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RCTIX vs. EIFAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RCTIX and EIFAX is 0.13, 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. EIFAX - 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 Floating-Rate Advantage Fund (EIFAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RCTIX:

3.11

EIFAX:

2.02

Sortino Ratio

RCTIX:

4.88

EIFAX:

3.52

Omega Ratio

RCTIX:

1.66

EIFAX:

1.78

Calmar Ratio

RCTIX:

5.20

EIFAX:

1.84

Martin Ratio

RCTIX:

16.46

EIFAX:

8.52

Ulcer Index

RCTIX:

0.47%

EIFAX:

0.74%

Daily Std Dev

RCTIX:

2.43%

EIFAX:

3.14%

Max Drawdown

RCTIX:

-10.89%

EIFAX:

-38.15%

Current Drawdown

RCTIX:

-0.10%

EIFAX:

-0.00%

Returns By Period

In the year-to-date period, RCTIX achieves a 2.37% return, which is significantly higher than EIFAX's 0.80% return. Both investments have delivered pretty close results over the past 10 years, with RCTIX having a 4.90% annualized return and EIFAX not far ahead at 4.98%.


RCTIX

YTD

2.37%

1M

1.12%

6M

2.95%

1Y

7.52%

5Y*

5.43%

10Y*

4.90%

EIFAX

YTD

0.80%

1M

2.59%

6M

2.10%

1Y

6.32%

5Y*

8.17%

10Y*

4.98%

*Annualized

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RCTIX vs. EIFAX - Expense Ratio Comparison

RCTIX has a 0.89% expense ratio, which is higher than EIFAX's 0.47% expense ratio.


Risk-Adjusted Performance

RCTIX vs. EIFAX — Risk-Adjusted Performance Rank

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

RCTIX
The Risk-Adjusted Performance Rank of RCTIX is 9797
Overall Rank
The Sharpe Ratio Rank of RCTIX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of RCTIX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of RCTIX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of RCTIX is 9797
Calmar Ratio Rank
The Martin Ratio Rank of RCTIX is 9797
Martin Ratio Rank

EIFAX
The Risk-Adjusted Performance Rank of EIFAX is 9494
Overall Rank
The Sharpe Ratio Rank of EIFAX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of EIFAX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of EIFAX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of EIFAX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of EIFAX is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RCTIX vs. EIFAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for River Canyon Total Return Bond Fund (RCTIX) and Eaton Vance Floating-Rate Advantage Fund (EIFAX). 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.


The current RCTIX Sharpe Ratio is 3.11, which is higher than the EIFAX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of RCTIX and EIFAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

RCTIX vs. EIFAX - Dividend Comparison

RCTIX's dividend yield for the trailing twelve months is around 7.82%, less than EIFAX's 8.64% yield.


TTM20242023202220212020201920182017201620152014
RCTIX
River Canyon Total Return Bond Fund
7.82%7.89%8.51%5.98%3.02%5.96%4.97%3.30%4.89%3.56%5.74%0.00%
EIFAX
Eaton Vance Floating-Rate Advantage Fund
8.64%8.91%9.33%5.92%4.03%4.52%5.58%5.10%4.46%5.03%5.29%4.79%

Drawdowns

RCTIX vs. EIFAX - Drawdown Comparison

The maximum RCTIX drawdown since its inception was -10.89%, smaller than the maximum EIFAX drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for RCTIX and EIFAX. For additional features, visit the drawdowns tool.


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Volatility

RCTIX vs. EIFAX - Volatility Comparison

The current volatility for River Canyon Total Return Bond Fund (RCTIX) is 0.63%, while Eaton Vance Floating-Rate Advantage Fund (EIFAX) has a volatility of 0.88%. This indicates that RCTIX experiences smaller price fluctuations and is considered to be less risky than EIFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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