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.
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
Key characteristics
RGHYX:
2.09
RCTIX:
3.32
RGHYX:
2.74
RCTIX:
5.12
RGHYX:
1.48
RCTIX:
1.70
RGHYX:
1.53
RCTIX:
5.33
RGHYX:
7.96
RCTIX:
17.41
RGHYX:
0.87%
RCTIX:
0.45%
RGHYX:
3.32%
RCTIX:
2.38%
RGHYX:
-17.38%
RCTIX:
-10.89%
RGHYX:
-2.92%
RCTIX:
-0.99%
Returns By Period
In the year-to-date period, RGHYX achieves a -0.84% return, which is significantly lower than RCTIX's 1.44% return. Over the past 10 years, RGHYX has underperformed RCTIX with an annualized return of 4.60%, while RCTIX has yielded a comparatively higher 4.84% annualized return.
RGHYX
-0.84%
-2.14%
-0.73%
6.92%
4.95%
4.60%
RCTIX
1.44%
-0.70%
1.74%
7.81%
5.56%
4.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 Rank
RGHYX
RCTIX
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 6.41%, less than RCTIX's 7.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGHYX RBC BlueBay High Yield Bond Fund | 6.41% | 6.92% | 6.23% | 5.54% | 4.28% | 4.30% | 4.88% | 6.79% | 3.88% | 4.45% | 3.60% | 5.06% |
RCTIX River Canyon Total Return Bond Fund | 7.82% | 7.90% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% | 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
RBC BlueBay High Yield Bond Fund (RGHYX) has a higher volatility of 2.10% compared to River Canyon Total Return Bond Fund (RCTIX) at 0.86%. This indicates that RGHYX's price experiences larger fluctuations and is considered to be riskier than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.