CPITX vs. RCTIX
Compare and contrast key facts about Counterpoint Tactical Income Fund (CPITX) and River Canyon Total Return Bond Fund (RCTIX).
CPITX is managed by Counterpoint Mutual Funds. It was launched on Dec 3, 2014. 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: CPITX or RCTIX.
Performance
CPITX vs. RCTIX - Performance Comparison
Returns By Period
In the year-to-date period, CPITX achieves a 6.65% return, which is significantly lower than RCTIX's 7.00% return.
CPITX
6.65%
0.84%
4.35%
9.82%
5.37%
N/A
RCTIX
7.00%
0.22%
4.43%
10.27%
3.62%
N/A
Key characteristics
| CPITX | RCTIX | |
|---|---|---|
| Sharpe Ratio | 4.80 | 3.93 |
| Sortino Ratio | 7.61 | 6.34 |
| Omega Ratio | 2.27 | 1.90 |
| Calmar Ratio | 10.09 | 9.24 |
| Martin Ratio | 44.62 | 26.16 |
| Ulcer Index | 0.22% | 0.39% |
| Daily Std Dev | 2.05% | 2.61% |
| Max Drawdown | -5.18% | -10.89% |
| Current Drawdown | -0.09% | -0.72% |
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CPITX vs. RCTIX - Expense Ratio Comparison
CPITX has a 1.46% expense ratio, which is higher than RCTIX's 0.89% expense ratio.
Correlation
The correlation between CPITX and RCTIX is 0.21, 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.
Risk-Adjusted Performance
CPITX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Counterpoint Tactical Income Fund (CPITX) 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
CPITX vs. RCTIX - Dividend Comparison
CPITX's dividend yield for the trailing twelve months is around 5.82%, less than RCTIX's 7.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPITX Counterpoint Tactical Income Fund | 5.82% | 5.81% | 2.64% | 3.95% | 2.26% | 3.68% | 2.14% | 4.59% | 3.24% | 1.39% |
RCTIX River Canyon Total Return Bond Fund | 7.83% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% |
Drawdowns
CPITX vs. RCTIX - Drawdown Comparison
The maximum CPITX drawdown since its inception was -5.18%, smaller than the maximum RCTIX drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for CPITX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
CPITX vs. RCTIX - Volatility Comparison
Counterpoint Tactical Income Fund (CPITX) and River Canyon Total Return Bond Fund (RCTIX) have volatilities of 0.54% and 0.54%, 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.