TMNIX vs. RTHAX
Compare and contrast key facts about Counterpoint Tactical Municipal Fund (TMNIX) and Russell Investments Tax-Exempt High Yield Bond Fund (RTHAX).
TMNIX is managed by Counterpoint Mutual Funds. It was launched on Jun 10, 2018. RTHAX is managed by Russell. It was launched on May 31, 2015.
Performance
TMNIX vs. RTHAX - Performance Comparison
Loading graphics...
TMNIX vs. RTHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TMNIX Counterpoint Tactical Municipal Fund | -0.24% | 2.56% | 3.92% | 6.85% | -3.12% | 2.96% | 6.73% | 8.70% | 0.12% |
RTHAX Russell Investments Tax-Exempt High Yield Bond Fund | -0.36% | 2.11% | 4.49% | 7.78% | -13.62% | 5.54% | 3.84% | 10.18% | 0.28% |
Returns By Period
In the year-to-date period, TMNIX achieves a -0.24% return, which is significantly higher than RTHAX's -0.36% return.
TMNIX
- 1D
- 0.03%
- 1M
- -2.18%
- YTD
- -0.24%
- 6M
- 0.90%
- 1Y
- 3.88%
- 3Y*
- 3.41%
- 5Y*
- 2.37%
- 10Y*
- —
RTHAX
- 1D
- 0.21%
- 1M
- -2.54%
- YTD
- -0.36%
- 6M
- 1.02%
- 1Y
- 1.76%
- 3Y*
- 3.63%
- 5Y*
- 0.53%
- 10Y*
- 2.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TMNIX vs. RTHAX - Expense Ratio Comparison
TMNIX has a 1.00% expense ratio, which is higher than RTHAX's 0.89% expense ratio.
Return for Risk
TMNIX vs. RTHAX — Risk / Return Rank
TMNIX
RTHAX
TMNIX vs. RTHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Counterpoint Tactical Municipal Fund (TMNIX) and Russell Investments Tax-Exempt High Yield Bond Fund (RTHAX). 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.
| TMNIX | RTHAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 0.30 | +1.40 |
Sortino ratioReturn per unit of downside risk | 2.55 | 0.44 | +2.10 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.11 | +0.33 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 0.35 | +1.47 |
Martin ratioReturn relative to average drawdown | 6.57 | 0.92 | +5.65 |
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
| TMNIX | RTHAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 0.30 | +1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.11 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 0.62 | +0.73 |
Correlation
The correlation between TMNIX and RTHAX is 0.59, 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.
Dividends
TMNIX vs. RTHAX - Dividend Comparison
TMNIX's dividend yield for the trailing twelve months is around 3.07%, less than RTHAX's 4.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TMNIX Counterpoint Tactical Municipal Fund | 3.07% | 2.79% | 3.31% | 3.40% | 0.36% | 4.39% | 2.36% | 3.69% | 1.10% | 0.00% | 0.00% |
RTHAX Russell Investments Tax-Exempt High Yield Bond Fund | 4.27% | 3.60% | 4.02% | 3.97% | 3.64% | 2.80% | 3.10% | 3.83% | 3.86% | 3.44% | 4.06% |
Drawdowns
TMNIX vs. RTHAX - Drawdown Comparison
The maximum TMNIX drawdown since its inception was -4.63%, smaller than the maximum RTHAX drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for TMNIX and RTHAX.
Loading graphics...
Drawdown Indicators
| TMNIX | RTHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.63% | -18.89% | +14.26% |
Max Drawdown (1Y)Largest decline over 1 year | -2.21% | -6.55% | +4.34% |
Max Drawdown (5Y)Largest decline over 5 years | -4.63% | -18.89% | +14.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.89% | — |
Current DrawdownCurrent decline from peak | -2.18% | -2.54% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -1.48% | -3.78% | +2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 2.49% | -1.88% |
Volatility
TMNIX vs. RTHAX - Volatility Comparison
Counterpoint Tactical Municipal Fund (TMNIX) and Russell Investments Tax-Exempt High Yield Bond Fund (RTHAX) have volatilities of 1.10% and 1.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TMNIX | RTHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 1.14% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 1.69% | 1.62% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.35% | 6.87% | -4.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.00% | 5.08% | -2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.68% | 4.96% | -2.28% |