AMDS vs. TRBUX
Compare and contrast key facts about GraniteShares 1x Short AMD Daily ETF (AMDS) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX).
AMDS is an actively managed fund by GraniteShares. It was launched on Aug 21, 2023. TRBUX is managed by T. Rowe Price. It was launched on Dec 3, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMDS or TRBUX.
Correlation
The correlation between AMDS and TRBUX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
AMDS vs. TRBUX - Performance Comparison
Key characteristics
AMDS:
0.16
TRBUX:
3.41
AMDS:
0.58
TRBUX:
8.63
AMDS:
1.07
TRBUX:
3.60
AMDS:
0.13
TRBUX:
29.20
AMDS:
0.47
TRBUX:
56.67
AMDS:
16.86%
TRBUX:
0.10%
AMDS:
48.51%
TRBUX:
1.71%
AMDS:
-59.04%
TRBUX:
-4.15%
AMDS:
-33.75%
TRBUX:
0.00%
Returns By Period
AMDS
3.45%
8.42%
41.82%
6.93%
N/A
N/A
TRBUX
0.00%
0.00%
2.58%
5.82%
2.90%
2.48%
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AMDS vs. TRBUX - Expense Ratio Comparison
AMDS has a 1.15% expense ratio, which is higher than TRBUX's 0.31% expense ratio.
Risk-Adjusted Performance
AMDS vs. TRBUX — Risk-Adjusted Performance Rank
AMDS
TRBUX
AMDS vs. TRBUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 1x Short AMD Daily ETF (AMDS) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX). 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.
Dividends
AMDS vs. TRBUX - Dividend Comparison
AMDS has not paid dividends to shareholders, while TRBUX's dividend yield for the trailing twelve months is around 4.63%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMDS GraniteShares 1x Short AMD Daily ETF | 0.00% | 0.00% | 14.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TRBUX T. Rowe Price Ultra Short-Term Bond Fund | 4.63% | 4.63% | 4.02% | 1.97% | 1.11% | 1.83% | 2.72% | 2.58% | 1.88% | 1.20% | 0.80% | 0.42% |
Drawdowns
AMDS vs. TRBUX - Drawdown Comparison
The maximum AMDS drawdown since its inception was -59.04%, which is greater than TRBUX's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for AMDS and TRBUX. For additional features, visit the drawdowns tool.
Volatility
AMDS vs. TRBUX - Volatility Comparison
GraniteShares 1x Short AMD Daily ETF (AMDS) has a higher volatility of 11.44% compared to T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) at 0.00%. This indicates that AMDS's price experiences larger fluctuations and is considered to be riskier than TRBUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.