RIGS vs. FXAIX
Compare and contrast key facts about RiverFront Strategic Income Fund (RIGS) and Fidelity 500 Index Fund (FXAIX).
RIGS is an actively managed fund by SS&C. It was launched on Oct 9, 2013. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RIGS or FXAIX.
Correlation
The correlation between RIGS and FXAIX is 0.34, 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
RIGS vs. FXAIX - Performance Comparison
Key characteristics
RIGS:
0.45
FXAIX:
2.03
RIGS:
0.66
FXAIX:
2.71
RIGS:
1.08
FXAIX:
1.38
RIGS:
1.05
FXAIX:
3.03
RIGS:
2.45
FXAIX:
13.52
RIGS:
1.20%
FXAIX:
1.89%
RIGS:
6.49%
FXAIX:
12.59%
RIGS:
-15.31%
FXAIX:
-33.79%
RIGS:
-2.80%
FXAIX:
-3.54%
Returns By Period
In the year-to-date period, RIGS achieves a 2.42% return, which is significantly lower than FXAIX's 24.76% return. Over the past 10 years, RIGS has underperformed FXAIX with an annualized return of 2.95%, while FXAIX has yielded a comparatively higher 12.94% annualized return.
RIGS
2.42%
-0.82%
1.73%
3.00%
1.58%
2.95%
FXAIX
24.76%
-0.24%
7.73%
24.84%
14.60%
12.94%
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RIGS vs. FXAIX - Expense Ratio Comparison
RIGS has a 0.48% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
RIGS vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Strategic Income Fund (RIGS) and Fidelity 500 Index Fund (FXAIX). 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
RIGS vs. FXAIX - Dividend Comparison
RIGS's dividend yield for the trailing twelve months is around 4.58%, more than FXAIX's 0.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIGS RiverFront Strategic Income Fund | 4.58% | 3.49% | 2.72% | 2.47% | 3.44% | 3.87% | 4.54% | 4.45% | 4.47% | 3.60% | 3.32% | 0.46% |
FXAIX Fidelity 500 Index Fund | 0.89% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
RIGS vs. FXAIX - Drawdown Comparison
The maximum RIGS drawdown since its inception was -15.31%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for RIGS and FXAIX. For additional features, visit the drawdowns tool.
Volatility
RIGS vs. FXAIX - Volatility Comparison
The current volatility for RiverFront Strategic Income Fund (RIGS) is 2.71%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.65%. This indicates that RIGS experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.