TNHIX vs. RPHIX
Compare and contrast key facts about 1290 High Yield Bond Fund (TNHIX) and RiverPark Short Term High Yield Fund (RPHIX).
TNHIX is managed by 1290 Funds. It was launched on Nov 12, 2014. RPHIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.
Performance
TNHIX vs. RPHIX - Performance Comparison
Loading graphics...
TNHIX vs. RPHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TNHIX 1290 High Yield Bond Fund | -1.42% | 8.03% | 8.13% | 11.51% | -9.91% | 4.08% | 7.06% | 12.74% | -2.00% | 5.50% |
RPHIX RiverPark Short Term High Yield Fund | 1.02% | 4.76% | 6.71% | 5.87% | 2.97% | 2.05% | 1.95% | 2.77% | 2.44% | 2.50% |
Returns By Period
In the year-to-date period, TNHIX achieves a -1.42% return, which is significantly lower than RPHIX's 1.02% return. Over the past 10 years, TNHIX has outperformed RPHIX with an annualized return of 4.90%, while RPHIX has yielded a comparatively lower 3.51% annualized return.
TNHIX
- 1D
- 0.24%
- 1M
- -1.52%
- YTD
- -1.42%
- 6M
- -0.12%
- 1Y
- 5.91%
- 3Y*
- 7.53%
- 5Y*
- 3.62%
- 10Y*
- 4.90%
RPHIX
- 1D
- 0.10%
- 1M
- 0.41%
- YTD
- 1.02%
- 6M
- 2.21%
- 1Y
- 4.74%
- 3Y*
- 5.70%
- 5Y*
- 4.56%
- 10Y*
- 3.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TNHIX vs. RPHIX - Expense Ratio Comparison
TNHIX has a 1.18% expense ratio, which is higher than RPHIX's 0.89% expense ratio.
Return for Risk
TNHIX vs. RPHIX — Risk / Return Rank
TNHIX
RPHIX
TNHIX vs. RPHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 High Yield Bond Fund (TNHIX) and RiverPark Short Term High Yield Fund (RPHIX). 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.
| TNHIX | RPHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 5.05 | -3.33 |
Sortino ratioReturn per unit of downside risk | 2.42 | 10.09 | -7.67 |
Omega ratioGain probability vs. loss probability | 1.37 | 3.43 | -2.06 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 11.50 | -9.64 |
Martin ratioReturn relative to average drawdown | 9.02 | 85.12 | -76.10 |
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
| TNHIX | RPHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 5.05 | -3.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 3.63 | -2.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.07 | 2.94 | -1.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 2.94 | -2.29 |
Correlation
The correlation between TNHIX and RPHIX is 0.28, 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
TNHIX vs. RPHIX - Dividend Comparison
TNHIX's dividend yield for the trailing twelve months is around 5.87%, more than RPHIX's 4.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNHIX 1290 High Yield Bond Fund | 5.87% | 6.29% | 6.37% | 5.43% | 5.44% | 4.76% | 5.16% | 5.51% | 5.84% | 3.62% | 0.01% | 0.00% |
RPHIX RiverPark Short Term High Yield Fund | 4.10% | 4.76% | 6.40% | 5.08% | 3.46% | 2.03% | 2.44% | 2.85% | 2.83% | 2.68% | 2.63% | 3.19% |
Drawdowns
TNHIX vs. RPHIX - Drawdown Comparison
The maximum TNHIX drawdown since its inception was -18.62%, which is greater than RPHIX's maximum drawdown of -3.16%. Use the drawdown chart below to compare losses from any high point for TNHIX and RPHIX.
Loading graphics...
Drawdown Indicators
| TNHIX | RPHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.62% | -3.16% | -15.46% |
Max Drawdown (1Y)Largest decline over 1 year | -2.96% | -0.41% | -2.55% |
Max Drawdown (5Y)Largest decline over 5 years | -13.52% | -0.92% | -12.60% |
Max Drawdown (10Y)Largest decline over 10 years | -17.00% | -3.16% | -13.84% |
Current DrawdownCurrent decline from peak | -1.88% | 0.00% | -1.88% |
Average DrawdownAverage peak-to-trough decline | -3.38% | -0.09% | -3.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 0.06% | +0.55% |
Volatility
TNHIX vs. RPHIX - Volatility Comparison
1290 High Yield Bond Fund (TNHIX) has a higher volatility of 1.34% compared to RiverPark Short Term High Yield Fund (RPHIX) at 0.24%. This indicates that TNHIX's price experiences larger fluctuations and is considered to be riskier than RPHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TNHIX | RPHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.34% | 0.24% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 0.62% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.37% | 0.97% | +2.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.18% | 1.26% | +2.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.58% | 1.20% | +3.38% |