FUNL vs. RAVI
FUNL (CornerCap Fundametrics Large-Cap ETF FUNL) and RAVI (FlexShares Ultra-Short Income ETF) are both exchange-traded funds - FUNL is a Large Cap Value Equities fund actively managed by CornerCap, while RAVI is a Ultrashort Bond fund actively managed by FlexShares. Both are actively managed. Over the past 5 years, FUNL returned 9.42%/yr vs 3.50%/yr for RAVI. At a 0.08 correlation, their price movements are largely independent. FUNL charges 0.50%/yr vs 0.25%/yr for RAVI.
Performance
FUNL vs. RAVI - Performance Comparison
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Returns By Period
In the year-to-date period, FUNL achieves a 5.66% return, which is significantly higher than RAVI's 1.53% return.
FUNL
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 5.66%
- 6M
- 7.22%
- 1Y
- 18.97%
- 3Y*
- 16.53%
- 5Y*
- 9.42%
- 10Y*
- —
RAVI
- 1D
- 0.02%
- 1M
- 0.39%
- YTD
- 1.53%
- 6M
- 1.92%
- 1Y
- 4.50%
- 3Y*
- 5.21%
- 5Y*
- 3.50%
- 10Y*
- 2.67%
FUNL vs. RAVI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FUNL CornerCap Fundametrics Large-Cap ETF FUNL | 5.66% | 14.62% | 15.55% | 14.33% | -5.76% | 25.93% | 14.92% |
RAVI FlexShares Ultra-Short Income ETF | 1.53% | 4.98% | 5.67% | 5.55% | 0.15% | -0.04% | 0.28% |
Correlation
The correlation between FUNL and RAVI is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2020 | 0.08 |
The correlation between FUNL and RAVI shifts across timeframes, from -0.11 (1 year) to 0.11 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FUNL vs. RAVI — Risk / Return Rank
FUNL
RAVI
FUNL vs. RAVI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CornerCap Fundametrics Large-Cap ETF FUNL (FUNL) and FlexShares Ultra-Short Income ETF (RAVI). 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.
| FUNL | RAVI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.83 | ||
| Sortino ratioReturn per unit of downside risk | -20.42 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 5.39 | -3.92 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | 38.66 | -33.65 |
| Martin ratioReturn relative to average drawdown | 23.31 | 225.58 | -202.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FUNL | RAVI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 11.02 | -8.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 2.49 | -1.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 2.03 | -1.08 |
Drawdowns
FUNL vs. RAVI - Drawdown Comparison
The maximum FUNL drawdown since its inception was -19.35%, which is greater than RAVI's maximum drawdown of -3.72%. Use the drawdown chart below to compare losses from any high point for FUNL and RAVI.
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Drawdown Indicators
| FUNL | RAVI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.35% | -3.72% | -15.63% |
Max Drawdown (1Y)Largest decline over 1 year | -3.83% | -0.12% | -3.71% |
Max Drawdown (3Y)Largest decline over 3 years | -17.37% | -0.36% | -17.01% |
Max Drawdown (5Y)Largest decline over 5 years | -19.35% | -3.28% | -16.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.72% | — |
Current DrawdownCurrent decline from peak | -0.12% | 0.00% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -3.54% | -0.17% | -3.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.02% | +0.80% |
Volatility
FUNL vs. RAVI - Volatility Comparison
The current volatility for CornerCap Fundametrics Large-Cap ETF FUNL (FUNL) is 0.00%, while FlexShares Ultra-Short Income ETF (RAVI) has a volatility of 0.15%. This indicates that FUNL experiences smaller price fluctuations and is considered to be less risky than RAVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FUNL | RAVI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 0.15% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 0.30% | +4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.82% | 0.41% | +8.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.16% | 1.41% | +13.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 1.28% | +14.01% |
FUNL vs. RAVI - Expense Ratio Comparison
FUNL has a 0.50% expense ratio, which is higher than RAVI's 0.25% expense ratio.
Dividends
FUNL vs. RAVI - Dividend Comparison
FUNL's dividend yield for the trailing twelve months is around 2.25%, less than RAVI's 4.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FUNL CornerCap Fundametrics Large-Cap ETF FUNL | 2.25% | 2.10% | 1.78% | 1.69% | 1.84% | 1.55% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% |
RAVI FlexShares Ultra-Short Income ETF | 4.38% | 4.59% | 5.34% | 4.55% | 1.70% | 0.90% | 1.29% | 2.53% | 2.22% | 1.28% | 0.90% |
Frequently Asked Questions
FUNL and RAVI have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RAVI has higher volatility (0.15%) compared to FUNL (0.00%). In terms of maximum drawdown, FUNL dropped -19.35% vs RAVI's -3.72%.
On 5-year performance, FUNL leads with 9.42% vs 3.50% for RAVI. On fees, RAVI is cheaper at 0.25% per year. On volatility, FUNL has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FUNL has performed better with a 9.42% return vs 3.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RAVI is cheaper with a 0.25% expense ratio, compared with 0.50% for FUNL.
RAVI has the higher dividend yield at 4.38%, compared with 2.25% for FUNL.
FUNL is categorized as Large Cap Value Equities, while RAVI is Ultrashort Bond. They also come from different issuers: CornerCap and FlexShares. Their fees differ too: 0.50% for FUNL and 0.25% for RAVI.
RAVI currently has the higher Sharpe Ratio (11.02 vs 2.19), 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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