WDI vs. RFXIX
WDI (Western Asset Diversified Income Fund) and RFXIX (Rational Special Situations Income Fund) are both Multisector Bonds funds. Over the past 5 years, WDI returned 2.79%/yr vs 4.12%/yr for RFXIX. Their 0.17 correlation means their historical movements had little consistent relationship. WDI charges 1.73%/yr vs 1.76%/yr for RFXIX.
Performance
WDI vs. RFXIX - Performance Comparison
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Returns By Period
In the year-to-date period, WDI achieves a 1.31% return, which is significantly lower than RFXIX's 2.34% return.
WDI
- 1D
- 0.23%
- 1M
- -3.24%
- 6M
- 0.65%
- YTD
- 1.31%
- 1Y
- -0.43%
- 3Y*
- 11.36%
- 5Y*
- 2.79%
- 10Y*
- —
- ALL TIME*
- 2.89%
RFXIX
- 1D
- 0.03%
- 1M
- 0.19%
- 6M
- 1.75%
- YTD
- 2.34%
- 1Y
- 4.87%
- 3Y*
- 5.75%
- 5Y*
- 4.12%
- 10Y*
- —
- ALL TIME*
- 4.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $2.64M | $2.38M | $2.43M |
WDI vs. RFXIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WDI Western Asset Diversified Income Fund | 1.31% | 10.64% | 13.88% | 25.11% | -23.30% | -5.61% |
RFXIX Rational Special Situations Income Fund | 2.34% | 4.73% | 8.95% | 4.08% | -0.85% | 2.39% |
Correlation
The correlation between WDI and RFXIX is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021 | 0.17 |
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Return for Risk
WDI vs. RFXIX — Risk / Return Rank
WDI
RFXIX
WDI vs. RFXIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Diversified Income Fund (WDI) and Rational Special Situations Income Fund (RFXIX). 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.
| WDI | RFXIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.74 | ||
| Sortino ratioReturn per unit of downside risk | -5.58 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 2.10 | -1.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 7.10 | -7.13 |
| Martin ratioReturn relative to average drawdown | -0.08 | 29.42 | -29.50 |
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Drawdowns
WDI vs. RFXIX - Drawdown Comparison
The maximum WDI drawdown since its inception was -32.45%, which is greater than RFXIX's maximum drawdown of -12.91%. Use the drawdown chart below to compare losses from any high point for WDI and RFXIX.
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Drawdown Indicators
| WDI | RFXIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.45% | -12.91% | -19.54% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -0.72% | -7.75% |
Max Drawdown (3Y)Largest decline over 3 years | -14.14% | -1.05% | -13.09% |
Max Drawdown (5Y)Largest decline over 5 years | -32.45% | -4.93% | -27.52% |
Current DrawdownCurrent decline from peak | -3.87% | 0.00% | -3.87% |
Average DrawdownAverage peak-to-trough decline | -10.16% | -0.85% | -9.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 0.17% | +3.36% |
Volatility
WDI vs. RFXIX - Volatility Comparison
Western Asset Diversified Income Fund (WDI) has a higher volatility of 2.97% compared to Rational Special Situations Income Fund (RFXIX) at 0.31%. This indicates that WDI's price experiences larger fluctuations and is considered to be riskier than RFXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDI | RFXIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 0.31% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 7.97% | 0.78% | +7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.72% | 1.38% | +8.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.00% | 1.96% | +11.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.88% | 2.92% | +9.96% |
WDI vs. RFXIX - Expense Ratio Comparison
WDI has a 1.73% expense ratio, which is lower than RFXIX's 1.76% expense ratio.
Dividends
WDI vs. RFXIX - Dividend Comparison
WDI's dividend yield for the trailing twelve months is around 13.60%, more than RFXIX's 5.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
RFXIX Rational Special Situations Income Fund | 5.23% | 5.02% | 6.69% | 7.85% | 6.08% | 5.04% | 4.99% | 1.39% |
WDI Western Asset Diversified Income Fund | 13.60% | 13.98% | 12.32% | 11.45% | 11.40% | 3.19% | 0.00% | 0.00% |
Frequently Asked Questions
WDI and RFXIX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDI has higher volatility (2.97%) compared to RFXIX (0.31%). In terms of maximum drawdown, WDI dropped -32.45% vs RFXIX's -12.91%.
RFXIX currently has the higher Sharpe Ratio (3.71 vs -0.03), 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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