TNUIX vs. MFHQX
TNUIX (1290 Diversified Bond Fund) and MFHQX (BlackRock Total Return Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, TNUIX returned 2.93%/yr vs 1.01%/yr for MFHQX. A 0.57 correlation means they provide meaningful diversification when combined. TNUIX charges 0.50%/yr vs 1.45%/yr for MFHQX.
Performance
TNUIX vs. MFHQX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TNUIX achieves a 3.04% return, which is significantly higher than MFHQX's 0.51% return. Over the past 10 years, TNUIX has outperformed MFHQX with an annualized return of 2.93%, while MFHQX has yielded a comparatively lower 1.01% annualized return.
TNUIX
- 1D
- -0.12%
- 1M
- 2.31%
- YTD
- 3.04%
- 6M
- 3.16%
- 1Y
- 7.00%
- 3Y*
- 3.75%
- 5Y*
- -1.02%
- 10Y*
- 2.93%
MFHQX
- 1D
- 0.20%
- 1M
- 1.21%
- YTD
- 0.51%
- 6M
- 0.92%
- 1Y
- 5.12%
- 3Y*
- 3.21%
- 5Y*
- -0.93%
- 10Y*
- 1.01%
TNUIX vs. MFHQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TNUIX 1290 Diversified Bond Fund | 3.04% | 10.61% | -3.72% | 3.21% | -12.54% | -2.46% | 17.14% | 10.28% | 2.30% | 3.47% |
MFHQX BlackRock Total Return Fund | 0.51% | 7.16% | 0.09% | 4.60% | -15.06% | -1.65% | 7.85% | 8.74% | -1.86% | 3.07% |
Correlation
The correlation between TNUIX and MFHQX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2015 | 0.57 |
The correlation between TNUIX and MFHQX shifts across timeframes, from 0.50 (1 year) to 0.77 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TNUIX vs. MFHQX — Risk / Return Rank
TNUIX
MFHQX
TNUIX vs. MFHQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 Diversified Bond Fund (TNUIX) and BlackRock Total Return Fund (MFHQX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TNUIX | MFHQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.55 | 1.19 | +1.36 |
| Martin ratioReturn relative to average drawdown | 6.55 | 2.94 | +3.62 |
Loading charts...
Drawdowns
TNUIX vs. MFHQX - Drawdown Comparison
The maximum TNUIX drawdown since its inception was -26.30%, which is greater than MFHQX's maximum drawdown of -20.45%. Use the drawdown chart below to compare losses from any high point for TNUIX and MFHQX.
Loading charts...
Drawdown Indicators
| TNUIX | MFHQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.30% | -20.45% | -5.85% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -4.31% | +1.60% |
Max Drawdown (3Y)Largest decline over 3 years | -14.40% | -7.12% | -7.28% |
Max Drawdown (5Y)Largest decline over 5 years | -26.17% | -20.21% | -5.96% |
Max Drawdown (10Y)Largest decline over 10 years | -26.30% | -20.31% | -5.99% |
Current DrawdownCurrent decline from peak | -5.76% | -5.80% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -6.29% | -4.25% | -2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 1.75% | -0.70% |
Volatility
TNUIX vs. MFHQX - Volatility Comparison
1290 Diversified Bond Fund (TNUIX) and BlackRock Total Return Fund (MFHQX) have volatilities of 1.35% and 1.31%, 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 charts...
Volatility by Period
| TNUIX | MFHQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 1.31% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 3.59% | +0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.84% | 4.56% | +1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.49% | 6.26% | +3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.73% | 5.10% | +2.63% |
TNUIX vs. MFHQX - Expense Ratio Comparison
TNUIX has a 0.50% expense ratio, which is lower than MFHQX's 1.45% expense ratio.
Dividends
TNUIX vs. MFHQX - Dividend Comparison
TNUIX's dividend yield for the trailing twelve months is around 3.27%, less than MFHQX's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFHQX BlackRock Total Return Fund | 3.69% | 3.83% | 3.28% | 2.85% | 1.95% | 1.50% | 5.22% | 2.20% | 2.33% | 1.99% | 1.82% | 2.40% |
TNUIX 1290 Diversified Bond Fund | 3.27% | 7.28% | 6.39% | 3.71% | 3.51% | 4.61% | 2.68% | 8.07% | 3.67% | 2.94% | 0.12% | 0.00% |
Frequently Asked Questions
TNUIX and MFHQX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TNUIX has higher volatility (1.35%) compared to MFHQX (1.31%). In terms of maximum drawdown, TNUIX dropped -26.30% vs MFHQX's -20.45%.
TNUIX currently has the higher Sharpe Ratio (1.18 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TNUIX and MFHQX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer