RFRAX vs. DFRTX

Last updated Jun 3, 2026

RFRAX (Columbia Floating Rate Fund) and DFRTX (DWS Floating Rate Fund) are both Bank Loan funds. A 0.56 correlation means they provide meaningful diversification when combined. RFRAX charges 1.02%/yr vs 0.78%/yr for DFRTX.

Performance

RFRAX vs. DFRTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Floating Rate Fund (RFRAX) and DWS Floating Rate Fund (DFRTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RFRAX

• 1D: 0.06%
• 1M: 0.72%
• YTD: 1.46%
• 6M: 1.99%
• 1Y: 5.25%
• 3Y*: 7.00%
• 5Y*: 4.59%
• 10Y*: 4.34%

DFRTX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RFRAX vs. DFRTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RFRAX Columbia Floating Rate Fund	1.46%	5.83%	6.55%	11.01%	-2.90%	4.53%	1.03%	7.60%	0.08%	3.82%
DFRTX DWS Floating Rate Fund	0.51%	3.50%	7.82%	11.54%	-1.54%	3.85%	1.12%	8.66%	-0.49%	1.68%

Correlation

The correlation between RFRAX and DFRTX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007	0.56

Over the past year, the correlation between RFRAX and DFRTX has dropped to 0.17 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

Return for Risk

RFRAX vs. DFRTX — Risk / Return Rank

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

RFRAX

RFRAX Risk / Return Rank: 77
RFRAX Sharpe Ratio Rank: 64
RFRAX Sortino Ratio Rank: 96
RFRAX Omega Ratio Rank: 95
RFRAX Calmar Ratio Rank: 74
RFRAX Martin Ratio Rank: 59

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.

RFRAX vs. DFRTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Floating Rate Fund (RFRAX) and DWS Floating Rate Fund (DFRTX). 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.

	RFRAX	DFRTX	Difference
Sharpe ratio Return per unit of total volatility	2.35	—	—
Sortino ratio Return per unit of downside risk	5.21	—	—
Omega ratio Gain probability vs. loss probability	1.76	—	—
Calmar ratio Return relative to maximum drawdown	3.37	—	—
Martin ratio Return relative to average drawdown	11.74	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RFRAX	DFRTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.75	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	—	—

Drawdowns

Drawdown Indicators

	RFRAX	DFRTX	Difference
Max Drawdown Largest peak-to-trough decline	-33.04%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.72%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-21.74%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-2.26%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.49%	—	—

Volatility

Volatility by Period

	RFRAX	DFRTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.26%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.64%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.82%	—	—

RFRAX vs. DFRTX - Expense Ratio Comparison

RFRAX has a 1.02% expense ratio, which is higher than DFRTX's 0.78% expense ratio.

Dividends

RFRAX vs. DFRTX - Dividend Comparison

RFRAX's dividend yield for the trailing twelve months is around 6.51%, more than DFRTX's 4.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFRTX DWS Floating Rate Fund	4.84%	6.04%	8.77%	8.33%	4.36%	3.41%	3.84%	4.90%	4.30%	4.49%	4.86%	4.73%
RFRAX Columbia Floating Rate Fund	6.51%	6.81%	6.62%	7.60%	4.44%	3.08%	3.44%	4.82%	4.41%	3.52%	3.85%	4.10%

Frequently Asked Questions

Can I hold both RFRAX and DFRTX in my portfolio?

RFRAX and DFRTX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.