TSI vs. ODIDX
TSI (TCW Strategic Income Fund Inc.) and ODIDX (Oaktree Diversified Income Fund Inc. Class D) are both Multisector Bonds funds. Over the past 3 years, TSI returned 5.99%/yr vs 9.12%/yr for ODIDX. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
TSI vs. ODIDX - Performance Comparison
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Returns By Period
In the year-to-date period, TSI achieves a -7.62% return, which is significantly lower than ODIDX's 2.47% return.
TSI
- 1D
- -0.68%
- 1M
- -1.60%
- 6M
- -6.32%
- YTD
- -7.62%
- 1Y
- -3.50%
- 3Y*
- 5.99%
- 5Y*
- 1.75%
- 10Y*
- 4.79%
- ALL TIME*
- 9.35%
ODIDX
- 1D
- -0.11%
- 1M
- 0.23%
- 6M
- 1.90%
- YTD
- 2.47%
- 1Y
- 5.35%
- 3Y*
- 9.12%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $605.00K | $596.77K | $548.55K |
TSI vs. ODIDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TSI TCW Strategic Income Fund Inc. | -7.62% | 9.72% | 13.45% | 7.13% | -14.33% | 3.21% |
ODIDX Oaktree Diversified Income Fund Inc. Class D | 2.47% | 7.94% | 11.99% | 11.91% | -13.02% | -0.37% |
Correlation
The correlation between TSI and ODIDX is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2021 | 0.19 |
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Return for Risk
TSI vs. ODIDX — Risk / Return Rank
TSI
ODIDX
TSI vs. ODIDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Strategic Income Fund Inc. (TSI) and Oaktree Diversified Income Fund Inc. Class D (ODIDX). 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.
| TSI | ODIDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.15 | ||
| Sortino ratioReturn per unit of downside risk | -6.48 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.98 | -1.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 4.98 | -5.40 |
| Martin ratioReturn relative to average drawdown | -0.82 | 20.96 | -21.78 |
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Drawdowns
TSI vs. ODIDX - Drawdown Comparison
The maximum TSI drawdown since its inception was -60.35%, which is greater than ODIDX's maximum drawdown of -13.71%. Use the drawdown chart below to compare losses from any high point for TSI and ODIDX.
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Drawdown Indicators
| TSI | ODIDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.35% | -13.71% | -46.64% |
Max Drawdown (1Y)Largest decline over 1 year | -8.30% | -1.10% | -7.20% |
Max Drawdown (3Y)Largest decline over 3 years | -8.30% | -2.29% | -6.01% |
Max Drawdown (5Y)Largest decline over 5 years | -18.56% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.00% | — | — |
Current DrawdownCurrent decline from peak | -7.65% | -0.11% | -7.54% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -3.67% | -4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 0.26% | +4.02% |
Volatility
TSI vs. ODIDX - Volatility Comparison
TCW Strategic Income Fund Inc. (TSI) has a higher volatility of 2.30% compared to Oaktree Diversified Income Fund Inc. Class D (ODIDX) at 0.30%. This indicates that TSI's price experiences larger fluctuations and is considered to be riskier than ODIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSI | ODIDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 0.30% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 7.19% | 1.19% | +6.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.44% | 1.47% | +6.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.84% | 3.18% | +7.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.04% | 3.18% | +10.86% |
Dividends
TSI vs. ODIDX - Dividend Comparison
TSI's dividend yield for the trailing twelve months is around 8.50%, less than ODIDX's 9.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ODIDX Oaktree Diversified Income Fund Inc. Class D | 9.09% | 9.32% | 8.45% | 7.83% | 0.84% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSI TCW Strategic Income Fund Inc. | 8.50% | 6.58% | 8.00% | 7.73% | 7.00% | 6.36% | 4.83% | 7.39% | 7.07% | 5.36% | 5.21% | 4.08% |
Frequently Asked Questions
TSI and ODIDX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSI has higher volatility (2.30%) compared to ODIDX (0.30%). In terms of maximum drawdown, TSI dropped -60.35% vs ODIDX's -13.71%.
ODIDX currently has the higher Sharpe Ratio (3.73 vs -0.42), 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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