QNST vs. ROBNX

Last updated Jul 14, 2026

QNST (QuinStreet, Inc.) is a stock, while ROBNX (Robinson Tax Advantaged Income Fund) is Municipal Bonds fund managed by Liberty Street. Over the past 10 years, QNST returned 16.01%/yr vs 2.55%/yr for ROBNX. At a 0.16 correlation, their price movements are largely independent.

Performance

QNST vs. ROBNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QuinStreet, Inc. (QNST) and Robinson Tax Advantaged Income Fund (ROBNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QNST achieves a 22.55% return, which is significantly higher than ROBNX's 5.38% return. Over the past 10 years, QNST has outperformed ROBNX with an annualized return of 16.01%, while ROBNX has yielded a comparatively lower 2.55% annualized return.

QNST

• 1D: 4.88%
• 1M: 42.71%
• 6M: 16.78%
• YTD: 22.55%
• 1Y: 14.65%
• 3Y*: 25.21%
• 5Y*: -0.28%
• 10Y*: 16.01%

ROBNX

• 1D: -0.11%
• 1M: 1.52%
• 6M: 4.18%
• YTD: 5.38%
• 1Y: 10.70%
• 3Y*: 6.61%
• 5Y*: 1.99%
• 10Y*: 2.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QNST vs. ROBNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QNST QuinStreet, Inc.	22.55%	-37.71%	79.95%	-10.66%	-21.11%	-15.16%	40.04%	-5.67%	93.68%	122.87%
ROBNX Robinson Tax Advantaged Income Fund	5.38%	2.89%	8.89%	3.06%	-8.79%	9.27%	0.71%	15.11%	-6.19%	4.99%

Correlation

The correlation between QNST and ROBNX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.16

Return for Risk

QNST vs. ROBNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QNST

QNST Risk / Return Rank: 55
QNST Sharpe Ratio Rank: 57
QNST Sortino Ratio Rank: 54
QNST Omega Ratio Rank: 53
QNST Calmar Ratio Rank: 55
QNST Martin Ratio Rank: 55

ROBNX

ROBNX Risk / Return Rank: 77
ROBNX Sharpe Ratio Rank: 83
ROBNX Sortino Ratio Rank: 88
ROBNX Omega Ratio Rank: 85
ROBNX Calmar Ratio Rank: 52
ROBNX Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QNST vs. ROBNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QuinStreet, Inc. (QNST) and Robinson Tax Advantaged Income Fund (ROBNX). 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.

	QNST	ROBNX	Difference
Sharpe ratio: Return per unit of total volatility	0.33	2.16	-1.83
Sortino ratio: Return per unit of downside risk	0.75	3.50	-2.74
Omega ratio: Gain probability vs. loss probability	1.10	1.45	-0.35
Calmar ratio: Return relative to maximum drawdown	0.38	2.22	-1.84
Martin ratio: Return relative to average drawdown	0.70	10.82	-10.12

QNST vs. ROBNX - Sharpe Ratio Comparison

The current QNST Sharpe Ratio is 0.33, which is lower than the ROBNX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of QNST and ROBNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QNST vs. ROBNX - Drawdown Comparison

The maximum QNST drawdown since its inception was -89.10%, which is greater than ROBNX's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for QNST and ROBNX.

Drawdown Indicators

	QNST	ROBNX	Difference
Max Drawdown Largest peak-to-trough decline	-89.10%	-27.51%	-61.59%
Max Drawdown (1Y) Largest decline over 1 year	-38.32%	-4.89%	-33.43%
Max Drawdown (3Y) Largest decline over 3 years	-58.05%	-10.21%	-47.84%
Max Drawdown (5Y) Largest decline over 5 years	-63.69%	-17.36%	-46.33%
Max Drawdown (10Y) Largest decline over 10 years	-72.05%	-27.51%	-44.54%
Current Drawdown Current decline from peak	-30.04%	-0.33%	-29.71%
Average Drawdown Average peak-to-trough decline	-51.35%	-4.58%	-46.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.93%	1.00%	+19.93%

Volatility

QNST vs. ROBNX - Volatility Comparison

QuinStreet, Inc. (QNST) has a higher volatility of 9.55% compared to Robinson Tax Advantaged Income Fund (ROBNX) at 1.19%. This indicates that QNST's price experiences larger fluctuations and is considered to be riskier than ROBNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QNST	ROBNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.55%	1.19%	+8.36%
Volatility (6M) Calculated over the trailing 6-month period	36.15%	4.31%	+31.84%
Volatility (1Y) Calculated over the trailing 1-year period	45.29%	5.04%	+40.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.28%	6.83%	+43.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.58%	9.21%	+45.37%

Dividends

QNST vs. ROBNX - Dividend Comparison

QNST has not paid dividends to shareholders, while ROBNX's dividend yield for the trailing twelve months is around 4.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QNST QuinStreet, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROBNX Robinson Tax Advantaged Income Fund	4.07%	3.66%	4.13%	2.01%	3.52%	7.91%	3.13%	3.24%	4.26%	5.15%	5.22%	4.72%

Frequently Asked Questions

Can I hold both QNST and ROBNX in my portfolio?

QNST and ROBNX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QNST or ROBNX?

QNST has higher volatility (9.55%) compared to ROBNX (1.19%). In terms of maximum drawdown, QNST dropped -89.10% vs ROBNX's -27.51%.

Which has better risk-adjusted returns?

ROBNX currently has the higher Sharpe Ratio (2.16 vs 0.33), 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.