LPEFX vs. RLIIX
LPEFX (ALPS/Red Rocks Global Opportunity Fund) and RLIIX (RiverFront Asset Allocation Growth & Income) are both mutual funds - LPEFX is a Global Equities fund managed by ALPS, while RLIIX is a Diversified Portfolio fund managed by ALPS. Over the past 10 years, LPEFX returned 9.51%/yr vs 6.90%/yr for RLIIX. Their 0.80 correlation means they have sometimes moved together and sometimes differently. LPEFX charges 1.46%/yr vs 0.25%/yr for RLIIX.
Performance
LPEFX vs. RLIIX - Performance Comparison
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Returns By Period
In the year-to-date period, LPEFX achieves a -5.27% return, which is significantly lower than RLIIX's 8.09% return. Over the past 10 years, LPEFX has outperformed RLIIX with an annualized return of 9.51%, while RLIIX has yielded a comparatively lower 6.90% annualized return.
LPEFX
- 1D
- 1.70%
- 1M
- 2.67%
- 6M
- -4.09%
- YTD
- -5.27%
- 1Y
- -5.68%
- 3Y*
- 7.78%
- 5Y*
- 1.63%
- 10Y*
- 9.51%
- ALL TIME*
- 4.26%
RLIIX
- 1D
- 1.02%
- 1M
- 0.25%
- 6M
- 5.46%
- YTD
- 8.09%
- 1Y
- 16.89%
- 3Y*
- 11.32%
- 5Y*
- 5.75%
- 10Y*
- 6.90%
- ALL TIME*
- 6.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LPEFX vs. RLIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPEFX ALPS/Red Rocks Global Opportunity Fund | -5.27% | 1.25% | 17.78% | 28.31% | -28.82% | 23.70% | 9.35% | 49.57% | -12.60% | 27.02% |
RLIIX RiverFront Asset Allocation Growth & Income | 8.09% | 13.74% | 8.77% | 13.37% | -14.99% | 13.57% | 7.10% | 18.51% | -11.07% | 15.00% |
Correlation
The correlation between LPEFX and RLIIX is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.81 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011 | 0.80 |
The correlation between LPEFX and RLIIX has been stable across timeframes, ranging from 0.80 to 0.86 - a consistent structural relationship.
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Return for Risk
LPEFX vs. RLIIX — Risk / Return Rank
LPEFX
RLIIX
LPEFX vs. RLIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS/Red Rocks Global Opportunity Fund (LPEFX) and RiverFront Asset Allocation Growth & Income (RLIIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LPEFX | RLIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -2.98 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.32 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 2.49 | -2.86 |
| Martin ratioReturn relative to average drawdown | -0.79 | 10.67 | -11.46 |
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Drawdowns
LPEFX vs. RLIIX - Drawdown Comparison
The maximum LPEFX drawdown since its inception was -77.00%, which is greater than RLIIX's maximum drawdown of -27.35%. Use the drawdown chart below to compare losses from any high point for LPEFX and RLIIX.
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Drawdown Indicators
| LPEFX | RLIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.00% | -27.35% | -49.65% |
Max Drawdown (1Y)Largest decline over 1 year | -21.54% | -6.43% | -15.11% |
Max Drawdown (3Y)Largest decline over 3 years | -22.00% | -12.90% | -9.10% |
Max Drawdown (5Y)Largest decline over 5 years | -49.19% | -21.19% | -28.00% |
Max Drawdown (10Y)Largest decline over 10 years | -49.19% | -27.35% | -21.84% |
Current DrawdownCurrent decline from peak | -17.22% | -0.13% | -17.09% |
Average DrawdownAverage peak-to-trough decline | -22.73% | -4.56% | -18.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.99% | 1.50% | +8.49% |
Volatility
LPEFX vs. RLIIX - Volatility Comparison
ALPS/Red Rocks Global Opportunity Fund (LPEFX) has a higher volatility of 4.79% compared to RiverFront Asset Allocation Growth & Income (RLIIX) at 2.07%. This indicates that LPEFX's price experiences larger fluctuations and is considered to be riskier than RLIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPEFX | RLIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 2.07% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 15.02% | 7.17% | +7.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.44% | 9.04% | +9.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.66% | 10.83% | +13.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.69% | 11.94% | +10.75% |
LPEFX vs. RLIIX - Expense Ratio Comparison
LPEFX has a 1.46% expense ratio, which is higher than RLIIX's 0.25% expense ratio.
Dividends
LPEFX vs. RLIIX - Dividend Comparison
LPEFX's dividend yield for the trailing twelve months is around 16.23%, more than RLIIX's 5.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LPEFX ALPS/Red Rocks Global Opportunity Fund | 16.23% | 15.38% | 15.95% | 5.56% | 0.00% | 26.79% | 3.96% | 21.96% | 4.58% | 13.29% | 1.55% | 8.21% |
RLIIX RiverFront Asset Allocation Growth & Income | 5.76% | 6.23% | 1.29% | 2.29% | 6.66% | 1.40% | 1.42% | 2.07% | 18.88% | 1.37% | 1.66% | 3.72% |
Frequently Asked Questions
LPEFX and RLIIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPEFX has higher volatility (4.79%) compared to RLIIX (2.07%). In terms of maximum drawdown, LPEFX dropped -77.00% vs RLIIX's -27.35%.
RLIIX currently has the higher Sharpe Ratio (1.77 vs -0.43), 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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