RFXIX vs. FTEC
Compare and contrast key facts about Rational Special Situations Income Fund (RFXIX) and Fidelity MSCI Information Technology Index ETF (FTEC).
RFXIX is managed by Rational Funds. It was launched on Jul 16, 2019. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RFXIX or FTEC.
Key characteristics
| RFXIX | FTEC | |
|---|---|---|
| YTD Return | 7.32% | 16.74% |
| 1Y Return | 8.33% | 32.91% |
| 3Y Return (Ann) | 3.81% | 11.48% |
| 5Y Return (Ann) | 4.02% | 22.35% |
| Sharpe Ratio | 4.86 | 1.58 |
| Daily Std Dev | 1.70% | 20.79% |
| Max Drawdown | -12.91% | -34.95% |
| Current Drawdown | -0.05% | -7.31% |
Correlation
The correlation between RFXIX and FTEC is 0.09, 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.
Performance
RFXIX vs. FTEC - Performance Comparison
In the year-to-date period, RFXIX achieves a 7.32% return, which is significantly lower than FTEC's 16.74% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RFXIX vs. FTEC - Expense Ratio Comparison
RFXIX has a 1.76% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
RFXIX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rational Special Situations Income Fund (RFXIX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
Dividends
RFXIX vs. FTEC - Dividend Comparison
RFXIX's dividend yield for the trailing twelve months is around 7.68%, more than FTEC's 0.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RFXIX Rational Special Situations Income Fund | 7.68% | 7.85% | 6.08% | 5.03% | 4.99% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.54% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
RFXIX vs. FTEC - Drawdown Comparison
The maximum RFXIX drawdown since its inception was -12.91%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for RFXIX and FTEC. For additional features, visit the drawdowns tool.
Volatility
RFXIX vs. FTEC - Volatility Comparison
The current volatility for Rational Special Situations Income Fund (RFXIX) is 0.44%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.13%. This indicates that RFXIX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.