RLSIX vs. RSIIX
Compare and contrast key facts about RiverPark Long/Short Opportunity Fund (RLSIX) and RiverPark Strategic Income Fund (RSIIX).
RLSIX is managed by RiverPark Funds. It was launched on Mar 29, 2012. RSIIX is managed by RiverPark Funds. It was launched on Sep 30, 2013.
Performance
RLSIX vs. RSIIX - Performance Comparison
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RLSIX vs. RSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLSIX RiverPark Long/Short Opportunity Fund | -12.16% | 8.57% | 16.06% | 43.85% | -53.89% | 2.10% | 54.74% | 20.00% | -2.20% | 22.10% |
RSIIX RiverPark Strategic Income Fund | 0.36% | 6.04% | 8.44% | 9.59% | -3.31% | 11.60% | 3.42% | 3.50% | 1.36% | 4.84% |
Returns By Period
In the year-to-date period, RLSIX achieves a -12.16% return, which is significantly lower than RSIIX's 0.36% return. Both investments have delivered pretty close results over the past 10 years, with RLSIX having a 5.37% annualized return and RSIIX not far ahead at 5.50%.
RLSIX
- 1D
- 0.15%
- 1M
- -6.41%
- YTD
- -12.16%
- 6M
- -12.05%
- 1Y
- 1.19%
- 3Y*
- 11.41%
- 5Y*
- -5.17%
- 10Y*
- 5.37%
RSIIX
- 1D
- 0.12%
- 1M
- -0.59%
- YTD
- 0.36%
- 6M
- 0.82%
- 1Y
- 5.26%
- 3Y*
- 7.43%
- 5Y*
- 5.21%
- 10Y*
- 5.50%
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RLSIX vs. RSIIX - Expense Ratio Comparison
RLSIX has a 1.75% expense ratio, which is higher than RSIIX's 1.18% expense ratio.
Return for Risk
RLSIX vs. RSIIX — Risk / Return Rank
RLSIX
RSIIX
RLSIX vs. RSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverPark Long/Short Opportunity Fund (RLSIX) and RiverPark Strategic Income Fund (RSIIX). 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.
| RLSIX | RSIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.09 | 2.29 | -2.21 |
Sortino ratioReturn per unit of downside risk | 0.24 | 2.92 | -2.68 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.62 | -0.58 |
Calmar ratioReturn relative to maximum drawdown | -0.05 | 3.50 | -3.55 |
Martin ratioReturn relative to average drawdown | -0.17 | 14.92 | -15.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RLSIX | RSIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | 2.29 | -2.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.21 | 2.28 | -2.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 1.98 | -1.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.70 | -1.36 |
Correlation
The correlation between RLSIX and RSIIX is 0.23, 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
RLSIX vs. RSIIX - Dividend Comparison
RLSIX has not paid dividends to shareholders, while RSIIX's dividend yield for the trailing twelve months is around 7.62%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RLSIX RiverPark Long/Short Opportunity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 11.94% | 11.66% | 1.26% | 0.00% | 0.00% |
RSIIX RiverPark Strategic Income Fund | 7.62% | 7.75% | 7.67% | 7.61% | 6.58% | 5.12% | 5.77% | 4.84% | 4.59% | 4.98% | 5.10% | 6.57% |
Drawdowns
RLSIX vs. RSIIX - Drawdown Comparison
The maximum RLSIX drawdown since its inception was -60.82%, which is greater than RSIIX's maximum drawdown of -15.55%. Use the drawdown chart below to compare losses from any high point for RLSIX and RSIIX.
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Drawdown Indicators
| RLSIX | RSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.82% | -15.55% | -45.27% |
Max Drawdown (1Y)Largest decline over 1 year | -14.56% | -1.50% | -13.06% |
Max Drawdown (5Y)Largest decline over 5 years | -60.82% | -5.61% | -55.21% |
Max Drawdown (10Y)Largest decline over 10 years | -60.82% | -15.55% | -45.27% |
Current DrawdownCurrent decline from peak | -34.87% | -0.87% | -34.00% |
Average DrawdownAverage peak-to-trough decline | -14.92% | -1.18% | -13.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.36% | 0.35% | +4.01% |
Volatility
RLSIX vs. RSIIX - Volatility Comparison
RiverPark Long/Short Opportunity Fund (RLSIX) has a higher volatility of 3.92% compared to RiverPark Strategic Income Fund (RSIIX) at 1.14%. This indicates that RLSIX's price experiences larger fluctuations and is considered to be riskier than RSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLSIX | RSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.92% | 1.14% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 8.89% | 1.62% | +7.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.58% | 2.31% | +14.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.20% | 2.30% | +22.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.52% | 2.78% | +18.74% |