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RIV vs. PAUIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RIV vs. PAUIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverNorth Opportunities Fund (RIV) and PIMCO All Asset All Authority Fund (PAUIX). The values are adjusted to include any dividend payments, if applicable.

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RIV vs. PAUIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RIV
RiverNorth Opportunities Fund
-2.24%19.69%18.72%2.57%-11.30%12.94%14.09%15.24%-7.67%17.17%
PAUIX
PIMCO All Asset All Authority Fund
2.19%14.15%1.06%6.35%-15.65%15.55%4.58%7.62%-6.14%12.05%

Returns By Period

In the year-to-date period, RIV achieves a -2.24% return, which is significantly lower than PAUIX's 2.19% return. Over the past 10 years, RIV has outperformed PAUIX with an annualized return of 8.91%, while PAUIX has yielded a comparatively lower 4.60% annualized return.


RIV

1D
0.73%
1M
-6.66%
YTD
-2.24%
6M
-1.18%
1Y
10.45%
3Y*
14.25%
5Y*
4.94%
10Y*
8.91%

PAUIX

1D
0.43%
1M
-5.64%
YTD
2.19%
6M
5.13%
1Y
13.62%
3Y*
6.21%
5Y*
2.88%
10Y*
4.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RIV vs. PAUIX - Expense Ratio Comparison

RIV has a 2.07% expense ratio, which is higher than PAUIX's 0.21% expense ratio.


Return for Risk

RIV vs. PAUIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RIV
RIV Risk / Return Rank: 2929
Overall Rank
RIV Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
RIV Sortino Ratio Rank: 2727
Sortino Ratio Rank
RIV Omega Ratio Rank: 3434
Omega Ratio Rank
RIV Calmar Ratio Rank: 2626
Calmar Ratio Rank
RIV Martin Ratio Rank: 2828
Martin Ratio Rank

PAUIX
PAUIX Risk / Return Rank: 8787
Overall Rank
PAUIX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
PAUIX Sortino Ratio Rank: 8888
Sortino Ratio Rank
PAUIX Omega Ratio Rank: 8585
Omega Ratio Rank
PAUIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
PAUIX Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RIV vs. PAUIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverNorth Opportunities Fund (RIV) and PIMCO All Asset All Authority Fund (PAUIX). 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.


RIVPAUIXDifference

Sharpe ratio

Return per unit of total volatility

0.75

1.84

-1.10

Sortino ratio

Return per unit of downside risk

1.05

2.43

-1.38

Omega ratio

Gain probability vs. loss probability

1.17

1.35

-0.18

Calmar ratio

Return relative to maximum drawdown

0.77

2.31

-1.54

Martin ratio

Return relative to average drawdown

3.05

8.68

-5.63

RIV vs. PAUIX - Sharpe Ratio Comparison

The current RIV Sharpe Ratio is 0.75, which is lower than the PAUIX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of RIV and PAUIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


RIVPAUIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

1.84

-1.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.30

0.30

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

0.51

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.60

-0.21

Correlation

The correlation between RIV and PAUIX is 0.28, 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.


Dividends

RIV vs. PAUIX - Dividend Comparison

RIV's dividend yield for the trailing twelve months is around 13.72%, more than PAUIX's 7.06% yield.


TTM20252024202320222021202020192018201720162015
RIV
RiverNorth Opportunities Fund
13.72%12.80%13.46%13.95%16.61%14.31%13.42%12.34%15.51%10.14%13.01%0.00%
PAUIX
PIMCO All Asset All Authority Fund
7.06%6.10%2.64%3.97%9.98%15.46%4.47%2.89%5.74%5.28%3.62%5.54%

Drawdowns

RIV vs. PAUIX - Drawdown Comparison

The maximum RIV drawdown since its inception was -42.99%, which is greater than PAUIX's maximum drawdown of -26.84%. Use the drawdown chart below to compare losses from any high point for RIV and PAUIX.


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Drawdown Indicators


RIVPAUIXDifference

Max Drawdown

Largest peak-to-trough decline

-42.99%

-26.84%

-16.15%

Max Drawdown (1Y)

Largest decline over 1 year

-12.66%

-6.05%

-6.61%

Max Drawdown (5Y)

Largest decline over 5 years

-29.13%

-26.15%

-2.98%

Max Drawdown (10Y)

Largest decline over 10 years

-42.99%

-26.84%

-16.15%

Current Drawdown

Current decline from peak

-6.89%

-5.64%

-1.25%

Average Drawdown

Average peak-to-trough decline

-7.47%

-5.94%

-1.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

1.61%

+1.57%

Volatility

RIV vs. PAUIX - Volatility Comparison

RiverNorth Opportunities Fund (RIV) has a higher volatility of 3.88% compared to PIMCO All Asset All Authority Fund (PAUIX) at 2.85%. This indicates that RIV's price experiences larger fluctuations and is considered to be riskier than PAUIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RIVPAUIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.88%

2.85%

+1.03%

Volatility (6M)

Calculated over the trailing 6-month period

7.00%

4.68%

+2.32%

Volatility (1Y)

Calculated over the trailing 1-year period

14.06%

7.47%

+6.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.79%

9.64%

+7.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.28%

9.00%

+11.28%