RALVX vs. RMHYX
RALVX (Russell Investments LifePoints Growth Strategy Fund) and RMHYX (Russell Investments Multifactor Bond Fund) are both mutual funds - RALVX is a Diversified Portfolio fund managed by Russell, while RMHYX is a Global Bonds fund managed by Russell. Over the past 5 years, RALVX returned 7.93%/yr vs -0.97%/yr for RMHYX. At a 0.18 correlation, their price movements are largely independent. RALVX charges 0.75%/yr vs 0.26%/yr for RMHYX.
Performance
RALVX vs. RMHYX - Performance Comparison
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Returns By Period
In the year-to-date period, RALVX achieves a 9.38% return, which is significantly higher than RMHYX's -0.93% return.
RALVX
- 1D
- 0.43%
- 1M
- -0.34%
- 6M
- 7.16%
- YTD
- 9.38%
- 1Y
- 19.37%
- 3Y*
- 14.37%
- 5Y*
- 7.93%
- 10Y*
- 8.19%
RMHYX
- 1D
- 0.26%
- 1M
- -0.94%
- 6M
- -1.67%
- YTD
- -0.93%
- 1Y
- 4.32%
- 3Y*
- 2.50%
- 5Y*
- -0.97%
- 10Y*
- —
RALVX vs. RMHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RALVX Russell Investments LifePoints Growth Strategy Fund | 9.38% | 17.44% | 11.36% | 17.18% | -16.76% | 17.82% | 6.13% | 1.95% |
RMHYX Russell Investments Multifactor Bond Fund | -0.93% | 7.48% | -2.99% | 6.66% | -12.55% | -1.53% | 4.68% | 0.05% |
Correlation
The correlation between RALVX and RMHYX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2019 | 0.18 |
Over the past year, RALVX and RMHYX have become more correlated (0.39) than their long-term average of 0.18, meaning their price movements have been converging.
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Return for Risk
RALVX vs. RMHYX — Risk / Return Rank
RALVX
RMHYX
RALVX vs. RMHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments LifePoints Growth Strategy Fund (RALVX) and Russell Investments Multifactor Bond Fund (RMHYX). 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.
| RALVX | RMHYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.10 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 0.68 | +1.62 |
| Martin ratioReturn relative to average drawdown | 10.00 | 1.75 | +8.25 |
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Drawdowns
RALVX vs. RMHYX - Drawdown Comparison
The maximum RALVX drawdown since its inception was -59.59%, which is greater than RMHYX's maximum drawdown of -21.15%. Use the drawdown chart below to compare losses from any high point for RALVX and RMHYX.
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Drawdown Indicators
| RALVX | RMHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.59% | -21.15% | -38.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.16% | -5.60% | -2.56% |
Max Drawdown (3Y)Largest decline over 3 years | -13.71% | -9.87% | -3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -24.35% | -19.31% | -5.04% |
Max Drawdown (10Y)Largest decline over 10 years | -30.08% | — | — |
Current DrawdownCurrent decline from peak | -0.42% | -7.56% | +7.14% |
Average DrawdownAverage peak-to-trough decline | -13.21% | -8.40% | -4.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 2.17% | -0.30% |
Volatility
RALVX vs. RMHYX - Volatility Comparison
Russell Investments LifePoints Growth Strategy Fund (RALVX) has a higher volatility of 2.94% compared to Russell Investments Multifactor Bond Fund (RMHYX) at 1.99%. This indicates that RALVX's price experiences larger fluctuations and is considered to be riskier than RMHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RALVX | RMHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 1.99% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 8.67% | 5.02% | +3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.44% | 6.54% | +3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.27% | 7.65% | +5.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.63% | 6.99% | +6.64% |
RALVX vs. RMHYX - Expense Ratio Comparison
RALVX has a 0.75% expense ratio, which is higher than RMHYX's 0.26% expense ratio.
Dividends
RALVX vs. RMHYX - Dividend Comparison
RALVX's dividend yield for the trailing twelve months is around 10.62%, more than RMHYX's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RALVX Russell Investments LifePoints Growth Strategy Fund | 10.62% | 11.68% | 2.31% | 1.21% | 4.20% | 17.98% | 0.54% | 6.24% | 7.01% | 5.99% | 4.79% | 1.23% |
RMHYX Russell Investments Multifactor Bond Fund | 4.35% | 3.61% | 5.10% | 0.34% | 8.97% | 4.59% | 1.43% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RALVX and RMHYX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RALVX has higher volatility (2.94%) compared to RMHYX (1.99%). In terms of maximum drawdown, RALVX dropped -59.59% vs RMHYX's -21.15%.
RALVX currently has the higher Sharpe Ratio (1.79 vs 0.58), 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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