RSNRX vs. URFRX

Last updated Jun 5, 2026

RSNRX (Victory Global Energy Transition Fund) and URFRX (USAA Target Retirement 2040 Fund) are both mutual funds - RSNRX is a Energy Equities fund managed by Victory, while URFRX is a Target Retirement Date fund managed by Victory. Over the past 10 years, RSNRX returned 13.48%/yr vs 9.43%/yr for URFRX. A 0.67 correlation means they provide meaningful diversification when combined. RSNRX charges 1.48%/yr vs 0.02%/yr for URFRX.

Performance

RSNRX vs. URFRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Global Energy Transition Fund (RSNRX) and USAA Target Retirement 2040 Fund (URFRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSNRX achieves a 38.18% return, which is significantly higher than URFRX's 10.27% return. Over the past 10 years, RSNRX has outperformed URFRX with an annualized return of 13.48%, while URFRX has yielded a comparatively lower 9.43% annualized return.

RSNRX

• 1D: -0.42%
• 1M: 5.81%
• YTD: 38.18%
• 6M: 40.35%
• 1Y: 104.04%
• 3Y*: 34.64%
• 5Y*: 30.74%
• 10Y*: 13.48%

URFRX

• 1D: -0.57%
• 1M: 3.02%
• YTD: 10.27%
• 6M: 10.83%
• 1Y: 22.11%
• 3Y*: 16.06%
• 5Y*: 8.14%
• 10Y*: 9.43%

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

RSNRX vs. URFRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSNRX Victory Global Energy Transition Fund	38.18%	69.60%	15.94%	-8.64%	35.02%	83.01%	27.35%	-24.49%	-45.81%	1.02%
URFRX USAA Target Retirement 2040 Fund	10.27%	17.49%	10.37%	16.75%	-14.86%	15.88%	9.22%	19.57%	-8.52%	18.48%

Correlation

The correlation between RSNRX and URFRX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Aug 5, 2008	0.67

Over the past year, the correlation between RSNRX and URFRX has dropped to 0.46 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

Return for Risk

RSNRX vs. URFRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RSNRX

RSNRX Risk / Return Rank: 97
RSNRX Sharpe Ratio Rank: 99
RSNRX Sortino Ratio Rank: 96
RSNRX Omega Ratio Rank: 93
RSNRX Calmar Ratio Rank: 98
RSNRX Martin Ratio Rank: 98

URFRX

URFRX Risk / Return Rank: 69
URFRX Sharpe Ratio Rank: 67
URFRX Sortino Ratio Rank: 66
URFRX Omega Ratio Rank: 64
URFRX Calmar Ratio Rank: 72
URFRX Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RSNRX vs. URFRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Global Energy Transition Fund (RSNRX) and USAA Target Retirement 2040 Fund (URFRX). 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.

	RSNRX	URFRX	Difference
Sharpe ratio: Return per unit of total volatility	4.66	2.38	+2.28
Sortino ratio: Return per unit of downside risk	5.23	3.40	+1.83
Omega ratio: Gain probability vs. loss probability	1.73	1.44	+0.29
Calmar ratio: Return relative to maximum drawdown	9.05	3.27	+5.78
Martin ratio: Return relative to average drawdown	30.61	14.33	+16.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSNRX vs. URFRX - Sharpe Ratio Comparison

The current RSNRX Sharpe Ratio is 4.66, which is higher than the URFRX Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of RSNRX and URFRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RSNRX	URFRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.66	2.38	+2.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.24	0.66	+0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.72	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.52	-0.21

Drawdowns

RSNRX vs. URFRX - Drawdown Comparison

The maximum RSNRX drawdown since its inception was -89.73%, which is greater than URFRX's maximum drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for RSNRX and URFRX.

Drawdown Indicators

	RSNRX	URFRX	Difference
Max Drawdown Largest peak-to-trough decline	-89.73%	-39.33%	-50.40%
Max Drawdown (1Y) Largest decline over 1 year	-11.65%	-6.88%	-4.77%
Max Drawdown (3Y) Largest decline over 3 years	-25.44%	-12.41%	-13.03%
Max Drawdown (5Y) Largest decline over 5 years	-25.44%	-22.27%	-3.17%
Max Drawdown (10Y) Largest decline over 10 years	-84.27%	-28.59%	-55.68%
Current Drawdown Current decline from peak	-0.42%	-0.57%	+0.15%
Average Drawdown Average peak-to-trough decline	-25.93%	-5.19%	-20.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.44%	1.57%	+1.87%

Volatility

RSNRX vs. URFRX - Volatility Comparison

Victory Global Energy Transition Fund (RSNRX) has a higher volatility of 5.36% compared to USAA Target Retirement 2040 Fund (URFRX) at 3.06%. This indicates that RSNRX's price experiences larger fluctuations and is considered to be riskier than URFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSNRX	URFRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.36%	3.06%	+2.30%
Volatility (6M) Calculated over the trailing 6-month period	17.01%	7.57%	+9.44%
Volatility (1Y) Calculated over the trailing 1-year period	22.61%	9.43%	+13.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.92%	12.33%	+12.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.51%	13.08%	+18.43%

RSNRX vs. URFRX - Expense Ratio Comparison

RSNRX has a 1.48% expense ratio, which is higher than URFRX's 0.02% expense ratio.

Dividends

RSNRX vs. URFRX - Dividend Comparison

RSNRX's dividend yield for the trailing twelve months is around 3.17%, less than URFRX's 6.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RSNRX Victory Global Energy Transition Fund	3.17%	4.38%	1.65%	2.36%	0.78%	0.00%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%
URFRX USAA Target Retirement 2040 Fund	6.39%	7.05%	2.78%	3.94%	10.68%	7.78%	5.49%	12.74%	9.99%	6.53%	3.95%	2.55%

Frequently Asked Questions

Can I hold both RSNRX and URFRX in my portfolio?

RSNRX and URFRX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSNRX or URFRX?

RSNRX has higher volatility (5.36%) compared to URFRX (3.06%). In terms of maximum drawdown, RSNRX dropped -89.73% vs URFRX's -39.33%.

Which has better risk-adjusted returns?

RSNRX currently has the higher Sharpe Ratio (4.66 vs 2.38), 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.