RCTIX vs. PHK

Last updated Apr 1, 2026

Compare and contrast key facts about River Canyon Total Return Bond Fund (RCTIX) and PIMCO High Income Fund (PHK).

RCTIX is managed by River Canyon. It was launched on Dec 30, 2014.

Performance

RCTIX vs. PHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in River Canyon Total Return Bond Fund (RCTIX) and PIMCO High Income Fund (PHK). The values are adjusted to include any dividend payments, if applicable.

RCTIX vs. PHK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RCTIX River Canyon Total Return Bond Fund	-0.97%	7.75%	7.49%	10.02%	-4.07%	4.26%	6.42%	11.71%	1.82%	9.76%
PHK PIMCO High Income Fund	-1.88%	12.63%	9.46%	18.84%	-14.41%	10.97%	-10.10%	3.44%	20.86%	-8.66%

Returns By Period

In the year-to-date period, RCTIX achieves a -0.97% return, which is significantly higher than PHK's -1.88% return. Over the past 10 years, RCTIX has outperformed PHK with an annualized return of 5.54%, while PHK has yielded a comparatively lower 4.73% annualized return.

RCTIX

• 1D: -0.41%
• 1M: -1.50%
• YTD: -0.97%
• 6M: 0.18%
• 1Y: 4.55%
• 3Y*: 7.05%
• 5Y*: 4.20%
• 10Y*: 5.54%

PHK

• 1D: 4.28%
• 1M: -4.36%
• YTD: -1.88%
• 6M: -1.57%
• 1Y: 6.65%
• 3Y*: 11.48%
• 5Y*: 3.58%
• 10Y*: 4.73%

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

Return for Risk

RCTIX vs. PHK — Risk / Return Rank

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

RCTIX

RCTIX Risk / Return Rank: 92
RCTIX Sharpe Ratio Rank: 92
RCTIX Sortino Ratio Rank: 93
RCTIX Omega Ratio Rank: 89
RCTIX Calmar Ratio Rank: 94
RCTIX Martin Ratio Rank: 94

PHK

PHK Risk / Return Rank: 59
PHK Sharpe Ratio Rank: 60
PHK Sortino Ratio Rank: 49
PHK Omega Ratio Rank: 56
PHK Calmar Ratio Rank: 60
PHK Martin Ratio Rank: 69

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. PHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for River Canyon Total Return Bond Fund (RCTIX) and PIMCO High Income Fund (PHK). 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	PHK	Difference
Sharpe ratio Return per unit of total volatility	1.94	0.50	+1.45
Sortino ratio Return per unit of downside risk	2.81	0.73	+2.08
Omega ratio Gain probability vs. loss probability	1.39	1.13	+0.26
Calmar ratio Return relative to maximum drawdown	3.10	0.75	+2.34
Martin ratio Return relative to average drawdown	12.23	3.01	+9.22
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. PHK - Sharpe Ratio Comparison

The current RCTIX Sharpe Ratio is 1.94, which is higher than the PHK Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of RCTIX and PHK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RCTIX	PHK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	0.50	+1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.71	0.25	+1.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.49	0.23	+1.26
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	0.27	+1.02

Correlation

The correlation between RCTIX and PHK is 0.10, 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.

Dividends

RCTIX vs. PHK - Dividend Comparison

RCTIX's dividend yield for the trailing twelve months is around 6.83%, less than PHK's 12.44% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RCTIX River Canyon Total Return Bond Fund	6.83%	7.31%	7.89%	8.50%	5.98%	3.02%	5.97%	4.97%	3.30%	4.89%	2.16%	0.00%
PHK PIMCO High Income Fund	12.44%	11.85%	11.85%	11.54%	12.18%	9.37%	10.62%	10.57%	12.09%	13.29%	13.54%	16.98%

Drawdowns

RCTIX vs. PHK - Drawdown Comparison

The maximum RCTIX drawdown since its inception was -10.89%, smaller than the maximum PHK drawdown of -75.29%. Use the drawdown chart below to compare losses from any high point for RCTIX and PHK.

Drawdown Indicators

	RCTIX	PHK	Difference
Max Drawdown Largest peak-to-trough decline	-10.89%	-75.29%	+64.40%
Max Drawdown (1Y) Largest decline over 1 year	-1.50%	-9.22%	+7.72%
Max Drawdown (5Y) Largest decline over 5 years	-6.17%	-26.76%	+20.59%
Max Drawdown (10Y) Largest decline over 10 years	-10.89%	-51.30%	+40.41%
Current Drawdown Current decline from peak	-1.50%	-5.33%	+3.83%
Average Drawdown Average peak-to-trough decline	-1.09%	-9.83%	+8.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	2.35%	-1.97%

Volatility

RCTIX vs. PHK - Volatility Comparison

The current volatility for River Canyon Total Return Bond Fund (RCTIX) is 0.91%, while PIMCO High Income Fund (PHK) has a volatility of 8.01%. This indicates that RCTIX experiences smaller price fluctuations and is considered to be less risky than PHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCTIX	PHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.91%	8.01%	-7.10%
Volatility (6M) Calculated over the trailing 6-month period	1.59%	9.34%	-7.75%
Volatility (1Y) Calculated over the trailing 1-year period	2.31%	13.43%	-11.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.47%	14.56%	-12.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.74%	20.64%	-16.90%