FLOTX vs. RCRIX

Last updated Jun 3, 2026

FLOTX (Donoghue Forlines Risk Managed Income Fund) and RCRIX (RiverPark Floating Rate CMBS Fund) are both Bank Loan funds. Over the past 5 years, FLOTX returned 2.69%/yr vs 5.32%/yr for RCRIX. At a 0.11 correlation, their price movements are largely independent. FLOTX charges 1.07%/yr vs 0.85%/yr for RCRIX.

Performance

FLOTX vs. RCRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Donoghue Forlines Risk Managed Income Fund (FLOTX) and RiverPark Floating Rate CMBS Fund (RCRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLOTX achieves a -0.55% return, which is significantly lower than RCRIX's 1.91% return.

FLOTX

• 1D: 0.11%
• 1M: 0.33%
• YTD: -0.55%
• 6M: 0.09%
• 1Y: 3.33%
• 3Y*: 5.20%
• 5Y*: 2.69%
• 10Y*: —

RCRIX

• 1D: 0.00%
• 1M: 0.47%
• YTD: 1.91%
• 6M: 2.31%
• 1Y: 5.18%
• 3Y*: 7.58%
• 5Y*: 5.32%
• 10Y*: —

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

FLOTX vs. RCRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FLOTX Donoghue Forlines Risk Managed Income Fund	-0.55%	2.47%	6.76%	8.28%	-3.59%	2.45%	3.95%	3.51%	1.96%
RCRIX RiverPark Floating Rate CMBS Fund	1.91%	5.56%	10.01%	9.85%	-0.72%	2.81%	-8.51%	4.46%	45.17%

Correlation

The correlation between FLOTX and RCRIX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Mar 29, 2018	0.11

Return for Risk

FLOTX vs. RCRIX — Risk / Return Rank

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

FLOTX

FLOTX Risk / Return Rank: 38
FLOTX Sharpe Ratio Rank: 47
FLOTX Sortino Ratio Rank: 48
FLOTX Omega Ratio Rank: 67
FLOTX Calmar Ratio Rank: 15
FLOTX Martin Ratio Rank: 13

RCRIX

RCRIX Risk / Return Rank: 100
RCRIX Sharpe Ratio Rank: 100
RCRIX Sortino Ratio Rank: 100
RCRIX Omega Ratio Rank: 100
RCRIX Calmar Ratio Rank: 100
RCRIX Martin Ratio Rank: 100

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.

FLOTX vs. RCRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Donoghue Forlines Risk Managed Income Fund (FLOTX) and RiverPark Floating Rate CMBS Fund (RCRIX). 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.

	FLOTX	RCRIX	Difference
Sharpe ratio Return per unit of total volatility	2.01	6.73	-4.72
Sortino ratio Return per unit of downside risk	2.92	19.90	-16.98
Omega ratio Gain probability vs. loss probability	1.46	8.37	-6.92
Calmar ratio Return relative to maximum drawdown	1.41	28.07	-26.66
Martin ratio Return relative to average drawdown	3.82	175.33	-171.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLOTX vs. RCRIX - Sharpe Ratio Comparison

The current FLOTX Sharpe Ratio is 2.01, which is lower than the RCRIX Sharpe Ratio of 6.73. The chart below compares the historical Sharpe Ratios of FLOTX and RCRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLOTX	RCRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	6.73	-4.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	3.35	-2.34
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	1.08	+0.16

Drawdowns

FLOTX vs. RCRIX - Drawdown Comparison

The maximum FLOTX drawdown since its inception was -4.40%, smaller than the maximum RCRIX drawdown of -30.00%. Use the drawdown chart below to compare losses from any high point for FLOTX and RCRIX.

Drawdown Indicators

	FLOTX	RCRIX	Difference
Max Drawdown Largest peak-to-trough decline	-4.40%	-30.00%	+25.60%
Max Drawdown (1Y) Largest decline over 1 year	-2.36%	-0.19%	-2.17%
Max Drawdown (3Y) Largest decline over 3 years	-3.34%	-1.93%	-1.41%
Max Drawdown (5Y) Largest decline over 5 years	-4.40%	-3.75%	-0.65%
Current Drawdown Current decline from peak	-0.97%	0.00%	-0.97%
Average Drawdown Average peak-to-trough decline	-1.03%	-3.01%	+1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	0.03%	+0.84%

Volatility

FLOTX vs. RCRIX - Volatility Comparison

Donoghue Forlines Risk Managed Income Fund (FLOTX) has a higher volatility of 0.43% compared to RiverPark Floating Rate CMBS Fund (RCRIX) at 0.21%. This indicates that FLOTX's price experiences larger fluctuations and is considered to be riskier than RCRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLOTX	RCRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	0.21%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	1.34%	0.60%	+0.74%
Volatility (1Y) Calculated over the trailing 1-year period	1.67%	0.77%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.68%	1.60%	+1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.46%	7.93%	-5.47%

FLOTX vs. RCRIX - Expense Ratio Comparison

FLOTX has a 1.07% expense ratio, which is higher than RCRIX's 0.85% expense ratio.

Dividends

FLOTX vs. RCRIX - Dividend Comparison

FLOTX's dividend yield for the trailing twelve months is around 6.80%, more than RCRIX's 4.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLOTX Donoghue Forlines Risk Managed Income Fund	6.80%	5.79%	7.15%	7.16%	1.56%	2.13%	2.42%	3.78%	3.20%	0.00%
RCRIX RiverPark Floating Rate CMBS Fund	4.95%	5.30%	6.85%	7.90%	3.80%	2.34%	3.16%	3.36%	49.16%	3.64%

Frequently Asked Questions

Can I hold both FLOTX and RCRIX in my portfolio?

FLOTX and RCRIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLOTX or RCRIX?

FLOTX has higher volatility (0.43%) compared to RCRIX (0.21%). In terms of maximum drawdown, FLOTX dropped -4.40% vs RCRIX's -30.00%.

Which has better risk-adjusted returns?

RCRIX currently has the higher Sharpe Ratio (6.73 vs 2.01), 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.