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RDFI vs. CCEF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RDFI and CCEF is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

RDFI vs. CCEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Dynamic Fixed Income ETF (RDFI) and Calamos CEF Income & Arbitrage ETF (CCEF). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RDFI:

1.30

CCEF:

0.94

Sortino Ratio

RDFI:

1.78

CCEF:

1.29

Omega Ratio

RDFI:

1.29

CCEF:

1.22

Calmar Ratio

RDFI:

0.99

CCEF:

0.99

Martin Ratio

RDFI:

4.14

CCEF:

4.35

Ulcer Index

RDFI:

2.72%

CCEF:

3.02%

Daily Std Dev

RDFI:

8.54%

CCEF:

13.62%

Max Drawdown

RDFI:

-25.42%

CCEF:

-13.25%

Current Drawdown

RDFI:

-2.87%

CCEF:

-2.45%

Returns By Period

In the year-to-date period, RDFI achieves a 1.72% return, which is significantly lower than CCEF's 2.42% return.


RDFI

YTD

1.72%

1M

3.70%

6M

0.97%

1Y

11.03%

5Y*

N/A

10Y*

N/A

CCEF

YTD

2.42%

1M

6.94%

6M

0.84%

1Y

12.68%

5Y*

N/A

10Y*

N/A

*Annualized

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RDFI vs. CCEF - Expense Ratio Comparison

RDFI has a 3.69% expense ratio, which is higher than CCEF's 2.74% expense ratio.


Risk-Adjusted Performance

RDFI vs. CCEF — Risk-Adjusted Performance Rank

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

RDFI
The Risk-Adjusted Performance Rank of RDFI is 8585
Overall Rank
The Sharpe Ratio Rank of RDFI is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of RDFI is 8787
Sortino Ratio Rank
The Omega Ratio Rank of RDFI is 9090
Omega Ratio Rank
The Calmar Ratio Rank of RDFI is 8181
Calmar Ratio Rank
The Martin Ratio Rank of RDFI is 8181
Martin Ratio Rank

CCEF
The Risk-Adjusted Performance Rank of CCEF is 8080
Overall Rank
The Sharpe Ratio Rank of CCEF is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of CCEF is 7575
Sortino Ratio Rank
The Omega Ratio Rank of CCEF is 8383
Omega Ratio Rank
The Calmar Ratio Rank of CCEF is 8181
Calmar Ratio Rank
The Martin Ratio Rank of CCEF is 8282
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.

RDFI vs. CCEF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Dynamic Fixed Income ETF (RDFI) and Calamos CEF Income & Arbitrage ETF (CCEF). 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 RDFI Sharpe Ratio is 1.30, which is higher than the CCEF Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of RDFI and CCEF, 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

RDFI vs. CCEF - Dividend Comparison

RDFI's dividend yield for the trailing twelve months is around 8.47%, more than CCEF's 8.10% yield.


TTM20242023202220212020
RDFI
Rareview Dynamic Fixed Income ETF
8.47%8.14%7.38%4.70%4.51%1.01%
CCEF
Calamos CEF Income & Arbitrage ETF
8.10%6.55%0.00%0.00%0.00%0.00%

Drawdowns

RDFI vs. CCEF - Drawdown Comparison

The maximum RDFI drawdown since its inception was -25.42%, which is greater than CCEF's maximum drawdown of -13.25%. Use the drawdown chart below to compare losses from any high point for RDFI and CCEF. For additional features, visit the drawdowns tool.


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Volatility

RDFI vs. CCEF - Volatility Comparison

The current volatility for Rareview Dynamic Fixed Income ETF (RDFI) is 1.61%, while Calamos CEF Income & Arbitrage ETF (CCEF) has a volatility of 3.80%. This indicates that RDFI experiences smaller price fluctuations and is considered to be less risky than CCEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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