JMSIX vs. RCTIX
Compare and contrast key facts about JPMorgan Income Fund (JMSIX) and River Canyon Total Return Bond Fund (RCTIX).
JMSIX is managed by JPMorgan Chase. It was launched on Jun 1, 2014. 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: JMSIX or RCTIX.
Key characteristics
| JMSIX | RCTIX | |
|---|---|---|
| YTD Return | 7.08% | 7.46% |
| 1Y Return | 11.36% | 11.89% |
| 3Y Return (Ann) | 1.49% | 4.35% |
| 5Y Return (Ann) | 2.63% | 4.76% |
| Sharpe Ratio | 3.46 | 4.25 |
| Daily Std Dev | 3.31% | 2.80% |
| Max Drawdown | -18.41% | -10.89% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JMSIX and RCTIX is 0.36, 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
JMSIX vs. RCTIX - Performance Comparison
In the year-to-date period, JMSIX achieves a 7.08% return, which is significantly lower than RCTIX's 7.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JMSIX vs. RCTIX - Expense Ratio Comparison
JMSIX has a 0.40% expense ratio, which is lower than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
JMSIX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Income Fund (JMSIX) 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
JMSIX vs. RCTIX - Dividend Comparison
JMSIX's dividend yield for the trailing twelve months is around 5.44%, less than RCTIX's 8.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JMSIX JPMorgan Income Fund | 5.44% | 5.30% | 4.77% | 3.99% | 4.94% | 5.10% | 5.43% | 5.41% | 5.47% | 5.72% | 0.92% |
RCTIX River Canyon Total Return Bond Fund | 8.06% | 8.51% | 5.98% | 3.02% | 5.96% | 4.97% | 3.30% | 4.89% | 3.56% | 5.74% | 0.00% |
Drawdowns
JMSIX vs. RCTIX - Drawdown Comparison
The maximum JMSIX drawdown since its inception was -18.41%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for JMSIX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
JMSIX vs. RCTIX - Volatility Comparison
The current volatility for JPMorgan Income Fund (JMSIX) is 0.52%, while River Canyon Total Return Bond Fund (RCTIX) has a volatility of 0.67%. This indicates that JMSIX experiences smaller price fluctuations and is considered to be less risky than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.