RELVX vs. RMHYX
RELVX (Russell Investments LifePoints Equity Growth Strategy Fund) and RMHYX (Russell Investments Multifactor Bond Fund) are both mutual funds - RELVX is a Diversified Portfolio fund managed by Russell, while RMHYX is a Global Bonds fund managed by Russell. Over the past 5 years, RELVX returned 9.01%/yr vs -0.60%/yr for RMHYX. At a 0.14 correlation, their price movements are largely independent. RELVX charges 0.72%/yr vs 0.26%/yr for RMHYX.
Performance
RELVX vs. RMHYX - Performance Comparison
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Returns By Period
In the year-to-date period, RELVX achieves a 10.07% return, which is significantly higher than RMHYX's -0.12% return.
RELVX
- 1D
- -0.23%
- 1M
- 0.99%
- YTD
- 10.07%
- 6M
- 9.45%
- 1Y
- 23.68%
- 3Y*
- 16.98%
- 5Y*
- 9.01%
- 10Y*
- 9.59%
RMHYX
- 1D
- -0.64%
- 1M
- 1.39%
- YTD
- -0.12%
- 6M
- 0.01%
- 1Y
- 3.91%
- 3Y*
- 2.73%
- 5Y*
- -0.60%
- 10Y*
- —
RELVX vs. RMHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RELVX Russell Investments LifePoints Equity Growth Strategy Fund | 10.07% | 18.70% | 12.82% | 18.70% | -17.25% | 20.58% | 4.04% | 2.30% |
RMHYX Russell Investments Multifactor Bond Fund | -0.12% | 7.48% | -2.99% | 6.66% | -12.55% | -1.53% | 4.68% | 0.05% |
Correlation
The correlation between RELVX and RMHYX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2019 | 0.14 |
Over the past year, RELVX and RMHYX have become more correlated (0.37) than their long-term average of 0.14, meaning their price movements have been converging.
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Return for Risk
RELVX vs. RMHYX — Risk / Return Rank
RELVX
RMHYX
RELVX vs. RMHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments LifePoints Equity Growth Strategy Fund (RELVX) and Russell Investments Multifactor Bond Fund (RMHYX). 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.
| RELVX | RMHYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.11 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 0.77 | +2.05 |
| Martin ratioReturn relative to average drawdown | 12.36 | 2.08 | +10.28 |
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Drawdowns
RELVX vs. RMHYX - Drawdown Comparison
The maximum RELVX drawdown since its inception was -66.26%, which is greater than RMHYX's maximum drawdown of -21.15%. Use the drawdown chart below to compare losses from any high point for RELVX and RMHYX.
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Drawdown Indicators
| RELVX | RMHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.26% | -21.15% | -45.11% |
Max Drawdown (1Y)Largest decline over 1 year | -8.77% | -5.60% | -3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -15.29% | -9.87% | -5.42% |
Max Drawdown (5Y)Largest decline over 5 years | -25.53% | -19.31% | -6.22% |
Max Drawdown (10Y)Largest decline over 10 years | -34.08% | — | — |
Current DrawdownCurrent decline from peak | -0.68% | -6.80% | +6.12% |
Average DrawdownAverage peak-to-trough decline | -17.26% | -8.42% | -8.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 2.08% | -0.08% |
Volatility
RELVX vs. RMHYX - Volatility Comparison
Russell Investments LifePoints Equity Growth Strategy Fund (RELVX) has a higher volatility of 4.19% compared to Russell Investments Multifactor Bond Fund (RMHYX) at 1.94%. This indicates that RELVX's price experiences larger fluctuations and is considered to be riskier than RMHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RELVX | RMHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | 1.94% | +2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 9.17% | 4.85% | +4.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.29% | 6.60% | +4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.73% | 7.62% | +7.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.21% | 6.99% | +8.22% |
RELVX vs. RMHYX - Expense Ratio Comparison
RELVX has a 0.72% expense ratio, which is higher than RMHYX's 0.26% expense ratio.
Dividends
RELVX vs. RMHYX - Dividend Comparison
RELVX's dividend yield for the trailing twelve months is around 9.74%, more than RMHYX's 4.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RELVX Russell Investments LifePoints Equity Growth Strategy Fund | 9.74% | 10.67% | 0.80% | 1.15% | 5.74% | 8.12% | 1.67% | 3.09% | 5.24% | 2.47% | 1.82% | 1.15% |
RMHYX Russell Investments Multifactor Bond Fund | 4.29% | 3.61% | 5.10% | 0.34% | 8.97% | 4.59% | 1.43% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RELVX and RMHYX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RELVX has higher volatility (4.19%) compared to RMHYX (1.94%). In terms of maximum drawdown, RELVX dropped -66.26% vs RMHYX's -21.15%.
RELVX currently has the higher Sharpe Ratio (2.20 vs 0.66), 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.
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