RSFYX vs. FFRHX
RSFYX (Victory Floating Rate Fund) and FFRHX (Fidelity Floating Rate High Income Fund) are both Bank Loan funds. Over the past 10 years, RSFYX returned 4.57%/yr vs 4.82%/yr for FFRHX. Their 0.67 correlation means they have sometimes moved together and sometimes differently. RSFYX charges 0.79%/yr vs 0.67%/yr for FFRHX.
Performance
RSFYX vs. FFRHX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RSFYX achieves a 2.96% return, which is significantly higher than FFRHX's 2.14% return. Over the past 10 years, RSFYX has underperformed FFRHX with an annualized return of 4.57%, while FFRHX has yielded a comparatively higher 4.82% annualized return.
RSFYX
- 1D
- -0.38%
- 1M
- -0.63%
- 6M
- 3.30%
- YTD
- 2.96%
- 1Y
- 5.76%
- 3Y*
- 7.05%
- 5Y*
- 3.93%
- 10Y*
- 4.57%
- ALL TIME*
- 4.52%
FFRHX
- 1D
- 0.00%
- 1M
- 0.11%
- 6M
- 2.01%
- YTD
- 2.14%
- 1Y
- 4.94%
- 3Y*
- 6.51%
- 5Y*
- 5.49%
- 10Y*
- 4.82%
- ALL TIME*
- 3.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RSFYX vs. FFRHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RSFYX Victory Floating Rate Fund | 2.96% | 7.09% | 8.64% | 7.48% | -6.82% | 4.12% | 4.96% | 9.68% | 0.69% | 4.00% |
FFRHX Fidelity Floating Rate High Income Fund | 2.14% | 5.47% | 7.10% | 12.63% | -1.55% | 5.01% | 1.69% | 8.63% | 0.10% | 3.91% |
Correlation
The correlation between RSFYX and FFRHX is 0.49, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.49 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.67 |
The correlation between RSFYX and FFRHX shifts across timeframes, from 0.49 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RSFYX vs. FFRHX — Risk / Return Rank
RSFYX
FFRHX
RSFYX vs. FFRHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory Floating Rate Fund (RSFYX) and Fidelity Floating Rate High Income Fund (FFRHX). 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.
| RSFYX | FFRHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.81 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 4.46 | 4.51 | -0.04 |
| Martin ratioReturn relative to average drawdown | 14.61 | 14.73 | -0.12 |
Loading charts...
Drawdowns
RSFYX vs. FFRHX - Drawdown Comparison
The maximum RSFYX drawdown since its inception was -21.42%, roughly equal to the maximum FFRHX drawdown of -22.20%. Use the drawdown chart below to compare losses from any high point for RSFYX and FFRHX.
Loading charts...
Drawdown Indicators
| RSFYX | FFRHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.42% | -22.20% | +0.78% |
Max Drawdown (1Y)Largest decline over 1 year | -1.23% | -1.19% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -2.76% | -3.29% | +0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -8.82% | -5.90% | -2.92% |
Max Drawdown (10Y)Largest decline over 10 years | -21.42% | -22.20% | +0.78% |
Current DrawdownCurrent decline from peak | -0.76% | -0.11% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -1.33% | -1.14% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 0.36% | +0.06% |
Volatility
RSFYX vs. FFRHX - Volatility Comparison
Victory Floating Rate Fund (RSFYX) has a higher volatility of 0.52% compared to Fidelity Floating Rate High Income Fund (FFRHX) at 0.22%. This indicates that RSFYX's price experiences larger fluctuations and is considered to be riskier than FFRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RSFYX | FFRHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 0.22% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 3.16% | 1.69% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.97% | 2.34% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.60% | 2.89% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.21% | 4.13% | +0.08% |
RSFYX vs. FFRHX - Expense Ratio Comparison
RSFYX has a 0.79% expense ratio, which is higher than FFRHX's 0.67% expense ratio.
Dividends
RSFYX vs. FFRHX - Dividend Comparison
RSFYX's dividend yield for the trailing twelve months is around 6.58%, more than FFRHX's 6.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFRHX Fidelity Floating Rate High Income Fund | 6.39% | 7.41% | 6.94% | 8.24% | 3.81% | 2.74% | 3.84% | 5.15% | 4.74% | 4.05% | 4.44% | 3.69% |
RSFYX Victory Floating Rate Fund | 6.58% | 9.39% | 9.01% | 8.22% | 6.22% | 4.16% | 5.47% | 6.07% | 5.93% | 5.07% | 4.99% | 5.31% |
Frequently Asked Questions
RSFYX and FFRHX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RSFYX has higher volatility (0.52%) compared to FFRHX (0.22%). In terms of maximum drawdown, RSFYX dropped -21.42% vs FFRHX's -22.20%.
FFRHX currently has the higher Sharpe Ratio (2.30 vs 1.56), 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.
Find the right allocation for RSFYX and FFRHX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer