GUSTX vs. PRXCX
Compare and contrast key facts about GMO U.S. Treasury Fund (GUSTX) and T. Rowe Price California Tax Free Bond Fund (PRXCX).
GUSTX is managed by GMO. It was launched on Mar 16, 2009. PRXCX is managed by T. Rowe Price. It was launched on Sep 14, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GUSTX or PRXCX.
Correlation
The correlation between GUSTX and PRXCX is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GUSTX vs. PRXCX - Performance Comparison
Key characteristics
GUSTX:
2.82
PRXCX:
1.74
GUSTX:
7.97
PRXCX:
2.42
GUSTX:
4.25
PRXCX:
1.37
GUSTX:
19.84
PRXCX:
2.16
GUSTX:
67.28
PRXCX:
6.87
GUSTX:
0.06%
PRXCX:
1.00%
GUSTX:
1.42%
PRXCX:
3.95%
GUSTX:
-0.72%
PRXCX:
-19.48%
GUSTX:
0.00%
PRXCX:
-1.98%
Returns By Period
In the year-to-date period, GUSTX achieves a 0.20% return, which is significantly higher than PRXCX's -0.28% return. Over the past 10 years, GUSTX has underperformed PRXCX with an annualized return of 1.17%, while PRXCX has yielded a comparatively higher 4.34% annualized return.
GUSTX
0.20%
0.56%
1.51%
3.99%
2.09%
1.17%
PRXCX
-0.28%
0.38%
2.03%
6.74%
3.82%
4.34%
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GUSTX vs. PRXCX - Expense Ratio Comparison
GUSTX has a 0.01% expense ratio, which is lower than PRXCX's 0.53% expense ratio.
Risk-Adjusted Performance
GUSTX vs. PRXCX — Risk-Adjusted Performance Rank
GUSTX
PRXCX
GUSTX vs. PRXCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Treasury Fund (GUSTX) and T. Rowe Price California Tax Free Bond Fund (PRXCX). 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
GUSTX vs. PRXCX - Dividend Comparison
GUSTX's dividend yield for the trailing twelve months is around 3.69%, less than PRXCX's 5.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GUSTX GMO U.S. Treasury Fund | 3.69% | 3.70% | 4.05% | 1.99% | 0.08% | 0.49% | 1.13% | 0.00% | 0.00% | 0.05% | 0.04% | 0.01% |
PRXCX T. Rowe Price California Tax Free Bond Fund | 5.97% | 5.95% | 6.08% | 5.66% | 5.02% | 5.45% | 5.66% | 5.46% | 5.16% | 3.34% | 3.43% | 3.60% |
Drawdowns
GUSTX vs. PRXCX - Drawdown Comparison
The maximum GUSTX drawdown since its inception was -0.72%, smaller than the maximum PRXCX drawdown of -19.48%. Use the drawdown chart below to compare losses from any high point for GUSTX and PRXCX. For additional features, visit the drawdowns tool.
Volatility
GUSTX vs. PRXCX - Volatility Comparison
The current volatility for GMO U.S. Treasury Fund (GUSTX) is 0.40%, while T. Rowe Price California Tax Free Bond Fund (PRXCX) has a volatility of 1.20%. This indicates that GUSTX experiences smaller price fluctuations and is considered to be less risky than PRXCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.