RMNY vs. RTAI

Last updated Aug 2, 2026

RMNY (Rockefeller New York Municipal Bond ETF) and RTAI (Rareview Tax Advantaged Income ETF) are both Municipal Bonds funds. Both are actively managed. Over the past year, RMNY returned 6.48% vs 7.74% for RTAI. Their 0.55 correlation means they have sometimes moved together and sometimes differently. RMNY charges 0.55%/yr vs 3.78%/yr for RTAI.

Performance

RMNY vs. RTAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rockefeller New York Municipal Bond ETF (RMNY) and Rareview Tax Advantaged Income ETF (RTAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RMNY achieves a 1.72% return, which is significantly higher than RTAI's 1.31% return.

RMNY

• 1D: -0.02%
• 1M: -1.69%
• 6M: 1.45%
• YTD: 1.72%
• 1Y: 6.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.49%

RTAI

• 1D: -0.39%
• 1M: -3.42%
• 6M: -1.09%
• YTD: 1.31%
• 1Y: 7.74%
• 3Y*: 5.66%
• 5Y*: -1.63%
• 10Y*: —
• ALL TIME*: 1.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RMNY Rockefeller New York Municipal Bond ETF	$104.40K	$65.77K	$94.48K
RTAI Rareview Tax Advantaged Income ETF	$4.00K	$4.73K	$23.89K

RMNY vs. RTAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RMNY Rockefeller New York Municipal Bond ETF	1.72%	2.35%	0.80%
RTAI Rareview Tax Advantaged Income ETF	1.31%	5.54%	-1.43%

Correlation

The correlation between RMNY and RTAI is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (All Time) Calculated using the full available price history since Aug 13, 2024	0.55

The correlation between RMNY and RTAI has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.

Return for Risk

RMNY vs. RTAI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RMNY

RMNY Risk / Return Rank: 85
RMNY Sharpe Ratio Rank: 83
RMNY Sortino Ratio Rank: 85
RMNY Omega Ratio Rank: 89
RMNY Calmar Ratio Rank: 85
RMNY Martin Ratio Rank: 83

RTAI

RTAI Risk / Return Rank: 52
RTAI Sharpe Ratio Rank: 53
RTAI Sortino Ratio Rank: 60
RTAI Omega Ratio Rank: 58
RTAI Calmar Ratio Rank: 40
RTAI Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RMNY vs. RTAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rockefeller New York Municipal Bond ETF (RMNY) and Rareview Tax Advantaged Income ETF (RTAI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RMNY	RTAI	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.28	+0.65
Sortino ratio: Return per unit of downside risk	2.84	2.04	+0.80
Omega ratio: Gain probability vs. loss probability	1.40	1.25	+0.15
Calmar ratio: Return relative to maximum drawdown	3.23	1.41	+1.82
Martin ratio: Return relative to average drawdown	11.29	5.58	+5.71

RMNY vs. RTAI - Sharpe Ratio Comparison

The current RMNY Sharpe Ratio is 1.93, which is higher than the RTAI Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of RMNY and RTAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RMNY vs. RTAI - Drawdown Comparison

The maximum RMNY drawdown since its inception was -5.70%, smaller than the maximum RTAI drawdown of -34.32%. Use the drawdown chart below to compare losses from any high point for RMNY and RTAI.

Drawdown Indicators

	RMNY	RTAI	Difference
Max Drawdown Largest peak-to-trough decline	-5.70%	-34.32%	+28.62%
Max Drawdown (1Y) Largest decline over 1 year	-2.28%	-6.18%	+3.90%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.32%	—
Current Drawdown Current decline from peak	-1.77%	-8.67%	+6.90%
Average Drawdown Average peak-to-trough decline	-1.45%	-13.63%	+12.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.65%	1.56%	-0.91%

Volatility

RMNY vs. RTAI - Volatility Comparison

The current volatility for Rockefeller New York Municipal Bond ETF (RMNY) is 1.07%, while Rareview Tax Advantaged Income ETF (RTAI) has a volatility of 1.75%. This indicates that RMNY experiences smaller price fluctuations and is considered to be less risky than RTAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMNY	RTAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	1.75%	-0.68%
Volatility (6M) Calculated over the trailing 6-month period	2.95%	5.59%	-2.64%
Volatility (1Y) Calculated over the trailing 1-year period	3.83%	6.86%	-3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.08%	9.38%	-4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.08%	8.99%	-3.91%

RMNY vs. RTAI - Expense Ratio Comparison

RMNY has a 0.55% expense ratio, which is lower than RTAI's 3.78% expense ratio.

Dividends

RMNY vs. RTAI - Dividend Comparison

RMNY's dividend yield for the trailing twelve months is around 4.38%, less than RTAI's 5.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
RMNY Rockefeller New York Municipal Bond ETF	4.38%	4.10%	1.31%	0.00%	0.00%	0.00%	0.00%
RTAI Rareview Tax Advantaged Income ETF	5.07%	5.66%	5.02%	3.07%	3.71%	4.73%	0.48%

Frequently Asked Questions

Can I hold both RMNY and RTAI in my portfolio?

RMNY and RTAI have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RMNY or RTAI?

RTAI has higher volatility (1.75%) compared to RMNY (1.07%). In terms of maximum drawdown, RMNY dropped -5.70% vs RTAI's -34.32%.

Which ETF is better, RMNY or RTAI?

On 1-year performance, RTAI leads with 7.74% vs 6.48% for RMNY. On fees, RMNY is cheaper at 0.55% per year. On volatility, RMNY has been the lower-risk option at 1.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RMNY or RTAI?

Over the 1-year period, RTAI has performed better with a 7.74% return vs 6.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RMNY or RTAI?

RMNY is cheaper with a 0.55% expense ratio, compared with 3.78% for RTAI.

Which ETF pays a higher dividend yield, RMNY or RTAI?

RTAI has the higher dividend yield at 5.07%, compared with 4.38% for RMNY.

What is the main difference between RMNY and RTAI?

They also come from different issuers: Rockefeller and Rareview. Their fees differ too: 0.55% for RMNY and 3.78% for RTAI.

Which has better risk-adjusted returns?

RMNY currently has the higher Sharpe Ratio (1.93 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.