RGHYX vs. RCTIX
Compare and contrast key facts about RBC BlueBay High Yield Bond Fund (RGHYX) and River Canyon Total Return Bond Fund (RCTIX).
RGHYX is managed by RBC Global Asset Management.. It was launched on Nov 30, 2011. RCTIX is managed by River Canyon. It was launched on Dec 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGHYX or RCTIX.
Key characteristics
| RGHYX | RCTIX | |
|---|---|---|
| YTD Return | 6.60% | 7.67% |
| 1Y Return | 13.22% | 12.11% |
| 3Y Return (Ann) | 3.23% | 4.36% |
| 5Y Return (Ann) | 5.16% | 4.79% |
| Sharpe Ratio | 3.36 | 4.30 |
| Daily Std Dev | 3.90% | 2.82% |
| Max Drawdown | -17.38% | -10.89% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between RGHYX and RCTIX is 0.26, 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
RGHYX vs. RCTIX - Performance Comparison
In the year-to-date period, RGHYX achieves a 6.60% return, which is significantly lower than RCTIX's 7.67% 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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RGHYX vs. RCTIX - Expense Ratio Comparison
RGHYX has a 0.57% expense ratio, which is lower than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
RGHYX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay High Yield Bond Fund (RGHYX) and River Canyon Total Return Bond Fund (RCTIX). 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
RGHYX vs. RCTIX - Dividend Comparison
RGHYX's dividend yield for the trailing twelve months is around 6.92%, less than RCTIX's 8.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGHYX RBC BlueBay High Yield Bond Fund | 6.92% | 6.23% | 5.53% | 5.67% | 5.54% | 4.88% | 6.70% | 3.83% | 4.42% | 4.34% | 8.45% | 6.90% |
RCTIX River Canyon Total Return Bond Fund | 8.04% | 8.51% | 5.98% | 3.02% | 5.96% | 4.97% | 3.30% | 4.89% | 3.56% | 5.74% | 0.00% | 0.00% |
Drawdowns
RGHYX vs. RCTIX - Drawdown Comparison
The maximum RGHYX drawdown since its inception was -17.38%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for RGHYX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
RGHYX vs. RCTIX - Volatility Comparison
The current volatility for RBC BlueBay High Yield Bond Fund (RGHYX) is 0.54%, while River Canyon Total Return Bond Fund (RCTIX) has a volatility of 0.69%. This indicates that RGHYX experiences smaller price fluctuations and is considered to be less risky than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.