TNBIX vs. TNUIX
Compare and contrast key facts about 1290 SmartBeta Equity Fund (TNBIX) and 1290 Diversified Bond Fund (TNUIX).
TNBIX is managed by 1290 Funds. It was launched on Nov 11, 2014. TNUIX is managed by 1290 Funds. It was launched on Jul 6, 2015.
Performance
TNBIX vs. TNUIX - Performance Comparison
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TNBIX vs. TNUIX - 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% |
TNUIX 1290 Diversified Bond Fund | -0.96% | 10.61% | -3.72% | 3.21% | -12.54% | -2.46% | 17.14% | 10.28% | 2.30% | 3.47% |
Returns By Period
In the year-to-date period, TNBIX achieves a -2.03% return, which is significantly lower than TNUIX's -0.96% return. Over the past 10 years, TNBIX has outperformed TNUIX with an annualized return of 10.18%, while TNUIX has yielded a comparatively lower 2.60% 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%
TNUIX
- 1D
- -0.12%
- 1M
- -2.59%
- YTD
- -0.96%
- 6M
- -0.49%
- 1Y
- 5.20%
- 3Y*
- 1.99%
- 5Y*
- -1.24%
- 10Y*
- 2.60%
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TNBIX vs. TNUIX - Expense Ratio Comparison
TNBIX has a 0.85% expense ratio, which is higher than TNUIX's 0.50% expense ratio.
Return for Risk
TNBIX vs. TNUIX — Risk / Return Rank
TNBIX
TNUIX
TNBIX vs. TNUIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 SmartBeta Equity Fund (TNBIX) and 1290 Diversified Bond Fund (TNUIX). 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 | TNUIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.94 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.39 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.18 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 1.50 | -0.30 |
Martin ratioReturn relative to average drawdown | 5.76 | 5.38 | +0.38 |
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 | TNUIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.94 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | -0.13 | +0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.34 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.29 | +0.32 |
Correlation
The correlation between TNBIX and TNUIX is 0.25, 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
TNBIX vs. TNUIX - Dividend Comparison
TNBIX's dividend yield for the trailing twelve months is around 4.89%, less than TNUIX's 5.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TNUIX 1290 Diversified Bond Fund | 5.38% | 7.28% | 6.39% | 3.71% | 3.51% | 4.61% | 2.68% | 8.07% | 3.67% | 2.94% | 0.12% |
Drawdowns
TNBIX vs. TNUIX - Drawdown Comparison
The maximum TNBIX drawdown since its inception was -30.11%, which is greater than TNUIX's maximum drawdown of -26.30%. Use the drawdown chart below to compare losses from any high point for TNBIX and TNUIX.
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Drawdown Indicators
| TNBIX | TNUIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.11% | -26.30% | -3.81% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -3.93% | -5.57% |
Max Drawdown (5Y)Largest decline over 5 years | -23.13% | -26.30% | +3.17% |
Max Drawdown (10Y)Largest decline over 10 years | -30.11% | -26.30% | -3.81% |
Current DrawdownCurrent decline from peak | -5.81% | -9.42% | +3.61% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -6.27% | +2.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 1.10% | +0.89% |
Volatility
TNBIX vs. TNUIX - Volatility Comparison
1290 SmartBeta Equity Fund (TNBIX) has a higher volatility of 4.15% compared to 1290 Diversified Bond Fund (TNUIX) at 1.94%. This indicates that TNBIX's price experiences larger fluctuations and is considered to be riskier than TNUIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TNBIX | TNUIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 1.94% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 6.82% | 3.22% | +3.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 6.26% | +6.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.26% | 9.43% | +3.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.79% | 7.67% | +7.12% |