PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
RTAI vs. KHYB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RTAI and KHYB is 0.21, 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.


-0.50.00.51.00.2

Performance

RTAI vs. KHYB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Tax Advantaged Income ETF (RTAI) and KraneShares Asia Pacific High Income Bond ETF (KHYB). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
-0.35%
-10.16%
RTAI
KHYB

Key characteristics

Sharpe Ratio

RTAI:

0.85

KHYB:

2.08

Sortino Ratio

RTAI:

1.21

KHYB:

2.62

Omega Ratio

RTAI:

1.15

KHYB:

1.49

Calmar Ratio

RTAI:

0.30

KHYB:

0.44

Martin Ratio

RTAI:

3.68

KHYB:

16.15

Ulcer Index

RTAI:

1.82%

KHYB:

0.53%

Daily Std Dev

RTAI:

7.87%

KHYB:

4.14%

Max Drawdown

RTAI:

-34.32%

KHYB:

-33.01%

Current Drawdown

RTAI:

-15.47%

KHYB:

-12.69%

Returns By Period

In the year-to-date period, RTAI achieves a 6.08% return, which is significantly lower than KHYB's 8.31% return.


RTAI

YTD

6.08%

1M

-3.05%

6M

1.30%

1Y

6.88%

5Y*

N/A

10Y*

N/A

KHYB

YTD

8.31%

1M

-3.28%

6M

1.07%

1Y

8.49%

5Y*

-1.56%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


RTAI vs. KHYB - Expense Ratio Comparison

RTAI has a 3.78% expense ratio, which is higher than KHYB's 0.69% expense ratio.


RTAI
Rareview Tax Advantaged Income ETF
Expense ratio chart for RTAI: current value at 3.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%3.78%
Expense ratio chart for KHYB: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

RTAI vs. KHYB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Tax Advantaged Income ETF (RTAI) and KraneShares Asia Pacific High Income Bond ETF (KHYB). 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.


Sharpe ratio
The chart of Sharpe ratio for RTAI, currently valued at 0.85, compared to the broader market0.002.004.000.852.08
The chart of Sortino ratio for RTAI, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.0010.001.212.62
The chart of Omega ratio for RTAI, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.49
The chart of Calmar ratio for RTAI, currently valued at 0.30, compared to the broader market0.005.0010.0015.000.300.44
The chart of Martin ratio for RTAI, currently valued at 3.68, compared to the broader market0.0020.0040.0060.0080.00100.003.6816.15
RTAI
KHYB

The current RTAI Sharpe Ratio is 0.85, which is lower than the KHYB Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of RTAI and KHYB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
0.85
2.08
RTAI
KHYB

Dividends

RTAI vs. KHYB - Dividend Comparison

RTAI's dividend yield for the trailing twelve months is around 5.07%, less than KHYB's 8.49% yield.


TTM202320222021202020192018
RTAI
Rareview Tax Advantaged Income ETF
5.07%3.06%3.71%4.73%0.47%0.00%0.00%
KHYB
KraneShares Asia Pacific High Income Bond ETF
8.49%15.56%9.67%6.22%6.87%4.93%2.56%

Drawdowns

RTAI vs. KHYB - Drawdown Comparison

The maximum RTAI drawdown since its inception was -34.32%, roughly equal to the maximum KHYB drawdown of -33.01%. Use the drawdown chart below to compare losses from any high point for RTAI and KHYB. For additional features, visit the drawdowns tool.


-16.00%-14.00%-12.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-15.47%
-12.69%
RTAI
KHYB

Volatility

RTAI vs. KHYB - Volatility Comparison

Rareview Tax Advantaged Income ETF (RTAI) has a higher volatility of 2.94% compared to KraneShares Asia Pacific High Income Bond ETF (KHYB) at 2.37%. This indicates that RTAI's price experiences larger fluctuations and is considered to be riskier than KHYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.94%
2.37%
RTAI
KHYB
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab