TNBIX vs. FMIEX
Compare and contrast key facts about 1290 SmartBeta Equity Fund (TNBIX) and Wasatch Global Value Fund Investor Class Shares (FMIEX).
TNBIX is managed by 1290 Funds. It was launched on Nov 11, 2014. FMIEX is managed by Wasatch. It was launched on Sep 25, 1996.
Performance
TNBIX vs. FMIEX - Performance Comparison
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TNBIX vs. FMIEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TNBIX 1290 SmartBeta Equity Fund | -2.03% | 13.93% | 16.70% | 16.79% | -14.43% | 22.84% | 11.09% | 26.66% | -5.66% | 19.93% |
FMIEX Wasatch Global Value Fund Investor Class Shares | 7.66% | 30.93% | 8.66% | 5.67% | -0.12% | 25.11% | 2.04% | 17.27% | -5.67% | 11.21% |
Returns By Period
In the year-to-date period, TNBIX achieves a -2.03% return, which is significantly lower than FMIEX's 7.66% return. Over the past 10 years, TNBIX has underperformed FMIEX with an annualized return of 10.18%, while FMIEX has yielded a comparatively higher 11.20% annualized return.
TNBIX
- 1D
- 1.91%
- 1M
- -5.49%
- YTD
- -2.03%
- 6M
- -0.91%
- 1Y
- 10.43%
- 3Y*
- 13.36%
- 5Y*
- 8.69%
- 10Y*
- 10.18%
FMIEX
- 1D
- 1.53%
- 1M
- -3.71%
- YTD
- 7.66%
- 6M
- 12.40%
- 1Y
- 26.75%
- 3Y*
- 17.27%
- 5Y*
- 11.77%
- 10Y*
- 11.20%
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TNBIX vs. FMIEX - Expense Ratio Comparison
TNBIX has a 0.85% expense ratio, which is lower than FMIEX's 1.10% expense ratio.
Return for Risk
TNBIX vs. FMIEX — Risk / Return Rank
TNBIX
FMIEX
TNBIX vs. FMIEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 SmartBeta Equity Fund (TNBIX) and Wasatch Global Value Fund Investor Class Shares (FMIEX). 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.
| TNBIX | FMIEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 2.22 | -1.37 |
Sortino ratioReturn per unit of downside risk | 1.28 | 2.97 | -1.69 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.44 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.83 | -1.63 |
Martin ratioReturn relative to average drawdown | 5.76 | 13.12 | -7.36 |
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
| TNBIX | FMIEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 2.22 | -1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.93 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.71 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.59 | +0.02 |
Correlation
The correlation between TNBIX and FMIEX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TNBIX vs. FMIEX - Dividend Comparison
TNBIX's dividend yield for the trailing twelve months is around 4.89%, which matches FMIEX's 4.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNBIX 1290 SmartBeta Equity Fund | 4.89% | 4.80% | 4.47% | 1.44% | 1.08% | 7.47% | 1.31% | 2.27% | 5.45% | 1.59% | 1.32% | 0.00% |
FMIEX Wasatch Global Value Fund Investor Class Shares | 4.88% | 5.76% | 9.02% | 3.27% | 8.54% | 4.34% | 1.74% | 3.82% | 18.46% | 16.45% | 5.16% | 11.75% |
Drawdowns
TNBIX vs. FMIEX - Drawdown Comparison
The maximum TNBIX drawdown since its inception was -30.11%, smaller than the maximum FMIEX drawdown of -49.85%. Use the drawdown chart below to compare losses from any high point for TNBIX and FMIEX.
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Drawdown Indicators
| TNBIX | FMIEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.11% | -49.85% | +19.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -9.34% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -23.13% | -18.63% | -4.50% |
Max Drawdown (10Y)Largest decline over 10 years | -30.11% | -39.33% | +9.22% |
Current DrawdownCurrent decline from peak | -5.81% | -4.40% | -1.41% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -6.61% | +2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 2.06% | -0.07% |
Volatility
TNBIX vs. FMIEX - Volatility Comparison
1290 SmartBeta Equity Fund (TNBIX) has a higher volatility of 4.15% compared to Wasatch Global Value Fund Investor Class Shares (FMIEX) at 3.91%. This indicates that TNBIX's price experiences larger fluctuations and is considered to be riskier than FMIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TNBIX | FMIEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 3.91% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 6.82% | 6.85% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 11.87% | +1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.26% | 12.77% | +0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.79% | 15.73% | -0.94% |