RVNU vs. TFI
Compare and contrast key facts about Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) and SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI).
RVNU and TFI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RVNU is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive Municipal Infrastructure Revenue Bond Index. It was launched on Jun 4, 2013. TFI is a passively managed fund by State Street that tracks the performance of the Bloomberg US Municipal Managed Money (1-25 Y). It was launched on Sep 11, 2007. Both RVNU and TFI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RVNU or TFI.
Performance
RVNU vs. TFI - Performance Comparison
Returns By Period
In the year-to-date period, RVNU achieves a 2.94% return, which is significantly higher than TFI's 0.64% return. Over the past 10 years, RVNU has outperformed TFI with an annualized return of 2.74%, while TFI has yielded a comparatively lower 1.87% annualized return.
RVNU
2.94%
0.06%
3.29%
9.17%
0.95%
2.74%
TFI
0.64%
-0.18%
2.50%
5.21%
0.36%
1.87%
Key characteristics
| RVNU | TFI | |
|---|---|---|
| Sharpe Ratio | 1.58 | 1.34 |
| Sortino Ratio | 2.36 | 1.94 |
| Omega Ratio | 1.29 | 1.26 |
| Calmar Ratio | 0.69 | 0.58 |
| Martin Ratio | 7.54 | 4.43 |
| Ulcer Index | 1.23% | 1.29% |
| Daily Std Dev | 5.87% | 4.26% |
| Max Drawdown | -23.51% | -15.49% |
| Current Drawdown | -5.47% | -5.17% |
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RVNU vs. TFI - Expense Ratio Comparison
RVNU has a 0.15% expense ratio, which is lower than TFI's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between RVNU and TFI is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
RVNU vs. TFI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) and SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI). 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.
Dividends
RVNU vs. TFI - Dividend Comparison
RVNU's dividend yield for the trailing twelve months is around 2.93%, which matches TFI's 2.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 2.93% | 2.79% | 2.81% | 2.18% | 2.43% | 2.75% | 2.76% | 2.49% | 2.72% | 3.00% | 3.15% | 1.95% |
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF | 2.93% | 2.41% | 1.87% | 1.71% | 2.04% | 2.14% | 2.25% | 2.16% | 2.39% | 2.40% | 2.37% | 3.35% |
Drawdowns
RVNU vs. TFI - Drawdown Comparison
The maximum RVNU drawdown since its inception was -23.51%, which is greater than TFI's maximum drawdown of -15.49%. Use the drawdown chart below to compare losses from any high point for RVNU and TFI. For additional features, visit the drawdowns tool.
Volatility
RVNU vs. TFI - Volatility Comparison
Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) has a higher volatility of 2.80% compared to SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) at 2.12%. This indicates that RVNU's price experiences larger fluctuations and is considered to be riskier than TFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.