RIGS vs. IYLD
Compare and contrast key facts about RiverFront Strategic Income Fund (RIGS) and iShares Morningstar Multi-Asset Income ETF (IYLD).
RIGS and IYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RIGS is an actively managed fund by SS&C. It was launched on Oct 9, 2013. IYLD is a passively managed fund by iShares that tracks the performance of the Morningstar Multi-Asset High Income Index. It was launched on Apr 5, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RIGS or IYLD.
Correlation
The correlation between RIGS and IYLD 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. IYLD - Performance Comparison
Loading data...
Key characteristics
RIGS:
0.65
IYLD:
1.09
RIGS:
1.10
IYLD:
1.67
RIGS:
1.14
IYLD:
1.24
RIGS:
1.26
IYLD:
1.13
RIGS:
4.06
IYLD:
4.40
RIGS:
1.61%
IYLD:
1.71%
RIGS:
9.38%
IYLD:
6.32%
RIGS:
-15.31%
IYLD:
-30.23%
RIGS:
-0.97%
IYLD:
0.00%
Returns By Period
In the year-to-date period, RIGS achieves a 1.44% return, which is significantly lower than IYLD's 6.32% return. Over the past 10 years, RIGS has outperformed IYLD with an annualized return of 2.97%, while IYLD has yielded a comparatively lower 2.77% annualized return.
RIGS
1.44%
2.22%
2.90%
6.23%
3.03%
2.97%
IYLD
6.32%
3.43%
4.40%
6.66%
4.29%
2.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RIGS vs. IYLD - Expense Ratio Comparison
RIGS has a 0.48% expense ratio, which is lower than IYLD's 0.60% expense ratio.
Risk-Adjusted Performance
RIGS vs. IYLD — Risk-Adjusted Performance Rank
RIGS
IYLD
RIGS vs. IYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Strategic Income Fund (RIGS) and iShares Morningstar Multi-Asset Income ETF (IYLD). 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.
Loading data...
Dividends
RIGS vs. IYLD - Dividend Comparison
RIGS's dividend yield for the trailing twelve months is around 4.67%, less than IYLD's 4.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIGS RiverFront Strategic Income Fund | 4.67% | 4.49% | 3.48% | 2.71% | 2.47% | 3.44% | 3.87% | 4.54% | 4.45% | 4.46% | 3.61% | 3.31% |
IYLD iShares Morningstar Multi-Asset Income ETF | 4.91% | 5.32% | 5.76% | 5.45% | 3.47% | 4.38% | 5.25% | 5.78% | 4.22% | 4.84% | 5.26% | 6.33% |
Drawdowns
RIGS vs. IYLD - Drawdown Comparison
The maximum RIGS drawdown since its inception was -15.31%, smaller than the maximum IYLD drawdown of -30.23%. Use the drawdown chart below to compare losses from any high point for RIGS and IYLD. For additional features, visit the drawdowns tool.
Loading data...
Volatility
RIGS vs. IYLD - Volatility Comparison
RiverFront Strategic Income Fund (RIGS) has a higher volatility of 2.84% compared to iShares Morningstar Multi-Asset Income ETF (IYLD) at 1.42%. This indicates that RIGS's price experiences larger fluctuations and is considered to be riskier than IYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...