FOBAX vs. RCTIX
Compare and contrast key facts about Tributary Balanced Fund (FOBAX) and River Canyon Total Return Bond Fund (RCTIX).
FOBAX is managed by Tributary Funds. It was launched on Aug 5, 1996. RCTIX is managed by River Canyon. It was launched on Dec 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOBAX or RCTIX.
Correlation
The correlation between FOBAX and RCTIX is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FOBAX vs. RCTIX - Performance Comparison
Key characteristics
FOBAX:
1.10
RCTIX:
4.02
FOBAX:
1.45
RCTIX:
6.40
FOBAX:
1.21
RCTIX:
1.89
FOBAX:
0.79
RCTIX:
8.38
FOBAX:
3.82
RCTIX:
23.48
FOBAX:
2.62%
RCTIX:
0.40%
FOBAX:
9.08%
RCTIX:
2.32%
FOBAX:
-49.70%
RCTIX:
-10.89%
FOBAX:
-4.59%
RCTIX:
0.00%
Returns By Period
In the year-to-date period, FOBAX achieves a 2.25% return, which is significantly higher than RCTIX's 1.44% return. Over the past 10 years, FOBAX has underperformed RCTIX with an annualized return of 2.46%, while RCTIX has yielded a comparatively higher 4.88% annualized return.
FOBAX
2.25%
1.09%
0.71%
9.30%
2.74%
2.46%
RCTIX
1.44%
0.74%
2.95%
9.19%
4.37%
4.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FOBAX vs. RCTIX - Expense Ratio Comparison
FOBAX has a 0.96% expense ratio, which is higher than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
FOBAX vs. RCTIX — Risk-Adjusted Performance Rank
FOBAX
RCTIX
FOBAX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tributary Balanced Fund (FOBAX) and River Canyon Total Return Bond Fund (RCTIX). 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.
Dividends
FOBAX vs. RCTIX - Dividend Comparison
FOBAX's dividend yield for the trailing twelve months is around 1.26%, less than RCTIX's 7.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOBAX Tributary Balanced Fund | 1.26% | 1.29% | 1.21% | 0.86% | 0.48% | 0.75% | 0.93% | 0.94% | 0.81% | 0.76% | 0.22% | 0.21% |
RCTIX River Canyon Total Return Bond Fund | 7.90% | 7.90% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% | 0.00% |
Drawdowns
FOBAX vs. RCTIX - Drawdown Comparison
The maximum FOBAX drawdown since its inception was -49.70%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for FOBAX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
FOBAX vs. RCTIX - Volatility Comparison
Tributary Balanced Fund (FOBAX) has a higher volatility of 1.99% compared to River Canyon Total Return Bond Fund (RCTIX) at 0.55%. This indicates that FOBAX's price experiences larger fluctuations and is considered to be riskier than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.