CSAIX vs. RWSIX
CSAIX (Credit Suisse Managed Futures Strategy Fund) and RWSIX (Redwood Systematic Macro Trend ("SMarT") Fund) are both Systematic Trend funds. Over the past 5 years, CSAIX returned 0.99%/yr vs 2.43%/yr for RWSIX. At a 0.08 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.
Performance
CSAIX vs. RWSIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSAIX achieves a 4.55% return, which is significantly lower than RWSIX's 8.02% return.
CSAIX
- 1D
- 0.74%
- 1M
- -1.81%
- YTD
- 4.55%
- 6M
- 4.82%
- 1Y
- 13.68%
- 3Y*
- -3.89%
- 5Y*
- 0.99%
- 10Y*
- 0.46%
RWSIX
- 1D
- 0.29%
- 1M
- -0.93%
- YTD
- 8.02%
- 6M
- 8.09%
- 1Y
- 15.77%
- 3Y*
- 2.17%
- 5Y*
- 2.43%
- 10Y*
- —
CSAIX vs. RWSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSAIX Credit Suisse Managed Futures Strategy Fund | 4.55% | -5.84% | -5.57% | -6.15% | 21.24% | 7.46% | 1.86% | -4.39% | -4.01% | 2.78% |
RWSIX Redwood Systematic Macro Trend ("SMarT") Fund | 8.02% | -2.43% | -0.64% | 8.92% | -6.10% | 18.37% | 22.40% | 11.18% | -3.55% | -6.27% |
Correlation
The correlation between CSAIX and RWSIX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2017 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSAIX vs. RWSIX — Risk / Return Rank
CSAIX
RWSIX
CSAIX vs. RWSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Managed Futures Strategy Fund (CSAIX) and Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSAIX | RWSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.85 | -0.15 |
| Martin ratioReturn relative to average drawdown | 4.56 | 6.67 | -2.11 |
Loading charts...
Drawdowns
CSAIX vs. RWSIX - Drawdown Comparison
The maximum CSAIX drawdown since its inception was -28.79%, which is greater than RWSIX's maximum drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for CSAIX and RWSIX.
Loading charts...
Drawdown Indicators
| CSAIX | RWSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.79% | -24.90% | -3.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.73% | -8.37% | +0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -22.02% | -24.90% | +2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -28.79% | -24.90% | -3.89% |
Max Drawdown (10Y)Largest decline over 10 years | -28.79% | — | — |
Current DrawdownCurrent decline from peak | -18.94% | -10.09% | -8.85% |
Average DrawdownAverage peak-to-trough decline | -9.57% | -6.82% | -2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 2.31% | +0.56% |
Volatility
CSAIX vs. RWSIX - Volatility Comparison
The current volatility for Credit Suisse Managed Futures Strategy Fund (CSAIX) is 2.87%, while Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) has a volatility of 3.86%. This indicates that CSAIX experiences smaller price fluctuations and is considered to be less risky than RWSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSAIX | RWSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 3.86% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 10.76% | 8.98% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.50% | 11.11% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.43% | 12.26% | -1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.10% | 12.31% | -2.21% |
CSAIX vs. RWSIX - Expense Ratio Comparison
Both CSAIX and RWSIX have an expense ratio of 1.30%.
Dividends
CSAIX vs. RWSIX - Dividend Comparison
CSAIX's dividend yield for the trailing twelve months is around 2.86%, less than RWSIX's 4.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSAIX Credit Suisse Managed Futures Strategy Fund | 2.86% | 2.27% | 2.95% | 0.52% | 18.80% | 8.84% | 0.00% | 1.74% | 0.00% | 0.00% | 2.64% | 8.69% |
RWSIX Redwood Systematic Macro Trend ("SMarT") Fund | 4.17% | 4.51% | 0.00% | 10.35% | 3.41% | 7.81% | 7.78% | 3.05% | 2.51% | 0.63% | 0.00% | 0.00% |
Frequently Asked Questions
CSAIX and RWSIX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RWSIX has higher volatility (3.86%) compared to CSAIX (2.87%). In terms of maximum drawdown, CSAIX dropped -28.79% vs RWSIX's -24.90%.
RWSIX currently has the higher Sharpe Ratio (1.39 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CSAIX and RWSIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer