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RTAI vs. QVMS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

RTAI vs. QVMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Tax Advantaged Income ETF (RTAI) and Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
7.64%
11.63%
RTAI
QVMS

Returns By Period

In the year-to-date period, RTAI achieves a 9.34% return, which is significantly lower than QVMS's 14.40% return.


RTAI

YTD

9.34%

1M

-2.73%

6M

7.64%

1Y

16.99%

5Y (annualized)

N/A

10Y (annualized)

N/A

QVMS

YTD

14.40%

1M

2.78%

6M

11.63%

1Y

28.21%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


RTAIQVMS
Sharpe Ratio2.161.42
Sortino Ratio3.142.16
Omega Ratio1.391.26
Calmar Ratio0.681.95
Martin Ratio10.708.17
Ulcer Index1.62%3.50%
Daily Std Dev8.02%20.10%
Max Drawdown-34.32%-24.77%
Current Drawdown-12.86%-3.89%

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RTAI vs. QVMS - Expense Ratio Comparison

RTAI has a 3.78% expense ratio, which is higher than QVMS's 0.15% 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 QVMS: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.00.3

The correlation between RTAI and QVMS is 0.29, 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.

Risk-Adjusted Performance

RTAI vs. QVMS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Tax Advantaged Income ETF (RTAI) and Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS). 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 2.16, compared to the broader market0.002.004.006.002.161.42
The chart of Sortino ratio for RTAI, currently valued at 3.14, compared to the broader market-2.000.002.004.006.008.0010.0012.003.142.16
The chart of Omega ratio for RTAI, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.391.26
The chart of Calmar ratio for RTAI, currently valued at 0.68, compared to the broader market0.005.0010.0015.000.681.95
The chart of Martin ratio for RTAI, currently valued at 10.70, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.708.17
RTAI
QVMS

The current RTAI Sharpe Ratio is 2.16, which is higher than the QVMS Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of RTAI and QVMS, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.16
1.42
RTAI
QVMS

Dividends

RTAI vs. QVMS - Dividend Comparison

RTAI's dividend yield for the trailing twelve months is around 4.67%, more than QVMS's 1.24% yield.


TTM2023202220212020
RTAI
Rareview Tax Advantaged Income ETF
4.67%3.06%3.71%4.73%0.47%
QVMS
Invesco S&P SmallCap 600 QVM Multi-factor ETF
1.24%1.51%1.58%0.64%0.00%

Drawdowns

RTAI vs. QVMS - Drawdown Comparison

The maximum RTAI drawdown since its inception was -34.32%, which is greater than QVMS's maximum drawdown of -24.77%. Use the drawdown chart below to compare losses from any high point for RTAI and QVMS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.86%
-3.89%
RTAI
QVMS

Volatility

RTAI vs. QVMS - Volatility Comparison

The current volatility for Rareview Tax Advantaged Income ETF (RTAI) is 3.03%, while Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) has a volatility of 7.65%. This indicates that RTAI experiences smaller price fluctuations and is considered to be less risky than QVMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.03%
7.65%
RTAI
QVMS