RTAI vs. SCNM
RTAI (Rareview Tax Advantaged Income ETF) and SCNM (Sterling Capital National Municipal Bond ETF) are both Municipal Bonds funds. Both are actively managed. Their 0.46 correlation means their historical movements had little consistent relationship. RTAI charges 3.78%/yr vs 0.35%/yr for SCNM.
Performance
RTAI vs. SCNM - Performance Comparison
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Returns By Period
In the year-to-date period, RTAI achieves a 1.31% return, which is significantly higher than SCNM's 0.25% return.
RTAI
- 1D
- -0.39%
- 1M
- -3.42%
- 6M
- -1.09%
- YTD
- 1.31%
- 1Y
- 7.74%
- 3Y*
- 5.66%
- 5Y*
- -1.63%
- 10Y*
- —
- ALL TIME*
- 1.28%
SCNM
- 1D
- -0.04%
- 1M
- -1.49%
- 6M
- -0.31%
- YTD
- 0.25%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.00K | $4.73K | $23.89K | |
| $482.32K | $687.38K | $905.96K |
RTAI vs. SCNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RTAI Rareview Tax Advantaged Income ETF | 1.31% | -0.39% |
SCNM Sterling Capital National Municipal Bond ETF | 0.25% | 0.09% |
Correlation
The correlation between RTAI and SCNM is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025 | 0.46 |
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Return for Risk
RTAI vs. SCNM — Risk / Return Rank
RTAI
SCNM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RTAI vs. SCNM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rareview Tax Advantaged Income ETF (RTAI) and Sterling Capital National Municipal Bond ETF (SCNM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RTAI | SCNM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | — | — |
| Martin ratioReturn relative to average drawdown | 5.58 | — | — |
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Drawdowns
RTAI vs. SCNM - Drawdown Comparison
The maximum RTAI drawdown since its inception was -34.32%, which is greater than SCNM's maximum drawdown of -2.81%. Use the drawdown chart below to compare losses from any high point for RTAI and SCNM.
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Drawdown Indicators
| RTAI | SCNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.32% | -2.81% | -31.51% |
Max Drawdown (1Y)Largest decline over 1 year | -6.18% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -13.16% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.32% | — | — |
Current DrawdownCurrent decline from peak | -8.67% | -1.59% | -7.08% |
Average DrawdownAverage peak-to-trough decline | -13.63% | -0.78% | -12.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | — | — |
Volatility
RTAI vs. SCNM - Volatility Comparison
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Volatility by Period
| RTAI | SCNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.75% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.59% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.86% | 3.17% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.38% | 3.17% | +6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.99% | 3.17% | +5.82% |
RTAI vs. SCNM - Expense Ratio Comparison
RTAI has a 3.78% expense ratio, which is higher than SCNM's 0.35% expense ratio.
Dividends
RTAI vs. SCNM - Dividend Comparison
RTAI's dividend yield for the trailing twelve months is around 5.07%, more than SCNM's 1.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
RTAI Rareview Tax Advantaged Income ETF | 5.07% | 5.66% | 5.02% | 3.07% | 3.71% | 4.73% | 0.48% |
SCNM Sterling Capital National Municipal Bond ETF | 1.79% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RTAI and SCNM 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.
On fees, SCNM is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCNM is cheaper with a 0.35% expense ratio, compared with 3.78% for RTAI.
RTAI has the higher dividend yield at 5.07%, compared with 1.79% for SCNM.
They also come from different issuers: Rareview and Sterling Capital. Their fees differ too: 3.78% for RTAI and 0.35% for SCNM.
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