RJVI vs. GHMS

Last updated Jun 5, 2026

RJVI (RJ Eagle Vertical Income ETF) and GHMS (Goose Hollow Multi-Strategy Income ETF) are both Multisector Bonds funds. Both are actively managed. At a 0.25 correlation, their price movements are largely independent. RJVI charges 0.51%/yr vs 1.20%/yr for GHMS.

Performance

RJVI vs. GHMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RJ Eagle Vertical Income ETF (RJVI) and Goose Hollow Multi-Strategy Income ETF (GHMS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RJVI

• 1D: 0.22%
• 1M: 0.79%
• YTD: 2.14%
• 6M: 2.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GHMS

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 2.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RJVI vs. GHMS - Yearly Performance Comparison

	2026 (YTD)	2025
RJVI RJ Eagle Vertical Income ETF	2.14%	0.50%
GHMS Goose Hollow Multi-Strategy Income ETF	0.00%	-1.52%

Correlation

The correlation between RJVI and GHMS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025	0.25

Return for Risk

RJVI vs. GHMS — Risk / Return Rank

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

GHMS

GHMS Risk / Return Rank: 19
GHMS Sharpe Ratio Rank: 18
GHMS Sortino Ratio Rank: 18
GHMS Omega Ratio Rank: 22
GHMS Calmar Ratio Rank: 23
GHMS Martin Ratio Rank: 16

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.

RJVI vs. GHMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RJ Eagle Vertical Income ETF (RJVI) and Goose Hollow Multi-Strategy Income ETF (GHMS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RJVI	GHMS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.93	+0.03

Drawdowns

RJVI vs. GHMS - Drawdown Comparison

The maximum RJVI drawdown since its inception was -3.12%, smaller than the maximum GHMS drawdown of -4.73%. Use the drawdown chart below to compare losses from any high point for RJVI and GHMS.

Drawdown Indicators

	RJVI	GHMS	Difference
Max Drawdown Largest peak-to-trough decline	-3.12%	-4.73%	+1.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.73%	—
Current Drawdown Current decline from peak	-1.04%	-2.44%	+1.40%
Average Drawdown Average peak-to-trough decline	-1.02%	-1.21%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.81%	—

Volatility

Volatility by Period

	RJVI	GHMS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.14%	4.97%	-0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.14%	5.36%	-1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.14%	5.36%	-1.22%

RJVI vs. GHMS - Expense Ratio Comparison

RJVI has a 0.51% expense ratio, which is lower than GHMS's 1.20% expense ratio.

Dividends

RJVI vs. GHMS - Dividend Comparison

RJVI's dividend yield for the trailing twelve months is around 2.60%, more than GHMS's 1.69% yield.

Position	TTM	2025	2024	2023
GHMS Goose Hollow Multi-Strategy Income ETF	1.69%	1.69%	4.48%	0.29%
RJVI RJ Eagle Vertical Income ETF	2.60%	0.93%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RJVI and GHMS in my portfolio?

RJVI and GHMS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RJVI or GHMS?

On fees, RJVI is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RJVI or GHMS?

RJVI is cheaper with a 0.51% expense ratio, compared with 1.20% for GHMS.

Which ETF pays a higher dividend yield, RJVI or GHMS?

RJVI has the higher dividend yield at 2.60%, compared with 1.69% for GHMS.

What is the main difference between RJVI and GHMS?

They also come from different issuers: Carillon Tower Advisers and Goose Hollow. Their fees differ too: 0.51% for RJVI and 1.20% for GHMS.