RNSIX vs. RNHIX
Compare and contrast key facts about RiverNorth Doubleline Strategic Income Fund (RNSIX) and RiverNorth/Oaktree High Income Fund (RNHIX).
RNSIX is managed by RiverNorth Funds. It was launched on Dec 29, 2010. RNHIX is managed by RiverNorth Funds. It was launched on Dec 28, 2012.
Performance
RNSIX vs. RNHIX - Performance Comparison
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RNSIX vs. RNHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNSIX RiverNorth Doubleline Strategic Income Fund | -0.31% | 7.59% | 7.29% | 9.18% | -12.68% | 3.66% | 6.03% | 11.96% | -1.28% | 4.23% |
RNHIX RiverNorth/Oaktree High Income Fund | -0.96% | 6.93% | 7.40% | 12.31% | -6.60% | 3.97% | 2.90% | 11.17% | -2.22% | 5.48% |
Returns By Period
In the year-to-date period, RNSIX achieves a -0.31% return, which is significantly higher than RNHIX's -0.96% return. Over the past 10 years, RNSIX has underperformed RNHIX with an annualized return of 3.94%, while RNHIX has yielded a comparatively higher 4.91% annualized return.
RNSIX
- 1D
- 0.46%
- 1M
- -1.05%
- YTD
- -0.31%
- 6M
- 0.65%
- 1Y
- 4.21%
- 3Y*
- 6.89%
- 5Y*
- 2.46%
- 10Y*
- 3.94%
RNHIX
- 1D
- 0.71%
- 1M
- -1.25%
- YTD
- -0.96%
- 6M
- 0.06%
- 1Y
- 5.19%
- 3Y*
- 7.39%
- 5Y*
- 4.19%
- 10Y*
- 4.91%
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RNSIX vs. RNHIX - Expense Ratio Comparison
RNSIX has a 0.87% expense ratio, which is lower than RNHIX's 1.81% expense ratio.
Return for Risk
RNSIX vs. RNHIX — Risk / Return Rank
RNSIX
RNHIX
RNSIX vs. RNHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverNorth Doubleline Strategic Income Fund (RNSIX) and RiverNorth/Oaktree High Income Fund (RNHIX). 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.
| RNSIX | RNHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.70 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.84 | 2.32 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.37 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 1.93 | -0.26 |
Martin ratioReturn relative to average drawdown | 5.94 | 7.91 | -1.97 |
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
| RNSIX | RNHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.70 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 1.15 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 1.02 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.22 | 0.93 | +0.29 |
Correlation
The correlation between RNSIX and RNHIX is 0.54, 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
RNSIX vs. RNHIX - Dividend Comparison
RNSIX's dividend yield for the trailing twelve months is around 6.64%, less than RNHIX's 7.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNSIX RiverNorth Doubleline Strategic Income Fund | 6.64% | 6.52% | 6.37% | 5.13% | 8.40% | 4.20% | 4.34% | 5.17% | 5.45% | 5.08% | 5.22% | 5.83% |
RNHIX RiverNorth/Oaktree High Income Fund | 7.47% | 7.30% | 6.92% | 6.04% | 6.49% | 3.58% | 3.81% | 5.08% | 4.79% | 3.79% | 4.93% | 5.92% |
Drawdowns
RNSIX vs. RNHIX - Drawdown Comparison
The maximum RNSIX drawdown since its inception was -16.08%, smaller than the maximum RNHIX drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for RNSIX and RNHIX.
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Drawdown Indicators
| RNSIX | RNHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.08% | -22.43% | +6.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -2.76% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -16.08% | -10.62% | -5.46% |
Max Drawdown (10Y)Largest decline over 10 years | -16.08% | -22.43% | +6.35% |
Current DrawdownCurrent decline from peak | -1.41% | -1.67% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -1.57% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.67% | +0.12% |
Volatility
RNSIX vs. RNHIX - Volatility Comparison
The current volatility for RiverNorth Doubleline Strategic Income Fund (RNSIX) is 1.27%, while RiverNorth/Oaktree High Income Fund (RNHIX) has a volatility of 1.57%. This indicates that RNSIX experiences smaller price fluctuations and is considered to be less risky than RNHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNSIX | RNHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 1.57% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 1.87% | 2.13% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.39% | 3.22% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.42% | 3.65% | +0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.47% | 4.82% | -0.35% |