RLVSX vs. RGEAX
Compare and contrast key facts about Russell Investments Tax-Exempt Bond Fund (RLVSX) and Russell Investments Global Equity Fund (RGEAX).
RLVSX is managed by Russell. It was launched on Sep 4, 1985. RGEAX is managed by Russell. It was launched on Feb 27, 2007.
Performance
RLVSX vs. RGEAX - Performance Comparison
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RLVSX vs. RGEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RLVSX Russell Investments Tax-Exempt Bond Fund | -0.09% | 4.26% | 1.76% | 6.11% | -7.58% | 2.03% | 4.05% | 7.38% | 1.45% | 4.69% |
RGEAX Russell Investments Global Equity Fund | -5.73% | 20.92% | 15.25% | 22.12% | -16.78% | 22.30% | 12.95% | 25.89% | -9.41% | 22.83% |
Returns By Period
In the year-to-date period, RLVSX achieves a -0.09% return, which is significantly higher than RGEAX's -5.73% return. Over the past 10 years, RLVSX has underperformed RGEAX with an annualized return of 2.17%, while RGEAX has yielded a comparatively higher 10.96% annualized return.
RLVSX
- 1D
- 0.14%
- 1M
- -2.03%
- YTD
- -0.09%
- 6M
- 1.26%
- 1Y
- 3.85%
- 3Y*
- 3.24%
- 5Y*
- 1.17%
- 10Y*
- 2.17%
RGEAX
- 1D
- -0.19%
- 1M
- -9.11%
- YTD
- -5.73%
- 6M
- -2.52%
- 1Y
- 15.16%
- 3Y*
- 14.51%
- 5Y*
- 8.52%
- 10Y*
- 10.96%
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RLVSX vs. RGEAX - Expense Ratio Comparison
RLVSX has a 0.53% expense ratio, which is lower than RGEAX's 1.24% expense ratio.
Return for Risk
RLVSX vs. RGEAX — Risk / Return Rank
RLVSX
RGEAX
RLVSX vs. RGEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Russell Investments Tax-Exempt Bond Fund (RLVSX) and Russell Investments Global Equity Fund (RGEAX). 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.
| RLVSX | RGEAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 0.90 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.37 | -0.10 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.20 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 1.10 | -0.08 |
Martin ratioReturn relative to average drawdown | 4.00 | 5.25 | -1.25 |
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
| RLVSX | RGEAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.90 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.52 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.64 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.35 | +0.60 |
Correlation
The correlation between RLVSX and RGEAX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
RLVSX vs. RGEAX - Dividend Comparison
RLVSX's dividend yield for the trailing twelve months is around 3.55%, less than RGEAX's 8.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RLVSX Russell Investments Tax-Exempt Bond Fund | 3.55% | 3.18% | 3.57% | 3.20% | 2.73% | 2.06% | 2.58% | 3.08% | 2.89% | 2.65% | 2.64% | 2.80% |
RGEAX Russell Investments Global Equity Fund | 8.83% | 8.33% | 7.28% | 1.04% | 1.67% | 6.85% | 29.97% | 13.77% | 15.65% | 13.13% | 8.21% | 11.12% |
Drawdowns
RLVSX vs. RGEAX - Drawdown Comparison
The maximum RLVSX drawdown since its inception was -11.77%, smaller than the maximum RGEAX drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RLVSX and RGEAX.
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Drawdown Indicators
| RLVSX | RGEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.77% | -56.78% | +45.01% |
Max Drawdown (1Y)Largest decline over 1 year | -4.11% | -11.89% | +7.78% |
Max Drawdown (5Y)Largest decline over 5 years | -11.77% | -25.91% | +14.14% |
Max Drawdown (10Y)Largest decline over 10 years | -11.77% | -34.85% | +23.08% |
Current DrawdownCurrent decline from peak | -2.03% | -9.51% | +7.48% |
Average DrawdownAverage peak-to-trough decline | -1.53% | -9.22% | +7.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 2.49% | -1.44% |
Volatility
RLVSX vs. RGEAX - Volatility Comparison
The current volatility for Russell Investments Tax-Exempt Bond Fund (RLVSX) is 0.75%, while Russell Investments Global Equity Fund (RGEAX) has a volatility of 4.53%. This indicates that RLVSX experiences smaller price fluctuations and is considered to be less risky than RGEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RLVSX | RGEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 4.53% | -3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 1.10% | 8.85% | -7.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.27% | 16.88% | -12.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.08% | 16.39% | -13.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.32% | 17.15% | -13.83% |