RFXIX vs. DBL
RFXIX (Rational Special Situations Income Fund) and DBL (DoubleLine Opportunistic Credit Fund) are both Multisector Bonds funds. Over the past 5 years, RFXIX returned 4.21%/yr vs 2.12%/yr for DBL. At a 0.13 correlation, their price movements are largely independent. RFXIX charges 1.76%/yr vs 2.43%/yr for DBL.
Performance
RFXIX vs. DBL - Performance Comparison
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Returns By Period
In the year-to-date period, RFXIX achieves a 1.90% return, which is significantly higher than DBL's -1.92% return.
RFXIX
- 1D
- 0.00%
- 1M
- 0.40%
- YTD
- 1.90%
- 6M
- 1.76%
- 1Y
- 4.82%
- 3Y*
- 5.75%
- 5Y*
- 4.21%
- 10Y*
- —
DBL
- 1D
- -0.28%
- 1M
- 0.69%
- YTD
- -1.92%
- 6M
- -1.73%
- 1Y
- 1.18%
- 3Y*
- 8.46%
- 5Y*
- 2.12%
- 10Y*
- 1.98%
RFXIX vs. DBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RFXIX Rational Special Situations Income Fund | 1.90% | 4.73% | 8.95% | 4.08% | -0.85% | 5.30% | 2.84% | 1.91% |
DBL DoubleLine Opportunistic Credit Fund | -1.92% | 7.16% | 10.05% | 13.11% | -15.83% | 4.61% | 3.93% | 3.25% |
Correlation
The correlation between RFXIX and DBL is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019 | 0.13 |
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Return for Risk
RFXIX vs. DBL — Risk / Return Rank
RFXIX
DBL
RFXIX vs. DBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rational Special Situations Income Fund (RFXIX) and DoubleLine Opportunistic Credit Fund (DBL). 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.
| RFXIX | DBL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.38 | ||
| Sortino ratioReturn per unit of downside risk | +4.99 | ||
| Omega ratioGain probability vs. loss probability | 2.06 | 1.04 | +1.02 |
| Calmar ratioReturn relative to maximum drawdown | 6.87 | 0.21 | +6.66 |
| Martin ratioReturn relative to average drawdown | 28.10 | 0.53 | +27.56 |
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Drawdowns
RFXIX vs. DBL - Drawdown Comparison
The maximum RFXIX drawdown since its inception was -12.91%, smaller than the maximum DBL drawdown of -26.45%. Use the drawdown chart below to compare losses from any high point for RFXIX and DBL.
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Drawdown Indicators
| RFXIX | DBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.91% | -26.45% | +13.54% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | -5.72% | +5.00% |
Max Drawdown (3Y)Largest decline over 3 years | -1.05% | -5.72% | +4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -4.93% | -24.54% | +19.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.45% | — |
Current DrawdownCurrent decline from peak | -0.11% | -2.86% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -0.86% | -6.84% | +5.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 2.22% | -2.04% |
Volatility
RFXIX vs. DBL - Volatility Comparison
The current volatility for Rational Special Situations Income Fund (RFXIX) is 0.37%, while DoubleLine Opportunistic Credit Fund (DBL) has a volatility of 0.91%. This indicates that RFXIX experiences smaller price fluctuations and is considered to be less risky than DBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RFXIX | DBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 0.91% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 0.78% | 5.24% | -4.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.40% | 6.94% | -5.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.96% | 11.52% | -9.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.94% | 14.45% | -11.51% |
RFXIX vs. DBL - Expense Ratio Comparison
RFXIX has a 1.76% expense ratio, which is lower than DBL's 2.43% expense ratio.
Dividends
RFXIX vs. DBL - Dividend Comparison
RFXIX's dividend yield for the trailing twelve months is around 5.39%, less than DBL's 9.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBL DoubleLine Opportunistic Credit Fund | 9.23% | 8.66% | 8.52% | 8.60% | 8.89% | 7.17% | 8.69% | 6.83% | 10.27% | 9.03% | 8.68% | 9.35% |
RFXIX Rational Special Situations Income Fund | 5.39% | 5.02% | 6.69% | 7.85% | 6.08% | 5.04% | 4.99% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RFXIX and DBL have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBL has higher volatility (0.91%) compared to RFXIX (0.37%). In terms of maximum drawdown, RFXIX dropped -12.91% vs DBL's -26.45%.
RFXIX currently has the higher Sharpe Ratio (3.55 vs 0.17), 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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