CPITX vs. STBNX
Compare and contrast key facts about Counterpoint Tactical Income Fund (CPITX) and Sierra Tactical Bond Fund (STBNX).
CPITX is managed by Counterpoint Mutual Funds. It was launched on Dec 3, 2014. STBNX is managed by Sierra Mutual Funds. It was launched on Sep 30, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CPITX or STBNX.
Performance
CPITX vs. STBNX - Performance Comparison
Returns By Period
In the year-to-date period, CPITX achieves a 6.65% return, which is significantly higher than STBNX's 6.31% return.
CPITX
6.65%
0.84%
4.35%
9.82%
5.37%
N/A
STBNX
6.31%
0.79%
5.17%
10.61%
4.39%
N/A
Key characteristics
| CPITX | STBNX | |
|---|---|---|
| Sharpe Ratio | 4.80 | 2.99 |
| Sortino Ratio | 7.61 | 4.61 |
| Omega Ratio | 2.27 | 1.67 |
| Calmar Ratio | 10.09 | 2.18 |
| Martin Ratio | 44.62 | 22.31 |
| Ulcer Index | 0.22% | 0.48% |
| Daily Std Dev | 2.05% | 3.55% |
| Max Drawdown | -5.18% | -8.08% |
| Current Drawdown | -0.09% | -0.30% |
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CPITX vs. STBNX - Expense Ratio Comparison
CPITX has a 1.46% expense ratio, which is lower than STBNX's 1.63% expense ratio.
Correlation
The correlation between CPITX and STBNX is 0.64, 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.
Risk-Adjusted Performance
CPITX vs. STBNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Counterpoint Tactical Income Fund (CPITX) and Sierra Tactical Bond Fund (STBNX). 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. STBNX - Dividend Comparison
CPITX's dividend yield for the trailing twelve months is around 5.82%, more than STBNX's 4.77% 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% |
STBNX Sierra Tactical Bond Fund | 4.77% | 4.53% | 1.41% | 2.74% | 2.05% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CPITX vs. STBNX - Drawdown Comparison
The maximum CPITX drawdown since its inception was -5.18%, smaller than the maximum STBNX drawdown of -8.08%. Use the drawdown chart below to compare losses from any high point for CPITX and STBNX. For additional features, visit the drawdowns tool.
Volatility
CPITX vs. STBNX - Volatility Comparison
The current volatility for Counterpoint Tactical Income Fund (CPITX) is 0.54%, while Sierra Tactical Bond Fund (STBNX) has a volatility of 0.70%. This indicates that CPITX experiences smaller price fluctuations and is considered to be less risky than STBNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.