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.
Performance
FXIEX vs. PRFHX - Performance Comparison
Returns By Period
In the year-to-date period, FXIEX achieves a 5.99% return, which is significantly lower than PRFHX's 6.47% return. Over the past 10 years, FXIEX has outperformed PRFHX with an annualized return of 3.85%, while PRFHX has yielded a comparatively lower 3.15% annualized return.
FXIEX
5.99%
-0.11%
3.61%
11.30%
3.14%
3.85%
PRFHX
6.47%
-0.30%
4.48%
11.88%
1.71%
3.15%
Key characteristics
| FXIEX | PRFHX | |
|---|---|---|
| Sharpe Ratio | 2.96 | 3.01 |
| Sortino Ratio | 4.81 | 4.70 |
| Omega Ratio | 1.73 | 1.76 |
| Calmar Ratio | 1.96 | 1.02 |
| Martin Ratio | 15.96 | 15.95 |
| Ulcer Index | 0.72% | 0.76% |
| Daily Std Dev | 3.90% | 4.05% |
| Max Drawdown | -14.30% | -24.76% |
| Current Drawdown | -1.31% | -1.57% |
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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.
Correlation
The correlation between FXIEX and PRFHX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
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 4.89%, more than PRFHX's 3.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXIEX PIMCO Fixed Income SHares: Series TE | 4.89% | 4.73% | 4.39% | 3.45% | 3.37% | 3.64% | 3.79% | 3.51% | 3.25% | 2.88% | 2.40% | 0.41% |
PRFHX T. Rowe Price Tax Free High Yield Fund | 3.66% | 3.62% | 3.75% | 2.98% | 3.50% | 3.53% | 3.68% | 3.62% | 3.89% | 4.01% | 4.13% | 4.58% |
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
PIMCO Fixed Income SHares: Series TE (FXIEX) and T. Rowe Price Tax Free High Yield Fund (PRFHX) have volatilities of 1.81% and 1.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.