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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 3.04% return, which is significantly lower than TNXAX's 5.02% 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%

TNXAX

1D
0.28%
1M
0.59%
YTD
5.02%
6M
5.12%
1Y
13.03%
3Y*
9.44%
5Y*
5.55%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

TNUIX vs. TNXAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
TNXAX
1290 Loomis Sayles Multi-Asset Income Fund Class A
5.02%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 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.49

Correlation (5Y)
Calculated over the trailing 5-year 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 0.49 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

TNUIX vs. TNXAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TNUIX
TNUIX Risk / Return Rank: 2828
Overall Rank
TNUIX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
TNUIX Sortino Ratio Rank: 2121
Sortino Ratio Rank
TNUIX Omega Ratio Rank: 2121
Omega Ratio Rank
TNUIX Calmar Ratio Rank: 4949
Calmar Ratio Rank
TNUIX Martin Ratio Rank: 3030
Martin Ratio Rank

TNXAX
TNXAX Risk / Return Rank: 6060
Overall Rank
TNXAX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
TNXAX Sortino Ratio Rank: 6464
Sortino Ratio Rank
TNXAX Omega Ratio Rank: 7878
Omega Ratio Rank
TNXAX Calmar Ratio Rank: 4242
Calmar Ratio Rank
TNXAX Martin Ratio Rank: 4545
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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

-1.05

Sortino ratioReturn per unit of downside risk

-1.26

Omega ratioGain probability vs. loss probability

1.22

1.46

-0.24

Calmar ratioReturn relative to maximum drawdown

2.55

2.35

+0.20

Martin ratioReturn relative to average drawdown

6.55

8.88

-2.33

TNUIX vs. TNXAX - Sharpe Ratio Comparison

The current TNUIX Sharpe Ratio is 1.18, which is lower than the TNXAX Sharpe Ratio of 2.23. 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

-14.40%

-9.89%

-4.51%

Max Drawdown (5Y)

Largest decline over 5 years

-26.17%

-17.80%

-8.37%

Max Drawdown (10Y)

Largest decline over 10 years

-26.30%

Current Drawdown

Current decline from peak

-5.76%

-0.28%

-5.48%

Average Drawdown

Average peak-to-trough decline

-6.29%

-2.92%

-3.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.05%

1.47%

-0.42%

Volatility

TNUIX vs. TNXAX - Volatility Comparison

The current volatility for 1290 Diversified Bond Fund (TNUIX) is 1.35%, while 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX) has a volatility of 2.36%. This indicates that TNUIX experiences smaller price fluctuations and is considered to be less risky than TNXAX based on this measure. 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

1.35%

2.36%

-1.01%

Volatility (6M)

Calculated over the trailing 6-month period

4.11%

5.12%

-1.01%

Volatility (1Y)

Calculated over the trailing 1-year period

5.84%

5.86%

-0.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.49%

7.91%

+1.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.73%

9.00%

-1.27%

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 3.27%, less than TNXAX's 7.88% yield.


PositionTTM2025202420232022202120202019201820172016
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%
TNXAX
1290 Loomis Sayles Multi-Asset Income Fund Class A
7.88%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 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TNXAX has higher volatility (2.36%) compared to TNUIX (1.35%). In terms of maximum drawdown, TNUIX dropped -26.30% vs TNXAX's -20.07%.

TNXAX currently has the higher Sharpe Ratio (2.23 vs 1.18), 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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