RLIIX vs. FFNOX
Compare and contrast key facts about RiverFront Asset Allocation Growth & Income (RLIIX) and Fidelity Multi-Asset Index Fund (FFNOX).
RLIIX is managed by ALPS. It was launched on Aug 1, 2010. FFNOX is managed by Fidelity. It was launched on Jun 29, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RLIIX or FFNOX.
Correlation
The correlation between RLIIX and FFNOX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RLIIX vs. FFNOX - Performance Comparison
Key characteristics
RLIIX:
1.66
FFNOX:
1.16
RLIIX:
2.30
FFNOX:
1.56
RLIIX:
1.31
FFNOX:
1.22
RLIIX:
2.78
FFNOX:
1.30
RLIIX:
8.90
FFNOX:
5.13
RLIIX:
1.66%
FFNOX:
2.56%
RLIIX:
8.90%
FFNOX:
11.26%
RLIIX:
-36.74%
FFNOX:
-48.68%
RLIIX:
-0.38%
FFNOX:
-1.76%
Returns By Period
In the year-to-date period, RLIIX achieves a 3.32% return, which is significantly lower than FFNOX's 4.95% return. Over the past 10 years, RLIIX has underperformed FFNOX with an annualized return of 3.24%, while FFNOX has yielded a comparatively higher 7.09% annualized return.
RLIIX
3.32%
2.14%
4.33%
13.48%
5.43%
3.24%
FFNOX
4.95%
3.27%
4.04%
11.41%
6.17%
7.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RLIIX vs. FFNOX - Expense Ratio Comparison
RLIIX has a 0.25% expense ratio, which is higher than FFNOX's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
RLIIX vs. FFNOX — Risk-Adjusted Performance Rank
RLIIX
FFNOX
RLIIX vs. FFNOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Asset Allocation Growth & Income (RLIIX) and Fidelity Multi-Asset Index Fund (FFNOX). 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
RLIIX vs. FFNOX - Dividend Comparison
RLIIX's dividend yield for the trailing twelve months is around 3.34%, more than FFNOX's 2.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RLIIX RiverFront Asset Allocation Growth & Income | 3.34% | 3.45% | 3.02% | 3.92% | 1.40% | 1.43% | 2.07% | 2.22% | 1.37% | 1.66% | 1.62% | 2.25% |
FFNOX Fidelity Multi-Asset Index Fund | 2.04% | 2.14% | 3.83% | 2.04% | 1.87% | 1.59% | 2.25% | 2.25% | 1.86% | 2.09% | 2.50% | 4.56% |
Drawdowns
RLIIX vs. FFNOX - Drawdown Comparison
The maximum RLIIX drawdown since its inception was -36.74%, smaller than the maximum FFNOX drawdown of -48.68%. Use the drawdown chart below to compare losses from any high point for RLIIX and FFNOX. For additional features, visit the drawdowns tool.
Volatility
RLIIX vs. FFNOX - Volatility Comparison
The current volatility for RiverFront Asset Allocation Growth & Income (RLIIX) is 2.34%, while Fidelity Multi-Asset Index Fund (FFNOX) has a volatility of 2.66%. This indicates that RLIIX experiences smaller price fluctuations and is considered to be less risky than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.