TNVDX vs. TNHIX
Compare and contrast key facts about 1290 DoubleLine Dynamic Allocation Fund (TNVDX) and 1290 High Yield Bond Fund (TNHIX).
TNVDX is managed by 1290 Funds. It was launched on Mar 6, 2016. TNHIX is managed by 1290 Funds. It was launched on Nov 12, 2014.
Performance
TNVDX vs. TNHIX - Performance Comparison
Loading graphics...
TNVDX vs. TNHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TNVDX 1290 DoubleLine Dynamic Allocation Fund | -0.77% | 10.45% | 8.62% | 9.34% | -8.50% | 10.36% | 13.50% | 18.37% | -3.93% | 8.11% |
TNHIX 1290 High Yield Bond Fund | -1.42% | 8.03% | 8.13% | 11.51% | -9.91% | 4.08% | 7.06% | 12.74% | -2.00% | 5.38% |
Returns By Period
In the year-to-date period, TNVDX achieves a -0.77% return, which is significantly higher than TNHIX's -1.42% return.
TNVDX
- 1D
- 0.19%
- 1M
- -5.30%
- YTD
- -0.77%
- 6M
- 1.70%
- 1Y
- 8.88%
- 3Y*
- 8.25%
- 5Y*
- 5.26%
- 10Y*
- —
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TNVDX vs. TNHIX - Expense Ratio Comparison
TNVDX has a 1.27% expense ratio, which is higher than TNHIX's 1.18% expense ratio.
Return for Risk
TNVDX vs. TNHIX — Risk / Return Rank
TNVDX
TNHIX
TNVDX vs. TNHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 DoubleLine Dynamic Allocation Fund (TNVDX) and 1290 High Yield Bond Fund (TNHIX). 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.
| TNVDX | TNHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.43 | 1.72 | -0.29 |
Sortino ratioReturn per unit of downside risk | 1.87 | 2.42 | -0.55 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.60 | 1.87 | -0.26 |
Martin ratioReturn relative to average drawdown | 6.39 | 9.02 | -2.64 |
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
| TNVDX | TNHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 1.72 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.87 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.65 | +0.12 |
Correlation
The correlation between TNVDX and TNHIX is 0.52, 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
TNVDX vs. TNHIX - Dividend Comparison
TNVDX's dividend yield for the trailing twelve months is around 7.74%, more than TNHIX's 5.87% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TNVDX 1290 DoubleLine Dynamic Allocation Fund | 7.74% | 7.69% | 9.73% | 5.52% | 4.67% | 10.18% | 8.15% | 5.58% | 5.02% | 6.06% | 0.00% |
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% |
Drawdowns
TNVDX vs. TNHIX - Drawdown Comparison
The maximum TNVDX drawdown since its inception was -20.14%, which is greater than TNHIX's maximum drawdown of -18.62%. Use the drawdown chart below to compare losses from any high point for TNVDX and TNHIX.
Loading graphics...
Drawdown Indicators
| TNVDX | TNHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.14% | -18.62% | -1.52% |
Max Drawdown (1Y)Largest decline over 1 year | -5.48% | -2.96% | -2.52% |
Max Drawdown (5Y)Largest decline over 5 years | -17.69% | -13.52% | -4.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.00% | — |
Current DrawdownCurrent decline from peak | -5.30% | -1.88% | -3.42% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -3.38% | +0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 0.61% | +0.77% |
Volatility
TNVDX vs. TNHIX - Volatility Comparison
1290 DoubleLine Dynamic Allocation Fund (TNVDX) has a higher volatility of 2.49% compared to 1290 High Yield Bond Fund (TNHIX) at 1.34%. This indicates that TNVDX's price experiences larger fluctuations and is considered to be riskier than TNHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TNVDX | TNHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 1.34% | +1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 4.41% | 2.04% | +2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.31% | 3.37% | +2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.17% | 4.18% | +2.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.74% | 4.58% | +4.16% |