1290 HIGH Competition

TNHIX Fund

USD 8.45 0.01 0.12%

The fund is listed under the High Yield Bond category and is part of the 1290 Funds family. 1290 High Yield competes with ARCHER BALANCED, Tfa Alphagen, Summit Global, GROWTH INCOME, and BBH Intermediate and other related companies. Gross margin gaps between 1290 HIGH and its closest rivals often point to structural cost advantages.

1290 HIGH and US VECTOR Correlation Snapshot

Poor diversification

Across the chosen horizon, 1290 HIGH and US VECTOR show a correlation of 0.79 and fall into the Poor diversification bucket. This chart helps evaluate whether adding US VECTOR genuinely reduces risk relative to holding 1290 HIGH alone.

Moving together with 1290 Mutual Fund

0.8	ESCKX	1290 Funds	Pair Corr
0.8	ESCJX	1290 Essex Small	Pair Corr
0.8	ESCFX	1290 Funds	Pair Corr
0.66	TNBIX	1290 Smartbeta Equity	Pair Corr
0.67	TNBRX	1290 Smartbeta Equity	Pair Corr

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The mean reversion principle applied to 1290 HIGH's suggests that neither prolonged outperformance nor underperformance is permanent. Identifying the root cause of 1290 HIGH's price dislocation is essential before acting on a mean reversion signal. The mean reversion tendency in 1290 HIGH's price is a well-documented phenomenon in academic research. In many cases, 1290 HIGH's price extremes present statistical patterns that have recurred historically.

Hype

Prediction

Low	Estimated	High
8.28	8.45	8.62

Details

Intrinsic

Valuation

Low	Real	High
8.29	8.46	8.63

Details

Naive

Forecast

Low	Next	High
8.25	8.43	8.60

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
8.43	8.51	8.58

Details

No single-company analysis of 1290 High Yield is complete without peer benchmarking. A company that looks attractive in isolation may be significantly outperformed by competitors. Standalone analysis captures 1290 HIGH's individual story, but peers reveal if it is truly exceptional. Disciplined peer analysis separates conviction-grade insights from superficial 1290 HIGH observations.

1290 HIGH Competition Correlation Matrix

Competition correlation for 1290 High Yield matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.

	ARCHX	TFAGX	SILVX	UIGIX	BBINX	CNGLX	DFVEX
ARCHX		0.47	0.91	0.67	0.95	0.4	0.72	ARCHX
TFAGX	0.47		0.53	0.64	0.3	0.56	0.63	TFAGX
SILVX	0.91	0.53		0.8	0.83	0.56	0.83	SILVX
UIGIX	0.67	0.64	0.8		0.56	0.91	0.98	UIGIX
BBINX	0.95	0.3	0.83	0.56		0.31	0.62	BBINX
CNGLX	0.4	0.56	0.56	0.91	0.31		0.88	CNGLX
DFVEX	0.72	0.63	0.83	0.98	0.62	0.88		DFVEX
	ARCHX	TFAGX	SILVX	UIGIX	BBINX	CNGLX	DFVEX

Risk-Adjusted Indicators

Strong recent returns in 1290 Mutual Fund do not always mean 1290 HIGH Mutual Fund is outperforming peers on business quality. Without risk-adjusted context, investors may overweight short-term returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ARCHX	0.41	0.08	0.19	0.10	0.46	-0.41	0.71	-0.87	2.89
TFAGX	0.89	0.11	0.09	0.05	1.11	-0.92	1.31	-1.99	10.48
SILVX	0.48	0.05	0.12	0.03	0.61	-0.51	1.06	-0.92	2.96
UIGIX	0.50	0.02	0.00	-0.04	0.00	0.00	0.74	-1.24	3.38
BBINX	0.09	0.00	0.26	0.02	0.07	-0.15	0.19	-0.28	0.76
CNGLX	0.65	-0.01	0.00	-0.07	0.00	0.00	1.15	-1.61	3.91
DFVEX	0.63	0.05	0.00	-0.01	0.00	0.00	1.00	-1.60	3.93

