Correlation
The correlation between RSIIX and RCTIX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
RSIIX vs. RCTIX
Compare and contrast key facts about RiverPark Strategic Income Fund (RSIIX) and River Canyon Total Return Bond Fund (RCTIX).
RSIIX is managed by RiverPark Funds. It was launched on Sep 30, 2013. RCTIX is managed by River Canyon. It was launched on Dec 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RSIIX or RCTIX.
Performance
RSIIX vs. RCTIX - Performance Comparison
Loading data...
Key characteristics
RSIIX:
4.14
RCTIX:
3.14
RSIIX:
5.48
RCTIX:
4.78
RSIIX:
2.22
RCTIX:
1.65
RSIIX:
3.71
RCTIX:
5.20
RSIIX:
17.71
RCTIX:
16.43
RSIIX:
0.36%
RCTIX:
0.47%
RSIIX:
1.57%
RCTIX:
2.47%
RSIIX:
-15.55%
RCTIX:
-10.89%
RSIIX:
-0.29%
RCTIX:
-0.30%
Returns By Period
In the year-to-date period, RSIIX achieves a 1.80% return, which is significantly lower than RCTIX's 2.57% return. Over the past 10 years, RSIIX has underperformed RCTIX with an annualized return of 4.46%, while RCTIX has yielded a comparatively higher 4.91% annualized return.
RSIIX
1.80%
0.76%
2.31%
6.47%
5.36%
7.95%
4.46%
RCTIX
2.57%
0.10%
2.29%
7.70%
6.17%
5.22%
4.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RSIIX vs. RCTIX - Expense Ratio Comparison
RSIIX has a 1.18% expense ratio, which is higher than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
RSIIX vs. RCTIX — Risk-Adjusted Performance Rank
RSIIX
RCTIX
RSIIX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverPark Strategic Income Fund (RSIIX) and River Canyon Total Return Bond Fund (RCTIX). 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.
Loading data...
Dividends
RSIIX vs. RCTIX - Dividend Comparison
RSIIX's dividend yield for the trailing twelve months is around 6.68%, less than RCTIX's 7.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RSIIX RiverPark Strategic Income Fund | 6.68% | 7.65% | 7.60% | 6.59% | 5.14% | 5.78% | 4.82% | 4.59% | 5.02% | 5.52% | 6.59% | 5.47% |
RCTIX River Canyon Total Return Bond Fund | 7.19% | 7.90% | 8.51% | 6.00% | 3.02% | 5.97% | 4.98% | 3.30% | 4.89% | 3.56% | 5.74% | 0.00% |
Drawdowns
RSIIX vs. RCTIX - Drawdown Comparison
The maximum RSIIX drawdown since its inception was -15.55%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for RSIIX and RCTIX.
Loading data...
Volatility
RSIIX vs. RCTIX - Volatility Comparison
RiverPark Strategic Income Fund (RSIIX) has a higher volatility of 0.82% compared to River Canyon Total Return Bond Fund (RCTIX) at 0.72%. This indicates that RSIIX's price experiences larger fluctuations and is considered to be riskier than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...