RTAI vs. RDFI

Last updated Jun 3, 2026

RTAI (Rareview Tax Advantaged Income ETF) and RDFI (Rareview Dynamic Fixed Income ETF) are both exchange-traded funds - RTAI is a Municipal Bonds fund actively managed by Rareview Funds, while RDFI is a Multisector Bonds fund actively managed by Rareview Funds. Both are actively managed. Over the past 5 years, RTAI returned -0.71%/yr vs 2.86%/yr for RDFI. A 0.71 correlation means they provide meaningful diversification when combined. RTAI charges 3.78%/yr vs 3.69%/yr for RDFI.

Performance

RTAI vs. RDFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Tax Advantaged Income ETF (RTAI) and Rareview Dynamic Fixed Income ETF (RDFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RTAI achieves a 2.79% return, which is significantly higher than RDFI's 1.84% return.

RTAI

• 1D: 0.15%
• 1M: 1.10%
• YTD: 2.79%
• 6M: 3.48%
• 1Y: 10.46%
• 3Y*: 7.37%
• 5Y*: -0.71%
• 10Y*: —

RDFI

• 1D: 0.06%
• 1M: -0.48%
• YTD: 1.84%
• 6M: 2.39%
• 1Y: 9.23%
• 3Y*: 10.67%
• 5Y*: 2.86%
• 10Y*: —

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

RTAI vs. RDFI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RTAI Rareview Tax Advantaged Income ETF	2.79%	5.54%	7.17%	4.33%	-22.55%	10.62%	5.10%
RDFI Rareview Dynamic Fixed Income ETF	1.84%	9.83%	13.15%	8.57%	-17.06%	12.51%	8.65%

Correlation

The correlation between RTAI and RDFI is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 22, 2020	0.71

The correlation between RTAI and RDFI has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.

RTAI vs. RDFI - Sectors Allocation Comparison

Sectors	RTAI	RDFI
Financial Services	99.0%	57.4%
Basic Materials	-	0.3%
Communication Services	-	0.1%
Consumer Cyclical	-	0.4%
Consumer Defensive	-	0.1%
Energy	-	32.0%
Healthcare	-	0.0%
Industrials	-	2.0%
Real Estate	-	2.2%
Technology	-	1.7%
Utilities	-	3.7%

Return for Risk

RTAI vs. RDFI — Risk / Return Rank

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

RTAI

RTAI Risk / Return Rank: 44
RTAI Sharpe Ratio Rank: 45
RTAI Sortino Ratio Rank: 52
RTAI Omega Ratio Rank: 51
RTAI Calmar Ratio Rank: 32
RTAI Martin Ratio Rank: 41

RDFI

RDFI Risk / Return Rank: 33
RDFI Sharpe Ratio Rank: 37
RDFI Sortino Ratio Rank: 35
RDFI Omega Ratio Rank: 40
RDFI Calmar Ratio Rank: 25
RDFI Martin Ratio Rank: 30

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.

RTAI vs. RDFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Tax Advantaged Income ETF (RTAI) and Rareview Dynamic Fixed Income ETF (RDFI). 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.

	RTAI	RDFI	Difference
Sharpe ratio Return per unit of total volatility	1.59	1.32	+0.27
Sortino ratio Return per unit of downside risk	2.58	1.84	+0.73
Omega ratio Gain probability vs. loss probability	1.32	1.27	+0.05
Calmar ratio Return relative to maximum drawdown	1.63	1.17	+0.46
Martin ratio Return relative to average drawdown	6.68	4.49	+2.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RTAI vs. RDFI - Sharpe Ratio Comparison

The current RTAI Sharpe Ratio is 1.59, which is comparable to the RDFI Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of RTAI and RDFI, 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

	RTAI	RDFI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.32	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	0.35	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.77	-0.59

Drawdowns

RTAI vs. RDFI - Drawdown Comparison

The maximum RTAI drawdown since its inception was -34.32%, which is greater than RDFI's maximum drawdown of -23.71%. Use the drawdown chart below to compare losses from any high point for RTAI and RDFI.

Drawdown Indicators

	RTAI	RDFI	Difference
Max Drawdown Largest peak-to-trough decline	-34.32%	-23.71%	-10.61%
Max Drawdown (1Y) Largest decline over 1 year	-6.18%	-8.01%	+1.83%
Max Drawdown (3Y) Largest decline over 3 years	-15.71%	-10.41%	-5.30%
Max Drawdown (5Y) Largest decline over 5 years	-34.32%	-23.71%	-10.61%
Current Drawdown Current decline from peak	-7.33%	-2.71%	-4.62%
Average Drawdown Average peak-to-trough decline	-13.84%	-7.21%	-6.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	2.09%	-0.58%

Volatility

RTAI vs. RDFI - Volatility Comparison

Rareview Tax Advantaged Income ETF (RTAI) has a higher volatility of 2.90% compared to Rareview Dynamic Fixed Income ETF (RDFI) at 2.42%. This indicates that RTAI's price experiences larger fluctuations and is considered to be riskier than RDFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RTAI	RDFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	2.42%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	5.36%	6.23%	-0.87%
Volatility (1Y) Calculated over the trailing 1-year period	6.62%	7.02%	-0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.33%	8.15%	+1.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.06%	7.96%	+1.10%

RTAI vs. RDFI - Expense Ratio Comparison

RTAI has a 3.78% expense ratio, which is higher than RDFI's 3.69% expense ratio.

Dividends

RTAI vs. RDFI - Dividend Comparison

RTAI's dividend yield for the trailing twelve months is around 5.52%, less than RDFI's 8.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
RDFI Rareview Dynamic Fixed Income ETF	8.29%	8.17%	8.14%	7.38%	4.70%	6.78%	1.01%
RTAI Rareview Tax Advantaged Income ETF	5.04%	5.66%	5.02%	3.07%	3.71%	4.73%	0.48%

Frequently Asked Questions

Can I hold both RTAI and RDFI in my portfolio?

RTAI and RDFI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RTAI or RDFI?

RTAI has higher volatility (2.90%) compared to RDFI (2.42%). In terms of maximum drawdown, RTAI dropped -34.32% vs RDFI's -23.71%.

Which ETF is better, RTAI or RDFI?

On 5-year performance, RDFI leads with 2.86% vs -0.71% for RTAI. On fees, RDFI is cheaper at 3.69% per year. On volatility, RDFI has been the lower-risk option at 2.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RTAI or RDFI?

Over the 5-year period, RDFI has performed better with a 2.86% return vs -0.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RTAI or RDFI?

RDFI is cheaper with a 3.69% expense ratio, compared with 3.78% for RTAI.

Which ETF pays a higher dividend yield, RTAI or RDFI?

RDFI has the higher dividend yield at 8.98%, compared with 5.52% for RTAI.

What is the main difference between RTAI and RDFI?

RTAI is categorized as Municipal Bonds, while RDFI is Multisector Bonds. Their fees differ too: 3.78% for RTAI and 3.69% for RDFI.

Which has better risk-adjusted returns?

RTAI currently has the higher Sharpe Ratio (1.59 vs 1.32), 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.