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DCAIX vs. RBSIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DCAIX vs. RBSIX

Last updated Jun 23, 2026

DCAIX (Dunham Long/Short Credit Fund) and RBSIX (RBC BlueBay Strategic Income Fund) are both Nontraditional Bonds funds. Over the past 3 years, DCAIX returned 3.26%/yr vs 7.58%/yr for RBSIX. At a 0.13 correlation, their price movements are largely independent. DCAIX charges 1.98%/yr vs 0.63%/yr for RBSIX.

Performance

DCAIX vs. RBSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dunham Long/Short Credit Fund (DCAIX) and RBC BlueBay Strategic Income Fund (RBSIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DCAIX achieves a 1.12% return, which is significantly higher than RBSIX's 1.03% return.

DCAIX

1D
-0.12%
1M
0.13%
YTD
1.12%
6M
1.18%
1Y
2.44%
3Y*
3.26%
5Y*
1.05%
10Y*
3.62%

RBSIX

1D
0.00%
1M
0.07%
YTD
1.03%
6M
1.13%
1Y
5.32%
3Y*
7.58%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DCAIX vs. RBSIX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
DCAIX
Dunham Long/Short Credit Fund		1.12%2.47%3.78%0.60%-2.64%-0.10%
RBSIX
RBC BlueBay Strategic Income Fund		1.03%5.50%9.33%9.74%0.35%-0.21%

Correlation

The correlation between DCAIX and RBSIX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.07

Correlation (All Time)
Calculated using the full available price history since Nov 2, 2021

0.13

The correlation between DCAIX and RBSIX shifts across timeframes, from 0.07 (3 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.

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Dunham Long/Short Credit Fund

RBC BlueBay Strategic Income Fund

Often compared with DCAIX:
DCAIX vs. FXAIXDCAIX vs. PIMIXDCAIX vs. SUBFXDCAIX vs. PDINXDCAIX vs. APFPXDCAIX vs. EIGMXDCAIX vs. ACFIX
Often compared with RBSIX:
RBSIX vs. JSOSXRBSIX vs. SUBFXRBSIX vs. REEIXRBSIX vs. 0P0000706A.TORBSIX vs. RBESXRBSIX vs. PMOTXRBSIX vs. PUTIX

Return for Risk

DCAIX vs. RBSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DCAIX
DCAIX Risk / Return Rank: 9393
Overall Rank
DCAIX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
DCAIX Sortino Ratio Rank: 9191
Sortino Ratio Rank
DCAIX Omega Ratio Rank: 9797
Omega Ratio Rank
DCAIX Calmar Ratio Rank: 9797
Calmar Ratio Rank
DCAIX Martin Ratio Rank: 9696
Martin Ratio Rank
RBSIX
RBSIX Risk / Return Rank: 9191
Overall Rank
RBSIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
RBSIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
RBSIX Omega Ratio Rank: 9797
Omega Ratio Rank
RBSIX Calmar Ratio Rank: 8686
Calmar Ratio Rank
RBSIX Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DCAIX vs. RBSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dunham Long/Short Credit Fund (DCAIX) and RBC BlueBay Strategic Income Fund (RBSIX). 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.

DCAIXRBSIXDifference
Sharpe ratioReturn per unit of total volatility
2.55
3.53

-0.99

Sortino ratioReturn per unit of downside risk
4.19
5.78

-1.59

Omega ratioGain probability vs. loss probability

1.86

1.87

-0.01

Calmar ratioReturn relative to maximum drawdown

6.88

3.91

+2.97

Martin ratioReturn relative to average drawdown

21.14

13.22

+7.92

DCAIX vs. RBSIX - Sharpe Ratio Comparison

The current DCAIX Sharpe Ratio is 2.55, which is comparable to the RBSIX Sharpe Ratio of 3.53. The chart below compares the historical Sharpe Ratios of DCAIX and RBSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DCAIX vs. RBSIX - Drawdown Comparison

The maximum DCAIX drawdown since its inception was -46.34%, which is greater than RBSIX's maximum drawdown of -4.09%. Use the drawdown chart below to compare losses from any high point for DCAIX and RBSIX.

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Drawdown Indicators

DCAIXRBSIXDifference

Max Drawdown

Largest peak-to-trough decline

-46.34%

-4.09%

-42.25%

Max Drawdown (1Y)

Largest decline over 1 year

-0.37%

-1.37%

+1.00%

Max Drawdown (3Y)

Largest decline over 3 years

-0.85%

-4.09%

+3.24%

Max Drawdown (5Y)

Largest decline over 5 years

-5.45%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-6.53%

—

—

Current Drawdown

Current decline from peak

-0.12%

-0.22%

+0.10%

Average Drawdown

Average peak-to-trough decline

-5.96%

-0.77%

-5.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.12%

0.40%

-0.28%

Volatility

DCAIX vs. RBSIX - Volatility Comparison

Dunham Long/Short Credit Fund (DCAIX) and RBC BlueBay Strategic Income Fund (RBSIX) have volatilities of 0.35% and 0.36%, 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.

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Volatility by Period

DCAIXRBSIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.35%

0.36%

-0.01%

Volatility (6M)

Calculated over the trailing 6-month period

0.69%

1.09%

-0.40%

Volatility (1Y)

Calculated over the trailing 1-year period

1.01%

1.52%

-0.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.57%

3.52%

-1.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.94%

3.52%

+0.42%

DCAIX vs. RBSIX - Expense Ratio Comparison

DCAIX has a 1.98% expense ratio, which is higher than RBSIX's 0.63% expense ratio.

Dividends

DCAIX vs. RBSIX - Dividend Comparison

DCAIX's dividend yield for the trailing twelve months is around 3.64%, less than RBSIX's 5.84% yield.

PositionTTM20252024202320222021202020192018201720162015
DCAIX
Dunham Long/Short Credit Fund		3.64%3.79%3.72%4.04%2.63%2.25%2.39%2.27%1.31%1.33%2.28%5.72%
RBSIX
RBC BlueBay Strategic Income Fund		5.84%5.31%4.46%7.65%5.37%0.19%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

DCAIX and RBSIX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RBSIX has higher volatility (0.36%) compared to DCAIX (0.35%). In terms of maximum drawdown, DCAIX dropped -46.34% vs RBSIX's -4.09%.

RBSIX currently has the higher Sharpe Ratio (3.53 vs 2.55), 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.

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