1290 HIGH Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	TNHIX	ARCHX	TFAGX	SILVX	UIGIX	BBINX	CNGLX	DFVEX
	0.12 8.45 1290	0.66 19.91 ARCHER	1.42 11.44 Tfa	0.57 17.56 Summit	0.85 24.90 GROWTH	0.48 10.37 BBH	1.54 19.84 Commonwealth	1.52 30.63 DFVEX
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Moderate	Soft	Weak	Weak	Contained	Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Buy	Strong Buy	Buy	Strong Hold	Hold	Strong Hold	Strong Hold
Net Asset	87.63 M	59.6 M	38.55 M	202.63 M	1.95 B	2.27 B	17.46 M	5.06 B
Minimum Initial Investment	1000 K	2.5 K	250	1000 K	N/A	N/A	200	N/A
Price To Book	N/A	3.08 X	N/A	2.97 X	2.29 X	N/A	1.50 X	1.61 X
Five Year Return	4.09 %	8.40 %	N/A	8.97 %	11.40 %	1.59 %	1.54 %	8.69 %
One Year Return	5.56 %	17.70 %	N/A	10.65 %	15.88 %	5.39 %	5.04 %	19.76 %
Last Dividend Paid	0.04	0.04	N/A	N/A	0.03	0.01	N/A	0.07
Price To Earning	N/A	19.38 X	N/A	19.33 X	17.56 X	N/A	16.70 X	16.80 X
Price To Sales	N/A	1.89 X	N/A	1.55 X	1.66 X	N/A	1.10 X	0.95 X
Cash Position Weight	4.55 %	5.62 %	N/A	1.38 %	0.67 %	0.19 %	0.85 %	0.89 %
Equity Positions Weight	N/A	69.06 %	N/A	98.62 %	99.33 %	N/A	99.15 %	99.07 %
Three Year Return	8.63 %	14.08 %	N/A	14.30 %	19.07 %	4.26 %	7.41 %	15.65 %
Annual Yield	0.06 %	0.01 %	N/A	0.01 %	0.01 %	0.03 %	N/A	0.01 %
Year To Date Return	0.07 %	1.02 %	N/A	1.71 %	1.11 %	0.95 %	3.33 %	0.33 %
Bond Positions Weight	95.08 %	22.56 %	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	6.74 %	N/A	N/A	10.60 %	N/A	3.61 %	8.88 %
Day Typical Price	8.45	19.91	11.44	17.56	24.9	10.37	19.84	30.63
Period Momentum Indicator	0.01	0.13	0.16	0.1	0.21	-0.05	0.3	0.46
Rate Of Daily Change	1.0	1.01	1.01	1.01	1.01	1.0	1.02	1.02
Day Median Price	8.45	19.91	11.44	17.56	24.9	10.37	19.84	30.63
Price Action Indicator	0.005	0.065	0.08	0.05	0.1	-0.03	0.15	0.23
Relative Strength Index	N/A	N/A	N/A	38.78	38.82	N/A	39.0	42.27
Coefficient Of Variation	-3,239	931.33	2506.89	2441.46	-3,543	1374.7	-1,550	-26,432
Mean Deviation	0.1207	0.4096	0.8903	0.4838	0.501	0.0867	0.6471	0.6302
Jensen Alpha	-0.01	0.0825	0.1106	0.0528	0.0215	0.0015	-0.01	0.0506
Total Risk Alpha	-0.0012	0.0943	0.1649	0.0667	0.0257	0.0122	0.005	0.0548
Sortino Ratio	N/A	0.1854	0.0945	0.1183	N/A	0.2612	N/A	N/A
Downside Variance	N/A	0.397	1.47	0.4959	N/A	0.0683	N/A	N/A
Standard Deviation	0.1693	0.5484	1.43	0.6195	0.6534	0.1425	0.82	0.82
Kurtosis	0.88	1.11	15.65	0.3176	0.7485	3.04	-0.01	0.3211
Potential Upside	0.2361	0.7074	1.31	1.06	0.7422	0.1931	1.15	1.0
Treynor Ratio	-0.15	0.0989	0.0499	0.0279	-0.04	0.0211	-0.07	-0.01
Maximum Drawdown	0.9428	2.89	10.48	2.96	3.38	0.7634	3.91	3.93
Variance	0.0287	0.3007	2.03	0.3837	0.4269	0.0203	0.6723	0.6725
Market Risk Adjusted Performance	-0.14	0.1089	0.0599	0.0379	-0.03	0.0311	-0.06	-0.004
Risk Adjusted Performance	-0.06	0.0831	0.0369	0.0303	-0.03	0.0121	-0.05	-0.0031
Skewness	0.0164	0.0371	2.73	-0.36	-0.31	-0.56	-0.26	-0.15
Semi Deviation	N/A	0.4611	1.11	0.6138	N/A	0.0677	N/A	N/A
Information Ratio	0.3111	0.213	0.0805	0.1344	0.0604	0.4792	0.0061	0.0668
Value At Risk	-0.35	-0.87	-1.99	-0.92	-1.24	-0.28	-1.61	-1.60
Expected Short fall	N/A	-0.41	-0.92	-0.51	N/A	-0.15	N/A	N/A
Downside Deviation	N/A	0.6301	1.21	0.7042	N/A	0.2614	N/A	N/A
Semi Variance	N/A	0.2126	1.23	0.3767	N/A	0.0046	N/A	N/A

1290 HIGH Competition Peer Performance Charts

How to Analyze 1290 HIGH Against Peers

1290 HIGH's peer analysis compares 1290 HIGH with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether 1290 HIGH trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where 1290 HIGH leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

1290 HIGH generates higher gross margins than most of its direct competitors, which points to pricing power or a leaner cost base. Relative analysis can highlight whether current pricing already reflects peer-group strengths or weaknesses.

Inputs for 1290 High Yield come from fund disclosures and market reference feeds and are mapped into a consistent reporting framework. Some fields can appear with publication lag.

This content is curated and reviewed by:

Michael Smolkin - Member of Macroaxis Board of Directors

Last reviewed on March 18th, 2026

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

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1290 HIGH Competition

1290 HIGH and US VECTOR Correlation Snapshot

Moving together with 1290 Mutual Fund

Specify up to 10 symbols:

1290 HIGH Competition Correlation Matrix

Risk-Adjusted Indicators

1290 HIGH Competitive Analysis

1290 HIGH Competition Peer Performance Charts

How to Analyze 1290 HIGH Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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