RWMIX vs. RWDIX
Compare and contrast key facts about Redwood Managed Municipal Income Fund (RWMIX) and Redwood Managed Volatility Fund (RWDIX).
RWMIX is managed by Redwood. It was launched on Mar 8, 2017. RWDIX is managed by Redwood. It was launched on Dec 18, 2013.
Performance
RWMIX vs. RWDIX - Performance Comparison
Loading graphics...
RWMIX vs. RWDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RWMIX Redwood Managed Municipal Income Fund | 0.01% | -2.18% | 2.69% | 3.77% | -9.56% | 4.28% | 0.13% | 10.09% | 0.30% | 3.08% |
RWDIX Redwood Managed Volatility Fund | -1.05% | 4.75% | 6.63% | 1.04% | -11.18% | 0.52% | -1.93% | 9.04% | -2.60% | 2.31% |
Returns By Period
In the year-to-date period, RWMIX achieves a 0.01% return, which is significantly higher than RWDIX's -1.05% return.
RWMIX
- 1D
- -0.01%
- 1M
- -1.88%
- YTD
- 0.01%
- 6M
- 0.93%
- 1Y
- -1.25%
- 3Y*
- 0.91%
- 5Y*
- -0.57%
- 10Y*
- —
RWDIX
- 1D
- 0.11%
- 1M
- -1.67%
- YTD
- -1.05%
- 6M
- 0.07%
- 1Y
- 2.84%
- 3Y*
- 3.23%
- 5Y*
- 0.01%
- 10Y*
- 2.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RWMIX vs. RWDIX - Expense Ratio Comparison
RWMIX has a 1.00% expense ratio, which is lower than RWDIX's 1.56% expense ratio.
Return for Risk
RWMIX vs. RWDIX — Risk / Return Rank
RWMIX
RWDIX
RWMIX vs. RWDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwood Managed Municipal Income Fund (RWMIX) and Redwood Managed Volatility Fund (RWDIX). 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.
| RWMIX | RWDIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.25 | 1.14 | -1.39 |
Sortino ratioReturn per unit of downside risk | -0.25 | 1.45 | -1.70 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.26 | -0.34 |
Calmar ratioReturn relative to maximum drawdown | -0.18 | 0.95 | -1.12 |
Martin ratioReturn relative to average drawdown | -0.26 | 2.75 | -3.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RWMIX | RWDIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 1.14 | -1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.00 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.41 | -0.04 |
Correlation
The correlation between RWMIX and RWDIX 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.
Dividends
RWMIX vs. RWDIX - Dividend Comparison
RWMIX's dividend yield for the trailing twelve months is around 3.58%, less than RWDIX's 5.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWMIX Redwood Managed Municipal Income Fund | 3.58% | 2.67% | 4.08% | 2.80% | 1.02% | 6.80% | 2.16% | 3.36% | 2.13% | 2.06% | 0.00% | 0.00% |
RWDIX Redwood Managed Volatility Fund | 5.09% | 4.90% | 5.82% | 7.60% | 0.47% | 6.36% | 5.42% | 3.59% | 2.59% | 5.52% | 5.14% | 1.17% |
Drawdowns
RWMIX vs. RWDIX - Drawdown Comparison
The maximum RWMIX drawdown since its inception was -12.90%, smaller than the maximum RWDIX drawdown of -16.69%. Use the drawdown chart below to compare losses from any high point for RWMIX and RWDIX.
Loading graphics...
Drawdown Indicators
| RWMIX | RWDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.90% | -16.69% | +3.79% |
Max Drawdown (1Y)Largest decline over 1 year | -5.56% | -2.61% | -2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -12.90% | -16.10% | +3.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.69% | — |
Current DrawdownCurrent decline from peak | -7.10% | -2.79% | -4.31% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -4.47% | -0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 0.90% | +2.86% |
Volatility
RWMIX vs. RWDIX - Volatility Comparison
Redwood Managed Municipal Income Fund (RWMIX) has a higher volatility of 1.08% compared to Redwood Managed Volatility Fund (RWDIX) at 1.02%. This indicates that RWMIX's price experiences larger fluctuations and is considered to be riskier than RWDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RWMIX | RWDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.02% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 1.56% | 1.52% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.89% | 2.53% | +1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.92% | 4.67% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.54% | 4.32% | -0.78% |