TUIFX vs. THHYX
TUIFX (Toews Unconstrained Income Fund) and THHYX (Toews Tactical Income Fund) are both mutual funds - TUIFX is a Nontraditional Bonds fund managed by Toews, while THHYX is a High Yield Bonds fund managed by Toews. Over the past 10 years, TUIFX returned 1.62%/yr vs 2.56%/yr for THHYX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. TUIFX charges 1.25%/yr vs 1.46%/yr for THHYX.
Performance
TUIFX vs. THHYX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TUIFX achieves a 0.17% return, which is significantly higher than THHYX's -0.03% return. Over the past 10 years, TUIFX has underperformed THHYX with an annualized return of 1.62%, while THHYX has yielded a comparatively higher 2.56% annualized return.
TUIFX
- 1D
- -0.05%
- 1M
- -0.49%
- 6M
- -0.27%
- YTD
- 0.17%
- 1Y
- 1.74%
- 3Y*
- 3.58%
- 5Y*
- 0.97%
- 10Y*
- 1.62%
- ALL TIME*
- 1.90%
THHYX
- 1D
- -0.04%
- 1M
- -0.65%
- 6M
- -0.50%
- YTD
- -0.03%
- 1Y
- 1.80%
- 3Y*
- 4.11%
- 5Y*
- 1.31%
- 10Y*
- 2.56%
- ALL TIME*
- 3.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TUIFX vs. THHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TUIFX Toews Unconstrained Income Fund | 0.17% | 3.55% | 4.53% | 3.08% | -4.36% | -0.20% | 2.58% | 6.97% | -2.82% | 2.10% |
THHYX Toews Tactical Income Fund | -0.03% | 3.44% | 5.48% | 4.51% | -5.33% | 0.28% | 5.21% | 7.37% | -0.80% | 2.57% |
Correlation
The correlation between TUIFX and THHYX is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.81 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.68 |
The correlation between TUIFX and THHYX shifts across timeframes, from 0.68 (all time) to 0.81 (3 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
TUIFX vs. THHYX — Risk / Return Rank
TUIFX
THHYX
TUIFX vs. THHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toews Unconstrained Income Fund (TUIFX) and Toews Tactical Income Fund (THHYX). 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.
| TUIFX | THHYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.14 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 1.70 | +0.69 |
| Martin ratioReturn relative to average drawdown | 5.09 | 3.43 | +1.67 |
Loading charts...
Drawdowns
TUIFX vs. THHYX - Drawdown Comparison
The maximum TUIFX drawdown since its inception was -7.37%, smaller than the maximum THHYX drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for TUIFX and THHYX.
Loading charts...
Drawdown Indicators
| TUIFX | THHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.37% | -8.83% | +1.46% |
Max Drawdown (1Y)Largest decline over 1 year | -0.87% | -1.12% | +0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -1.64% | -3.35% | +1.71% |
Max Drawdown (5Y)Largest decline over 5 years | -7.37% | -8.70% | +1.33% |
Max Drawdown (10Y)Largest decline over 10 years | -7.37% | -8.83% | +1.46% |
Current DrawdownCurrent decline from peak | -0.70% | -1.00% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -1.61% | -0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.56% | -0.15% |
Volatility
TUIFX vs. THHYX - Volatility Comparison
Toews Unconstrained Income Fund (TUIFX) and Toews Tactical Income Fund (THHYX) have volatilities of 0.51% and 0.51%, 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
| TUIFX | THHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.51% | 0.51% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 1.42% | 1.71% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.06% | 2.51% | -0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.63% | 3.93% | -1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.66% | 3.60% | -0.94% |
TUIFX vs. THHYX - Expense Ratio Comparison
TUIFX has a 1.25% expense ratio, which is lower than THHYX's 1.46% expense ratio.
Dividends
TUIFX vs. THHYX - Dividend Comparison
TUIFX's dividend yield for the trailing twelve months is around 4.10%, less than THHYX's 5.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THHYX Toews Tactical Income Fund | 5.50% | 4.91% | 5.44% | 4.33% | 1.61% | 2.79% | 2.21% | 3.84% | 2.43% | 6.56% | 3.30% | 1.59% |
TUIFX Toews Unconstrained Income Fund | 4.10% | 4.17% | 4.68% | 4.09% | 1.05% | 2.13% | 1.33% | 2.44% | 2.05% | 4.34% | 2.29% | 1.19% |
Frequently Asked Questions
TUIFX and THHYX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THHYX has higher volatility (0.51%) compared to TUIFX (0.51%). In terms of maximum drawdown, TUIFX dropped -7.37% vs THHYX's -8.83%.
TUIFX currently has the higher Sharpe Ratio (1.02 vs 0.76), 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 TUIFX and THHYX
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