REBYX vs. RTHAX
Compare and contrast key facts about Russell Investments U.S. Small Cap Equity Fund (REBYX) and Russell Investments Tax-Exempt High Yield Bond Fund (RTHAX).
REBYX is managed by Russell. It was launched on Mar 29, 2000. RTHAX is managed by Russell. It was launched on May 31, 2015.
Performance
REBYX vs. RTHAX - Performance Comparison
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REBYX vs. RTHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
REBYX Russell Investments U.S. Small Cap Equity Fund | -0.86% | 8.86% | 8.16% | 13.81% | -16.14% | 26.28% | 13.04% | 23.74% | -12.22% | 2.12% |
RTHAX Russell Investments Tax-Exempt High Yield Bond Fund | -0.36% | 2.11% | 4.49% | 7.78% | -13.62% | 5.54% | 3.84% | 10.18% | 3.20% | 8.19% |
Returns By Period
In the year-to-date period, REBYX achieves a -0.86% return, which is significantly lower than RTHAX's -0.36% return. Over the past 10 years, REBYX has outperformed RTHAX with an annualized return of 8.00%, while RTHAX has yielded a comparatively lower 2.84% annualized return.
REBYX
- 1D
- -0.94%
- 1M
- -7.47%
- YTD
- -0.86%
- 6M
- 3.14%
- 1Y
- 18.70%
- 3Y*
- 9.18%
- 5Y*
- 3.74%
- 10Y*
- 8.00%
RTHAX
- 1D
- 0.21%
- 1M
- -2.54%
- YTD
- -0.36%
- 6M
- 1.02%
- 1Y
- 1.76%
- 3Y*
- 3.63%
- 5Y*
- 0.53%
- 10Y*
- 2.84%
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REBYX vs. RTHAX - Expense Ratio Comparison
REBYX has a 0.90% expense ratio, which is higher than RTHAX's 0.89% expense ratio.
Return for Risk
REBYX vs. RTHAX — Risk / Return Rank
REBYX
RTHAX
REBYX vs. RTHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments U.S. Small Cap Equity Fund (REBYX) and Russell Investments Tax-Exempt High Yield Bond Fund (RTHAX). 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.
| REBYX | RTHAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.30 | +0.53 |
Sortino ratioReturn per unit of downside risk | 1.30 | 0.44 | +0.86 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.11 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 0.35 | +0.79 |
Martin ratioReturn relative to average drawdown | 4.62 | 0.92 | +3.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| REBYX | RTHAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.30 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.11 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.57 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.62 | -0.31 |
Correlation
The correlation between REBYX and RTHAX is 0.06, 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
REBYX vs. RTHAX - Dividend Comparison
REBYX's dividend yield for the trailing twelve months is around 8.35%, more than RTHAX's 4.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REBYX Russell Investments U.S. Small Cap Equity Fund | 8.35% | 8.28% | 13.03% | 2.64% | 5.30% | 31.12% | 0.64% | 4.46% | 18.61% | 0.33% | 0.88% | 8.23% |
RTHAX Russell Investments Tax-Exempt High Yield Bond Fund | 4.27% | 3.60% | 4.02% | 3.97% | 3.64% | 2.80% | 3.10% | 3.83% | 3.86% | 3.44% | 4.06% | 0.00% |
Drawdowns
REBYX vs. RTHAX - Drawdown Comparison
The maximum REBYX drawdown since its inception was -62.03%, which is greater than RTHAX's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for REBYX and RTHAX.
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Drawdown Indicators
| REBYX | RTHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.03% | -18.89% | -43.14% |
Max Drawdown (1Y)Largest decline over 1 year | -13.85% | -6.55% | -7.30% |
Max Drawdown (5Y)Largest decline over 5 years | -32.68% | -18.89% | -13.79% |
Max Drawdown (10Y)Largest decline over 10 years | -44.79% | -18.89% | -25.90% |
Current DrawdownCurrent decline from peak | -9.16% | -2.54% | -6.62% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -3.78% | -7.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.49% | +0.93% |
Volatility
REBYX vs. RTHAX - Volatility Comparison
Russell Investments U.S. Small Cap Equity Fund (REBYX) has a higher volatility of 6.02% compared to Russell Investments Tax-Exempt High Yield Bond Fund (RTHAX) at 1.14%. This indicates that REBYX's price experiences larger fluctuations and is considered to be riskier than RTHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REBYX | RTHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.02% | 1.14% | +4.88% |
Volatility (6M)Calculated over the trailing 6-month period | 12.78% | 1.62% | +11.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.16% | 6.87% | +15.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.76% | 5.08% | +17.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.48% | 4.96% | +18.52% |