RGEAX vs. RFAYX
Compare and contrast key facts about Russell Investments Global Equity Fund (RGEAX) and Russell Investments Investment Grade Bond Fund (RFAYX).
RGEAX is managed by Russell. It was launched on Feb 27, 2007. RFAYX is managed by Russell. It was launched on Mar 29, 2000.
Performance
RGEAX vs. RFAYX - Performance Comparison
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RGEAX vs. RFAYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RGEAX Russell Investments Global Equity Fund | -5.73% | 20.92% | 15.25% | 22.12% | -16.78% | 22.30% | 12.95% | 25.89% | -9.41% | 22.83% |
RFAYX Russell Investments Investment Grade Bond Fund | -0.40% | 7.47% | 1.57% | 4.85% | -14.80% | -1.09% | 9.10% | 9.03% | -0.56% | 3.57% |
Returns By Period
In the year-to-date period, RGEAX achieves a -5.73% return, which is significantly lower than RFAYX's -0.40% return. Over the past 10 years, RGEAX has outperformed RFAYX with an annualized return of 10.96%, while RFAYX has yielded a comparatively lower 1.62% annualized return.
RGEAX
- 1D
- -0.19%
- 1M
- -9.11%
- YTD
- -5.73%
- 6M
- -2.52%
- 1Y
- 15.16%
- 3Y*
- 14.51%
- 5Y*
- 8.52%
- 10Y*
- 10.96%
RFAYX
- 1D
- 0.44%
- 1M
- -2.12%
- YTD
- -0.40%
- 6M
- 0.60%
- 1Y
- 4.09%
- 3Y*
- 3.35%
- 5Y*
- -0.15%
- 10Y*
- 1.62%
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RGEAX vs. RFAYX - Expense Ratio Comparison
RGEAX has a 1.24% expense ratio, which is higher than RFAYX's 0.32% expense ratio.
Return for Risk
RGEAX vs. RFAYX — Risk / Return Rank
RGEAX
RFAYX
RGEAX vs. RFAYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments Global Equity Fund (RGEAX) and Russell Investments Investment Grade Bond Fund (RFAYX). 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.
| RGEAX | RFAYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.04 | -0.13 |
Sortino ratioReturn per unit of downside risk | 1.37 | 1.49 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.10 | 1.74 | -0.64 |
Martin ratioReturn relative to average drawdown | 5.25 | 5.27 | -0.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RGEAX | RFAYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.04 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | -0.03 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.33 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.75 | -0.40 |
Correlation
The correlation between RGEAX and RFAYX is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
RGEAX vs. RFAYX - Dividend Comparison
RGEAX's dividend yield for the trailing twelve months is around 8.83%, more than RFAYX's 5.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGEAX Russell Investments Global Equity Fund | 8.83% | 8.33% | 7.28% | 1.04% | 1.67% | 6.85% | 29.97% | 13.77% | 15.65% | 13.13% | 8.21% | 11.12% |
RFAYX Russell Investments Investment Grade Bond Fund | 5.35% | 5.19% | 4.74% | 3.71% | 1.25% | 2.50% | 5.27% | 3.46% | 2.67% | 1.57% | 5.45% | 4.09% |
Drawdowns
RGEAX vs. RFAYX - Drawdown Comparison
The maximum RGEAX drawdown since its inception was -56.78%, which is greater than RFAYX's maximum drawdown of -19.61%. Use the drawdown chart below to compare losses from any high point for RGEAX and RFAYX.
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Drawdown Indicators
| RGEAX | RFAYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.78% | -19.61% | -37.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.89% | -2.82% | -9.07% |
Max Drawdown (5Y)Largest decline over 5 years | -25.91% | -19.61% | -6.30% |
Max Drawdown (10Y)Largest decline over 10 years | -34.85% | -19.61% | -15.24% |
Current DrawdownCurrent decline from peak | -9.51% | -4.74% | -4.77% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -2.97% | -6.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 0.93% | +1.56% |
Volatility
RGEAX vs. RFAYX - Volatility Comparison
Russell Investments Global Equity Fund (RGEAX) has a higher volatility of 4.53% compared to Russell Investments Investment Grade Bond Fund (RFAYX) at 1.43%. This indicates that RGEAX's price experiences larger fluctuations and is considered to be riskier than RFAYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RGEAX | RFAYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.53% | 1.43% | +3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.85% | 2.36% | +6.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.88% | 4.13% | +12.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.39% | 5.88% | +10.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.15% | 4.89% | +12.26% |