STBNX vs. CPITX
Compare and contrast key facts about Sierra Tactical Bond Fund (STBNX) and Counterpoint Tactical Income Fund (CPITX).
STBNX is managed by Sierra Mutual Funds. It was launched on Sep 30, 2019. CPITX is managed by Counterpoint Mutual Funds. It was launched on Dec 3, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STBNX or CPITX.
Performance
STBNX vs. CPITX - Performance Comparison
Returns By Period
In the year-to-date period, STBNX achieves a 6.31% return, which is significantly lower than CPITX's 6.65% return.
STBNX
6.31%
0.79%
5.17%
10.61%
4.39%
N/A
CPITX
6.65%
0.66%
4.35%
9.82%
5.33%
N/A
Key characteristics
| STBNX | CPITX | |
|---|---|---|
| Sharpe Ratio | 2.99 | 4.80 |
| Sortino Ratio | 4.61 | 7.61 |
| Omega Ratio | 1.67 | 2.27 |
| Calmar Ratio | 2.18 | 10.09 |
| Martin Ratio | 22.31 | 44.62 |
| Ulcer Index | 0.48% | 0.22% |
| Daily Std Dev | 3.55% | 2.05% |
| Max Drawdown | -8.08% | -5.18% |
| Current Drawdown | -0.30% | -0.09% |
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STBNX vs. CPITX - Expense Ratio Comparison
STBNX has a 1.63% expense ratio, which is higher than CPITX's 1.46% expense ratio.
Correlation
The correlation between STBNX and CPITX is 0.64, 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
STBNX vs. CPITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sierra Tactical Bond Fund (STBNX) and Counterpoint Tactical Income Fund (CPITX). 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
STBNX vs. CPITX - Dividend Comparison
STBNX's dividend yield for the trailing twelve months is around 4.77%, less than CPITX's 5.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
STBNX Sierra Tactical Bond Fund | 4.77% | 4.53% | 1.41% | 2.74% | 2.05% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% |
CPITX Counterpoint Tactical Income Fund | 5.82% | 5.81% | 2.64% | 3.95% | 2.26% | 3.68% | 2.14% | 4.59% | 3.24% | 1.39% |
Drawdowns
STBNX vs. CPITX - Drawdown Comparison
The maximum STBNX drawdown since its inception was -8.08%, which is greater than CPITX's maximum drawdown of -5.18%. Use the drawdown chart below to compare losses from any high point for STBNX and CPITX. For additional features, visit the drawdowns tool.
Volatility
STBNX vs. CPITX - Volatility Comparison
Sierra Tactical Bond Fund (STBNX) has a higher volatility of 0.70% compared to Counterpoint Tactical Income Fund (CPITX) at 0.54%. This indicates that STBNX's price experiences larger fluctuations and is considered to be riskier than CPITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.