RCLVX vs. RFAYX
RCLVX (Russell Investments LifePoints Conservative Strategy Fund) and RFAYX (Russell Investments Investment Grade Bond Fund) are both mutual funds - RCLVX is a Diversified Portfolio fund managed by Russell, while RFAYX is a Intermediate Core Bond fund managed by Russell. Over the past 10 years, RCLVX returned 2.79%/yr vs 1.51%/yr for RFAYX. At a 0.38 correlation, their price movements are largely independent. RCLVX charges 0.67%/yr vs 0.32%/yr for RFAYX.
Performance
RCLVX vs. RFAYX - Performance Comparison
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Returns By Period
In the year-to-date period, RCLVX achieves a 2.53% return, which is significantly higher than RFAYX's 0.33% return. Over the past 10 years, RCLVX has outperformed RFAYX with an annualized return of 2.79%, while RFAYX has yielded a comparatively lower 1.51% annualized return.
RCLVX
- 1D
- -0.21%
- 1M
- 0.75%
- YTD
- 2.53%
- 6M
- 2.53%
- 1Y
- 7.90%
- 3Y*
- 6.30%
- 5Y*
- 1.39%
- 10Y*
- 2.79%
RFAYX
- 1D
- -0.28%
- 1M
- 0.68%
- YTD
- 0.33%
- 6M
- 0.49%
- 1Y
- 4.21%
- 3Y*
- 3.95%
- 5Y*
- -0.43%
- 10Y*
- 1.51%
RCLVX vs. RFAYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RCLVX Russell Investments LifePoints Conservative Strategy Fund | 2.53% | 8.93% | 3.04% | 7.61% | -14.04% | 3.05% | 5.21% | 9.30% | -2.75% | 5.35% |
RFAYX Russell Investments Investment Grade Bond Fund | 0.33% | 7.47% | 1.57% | 4.85% | -14.80% | -1.09% | 9.10% | 9.03% | -0.56% | 3.57% |
Correlation
The correlation between RCLVX and RFAYX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.38 |
Over the past year, RCLVX and RFAYX have become more correlated (0.83) than their long-term average of 0.38, meaning their price movements have been converging.
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Return for Risk
RCLVX vs. RFAYX — Risk / Return Rank
RCLVX
RFAYX
RCLVX vs. RFAYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments LifePoints Conservative Strategy Fund (RCLVX) and Russell Investments Investment Grade Bond Fund (RFAYX). 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.
| RCLVX | RFAYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.22 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 1.66 | +0.52 |
| Martin ratioReturn relative to average drawdown | 8.91 | 4.67 | +4.24 |
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Drawdowns
RCLVX vs. RFAYX - Drawdown Comparison
The maximum RCLVX drawdown since its inception was -28.60%, which is greater than RFAYX's maximum drawdown of -19.61%. Use the drawdown chart below to compare losses from any high point for RCLVX and RFAYX.
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Drawdown Indicators
| RCLVX | RFAYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.60% | -19.61% | -8.99% |
Max Drawdown (1Y)Largest decline over 1 year | -3.81% | -2.73% | -1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -6.71% | -6.32% | -0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | -19.61% | +0.38% |
Max Drawdown (10Y)Largest decline over 10 years | -19.23% | -19.61% | +0.38% |
Current DrawdownCurrent decline from peak | -0.32% | -4.05% | +3.73% |
Average DrawdownAverage peak-to-trough decline | -3.75% | -2.98% | -0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.96% | -0.03% |
Volatility
RCLVX vs. RFAYX - Volatility Comparison
Russell Investments LifePoints Conservative Strategy Fund (RCLVX) has a higher volatility of 1.57% compared to Russell Investments Investment Grade Bond Fund (RFAYX) at 1.04%. This indicates that RCLVX's price experiences larger fluctuations and is considered to be riskier than RFAYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RCLVX | RFAYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.04% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 3.55% | 2.62% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.34% | 3.59% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.08% | 5.90% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.65% | 4.91% | +0.74% |
RCLVX vs. RFAYX - Expense Ratio Comparison
RCLVX has a 0.67% expense ratio, which is higher than RFAYX's 0.32% expense ratio.
Dividends
RCLVX vs. RFAYX - Dividend Comparison
RCLVX's dividend yield for the trailing twelve months is around 3.61%, less than RFAYX's 5.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCLVX Russell Investments LifePoints Conservative Strategy Fund | 3.61% | 3.62% | 2.47% | 1.63% | 2.16% | 6.68% | 1.97% | 3.27% | 3.25% | 2.98% | 4.74% | 11.07% |
RFAYX Russell Investments Investment Grade Bond Fund | 5.43% | 5.19% | 4.74% | 3.71% | 1.25% | 2.50% | 5.27% | 3.46% | 2.67% | 1.57% | 5.45% | 4.09% |
Frequently Asked Questions
RCLVX and RFAYX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RCLVX has higher volatility (1.57%) compared to RFAYX (1.04%). In terms of maximum drawdown, RCLVX dropped -28.60% vs RFAYX's -19.61%.
RCLVX currently has the higher Sharpe Ratio (1.91 vs 1.26), 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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