RMM vs OABI

Comparison between RiverNorth Managed Duration Municipal Income Fund Inc (RMM, Company) and OmniAb Inc (OABI, Company).

RMM is from the Financial Services sector, while OABI is from the Healthcare sector.

RMM vs OABI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RMM(COMPANY)	OABI(COMPANY)
Market Cap	$282M	$282M
Max Drawdown	42.42%	81.32%
Sharpe Ratio	0.73	0.16
5Y Beta	0.18	1.10
Industry	Asset Management	Biotechnology
P/E Ratio	-25.29	-4.93
5Y Dividends CAGR	-0.96%	N/A
Debt to Equity	68.56%	0.00%
Free Cash Flow Yield	17.85%	-9.22%

Market Cap

RMM

$282M

Winner

OABI

$282M

Max Drawdown

Winner

RMM

42.42%

OABI

81.32%

Sharpe Ratio

Winner

RMM

0.73

OABI

0.16

5Y Beta

Winner

RMM

0.18

OABI

1.10

Industry

RMM

Asset Management

OABI

Biotechnology

P/E Ratio

Winner

RMM

-25.29

OABI

-4.93

5Y Dividends CAGR

RMM

-0.96%

OABI

N/A

Debt to Equity

RMM

68.56%

Winner

OABI

0.00%

Free Cash Flow Yield

Winner

RMM

17.85%

OABI

-9.22%

RMM vs OABI - Historical Returns

Returns include dividend reinvestment.

Period	RMM	OABI
1 month	-2.70%	-24.12%
3 months	+3.56%	+43.38%
6 months	+4.42%	+4.84%
1 year	+12.14%	-0.51%
5 years(CAGR)	-0.87%	N/A
Max(CAGR)	+1.91%	-5.51%

Winner

RMM

-2.70%

OABI

-24.12%

RMM

+3.56%

Winner

OABI

+43.38%

RMM

+4.42%

Winner

OABI

+4.84%

Winner

RMM

+12.14%

OABI

-0.51%

5Y(CAGR)

RMM

-0.87%

OABI

N/A

Max(CAGR)

Winner

RMM

+1.91%

OABI

-5.51%

RMM vs OABI - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	RMM	OABI
2026	+8.58%	+3.72%
2025	+0.96%	-47.14%
2024	+7.96%	-43.36%
2023	+2.21%	+77.81%
2022	-23.50%	+49.38%
2021	+19.34%	N/A
2020	-2.99%	N/A
2019	-1.46%	N/A

RMM vs OABI Drawdown Comparison

The maximum drawdown for RMM was -35.96%, occurring on Mar 23, 2020. Recovery took 304 trading sessions.

The maximum drawdown for OABI was -81.32%, occurring on May 29, 2025. This drawdown has not yet recovered.

The current RMM drawdown is -5.91%. The current OABI drawdown is -70.85%.

Rank	RMM	OABI
#1	-35.96% Feb 7, 2020 - Apr 23, 2021	-81.32% Jan 8, 2024 - May 29, 2025
#2	-33.26% Sep 2, 2021 - Oct 25, 2023	-28.67% Aug 16, 2023 - Dec 26, 2023
#3	-4.84% Sep 3, 2019 - Jan 24, 2020	-28.03% Jan 26, 2023 - Jun 6, 2023
#4	-2.48% Aug 21, 2019 - Sep 3, 2019	-19.14% Dec 2, 2022 - Jan 23, 2023
#5	-2.40% Jul 14, 2021 - Jul 23, 2021	-19.05% Nov 3, 2022 - Nov 9, 2022
#6	-1.76% May 11, 2021 - Jun 4, 2021	-18.87% Nov 10, 2022 - Nov 30, 2022
#7	-1.48% Aug 13, 2021 - Sep 1, 2021	-7.36% Jun 30, 2023 - Jul 18, 2023
#8	-1.16% Jan 27, 2020 - Feb 4, 2020	-6.11% Jun 15, 2023 - Jun 29, 2023
#9	-0.98% Aug 8, 2019 - Aug 21, 2019	-5.87% Aug 9, 2023 - Aug 16, 2023
#10	-0.75% Jul 30, 2021 - Aug 12, 2021	-5.37% Nov 30, 2022 - Dec 2, 2022
#11	-0.66% Jul 23, 2021 - Jul 30, 2021	-5.05% Aug 1, 2023 - Aug 8, 2023
#12	-0.55% May 3, 2021 - May 7, 2021	-1.85% Jul 21, 2023 - Jul 31, 2023
#13	-0.54% Jun 28, 2021 - Jul 2, 2021	-1.23% Jun 13, 2023 - Jun 15, 2023
#14	-0.49% Jun 15, 2021 - Jun 28, 2021	-1.23% Jan 4, 2024 - Jan 8, 2024
#15	-0.20% Jul 26, 2019 - Jul 31, 2019	-0.81% Dec 27, 2023 - Jan 2, 2024

Correlation

Correlation between RMM and OABI is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

-101