TNHIX vs. TNVIX
Compare and contrast key facts about 1290 High Yield Bond Fund (TNHIX) and 1290 GAMCO Small/Mid Cap Value Fund (TNVIX).
TNHIX is managed by 1290 Funds. It was launched on Nov 12, 2014. TNVIX is managed by 1290 Funds. It was launched on Nov 12, 2014.
Performance
TNHIX vs. TNVIX - Performance Comparison
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TNHIX vs. TNVIX - 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% |
TNVIX 1290 GAMCO Small/Mid Cap Value Fund | 4.18% | 13.91% | 11.48% | 21.31% | -11.37% | 21.85% | 11.33% | 19.81% | -14.34% | 19.00% |
Returns By Period
In the year-to-date period, TNHIX achieves a -1.42% return, which is significantly lower than TNVIX's 4.18% return. Over the past 10 years, TNHIX has underperformed TNVIX with an annualized return of 4.90%, while TNVIX has yielded a comparatively higher 10.40% 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%
TNVIX
- 1D
- -1.12%
- 1M
- -9.02%
- YTD
- 4.18%
- 6M
- 6.87%
- 1Y
- 25.29%
- 3Y*
- 14.60%
- 5Y*
- 8.38%
- 10Y*
- 10.40%
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TNHIX vs. TNVIX - Expense Ratio Comparison
TNHIX has a 1.18% expense ratio, which is higher than TNVIX's 0.95% expense ratio.
Return for Risk
TNHIX vs. TNVIX — Risk / Return Rank
TNHIX
TNVIX
TNHIX vs. TNVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 High Yield Bond Fund (TNHIX) and 1290 GAMCO Small/Mid Cap Value Fund (TNVIX). 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 | TNVIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 1.22 | +0.51 |
Sortino ratioReturn per unit of downside risk | 2.42 | 1.81 | +0.61 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.24 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.66 | +0.20 |
Martin ratioReturn relative to average drawdown | 9.02 | 6.32 | +2.70 |
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
| TNHIX | TNVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.22 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.43 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.07 | 0.50 | +0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.45 | +0.21 |
Correlation
The correlation between TNHIX and TNVIX is 0.43, 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
TNHIX vs. TNVIX - Dividend Comparison
TNHIX's dividend yield for the trailing twelve months is around 5.87%, more than TNVIX's 3.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TNVIX 1290 GAMCO Small/Mid Cap Value Fund | 3.79% | 3.95% | 8.76% | 3.82% | 2.51% | 7.05% | 0.47% | 1.74% | 1.58% | 1.87% | 1.79% |
Drawdowns
TNHIX vs. TNVIX - Drawdown Comparison
The maximum TNHIX drawdown since its inception was -18.62%, smaller than the maximum TNVIX drawdown of -42.75%. Use the drawdown chart below to compare losses from any high point for TNHIX and TNVIX.
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Drawdown Indicators
| TNHIX | TNVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.62% | -42.75% | +24.13% |
Max Drawdown (1Y)Largest decline over 1 year | -2.96% | -13.34% | +10.38% |
Max Drawdown (5Y)Largest decline over 5 years | -13.52% | -25.61% | +12.09% |
Max Drawdown (10Y)Largest decline over 10 years | -17.00% | -42.75% | +25.75% |
Current DrawdownCurrent decline from peak | -1.88% | -9.49% | +7.61% |
Average DrawdownAverage peak-to-trough decline | -3.38% | -6.27% | +2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 3.51% | -2.90% |
Volatility
TNHIX vs. TNVIX - Volatility Comparison
The current volatility for 1290 High Yield Bond Fund (TNHIX) is 1.34%, while 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) has a volatility of 6.09%. This indicates that TNHIX experiences smaller price fluctuations and is considered to be less risky than TNVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TNHIX | TNVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.34% | 6.09% | -4.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 11.62% | -9.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.37% | 20.63% | -17.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.18% | 19.76% | -15.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.58% | 21.06% | -16.48% |