RFCI vs. CMDT
RFCI (RiverFront Dynamic Core Income ETF) and CMDT (PIMCO Commodity Strategy Active Exchange-Traded Fund) are both exchange-traded funds - RFCI is a Multisector Bonds fund actively managed by SS&C, while CMDT is a Commodities fund tracking the Bloomberg Roll Select Commodity Total Return Index. RFCI is actively managed, while CMDT is passively managed. Over the past 3 years, RFCI returned 4.63%/yr vs 12.77%/yr for CMDT. At a correlation of -0.08, they often move in opposite directions. RFCI charges 0.54%/yr vs 0.65%/yr for CMDT.
Performance
RFCI vs. CMDT - Performance Comparison
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Returns By Period
In the year-to-date period, RFCI achieves a 0.35% return, which is significantly lower than CMDT's 13.43% return.
RFCI
- 1D
- 0.11%
- 1M
- 0.56%
- YTD
- 0.35%
- 6M
- 0.55%
- 1Y
- 3.92%
- 3Y*
- 4.63%
- 5Y*
- 1.21%
- 10Y*
- 2.08%
CMDT
- 1D
- -1.14%
- 1M
- -8.86%
- YTD
- 13.43%
- 6M
- 13.42%
- 1Y
- 21.34%
- 3Y*
- 12.77%
- 5Y*
- —
- 10Y*
- —
RFCI vs. CMDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RFCI RiverFront Dynamic Core Income ETF | 0.35% | 6.85% | 2.64% | 3.98% |
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund | 13.43% | 12.78% | 6.93% | 5.37% |
Correlation
The correlation between RFCI and CMDT is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since May 10, 2023 | -0.08 |
The correlation between RFCI and CMDT shifts across timeframes, from -0.22 (1 year) to -0.07 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
RFCI vs. CMDT — Risk / Return Rank
RFCI
CMDT
RFCI vs. CMDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Dynamic Core Income ETF (RFCI) and PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT). 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.
| RFCI | CMDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.29 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.93 | -0.44 |
| Martin ratioReturn relative to average drawdown | 4.24 | 9.62 | -5.38 |
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Drawdowns
RFCI vs. CMDT - Drawdown Comparison
The maximum RFCI drawdown since its inception was -14.18%, which is greater than CMDT's maximum drawdown of -11.11%. Use the drawdown chart below to compare losses from any high point for RFCI and CMDT.
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Drawdown Indicators
| RFCI | CMDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.18% | -11.11% | -3.07% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -11.11% | +8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -5.10% | -11.11% | +6.01% |
Max Drawdown (5Y)Largest decline over 5 years | -13.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -14.18% | — | — |
Current DrawdownCurrent decline from peak | -1.16% | -11.11% | +9.95% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -2.77% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 2.25% | -1.32% |
Volatility
RFCI vs. CMDT - Volatility Comparison
The current volatility for RiverFront Dynamic Core Income ETF (RFCI) is 1.00%, while PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) has a volatility of 3.26%. This indicates that RFCI experiences smaller price fluctuations and is considered to be less risky than CMDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RFCI | CMDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 3.26% | -2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 10.60% | -7.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 12.65% | -9.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.13% | 12.24% | -7.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 12.24% | -7.30% |
RFCI vs. CMDT - Expense Ratio Comparison
RFCI has a 0.54% expense ratio, which is lower than CMDT's 0.65% expense ratio.
Dividends
RFCI vs. CMDT - Dividend Comparison
RFCI's dividend yield for the trailing twelve months is around 4.55%, more than CMDT's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund | 2.67% | 3.04% | 8.80% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RFCI RiverFront Dynamic Core Income ETF | 4.55% | 4.55% | 4.30% | 3.55% | 2.26% | 3.45% | 2.04% | 2.66% | 2.76% | 2.03% | 1.97% |
Frequently Asked Questions
RFCI and CMDT have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMDT has higher volatility (3.26%) compared to RFCI (1.00%). In terms of maximum drawdown, RFCI dropped -14.18% vs CMDT's -11.11%.
On 3-year performance, CMDT leads with 12.77% vs 4.63% for RFCI. On fees, RFCI is cheaper at 0.54% per year. On volatility, RFCI has been the lower-risk option at 1.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, CMDT has performed better with a 12.77% return vs 4.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RFCI is cheaper with a 0.54% expense ratio, compared with 0.65% for CMDT.
RFCI has the higher dividend yield at 4.55%, compared with 2.67% for CMDT.
RFCI is categorized as Multisector Bonds, while CMDT is Commodities. They also come from different issuers: SS&C and PIMCO. Their fees differ too: 0.54% for RFCI and 0.65% for CMDT.
CMDT currently has the higher Sharpe Ratio (1.71 vs 1.12), 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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