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TNUIX vs. TNXAX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TNUIX vs. TNXAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 1290 Diversified Bond Fund (TNUIX) and 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TNUIX achieves a 3.01% return, which is significantly lower than TNXAX's 4.41% return.


TNUIX

1D
0.00%
1M
0.12%
6M
1.67%
YTD
3.01%
1Y
5.20%
3Y*
3.70%
5Y*
-0.75%
10Y*
2.91%
ALL TIME*
2.47%

TNXAX

1D
0.28%
1M
-0.56%
6M
2.14%
YTD
4.41%
1Y
10.69%
3Y*
8.59%
5Y*
4.81%
10Y*
ALL TIME*
6.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

TNUIX vs. TNXAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TNUIX
1290 Diversified Bond Fund
3.01%10.61%-3.72%3.21%-12.54%-2.46%17.14%10.28%2.30%3.47%
TNXAX
1290 Loomis Sayles Multi-Asset Income Fund Class A
4.41%10.19%8.37%9.11%-8.74%10.02%13.24%18.22%-4.28%8.13%

Correlation

The correlation between TNUIX and TNXAX is 0.45, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.45

Correlation (3Y)
Balances recent behavior with more history.

0.48

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.42

Correlation (All Time)
Calculated using the full available price history since Jan 3, 2017

0.35

The correlation between TNUIX and TNXAX shifts across timeframes, from 0.35 (all time) to 0.48 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

TNUIX vs. TNXAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TNUIX
TNUIX Risk / Return Rank: 4646
Overall Rank
TNUIX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
TNUIX Sortino Ratio Rank: 4040
Sortino Ratio Rank
TNUIX Omega Ratio Rank: 3939
Omega Ratio Rank
TNUIX Calmar Ratio Rank: 7070
Calmar Ratio Rank
TNUIX Martin Ratio Rank: 4444
Martin Ratio Rank

TNXAX
TNXAX Risk / Return Rank: 6161
Overall Rank
TNXAX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
TNXAX Sortino Ratio Rank: 6767
Sortino Ratio Rank
TNXAX Omega Ratio Rank: 7575
Omega Ratio Rank
TNXAX Calmar Ratio Rank: 4646
Calmar Ratio Rank
TNXAX Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TNUIX vs. TNXAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 1290 Diversified Bond Fund (TNUIX) and 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX). 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.


TNUIXTNXAXDifference
Sharpe ratioReturn per unit of total volatility

-0.55

Sortino ratioReturn per unit of downside risk

-0.58

Omega ratioGain probability vs. loss probability

1.22

1.34

-0.12

Calmar ratioReturn relative to maximum drawdown

2.35

1.82

+0.53

Martin ratioReturn relative to average drawdown

6.49

6.84

-0.35

TNUIX vs. TNXAX - Sharpe Ratio Comparison

The current TNUIX Sharpe Ratio is 1.16, which is lower than the TNXAX Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of TNUIX and TNXAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

TNUIX vs. TNXAX - Drawdown Comparison

The maximum TNUIX drawdown since its inception was -26.30%, which is greater than TNXAX's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for TNUIX and TNXAX.


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Drawdown Indicators


TNUIXTNXAXDifference

Max Drawdown

Largest peak-to-trough decline

-26.30%

-20.07%

-6.23%

Max Drawdown (1Y)

Largest decline over 1 year

-2.71%

-5.58%

+2.87%

Max Drawdown (3Y)

Largest decline over 3 years

-11.28%

-9.89%

-1.39%

Max Drawdown (5Y)

Largest decline over 5 years

-24.99%

-17.80%

-7.19%

Max Drawdown (10Y)

Largest decline over 10 years

-26.30%

Current Drawdown

Current decline from peak

-5.78%

-0.86%

-4.92%

Average Drawdown

Average peak-to-trough decline

-6.28%

-2.90%

-3.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.98%

1.48%

-0.50%

Volatility

TNUIX vs. TNXAX - Volatility Comparison

1290 Diversified Bond Fund (TNUIX) and 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX) have volatilities of 1.16% and 1.12%, 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.


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Volatility by Period


TNUIXTNXAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.16%

1.12%

+0.04%

Volatility (6M)

Calculated over the trailing 6-month period

4.18%

5.14%

-0.96%

Volatility (1Y)

Calculated over the trailing 1-year period

5.50%

5.96%

-0.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.50%

7.89%

+1.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.74%

8.96%

-1.22%

TNUIX vs. TNXAX - Expense Ratio Comparison

TNUIX has a 0.50% expense ratio, which is lower than TNXAX's 1.14% expense ratio.


Dividends

TNUIX vs. TNXAX - Dividend Comparison

TNUIX's dividend yield for the trailing twelve months is around 3.38%, less than TNXAX's 7.58% yield.


PositionTTM2025202420232022202120202019201820172016
TNUIX
1290 Diversified Bond Fund
3.38%7.28%6.39%3.71%3.51%4.61%2.68%8.07%3.67%2.94%0.12%
TNXAX
1290 Loomis Sayles Multi-Asset Income Fund Class A
7.58%7.45%9.48%5.31%4.42%9.95%7.91%5.34%4.75%6.06%0.00%

Frequently Asked Questions


TNUIX and TNXAX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TNUIX has higher volatility (1.16%) compared to TNXAX (1.12%). In terms of maximum drawdown, TNUIX dropped -26.30% vs TNXAX's -20.07%.

TNXAX currently has the higher Sharpe Ratio (1.71 vs 1.16), 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.

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