RNHIX vs. FHYSX
Compare and contrast key facts about RiverNorth/Oaktree High Income Fund (RNHIX) and Federated Hermes High-Yield Strategy Portfolio (FHYSX).
RNHIX is managed by RiverNorth Funds. It was launched on Dec 28, 2012. FHYSX is managed by Federated. It was launched on Dec 24, 2008.
Performance
RNHIX vs. FHYSX - Performance Comparison
Loading graphics...
RNHIX vs. FHYSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNHIX RiverNorth/Oaktree High Income Fund | -1.66% | 6.93% | 7.40% | 12.31% | -6.60% | 3.97% | 2.90% | 11.17% | -2.22% | 5.48% |
FHYSX Federated Hermes High-Yield Strategy Portfolio | -1.76% | 9.14% | 6.42% | 12.77% | -13.16% | 4.49% | 6.08% | 15.14% | -2.16% | 8.34% |
Returns By Period
In the year-to-date period, RNHIX achieves a -1.66% return, which is significantly higher than FHYSX's -1.76% return. Over the past 10 years, RNHIX has underperformed FHYSX with an annualized return of 4.84%, while FHYSX has yielded a comparatively higher 5.39% annualized return.
RNHIX
- 1D
- 0.13%
- 1M
- -2.06%
- YTD
- -1.66%
- 6M
- -0.53%
- 1Y
- 4.69%
- 3Y*
- 7.13%
- 5Y*
- 4.06%
- 10Y*
- 4.84%
FHYSX
- 1D
- 0.17%
- 1M
- -2.27%
- YTD
- -1.76%
- 6M
- 0.01%
- 1Y
- 5.88%
- 3Y*
- 7.48%
- 5Y*
- 3.11%
- 10Y*
- 5.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RNHIX vs. FHYSX - Expense Ratio Comparison
RNHIX has a 1.81% expense ratio, which is higher than FHYSX's 0.02% expense ratio.
Return for Risk
RNHIX vs. FHYSX — Risk / Return Rank
RNHIX
FHYSX
RNHIX vs. FHYSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverNorth/Oaktree High Income Fund (RNHIX) and Federated Hermes High-Yield Strategy Portfolio (FHYSX). 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.
| RNHIX | FHYSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 1.67 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.96 | 2.37 | -0.41 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.45 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 2.36 | -0.82 |
Martin ratioReturn relative to average drawdown | 6.40 | 9.71 | -3.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RNHIX | FHYSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 1.67 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 0.60 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 0.94 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.85 | +0.07 |
Correlation
The correlation between RNHIX and FHYSX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
RNHIX vs. FHYSX - Dividend Comparison
RNHIX's dividend yield for the trailing twelve months is around 7.53%, more than FHYSX's 5.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNHIX RiverNorth/Oaktree High Income Fund | 7.53% | 7.30% | 6.92% | 6.04% | 6.49% | 3.58% | 3.81% | 5.08% | 4.79% | 3.79% | 4.93% | 5.92% |
FHYSX Federated Hermes High-Yield Strategy Portfolio | 5.82% | 6.28% | 5.84% | 5.30% | 5.27% | 4.54% | 5.74% | 6.18% | 6.61% | 6.98% | 6.45% | 8.45% |
Drawdowns
RNHIX vs. FHYSX - Drawdown Comparison
The maximum RNHIX drawdown since its inception was -22.43%, roughly equal to the maximum FHYSX drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for RNHIX and FHYSX.
Loading graphics...
Drawdown Indicators
| RNHIX | FHYSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.43% | -21.45% | -0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -2.50% | -0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -10.62% | -16.93% | +6.31% |
Max Drawdown (10Y)Largest decline over 10 years | -22.43% | -21.45% | -0.98% |
Current DrawdownCurrent decline from peak | -2.36% | -2.27% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -1.57% | -2.61% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 0.61% | +0.05% |
Volatility
RNHIX vs. FHYSX - Volatility Comparison
RiverNorth/Oaktree High Income Fund (RNHIX) has a higher volatility of 1.35% compared to Federated Hermes High-Yield Strategy Portfolio (FHYSX) at 1.24%. This indicates that RNHIX's price experiences larger fluctuations and is considered to be riskier than FHYSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RNHIX | FHYSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 1.24% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 2.37% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.15% | 3.76% | -0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.64% | 5.20% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.82% | 5.76% | -0.94% |