RWSIX vs. PQTAX
Compare and contrast key facts about Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) and PIMCO TRENDS Managed Futures Strategy Fund Class A (PQTAX).
RWSIX is managed by Redwood. It was launched on Nov 1, 2017. PQTAX is managed by PIMCO. It was launched on Dec 31, 2013.
Performance
RWSIX vs. PQTAX - Performance Comparison
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RWSIX vs. PQTAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RWSIX Redwood Systematic Macro Trend ("SMarT") Fund | -1.83% | -2.43% | -0.64% | 8.92% | -6.10% | 18.37% | 22.40% | 11.18% | -3.55% | -6.27% |
PQTAX PIMCO TRENDS Managed Futures Strategy Fund Class A | 4.61% | 2.06% | -3.31% | -4.52% | 11.06% | 14.52% | 8.48% | 2.63% | 1.98% | 1.37% |
Returns By Period
In the year-to-date period, RWSIX achieves a -1.83% return, which is significantly lower than PQTAX's 4.61% return.
RWSIX
- 1D
- 0.00%
- 1M
- -8.37%
- YTD
- -1.83%
- 6M
- -1.31%
- 1Y
- -1.07%
- 3Y*
- -0.39%
- 5Y*
- 1.20%
- 10Y*
- —
PQTAX
- 1D
- 0.28%
- 1M
- -2.24%
- YTD
- 4.61%
- 6M
- 10.21%
- 1Y
- 11.79%
- 3Y*
- 1.77%
- 5Y*
- 3.99%
- 10Y*
- 3.64%
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RWSIX vs. PQTAX - Expense Ratio Comparison
RWSIX has a 1.30% expense ratio, which is lower than PQTAX's 1.81% expense ratio.
Return for Risk
RWSIX vs. PQTAX — Risk / Return Rank
RWSIX
PQTAX
RWSIX vs. PQTAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) and PIMCO TRENDS Managed Futures Strategy Fund Class A (PQTAX). 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.
| RWSIX | PQTAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.08 | 1.35 | -1.44 |
Sortino ratioReturn per unit of downside risk | -0.03 | 1.85 | -1.88 |
Omega ratioGain probability vs. loss probability | 1.00 | 1.24 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | -0.22 | 1.51 | -1.73 |
Martin ratioReturn relative to average drawdown | -0.48 | 3.62 | -4.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RWSIX | PQTAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | 1.35 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.41 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.45 | -0.10 |
Correlation
The correlation between RWSIX and PQTAX is 0.11, 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
RWSIX vs. PQTAX - Dividend Comparison
RWSIX's dividend yield for the trailing twelve months is around 4.59%, while PQTAX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWSIX Redwood Systematic Macro Trend ("SMarT") Fund | 4.59% | 4.51% | 0.00% | 10.35% | 3.41% | 7.81% | 7.78% | 3.05% | 2.51% | 0.63% | 0.00% | 0.00% |
PQTAX PIMCO TRENDS Managed Futures Strategy Fund Class A | 0.00% | 0.00% | 0.00% | 0.00% | 14.61% | 2.22% | 4.46% | 2.29% | 0.10% | 2.54% | 0.00% | 7.65% |
Drawdowns
RWSIX vs. PQTAX - Drawdown Comparison
The maximum RWSIX drawdown since its inception was -24.90%, smaller than the maximum PQTAX drawdown of -28.39%. Use the drawdown chart below to compare losses from any high point for RWSIX and PQTAX.
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Drawdown Indicators
| RWSIX | PQTAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.90% | -28.39% | +3.49% |
Max Drawdown (1Y)Largest decline over 1 year | -9.68% | -8.04% | -1.64% |
Max Drawdown (5Y)Largest decline over 5 years | -24.90% | -28.39% | +3.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.39% | — |
Current DrawdownCurrent decline from peak | -18.29% | -13.57% | -4.72% |
Average DrawdownAverage peak-to-trough decline | -6.72% | -9.31% | +2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 3.35% | +1.09% |
Volatility
RWSIX vs. PQTAX - Volatility Comparison
Redwood Systematic Macro Trend ("SMarT") Fund (RWSIX) has a higher volatility of 4.46% compared to PIMCO TRENDS Managed Futures Strategy Fund Class A (PQTAX) at 3.55%. This indicates that RWSIX's price experiences larger fluctuations and is considered to be riskier than PQTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RWSIX | PQTAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 3.55% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 7.43% | 6.73% | +0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.44% | 8.80% | +2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.09% | 9.90% | +2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.26% | 9.42% | +2.84% |