RDFI vs. CEFS
Compare and contrast key facts about Rareview Dynamic Fixed Income ETF (RDFI) and Saba Closed-End Funds ETF (CEFS).
RDFI and CEFS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RDFI is an actively managed fund by Rareview Funds. It was launched on Oct 20, 2020. CEFS is an actively managed fund by Exchange Traded Concepts. It was launched on Mar 21, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RDFI or CEFS.
Correlation
The correlation between RDFI and CEFS is 0.52, 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. CEFS - Performance Comparison
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Key characteristics
RDFI:
1.30
CEFS:
1.12
RDFI:
1.78
CEFS:
1.55
RDFI:
1.29
CEFS:
1.24
RDFI:
0.99
CEFS:
1.18
RDFI:
4.14
CEFS:
5.00
RDFI:
2.72%
CEFS:
3.17%
RDFI:
8.54%
CEFS:
13.97%
RDFI:
-25.42%
CEFS:
-38.99%
RDFI:
-2.87%
CEFS:
-1.46%
Returns By Period
In the year-to-date period, RDFI achieves a 1.72% return, which is significantly lower than CEFS's 4.63% return.
RDFI
1.72%
3.70%
0.97%
11.03%
N/A
N/A
CEFS
4.63%
8.63%
3.92%
15.49%
16.99%
N/A
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RDFI vs. CEFS - Expense Ratio Comparison
RDFI has a 3.69% expense ratio, which is lower than CEFS's 3.80% expense ratio.
Risk-Adjusted Performance
RDFI vs. CEFS — Risk-Adjusted Performance Rank
RDFI
CEFS
RDFI vs. CEFS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rareview Dynamic Fixed Income ETF (RDFI) and Saba Closed-End Funds ETF (CEFS). 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.
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Dividends
RDFI vs. CEFS - Dividend Comparison
RDFI's dividend yield for the trailing twelve months is around 8.47%, less than CEFS's 8.62% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|---|
RDFI Rareview Dynamic Fixed Income ETF | 8.47% | 8.14% | 7.38% | 4.70% | 4.51% | 1.01% | 0.00% | 0.00% | 0.00% |
CEFS Saba Closed-End Funds ETF | 8.62% | 8.79% | 9.20% | 11.32% | 10.73% | 8.61% | 7.56% | 9.84% | 6.28% |
Drawdowns
RDFI vs. CEFS - Drawdown Comparison
The maximum RDFI drawdown since its inception was -25.42%, smaller than the maximum CEFS drawdown of -38.99%. Use the drawdown chart below to compare losses from any high point for RDFI and CEFS. For additional features, visit the drawdowns tool.
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Volatility
RDFI vs. CEFS - Volatility Comparison
The current volatility for Rareview Dynamic Fixed Income ETF (RDFI) is 1.61%, while Saba Closed-End Funds ETF (CEFS) has a volatility of 3.10%. This indicates that RDFI experiences smaller price fluctuations and is considered to be less risky than CEFS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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