FXIEX vs. PRFHX
Compare and contrast key facts about PIMCO Fixed Income SHares: Series TE (FXIEX) and T. Rowe Price Tax Free High Yield Fund (PRFHX).
FXIEX is managed by PIMCO. It was launched on Jun 24, 2012. PRFHX is managed by T. Rowe Price. It was launched on Feb 28, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXIEX or PRFHX.
Correlation
The correlation between FXIEX and PRFHX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FXIEX vs. PRFHX - Performance Comparison
Key characteristics
FXIEX:
1.65
PRFHX:
2.49
FXIEX:
2.41
PRFHX:
3.60
FXIEX:
1.35
PRFHX:
1.57
FXIEX:
2.13
PRFHX:
3.35
FXIEX:
6.27
PRFHX:
10.22
FXIEX:
1.03%
PRFHX:
1.00%
FXIEX:
3.92%
PRFHX:
4.13%
FXIEX:
-14.30%
PRFHX:
-24.76%
FXIEX:
-2.01%
PRFHX:
-2.09%
Returns By Period
In the year-to-date period, FXIEX achieves a -0.10% return, which is significantly higher than PRFHX's -0.27% return. Over the past 10 years, FXIEX has underperformed PRFHX with an annualized return of 3.82%, while PRFHX has yielded a comparatively higher 5.42% annualized return.
FXIEX
-0.10%
0.52%
1.29%
6.21%
2.61%
3.82%
PRFHX
-0.27%
0.39%
2.28%
9.94%
4.61%
5.42%
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FXIEX vs. PRFHX - Expense Ratio Comparison
FXIEX has a 0.07% expense ratio, which is lower than PRFHX's 0.63% expense ratio.
Risk-Adjusted Performance
FXIEX vs. PRFHX — Risk-Adjusted Performance Rank
FXIEX
PRFHX
FXIEX vs. PRFHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Fixed Income SHares: Series TE (FXIEX) and T. Rowe Price Tax Free High Yield Fund (PRFHX). 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
FXIEX vs. PRFHX - Dividend Comparison
FXIEX's dividend yield for the trailing twelve months is around 4.91%, less than PRFHX's 6.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXIEX PIMCO Fixed Income SHares: Series TE | 4.91% | 4.91% | 4.73% | 4.39% | 3.45% | 3.37% | 3.64% | 3.79% | 3.51% | 3.25% | 2.88% | 2.40% |
PRFHX T. Rowe Price Tax Free High Yield Fund | 6.90% | 6.89% | 7.25% | 7.51% | 5.72% | 6.93% | 7.05% | 6.46% | 6.05% | 3.89% | 4.01% | 4.13% |
Drawdowns
FXIEX vs. PRFHX - Drawdown Comparison
The maximum FXIEX drawdown since its inception was -14.30%, smaller than the maximum PRFHX drawdown of -24.76%. Use the drawdown chart below to compare losses from any high point for FXIEX and PRFHX. For additional features, visit the drawdowns tool.
Volatility
FXIEX vs. PRFHX - Volatility Comparison
The current volatility for PIMCO Fixed Income SHares: Series TE (FXIEX) is 1.02%, while T. Rowe Price Tax Free High Yield Fund (PRFHX) has a volatility of 1.13%. This indicates that FXIEX experiences smaller price fluctuations and is considered to be less risky than PRFHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.