KIO vs. TSI
Compare and contrast key facts about KKR Income Opportunities Fund (KIO) and TCW Strategic Income Fund Inc. (TSI).
KIO is managed by KKR Asset Management. It was launched on Jul 25, 2013. TSI is managed by TCW.
Performance
KIO vs. TSI - Performance Comparison
Loading graphics...
KIO vs. TSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KIO KKR Income Opportunities Fund | -2.01% | -2.49% | 18.45% | 31.53% | -28.25% | 26.82% | 2.04% | 21.92% | -2.53% | 9.68% |
TSI TCW Strategic Income Fund Inc. | -7.86% | 9.72% | 13.45% | 7.13% | -14.33% | 8.08% | 3.77% | 17.97% | -3.83% | 16.42% |
Returns By Period
In the year-to-date period, KIO achieves a -2.01% return, which is significantly higher than TSI's -7.86% return. Over the past 10 years, KIO has outperformed TSI with an annualized return of 8.06%, while TSI has yielded a comparatively lower 5.28% annualized return.
KIO
- 1D
- 3.19%
- 1M
- -3.03%
- YTD
- -2.01%
- 6M
- -7.08%
- 1Y
- 1.11%
- 3Y*
- 12.45%
- 5Y*
- 3.89%
- 10Y*
- 8.06%
TSI
- 1D
- 0.45%
- 1M
- -4.02%
- YTD
- -7.86%
- 6M
- -5.00%
- 1Y
- -1.27%
- 3Y*
- 6.20%
- 5Y*
- 2.49%
- 10Y*
- 5.28%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KIO vs. TSI - Expense Ratio Comparison
Return for Risk
KIO vs. TSI — Risk / Return Rank
KIO
TSI
KIO vs. TSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KKR Income Opportunities Fund (KIO) and TCW Strategic Income Fund Inc. (TSI). 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.
| KIO | TSI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.08 | -0.14 | +0.22 |
Sortino ratioReturn per unit of downside risk | 0.20 | -0.12 | +0.32 |
Omega ratioGain probability vs. loss probability | 1.03 | 0.98 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.08 | -0.07 | +0.14 |
Martin ratioReturn relative to average drawdown | 0.18 | -0.25 | +0.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KIO | TSI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.08 | -0.14 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.23 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.38 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.47 | -0.10 |
Correlation
The correlation between KIO and TSI is 0.17, 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.
Dividends
KIO vs. TSI - Dividend Comparison
KIO's dividend yield for the trailing twelve months is around 13.25%, more than TSI's 7.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KIO KKR Income Opportunities Fund | 13.25% | 12.58% | 10.90% | 11.32% | 11.44% | 7.45% | 10.12% | 9.51% | 10.53% | 9.66% | 9.92% | 10.81% |
TSI TCW Strategic Income Fund Inc. | 7.24% | 6.58% | 8.00% | 7.73% | 7.00% | 6.36% | 4.83% | 7.39% | 7.07% | 5.36% | 5.21% | 4.08% |
Drawdowns
KIO vs. TSI - Drawdown Comparison
The maximum KIO drawdown since its inception was -43.87%, smaller than the maximum TSI drawdown of -60.35%. Use the drawdown chart below to compare losses from any high point for KIO and TSI.
Loading graphics...
Drawdown Indicators
| KIO | TSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.87% | -60.35% | +16.48% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -8.30% | -2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -31.87% | -18.56% | -13.31% |
Max Drawdown (10Y)Largest decline over 10 years | -43.87% | -30.00% | -13.87% |
Current DrawdownCurrent decline from peak | -12.77% | -7.89% | -4.88% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -7.70% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 2.20% | +2.55% |
Volatility
KIO vs. TSI - Volatility Comparison
KKR Income Opportunities Fund (KIO) has a higher volatility of 5.24% compared to TCW Strategic Income Fund Inc. (TSI) at 4.87%. This indicates that KIO's price experiences larger fluctuations and is considered to be riskier than TSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KIO | TSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 4.87% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 8.24% | 7.31% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 9.21% | +4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.12% | 11.03% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.37% | 14.07% | +2.30% |