T. Rowe Price Short-Term Bond Fund (PRWBX) Alternatives
T. Rowe Price Short-Term Bond Fund (PRWBX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRWBX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PRWBX
PRWBX charges 0.43% annually. Among mutual funds in the Short-Term Bond category, these options have the lowest expense ratios among PRWBX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Vanguard Institutional Short-Term Bond Fund | 0.02% | Jun 19, 2015 | PRWBX vs VISTX | |
| Vanguard Institutional Intermediate-Term Bond Fund | 0.02% | Jun 19, 2015 | PRWBX vs VIITX | |
| Schwab Short-Term Bond Index Fund | 0.06% | Feb 23, 2017 | PRWBX vs SWSBX | |
| TIAA-CREF Short-Term Bond Index Fund | 0.09% | Aug 7, 2015 | PRWBX vs TNSHX | |
| Vanguard Short-Term Bond Index Fund | 0.15% | Mar 1, 1994 | PRWBX vs VBISX |
Best Risk-Adjusted Alternatives to PRWBX
Among mutual funds in the Short-Term Bond category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Diamond Hill Short Duration Securitized Bond Fund ... | 99 | Jul 5, 2016 | PRWBX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 99 | Jul 5, 2016 | PRWBX vs DHEAX | |
| T. Rowe Price Short Duration Income Fund | 99 | Dec 7, 2020 | PRWBX vs TSDLX | |
| DFA Short-Duration Real Return Portfolio | 99 | Nov 5, 2013 | PRWBX vs DFAIX | |
| DoubleLine Low Duration Bond Fund | 99 | Sep 30, 2011 | PRWBX vs DBLSX |
Top Performing PRWBX Alternatives (YTD)
PRWBX alternatives from the Short-Term Bond category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| GuidePath Absolute Return Allocation Fund | 4.77% | Apr 29, 2011 | PRWBX vs GPARX | |
| Destinations Low Duration Fixed Income Fund | 1.24% | Mar 20, 2017 | PRWBX vs DLDFX | |
| DFA Two-Year Fixed Income Portfolio | 0.89% | Jun 6, 1996 | PRWBX vs DFCFX | |
| DFA Short-Duration Real Return Portfolio | 0.86% | Nov 5, 2013 | PRWBX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 0.82% | Jul 5, 2016 | PRWBX vs DHEIX |
Lowest Volatility Alternatives to PRWBX
PRWBX alternatives from the Short-Term Bond category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short-Term Extended Quality Portfolio | 0.91% | Mar 4, 2009 | PRWBX vs DFEQX | |
| DFA Short-Duration Real Return Portfolio | 1.07% | Nov 5, 2013 | PRWBX vs DFAIX | |
| GuidepathConservative Income Fund | 1.14% | Apr 30, 2018 | PRWBX vs GPICX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 1.15% | Jul 5, 2016 | PRWBX vs DHEIX | |
| Diamond Hill Short Duration Securitized Bond Fund | 1.19% | Jul 5, 2016 | PRWBX vs DHEAX |
Lowest Drawdown Alternatives to PRWBX
PRWBX alternatives from the Short-Term Bond category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| DFA Short-Duration Real Return Portfolio | -0.47% | Nov 5, 2013 | PRWBX vs DFAIX | |
| Diamond Hill Short Duration Securitized Bond Fund | -0.50% | Jul 5, 2016 | PRWBX vs DHEAX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | -0.50% | Jul 5, 2016 | PRWBX vs DHEIX | |
| GuidepathConservative Income Fund | -0.52% | Apr 30, 2018 | PRWBX vs GPICX | |
| Sextant Short Term Bond Fund | -0.60% | Sep 28, 1995 | PRWBX vs STBFX |
Other Mutual Funds from T. Rowe Price
Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.
Often Compared With PRWBX
What investors most often compare with PRWBX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| DFA One Year Fixed Income Portfolio | Ultrashort Bond | 99 | 0.81% | Jul 25, 1983 | PRWBX vs DFIHX | |
| T. Rowe Price U.S. Treasury Intermediate Index Fun... | Government Bonds | 84 | -0.50% | Sep 28, 1989 | PRWBX vs PRTIX | |
| DFA Two Year Global Fixed Income Portfolio | Global Bonds | 80 | 0.77% | Feb 8, 1996 | PRWBX vs DFGFX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 44 | -8.57% | May 17, 1967 | PRWBX vs FCNTX | |
| Dimensional Short-Duration Fixed Income ETF | Short-Term Bond | 93 | 0.17% | Nov 15, 2021 | PRWBX vs DFSD | |
| Fidelity Conservative Income Bond Institutional Cl... | Total Bond Market | 100 | 0.52% | Mar 3, 2011 | PRWBX vs FCNVX |
Compare PRWBX with Any Fund or Stock
Compare PRWBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.