RCTIX vs. BWDTX
Compare and contrast key facts about River Canyon Total Return Bond Fund (RCTIX) and Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX).
RCTIX is managed by River Canyon. It was launched on Dec 30, 2014. BWDTX is managed by Boyd Watterson. It was launched on Jul 28, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RCTIX or BWDTX.
Key characteristics
| RCTIX | BWDTX | |
|---|---|---|
| YTD Return | 6.79% | 6.20% |
| 1Y Return | 11.17% | 9.33% |
| 3Y Return (Ann) | 4.05% | 4.27% |
| 5Y Return (Ann) | 3.61% | 3.98% |
| Sharpe Ratio | 4.17 | 5.59 |
| Sortino Ratio | 6.88 | 9.84 |
| Omega Ratio | 1.97 | 2.54 |
| Calmar Ratio | 10.15 | 13.24 |
| Martin Ratio | 30.80 | 49.52 |
| Ulcer Index | 0.37% | 0.19% |
| Daily Std Dev | 2.70% | 1.69% |
| Max Drawdown | -10.89% | -10.06% |
| Current Drawdown | -0.92% | -0.30% |
Correlation
The correlation between RCTIX and BWDTX is 0.36, 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
RCTIX vs. BWDTX - Performance Comparison
In the year-to-date period, RCTIX achieves a 6.79% return, which is significantly higher than BWDTX's 6.20% return. 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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RCTIX vs. BWDTX - Expense Ratio Comparison
RCTIX has a 0.89% expense ratio, which is higher than BWDTX's 0.40% expense ratio.
Risk-Adjusted Performance
RCTIX vs. BWDTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for River Canyon Total Return Bond Fund (RCTIX) and Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX). 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
RCTIX vs. BWDTX - Dividend Comparison
RCTIX's dividend yield for the trailing twelve months is around 7.85%, more than BWDTX's 5.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
RCTIX River Canyon Total Return Bond Fund | 7.85% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% |
BWDTX Boyd Watterson Limited Duration Enhanced Income Fund | 5.60% | 5.51% | 3.77% | 2.97% | 3.18% | 3.47% | 4.17% | 2.90% | 1.35% | 0.00% |
Drawdowns
RCTIX vs. BWDTX - Drawdown Comparison
The maximum RCTIX drawdown since its inception was -10.89%, which is greater than BWDTX's maximum drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for RCTIX and BWDTX. For additional features, visit the drawdowns tool.
Volatility
RCTIX vs. BWDTX - Volatility Comparison
River Canyon Total Return Bond Fund (RCTIX) has a higher volatility of 0.66% compared to Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) at 0.48%. This indicates that RCTIX's price experiences larger fluctuations and is considered to be riskier than BWDTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.