EINFX vs. TSHFX
EINFX (Elfun Income Fund) and TSHFX (Transamerica Asset Allocation Short Horizon) are both Intermediate Core-Plus Bond funds. Over the past 10 years, EINFX returned 1.07%/yr vs 2.77%/yr for TSHFX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. EINFX charges 0.29%/yr vs 0.83%/yr for TSHFX.
Performance
EINFX vs. TSHFX - Performance Comparison
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Returns By Period
In the year-to-date period, EINFX achieves a -1.00% return, which is significantly lower than TSHFX's 0.54% return. Over the past 10 years, EINFX has underperformed TSHFX with an annualized return of 1.07%, while TSHFX has yielded a comparatively higher 2.77% annualized return.
EINFX
- 1D
- 0.00%
- 1M
- -1.14%
- 6M
- -1.18%
- YTD
- -1.00%
- 1Y
- 1.42%
- 3Y*
- 2.65%
- 5Y*
- -1.23%
- 10Y*
- 1.07%
- ALL TIME*
- 3.71%
TSHFX
- 1D
- 0.24%
- 1M
- -0.70%
- 6M
- 0.07%
- YTD
- 0.54%
- 1Y
- 3.39%
- 3Y*
- 5.20%
- 5Y*
- 1.23%
- 10Y*
- 2.77%
- ALL TIME*
- 1.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
EINFX Elfun Income Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
EINFX vs. TSHFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EINFX Elfun Income Fund | -1.00% | 7.35% | -0.73% | 4.75% | -13.82% | -1.57% | 7.81% | 9.51% | -0.86% | 3.91% |
TSHFX Transamerica Asset Allocation Short Horizon | 0.54% | 7.47% | 4.35% | 7.43% | -12.32% | 2.59% | 8.42% | 9.74% | -1.62% | 5.15% |
Correlation
The correlation between EINFX and TSHFX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.64 |
The correlation between EINFX and TSHFX shifts across timeframes, from 0.64 (all time) to 0.82 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EINFX vs. TSHFX — Risk / Return Rank
EINFX
TSHFX
EINFX vs. TSHFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elfun Income Fund (EINFX) and Transamerica Asset Allocation Short Horizon (TSHFX). 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.
| EINFX | TSHFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.19 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 1.13 | -0.33 |
| Martin ratioReturn relative to average drawdown | 1.93 | 4.27 | -2.33 |
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Drawdowns
EINFX vs. TSHFX - Drawdown Comparison
The maximum EINFX drawdown since its inception was -19.78%, smaller than the maximum TSHFX drawdown of -23.90%. Use the drawdown chart below to compare losses from any high point for EINFX and TSHFX.
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Drawdown Indicators
| EINFX | TSHFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.78% | -23.90% | +4.12% |
Max Drawdown (1Y)Largest decline over 1 year | -3.40% | -3.24% | -0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -6.96% | -3.91% | -3.05% |
Max Drawdown (5Y)Largest decline over 5 years | -19.78% | -15.84% | -3.94% |
Max Drawdown (10Y)Largest decline over 10 years | -19.78% | -15.84% | -3.94% |
Current DrawdownCurrent decline from peak | -6.24% | -0.98% | -5.26% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -4.93% | +1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 0.85% | +0.55% |
Volatility
EINFX vs. TSHFX - Volatility Comparison
Elfun Income Fund (EINFX) and Transamerica Asset Allocation Short Horizon (TSHFX) have volatilities of 0.95% and 0.94%, 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
| EINFX | TSHFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 0.94% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 3.11% | 2.88% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.03% | 3.56% | +0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.51% | 4.78% | +1.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.24% | 4.15% | +1.09% |
EINFX vs. TSHFX - Expense Ratio Comparison
EINFX has a 0.29% expense ratio, which is lower than TSHFX's 0.83% expense ratio.
Dividends
EINFX vs. TSHFX - Dividend Comparison
EINFX's dividend yield for the trailing twelve months is around 3.57%, more than TSHFX's 3.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINFX Elfun Income Fund | 3.57% | 3.84% | 3.04% | 2.76% | 4.09% | 3.31% | 3.15% | 2.78% | 2.88% | 2.42% | 3.34% | 2.87% |
TSHFX Transamerica Asset Allocation Short Horizon | 3.37% | 4.22% | 13.42% | 3.48% | 4.84% | 5.63% | 4.22% | 2.95% | 3.30% | 2.20% | 0.00% | 0.00% |
Frequently Asked Questions
EINFX and TSHFX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EINFX has higher volatility (0.95%) compared to TSHFX (0.94%). In terms of maximum drawdown, EINFX dropped -19.78% vs TSHFX's -23.90%.
TSHFX currently has the higher Sharpe Ratio (1.03 vs 0.67), 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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