RCTIX vs. EARRX

Last updated Jun 6, 2026

RCTIX (River Canyon Total Return Bond Fund) and EARRX (Eaton Vance Short Duration Inflation-Protected Income Fund Class A) are both mutual funds - RCTIX is a Short-Term Bond fund managed by River Canyon, while EARRX is a Inflation-Protected Bonds fund managed by Eaton Vance. Over the past 10 years, RCTIX returned 5.53%/yr vs 3.64%/yr for EARRX. At a 0.29 correlation, their price movements are largely independent. RCTIX charges 0.89%/yr vs 0.85%/yr for EARRX.

Performance

RCTIX vs. EARRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in River Canyon Total Return Bond Fund (RCTIX) and Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RCTIX achieves a 0.71% return, which is significantly lower than EARRX's 1.48% return. Over the past 10 years, RCTIX has outperformed EARRX with an annualized return of 5.53%, while EARRX has yielded a comparatively lower 3.64% annualized return.

RCTIX

• 1D: 0.10%
• 1M: -0.11%
• YTD: 0.71%
• 6M: 1.46%
• 1Y: 5.03%
• 3Y*: 7.47%
• 5Y*: 4.38%
• 10Y*: 5.53%

EARRX

• 1D: -0.10%
• 1M: 0.10%
• YTD: 1.48%
• 6M: 1.42%
• 1Y: 3.80%
• 3Y*: 5.33%
• 5Y*: 3.61%
• 10Y*: 3.64%

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

RCTIX vs. EARRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RCTIX River Canyon Total Return Bond Fund	0.71%	7.75%	7.49%	10.02%	-4.07%	4.26%	6.42%	11.71%	1.82%	9.76%
EARRX Eaton Vance Short Duration Inflation-Protected Income Fund Class A	1.48%	5.46%	5.39%	5.95%	-3.22%	7.50%	5.05%	5.29%	-0.49%	1.81%

Correlation

The correlation between RCTIX and EARRX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015	0.29

The correlation between RCTIX and EARRX shifts across timeframes, from 0.29 (all time) to 0.55 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

RCTIX vs. EARRX — Risk / Return Rank

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

RCTIX

RCTIX Risk / Return Rank: 71
RCTIX Sharpe Ratio Rank: 59
RCTIX Sortino Ratio Rank: 66
RCTIX Omega Ratio Rank: 69
RCTIX Calmar Ratio Rank: 87
RCTIX Martin Ratio Rank: 76

EARRX

EARRX Risk / Return Rank: 85
EARRX Sharpe Ratio Rank: 76
EARRX Sortino Ratio Rank: 84
EARRX Omega Ratio Rank: 83
EARRX Calmar Ratio Rank: 91
EARRX Martin Ratio Rank: 91

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.

RCTIX vs. EARRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for River Canyon Total Return Bond Fund (RCTIX) and Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX). 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.

	RCTIX	EARRX	Difference
Sharpe ratio: Return per unit of total volatility	2.20	2.47	-0.28
Sortino ratio: Return per unit of downside risk	3.28	3.97	-0.69
Omega ratio: Gain probability vs. loss probability	1.45	1.55	-0.10
Calmar ratio: Return relative to maximum drawdown	4.12	4.71	-0.59
Martin ratio: Return relative to average drawdown	13.76	17.83	-4.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RCTIX vs. EARRX - Sharpe Ratio Comparison

The current RCTIX Sharpe Ratio is 2.20, which is comparable to the EARRX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of RCTIX and EARRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RCTIX	EARRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.47	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.77	1.31	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.48	1.35	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	1.07	+0.24

Drawdowns

RCTIX vs. EARRX - Drawdown Comparison

The maximum RCTIX drawdown since its inception was -10.89%, which is greater than EARRX's maximum drawdown of -10.27%. Use the drawdown chart below to compare losses from any high point for RCTIX and EARRX.

Drawdown Indicators

	RCTIX	EARRX	Difference
Max Drawdown Largest peak-to-trough decline	-10.89%	-10.27%	-0.62%
Max Drawdown (1Y) Largest decline over 1 year	-1.20%	-0.79%	-0.41%
Max Drawdown (3Y) Largest decline over 3 years	-1.48%	-1.18%	-0.30%
Max Drawdown (5Y) Largest decline over 5 years	-6.17%	-6.39%	+0.22%
Max Drawdown (10Y) Largest decline over 10 years	-10.89%	-10.27%	-0.62%
Current Drawdown Current decline from peak	-0.11%	-0.20%	+0.09%
Average Drawdown Average peak-to-trough decline	-1.08%	-1.08%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	0.21%	+0.15%

Volatility

RCTIX vs. EARRX - Volatility Comparison

River Canyon Total Return Bond Fund (RCTIX) has a higher volatility of 0.81% compared to Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX) at 0.49%. This indicates that RCTIX's price experiences larger fluctuations and is considered to be riskier than EARRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCTIX	EARRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.81%	0.49%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	1.76%	1.13%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	2.28%	1.50%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.49%	2.77%	-0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.74%	2.71%	+1.03%

RCTIX vs. EARRX - Expense Ratio Comparison

RCTIX has a 0.89% expense ratio, which is higher than EARRX's 0.85% expense ratio.

Dividends

RCTIX vs. EARRX - Dividend Comparison

RCTIX's dividend yield for the trailing twelve months is around 7.27%, more than EARRX's 3.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EARRX Eaton Vance Short Duration Inflation-Protected Income Fund Class A	3.83%	4.36%	3.83%	4.24%	4.82%	3.32%	2.02%	2.46%	2.67%	1.90%	2.00%	1.73%
RCTIX River Canyon Total Return Bond Fund	7.27%	7.31%	7.89%	8.50%	5.98%	3.02%	5.97%	4.97%	3.30%	4.89%	2.16%	0.00%

Frequently Asked Questions

Can I hold both RCTIX and EARRX in my portfolio?

RCTIX and EARRX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RCTIX or EARRX?

RCTIX has higher volatility (0.81%) compared to EARRX (0.49%). In terms of maximum drawdown, RCTIX dropped -10.89% vs EARRX's -10.27%.

Which has better risk-adjusted returns?

EARRX currently has the higher Sharpe Ratio (2.47 vs 2.20), 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.