RCTRX vs. SPTI

Last updated Jun 24, 2026

RCTRX (Regan Total Return Income Fund) and SPTI (SPDR Portfolio Intermediate Term Treasury ETF) are both funds - RCTRX is a Nontraditional Bonds fund managed by Regan, while SPTI is a Government Bonds fund tracking the Bloomberg 3-10 Year U.S. Treasury Bond Index. Over the past 5 years, RCTRX returned 4.38%/yr vs 0.09%/yr for SPTI. A 0.69 correlation means they provide meaningful diversification when combined. RCTRX charges 1.54%/yr vs 0.06%/yr for SPTI.

Performance

RCTRX vs. SPTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Regan Total Return Income Fund (RCTRX) and SPDR Portfolio Intermediate Term Treasury ETF (SPTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RCTRX achieves a 0.88% return, which is significantly higher than SPTI's -0.38% return.

RCTRX

• 1D: -0.10%
• 1M: 0.59%
• YTD: 0.88%
• 6M: 0.98%
• 1Y: 4.50%
• 3Y*: 5.97%
• 5Y*: 4.38%
• 10Y*: —

SPTI

• 1D: 0.14%
• 1M: 0.36%
• YTD: -0.38%
• 6M: -0.20%
• 1Y: 2.74%
• 3Y*: 3.56%
• 5Y*: 0.09%
• 10Y*: 1.27%

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

RCTRX vs. SPTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RCTRX Regan Total Return Income Fund	0.88%	6.56%	6.81%	7.29%	-2.23%	6.89%	2.60%
SPTI SPDR Portfolio Intermediate Term Treasury ETF	-0.38%	7.46%	1.32%	4.24%	-10.65%	-2.55%	0.06%

Correlation

The correlation between RCTRX and SPTI is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020	0.69

The correlation between RCTRX and SPTI shifts across timeframes, from 0.69 (all time) to 0.79 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

RCTRX vs. SPTI — Risk / Return Rank

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

RCTRX

RCTRX Risk / Return Rank: 84
RCTRX Sharpe Ratio Rank: 87
RCTRX Sortino Ratio Rank: 94
RCTRX Omega Ratio Rank: 91
RCTRX Calmar Ratio Rank: 76
RCTRX Martin Ratio Rank: 70

SPTI

SPTI Risk / Return Rank: 22
SPTI Sharpe Ratio Rank: 23
SPTI Sortino Ratio Rank: 23
SPTI Omega Ratio Rank: 21
SPTI Calmar Ratio Rank: 22
SPTI Martin Ratio Rank: 22

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.

RCTRX vs. SPTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Regan Total Return Income Fund (RCTRX) and SPDR Portfolio Intermediate Term Treasury ETF (SPTI). 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.

	RCTRX	SPTI	Difference
Sharpe ratio: Return per unit of total volatility	2.62	0.81	+1.80
Sortino ratio: Return per unit of downside risk	4.53	1.23	+3.31
Omega ratio: Gain probability vs. loss probability	1.62	1.14	+0.48
Calmar ratio: Return relative to maximum drawdown	3.28	0.98	+2.30
Martin ratio: Return relative to average drawdown	12.60	2.66	+9.94

RCTRX vs. SPTI - Sharpe Ratio Comparison

The current RCTRX Sharpe Ratio is 2.62, which is higher than the SPTI Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of RCTRX and SPTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RCTRX vs. SPTI - Drawdown Comparison

The maximum RCTRX drawdown since its inception was -4.66%, smaller than the maximum SPTI drawdown of -16.12%. Use the drawdown chart below to compare losses from any high point for RCTRX and SPTI.

Drawdown Indicators

	RCTRX	SPTI	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-16.12%	+11.46%
Max Drawdown (1Y) Largest decline over 1 year	-1.44%	-2.80%	+1.36%
Max Drawdown (3Y) Largest decline over 3 years	-1.96%	-4.35%	+2.39%
Max Drawdown (5Y) Largest decline over 5 years	-4.66%	-15.06%	+10.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-16.12%	—
Current Drawdown Current decline from peak	-0.22%	-2.35%	+2.13%
Average Drawdown Average peak-to-trough decline	-0.57%	-2.92%	+2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	1.03%	-0.65%

Volatility

RCTRX vs. SPTI - Volatility Comparison

The current volatility for Regan Total Return Income Fund (RCTRX) is 0.65%, while SPDR Portfolio Intermediate Term Treasury ETF (SPTI) has a volatility of 1.09%. This indicates that RCTRX experiences smaller price fluctuations and is considered to be less risky than SPTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCTRX	SPTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.65%	1.09%	-0.44%
Volatility (6M) Calculated over the trailing 6-month period	1.40%	2.47%	-1.07%
Volatility (1Y) Calculated over the trailing 1-year period	1.81%	3.40%	-1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.26%	5.36%	-3.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.20%	4.38%	-2.18%

RCTRX vs. SPTI - Expense Ratio Comparison

RCTRX has a 1.54% expense ratio, which is higher than SPTI's 0.06% expense ratio.

Dividends

RCTRX vs. SPTI - Dividend Comparison

RCTRX's dividend yield for the trailing twelve months is around 5.82%, more than SPTI's 3.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RCTRX Regan Total Return Income Fund	5.82%	4.40%	5.79%	5.98%	5.28%	10.59%	4.98%	0.00%	0.00%	0.00%	0.00%	0.00%
SPTI SPDR Portfolio Intermediate Term Treasury ETF	3.86%	3.79%	3.77%	2.99%	1.45%	0.53%	0.75%	2.02%	1.97%	1.46%	1.23%	1.18%

Frequently Asked Questions

Can I hold both RCTRX and SPTI in my portfolio?

RCTRX and SPTI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RCTRX or SPTI?

SPTI has higher volatility (1.09%) compared to RCTRX (0.65%). In terms of maximum drawdown, RCTRX dropped -4.66% vs SPTI's -16.12%.

Which has better risk-adjusted returns?

RCTRX currently has the higher Sharpe Ratio (2.62 vs 0.81), 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.