.00.4

Performance

CEFS vs. RNP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Saba Closed-End Funds ETF (CEFS) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%130.00%JulyAugustSeptemberOctoberNovemberDecember
121.26%
102.68%
CEFS
RNP

Key characteristics

Sharpe Ratio

CEFS:

2.37

RNP:

0.81

Sortino Ratio

CEFS:

3.19

RNP:

1.20

Omega Ratio

CEFS:

1.41

RNP:

1.15

Calmar Ratio

CEFS:

4.25

RNP:

0.74

Martin Ratio

CEFS:

13.95

RNP:

3.77

Ulcer Index

CEFS:

1.81%

RNP:

3.79%

Daily Std Dev

CEFS:

10.66%

RNP:

17.64%

Max Drawdown

CEFS:

-38.99%

RNP:

-87.10%

Current Drawdown

CEFS:

-3.85%

RNP:

-11.98%

Returns By Period

In the year-to-date period, CEFS achieves a 23.19% return, which is significantly higher than RNP's 12.24% return.


CEFS

YTD

23.19%

1M

-0.74%

6M

7.51%

1Y

24.50%

5Y*

11.23%

10Y*

N/A

RNP

YTD

12.24%

1M

-6.69%

6M

8.33%

1Y

14.57%

5Y*

6.17%

10Y*

9.31%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

CEFS vs. RNP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Saba Closed-End Funds ETF (CEFS) and Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP). 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.


Sharpe ratio
The chart of Sharpe ratio for CEFS, currently valued at 2.37, compared to the broader market0.002.004.002.370.81
The chart of Sortino ratio for CEFS, currently valued at 3.19, compared to the broader market-2.000.002.004.006.008.0010.003.191.20
The chart of Omega ratio for CEFS, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.15
The chart of Calmar ratio for CEFS, currently valued at 4.25, compared to the broader market0.005.0010.0015.004.250.74
The chart of Martin ratio for CEFS, currently valued at 13.95, compared to the broader market0.0020.0040.0060.0080.00100.0013.953.77
CEFS
RNP

The current CEFS Sharpe Ratio is 2.37, which is higher than the RNP Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of CEFS and RNP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.37
0.81
CEFS
RNP

Dividends

CEFS vs. RNP - Dividend Comparison

CEFS's dividend yield for the trailing twelve months is around 7.09%, less than RNP's 7.78% yield.


TTM20232022202120202019201820172016201520142013
CEFS
Saba Closed-End Funds ETF
7.09%9.20%11.32%10.73%8.61%7.56%9.84%6.28%0.00%0.00%0.00%0.00%
RNP
Cohen & Steers REIT and Preferred Income Fund, Inc.
7.78%8.10%13.26%5.20%6.52%6.25%8.36%7.00%7.75%8.03%6.79%7.64%

Drawdowns

CEFS vs. RNP - Drawdown Comparison

The maximum CEFS drawdown since its inception was -38.99%, smaller than the maximum RNP drawdown of -87.10%. Use the drawdown chart below to compare losses from any high point for CEFS and RNP. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.85%
-11.98%
CEFS
RNP

Volatility

CEFS vs. RNP - Volatility Comparison

The current volatility for Saba Closed-End Funds ETF (CEFS) is 2.66%, while Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) has a volatility of 5.29%. This indicates that CEFS experiences smaller price fluctuations and is considered to be less risky than RNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
2.66%
5.29%
CEFS
RNP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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