NWXHX vs. RCTIX
Compare and contrast key facts about Nationwide Amundi Strategic Income Fund (NWXHX) and River Canyon Total Return Bond Fund (RCTIX).
NWXHX is managed by Nationwide. It was launched on Nov 1, 2015. 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: NWXHX or RCTIX.
Key characteristics
| NWXHX | RCTIX | |
|---|---|---|
| YTD Return | 7.50% | 7.57% |
| 1Y Return | 11.18% | 12.11% |
| 3Y Return (Ann) | 4.82% | 4.32% |
| 5Y Return (Ann) | 5.04% | 4.77% |
| Sharpe Ratio | 7.25 | 4.25 |
| Daily Std Dev | 1.54% | 2.82% |
| Max Drawdown | -22.96% | -10.89% |
| Current Drawdown | 0.00% | -0.10% |
Correlation
The correlation between NWXHX 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
NWXHX vs. RCTIX - Performance Comparison
The year-to-date returns for both investments are quite close, with NWXHX having a 7.50% return and RCTIX slightly higher at 7.57%. 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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NWXHX vs. RCTIX - Expense Ratio Comparison
NWXHX has a 0.61% expense ratio, which is lower than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
NWXHX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Amundi Strategic Income Fund (NWXHX) 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
NWXHX vs. RCTIX - Dividend Comparison
NWXHX's dividend yield for the trailing twelve months is around 5.67%, less than RCTIX's 8.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
NWXHX Nationwide Amundi Strategic Income Fund | 5.67% | 4.57% | 10.88% | 4.20% | 4.92% | 3.93% | 4.59% | 8.67% | 7.98% | 0.47% |
RCTIX River Canyon Total Return Bond Fund | 8.05% | 8.51% | 5.98% | 3.02% | 5.96% | 4.97% | 3.30% | 4.89% | 3.56% | 5.74% |
Drawdowns
NWXHX vs. RCTIX - Drawdown Comparison
The maximum NWXHX drawdown since its inception was -22.96%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for NWXHX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
NWXHX vs. RCTIX - Volatility Comparison
The current volatility for Nationwide Amundi Strategic Income Fund (NWXHX) is 0.23%, while River Canyon Total Return Bond Fund (RCTIX) has a volatility of 0.70%. This indicates that NWXHX 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.