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USTB vs. TNXAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between USTB and TNXAX is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

USTB vs. TNXAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares USAA Core Short-Term Bond ETF (USTB) 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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Key characteristics

Sharpe Ratio

USTB:

3.69

TNXAX:

-0.04

Sortino Ratio

USTB:

6.12

TNXAX:

0.03

Omega Ratio

USTB:

1.85

TNXAX:

1.01

Calmar Ratio

USTB:

9.99

TNXAX:

-0.01

Martin Ratio

USTB:

29.32

TNXAX:

-0.03

Ulcer Index

USTB:

0.23%

TNXAX:

4.04%

Daily Std Dev

USTB:

1.82%

TNXAX:

8.07%

Max Drawdown

USTB:

-5.32%

TNXAX:

-24.70%

Current Drawdown

USTB:

-0.12%

TNXAX:

-8.91%

Returns By Period

In the year-to-date period, USTB achieves a 1.97% return, which is significantly higher than TNXAX's 0.24% return.


USTB

YTD

1.97%

1M

0.31%

6M

2.58%

1Y

6.68%

5Y*

3.52%

10Y*

N/A

TNXAX

YTD

0.24%

1M

2.95%

6M

-5.73%

1Y

-0.29%

5Y*

1.82%

10Y*

N/A

*Annualized

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USTB vs. TNXAX - Expense Ratio Comparison

USTB has a 0.34% expense ratio, which is lower than TNXAX's 1.14% expense ratio.


Risk-Adjusted Performance

USTB vs. TNXAX — Risk-Adjusted Performance Rank

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

USTB
The Risk-Adjusted Performance Rank of USTB is 9999
Overall Rank
The Sharpe Ratio Rank of USTB is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of USTB is 9999
Sortino Ratio Rank
The Omega Ratio Rank of USTB is 9898
Omega Ratio Rank
The Calmar Ratio Rank of USTB is 9999
Calmar Ratio Rank
The Martin Ratio Rank of USTB is 9898
Martin Ratio Rank

TNXAX
The Risk-Adjusted Performance Rank of TNXAX is 2020
Overall Rank
The Sharpe Ratio Rank of TNXAX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of TNXAX is 1818
Sortino Ratio Rank
The Omega Ratio Rank of TNXAX is 1818
Omega Ratio Rank
The Calmar Ratio Rank of TNXAX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of TNXAX is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

USTB vs. TNXAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares USAA Core Short-Term Bond ETF (USTB) 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.


The current USTB Sharpe Ratio is 3.69, which is higher than the TNXAX Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of USTB and TNXAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

USTB vs. TNXAX - Dividend Comparison

USTB's dividend yield for the trailing twelve months is around 4.84%, more than TNXAX's 3.94% yield.


TTM202420232022202120202019201820172016
USTB
VictoryShares USAA Core Short-Term Bond ETF
4.84%5.05%4.49%2.54%1.84%2.40%2.69%2.32%0.31%0.00%
TNXAX
1290 Loomis Sayles Multi-Asset Income Fund Class A
3.94%3.92%4.36%2.43%0.72%1.08%1.68%1.72%1.21%0.85%

Drawdowns

USTB vs. TNXAX - Drawdown Comparison

The maximum USTB drawdown since its inception was -5.32%, smaller than the maximum TNXAX drawdown of -24.70%. Use the drawdown chart below to compare losses from any high point for USTB and TNXAX. For additional features, visit the drawdowns tool.


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Volatility

USTB vs. TNXAX - Volatility Comparison


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