EHI vs. RSF

Last updated Jun 23, 2026

EHI (Western Asset Global High Income Fund Inc) and RSF (RiverNorth Capital and Income Fund) are both High Yield Bonds funds. Over the past 5 years, EHI returned 0.58%/yr vs 6.84%/yr for RSF. At a 0.15 correlation, their price movements are largely independent. EHI charges 0.01%/yr vs 6.38%/yr for RSF.

Performance

EHI vs. RSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Western Asset Global High Income Fund Inc (EHI) and RiverNorth Capital and Income Fund (RSF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EHI achieves a -1.47% return, which is significantly lower than RSF's 7.54% return.

EHI

• 1D: -0.83%
• 1M: 0.42%
• YTD: -1.47%
• 6M: -0.85%
• 1Y: 4.80%
• 3Y*: 6.54%
• 5Y*: 0.58%
• 10Y*: 5.34%

RSF

• 1D: 0.14%
• 1M: 1.02%
• YTD: 7.54%
• 6M: 6.87%
• 1Y: 11.37%
• 3Y*: 9.89%
• 5Y*: 6.84%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EHI vs. RSF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EHI Western Asset Global High Income Fund Inc	-1.47%	9.15%	5.63%	19.22%	-25.22%	9.37%	8.81%	30.98%	-12.35%	13.07%
RSF RiverNorth Capital and Income Fund	7.54%	4.62%	9.26%	9.03%	-1.62%	27.59%	3.10%	-12.10%	-1.41%	5.37%

Correlation

The correlation between EHI and RSF is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Sep 22, 2016	0.15

The correlation between EHI and RSF shifts across timeframes, from 0.09 (1 year) to 0.20 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

EHI vs. RSF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EHI

EHI Risk / Return Rank: 7
EHI Sharpe Ratio Rank: 7
EHI Sortino Ratio Rank: 7
EHI Omega Ratio Rank: 7
EHI Calmar Ratio Rank: 6
EHI Martin Ratio Rank: 7

RSF

RSF Risk / Return Rank: 42
RSF Sharpe Ratio Rank: 28
RSF Sortino Ratio Rank: 31
RSF Omega Ratio Rank: 42
RSF Calmar Ratio Rank: 63
RSF Martin Ratio Rank: 44

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.

EHI vs. RSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Western Asset Global High Income Fund Inc (EHI) and RiverNorth Capital and Income Fund (RSF). 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.

	EHI	RSF	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.40	-0.85
Sortino ratio: Return per unit of downside risk	0.85	2.16	-1.31
Omega ratio: Gain probability vs. loss probability	1.11	1.32	-0.21
Calmar ratio: Return relative to maximum drawdown	0.53	2.92	-2.39
Martin ratio: Return relative to average drawdown	1.61	8.96	-7.35

EHI vs. RSF - Sharpe Ratio Comparison

The current EHI Sharpe Ratio is 0.55, which is lower than the RSF Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of EHI and RSF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EHI vs. RSF - Drawdown Comparison

The maximum EHI drawdown since its inception was -58.50%, which is greater than RSF's maximum drawdown of -30.61%. Use the drawdown chart below to compare losses from any high point for EHI and RSF.

Drawdown Indicators

	EHI	RSF	Difference
Max Drawdown Largest peak-to-trough decline	-58.50%	-30.61%	-27.89%
Max Drawdown (1Y) Largest decline over 1 year	-9.14%	-3.92%	-5.22%
Max Drawdown (3Y) Largest decline over 3 years	-18.50%	-6.15%	-12.35%
Max Drawdown (5Y) Largest decline over 5 years	-33.81%	-10.02%	-23.79%
Max Drawdown (10Y) Largest decline over 10 years	-36.30%	—	—
Current Drawdown Current decline from peak	-4.62%	-0.38%	-4.24%
Average Drawdown Average peak-to-trough decline	-8.15%	-4.56%	-3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	1.27%	+1.72%

Volatility

EHI vs. RSF - Volatility Comparison

Western Asset Global High Income Fund Inc (EHI) has a higher volatility of 2.07% compared to RiverNorth Capital and Income Fund (RSF) at 1.02%. This indicates that EHI's price experiences larger fluctuations and is considered to be riskier than RSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EHI	RSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.07%	1.02%	+1.05%
Volatility (6M) Calculated over the trailing 6-month period	7.42%	7.00%	+0.42%
Volatility (1Y) Calculated over the trailing 1-year period	8.80%	8.18%	+0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.95%	10.52%	+3.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.41%	11.22%	+3.19%

EHI vs. RSF - Expense Ratio Comparison

EHI has a 0.02% expense ratio, which is lower than RSF's 6.38% expense ratio.

Dividends

EHI vs. RSF - Dividend Comparison

EHI's dividend yield for the trailing twelve months is around 14.07%, more than RSF's 11.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EHI Western Asset Global High Income Fund Inc	12.90%	13.10%	12.37%	11.12%	11.82%	7.95%	8.02%	7.52%	8.91%	8.32%	11.58%	13.25%
RSF RiverNorth Capital and Income Fund	11.21%	11.30%	10.87%	10.85%	11.78%	9.52%	11.76%	6.92%	8.21%	9.22%	1.41%	0.00%

Frequently Asked Questions

Can I hold both EHI and RSF in my portfolio?

EHI and RSF have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EHI or RSF?

EHI has higher volatility (2.07%) compared to RSF (1.02%). In terms of maximum drawdown, EHI dropped -58.50% vs RSF's -30.61%.

Which has better risk-adjusted returns?

RSF currently has the higher Sharpe Ratio (1.40 vs 0.55), 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.