RDFI vs. RTAI

Last updated Jun 4, 2026

RDFI (Rareview Dynamic Fixed Income ETF) and RTAI (Rareview Tax Advantaged Income ETF) are both exchange-traded funds - RDFI is a Multisector Bonds fund actively managed by Rareview Funds, while RTAI is a Municipal Bonds fund actively managed by Rareview Funds. Both are actively managed. Over the past 5 years, RDFI returned 2.68%/yr vs -0.79%/yr for RTAI. A 0.71 correlation means they provide meaningful diversification when combined. RDFI charges 3.69%/yr vs 3.78%/yr for RTAI.

Performance

RDFI vs. RTAI - Performance Comparison

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

Returns By Period

In the year-to-date period, RDFI achieves a 1.30% return, which is significantly lower than RTAI's 2.45% return.

RDFI

• 1D: -0.53%
• 1M: -0.20%
• YTD: 1.30%
• 6M: 1.38%
• 1Y: 8.58%
• 3Y*: 10.47%
• 5Y*: 2.68%
• 10Y*: —

RTAI

• 1D: -0.33%
• 1M: 1.63%
• YTD: 2.45%
• 6M: 2.47%
• 1Y: 10.41%
• 3Y*: 7.25%
• 5Y*: -0.79%
• 10Y*: —

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

RDFI vs. RTAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RDFI Rareview Dynamic Fixed Income ETF	1.30%	9.83%	13.15%	8.57%	-17.06%	12.51%	8.65%
RTAI Rareview Tax Advantaged Income ETF	2.45%	5.54%	7.17%	4.33%	-22.55%	10.62%	5.10%

Correlation

The correlation between RDFI and RTAI is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 22, 2020	0.71

The correlation between RDFI and RTAI has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.

RDFI vs. RTAI - Sectors Allocation Comparison

Sectors	RDFI	RTAI
Financial Services	57.4%	99.0%
Energy	32.0%	-
Utilities	3.7%	-
Real Estate	2.2%	-
Industrials	2.0%	-
Technology	1.7%	-
Consumer Cyclical	0.4%	-
Basic Materials	0.3%	-
Communication Services	0.1%	-
Consumer Defensive	0.1%	-
Healthcare	0.0%	-

Return for Risk

RDFI vs. RTAI — Risk / Return Rank

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

RDFI

RDFI Risk / Return Rank: 31
RDFI Sharpe Ratio Rank: 34
RDFI Sortino Ratio Rank: 32
RDFI Omega Ratio Rank: 37
RDFI Calmar Ratio Rank: 23
RDFI Martin Ratio Rank: 29

RTAI

RTAI Risk / Return Rank: 46
RTAI Sharpe Ratio Rank: 46
RTAI Sortino Ratio Rank: 54
RTAI Omega Ratio Rank: 52
RTAI Calmar Ratio Rank: 35
RTAI Martin Ratio Rank: 43

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.

RDFI vs. RTAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Dynamic Fixed Income ETF (RDFI) and Rareview Tax Advantaged Income ETF (RTAI). 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.

	RDFI	RTAI	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.58	-0.36
Sortino ratio: Return per unit of downside risk	1.71	2.56	-0.85
Omega ratio: Gain probability vs. loss probability	1.24	1.32	-0.07
Calmar ratio: Return relative to maximum drawdown	1.08	1.69	-0.61
Martin ratio: Return relative to average drawdown	4.10	6.90	-2.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDFI vs. RTAI - Sharpe Ratio Comparison

The current RDFI Sharpe Ratio is 1.22, which is comparable to the RTAI Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of RDFI and RTAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RDFI	RTAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.58	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	-0.09	+0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.17	+0.59

Drawdowns

RDFI vs. RTAI - Drawdown Comparison

The maximum RDFI drawdown since its inception was -23.71%, smaller than the maximum RTAI drawdown of -34.32%. Use the drawdown chart below to compare losses from any high point for RDFI and RTAI.

Drawdown Indicators

	RDFI	RTAI	Difference
Max Drawdown Largest peak-to-trough decline	-23.71%	-34.32%	+10.61%
Max Drawdown (1Y) Largest decline over 1 year	-8.01%	-6.18%	-1.83%
Max Drawdown (3Y) Largest decline over 3 years	-10.41%	-15.71%	+5.30%
Max Drawdown (5Y) Largest decline over 5 years	-23.71%	-34.32%	+10.61%
Current Drawdown Current decline from peak	-3.22%	-7.64%	+4.42%
Average Drawdown Average peak-to-trough decline	-7.21%	-13.83%	+6.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	1.51%	+0.59%

Volatility

RDFI vs. RTAI - Volatility Comparison

The current volatility for Rareview Dynamic Fixed Income ETF (RDFI) is 2.34%, while Rareview Tax Advantaged Income ETF (RTAI) has a volatility of 2.77%. This indicates that RDFI experiences smaller price fluctuations and is considered to be less risky than RTAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDFI	RTAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.34%	2.77%	-0.43%
Volatility (6M) Calculated over the trailing 6-month period	6.24%	5.36%	+0.88%
Volatility (1Y) Calculated over the trailing 1-year period	7.05%	6.62%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.15%	9.34%	-1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.96%	9.05%	-1.09%

RDFI vs. RTAI - Expense Ratio Comparison

RDFI has a 3.69% expense ratio, which is lower than RTAI's 3.78% expense ratio.

Dividends

RDFI vs. RTAI - Dividend Comparison

RDFI's dividend yield for the trailing twelve months is around 8.34%, more than RTAI's 5.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
RDFI Rareview Dynamic Fixed Income ETF	8.34%	8.17%	8.14%	7.38%	4.70%	6.78%	1.01%
RTAI Rareview Tax Advantaged Income ETF	5.05%	5.66%	5.02%	3.07%	3.71%	4.73%	0.48%

Frequently Asked Questions

Can I hold both RDFI and RTAI in my portfolio?

RDFI and RTAI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDFI or RTAI?

RTAI has higher volatility (2.77%) compared to RDFI (2.34%). In terms of maximum drawdown, RDFI dropped -23.71% vs RTAI's -34.32%.

Which ETF is better, RDFI or RTAI?

On 5-year performance, RDFI leads with 2.68% vs -0.79% for RTAI. On fees, RDFI is cheaper at 3.69% per year. On volatility, RDFI has been the lower-risk option at 2.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDFI or RTAI?

Over the 5-year period, RDFI has performed better with a 2.68% return vs -0.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDFI or RTAI?

RDFI is cheaper with a 3.69% expense ratio, compared with 3.78% for RTAI.

Which ETF pays a higher dividend yield, RDFI or RTAI?

RDFI has the higher dividend yield at 8.34%, compared with 5.05% for RTAI.

What is the main difference between RDFI and RTAI?

RDFI is categorized as Multisector Bonds, while RTAI is Municipal Bonds. Their fees differ too: 3.69% for RDFI and 3.78% for RTAI.

Which has better risk-adjusted returns?

RTAI currently has the higher Sharpe Ratio (1.58 vs 1.22), 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.