RGHYX vs. BUFHX
RGHYX (RBC BlueBay High Yield Bond Fund) and BUFHX (Buffalo High Yield Fund) are both High Yield Bonds funds. Over the past 10 years, RGHYX returned 6.10%/yr vs 5.39%/yr for BUFHX. A 0.66 correlation means they provide meaningful diversification when combined. RGHYX charges 0.57%/yr vs 1.02%/yr for BUFHX.
Performance
RGHYX vs. BUFHX - Performance Comparison
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Returns By Period
In the year-to-date period, RGHYX achieves a 1.67% return, which is significantly lower than BUFHX's 1.99% return. Over the past 10 years, RGHYX has outperformed BUFHX with an annualized return of 6.10%, while BUFHX has yielded a comparatively lower 5.39% annualized return.
RGHYX
- 1D
- 0.10%
- 1M
- 0.74%
- YTD
- 1.67%
- 6M
- 2.08%
- 1Y
- 6.97%
- 3Y*
- 8.67%
- 5Y*
- 4.59%
- 10Y*
- 6.10%
BUFHX
- 1D
- 0.00%
- 1M
- 0.67%
- YTD
- 1.99%
- 6M
- 2.19%
- 1Y
- 4.89%
- 3Y*
- 8.27%
- 5Y*
- 4.85%
- 10Y*
- 5.39%
RGHYX vs. BUFHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RGHYX RBC BlueBay High Yield Bond Fund | 1.67% | 9.02% | 7.14% | 12.88% | -8.48% | 3.72% | 9.65% | 15.83% | -0.73% | 6.72% |
BUFHX Buffalo High Yield Fund | 1.99% | 5.11% | 10.35% | 11.68% | -5.53% | 5.52% | 9.26% | 12.33% | -2.26% | 5.98% |
Correlation
The correlation between RGHYX and BUFHX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012 | 0.66 |
The correlation between RGHYX and BUFHX shifts across timeframes, from 0.66 (all time) to 0.81 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RGHYX vs. BUFHX — Risk / Return Rank
RGHYX
BUFHX
RGHYX vs. BUFHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay High Yield Bond Fund (RGHYX) and Buffalo High Yield Fund (BUFHX). 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.
| RGHYX | BUFHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.43 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.73 | 2.35 | +0.38 |
| Martin ratioReturn relative to average drawdown | 12.65 | 9.94 | +2.71 |
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Drawdowns
RGHYX vs. BUFHX - Drawdown Comparison
The maximum RGHYX drawdown since its inception was -17.38%, smaller than the maximum BUFHX drawdown of -26.01%. Use the drawdown chart below to compare losses from any high point for RGHYX and BUFHX.
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Drawdown Indicators
| RGHYX | BUFHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.38% | -26.01% | +8.63% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -2.13% | -0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -4.01% | -3.83% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -12.79% | -9.98% | -2.81% |
Max Drawdown (10Y)Largest decline over 10 years | -17.38% | -18.74% | +1.36% |
Current DrawdownCurrent decline from peak | -0.10% | -0.09% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -1.47% | -2.02% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.57% | 0.50% | +0.07% |
Volatility
RGHYX vs. BUFHX - Volatility Comparison
RBC BlueBay High Yield Bond Fund (RGHYX) has a higher volatility of 0.77% compared to Buffalo High Yield Fund (BUFHX) at 0.60%. This indicates that RGHYX's price experiences larger fluctuations and is considered to be riskier than BUFHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RGHYX | BUFHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.77% | 0.60% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.15% | 1.97% | +0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.65% | 2.51% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.39% | 3.15% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.67% | 4.04% | +0.63% |
RGHYX vs. BUFHX - Expense Ratio Comparison
RGHYX has a 0.57% expense ratio, which is lower than BUFHX's 1.02% expense ratio.
Dividends
RGHYX vs. BUFHX - Dividend Comparison
RGHYX's dividend yield for the trailing twelve months is around 6.37%, less than BUFHX's 7.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUFHX Buffalo High Yield Fund | 7.08% | 6.84% | 8.03% | 6.41% | 8.05% | 7.24% | 4.11% | 4.21% | 5.17% | 4.57% | 3.85% | 5.51% |
RGHYX RBC BlueBay High Yield Bond Fund | 6.37% | 6.68% | 6.91% | 6.22% | 6.04% | 5.29% | 5.54% | 4.88% | 6.79% | 3.88% | 4.44% | 4.38% |
Frequently Asked Questions
RGHYX and BUFHX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RGHYX has higher volatility (0.77%) compared to BUFHX (0.60%). In terms of maximum drawdown, RGHYX dropped -17.38% vs BUFHX's -26.01%.
RGHYX currently has the higher Sharpe Ratio (2.74 vs 2.00), 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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