IHFAX vs. PRCPX
IHFAX (Integrity High Income Fund) and PRCPX (T. Rowe Price Credit Opportunities Fund) are both High Yield Bonds funds. Over the past 10 years, IHFAX returned 5.08%/yr vs 7.06%/yr for PRCPX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. IHFAX charges 0.99%/yr vs 0.81%/yr for PRCPX.
Performance
IHFAX vs. PRCPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IHFAX achieves a 0.88% return, which is significantly lower than PRCPX's 1.69% return. Over the past 10 years, IHFAX has underperformed PRCPX with an annualized return of 5.08%, while PRCPX has yielded a comparatively higher 7.06% annualized return.
IHFAX
- 1D
- 0.13%
- 1M
- -0.79%
- 6M
- 0.49%
- YTD
- 0.88%
- 1Y
- 4.51%
- 3Y*
- 7.47%
- 5Y*
- 3.60%
- 10Y*
- 5.08%
- ALL TIME*
- 4.98%
PRCPX
- 1D
- 0.13%
- 1M
- -0.88%
- 6M
- 1.24%
- YTD
- 1.69%
- 1Y
- 5.23%
- 3Y*
- 11.84%
- 5Y*
- 7.14%
- 10Y*
- 7.06%
- ALL TIME*
- 5.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
IHFAX vs. PRCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHFAX Integrity High Income Fund | 0.88% | 8.27% | 7.72% | 10.95% | -9.28% | 4.91% | 6.15% | 14.34% | -2.06% | 7.22% |
PRCPX T. Rowe Price Credit Opportunities Fund | 1.69% | 10.78% | 14.01% | 20.68% | -10.50% | 6.36% | 5.55% | 13.77% | -1.44% | 6.80% |
Correlation
The correlation between IHFAX and PRCPX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since May 1, 2014 | 0.79 |
The correlation between IHFAX and PRCPX shifts across timeframes, from 0.67 (1 year) to 0.81 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IHFAX vs. PRCPX — Risk / Return Rank
IHFAX
PRCPX
IHFAX vs. PRCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Integrity High Income Fund (IHFAX) and T. Rowe Price Credit Opportunities Fund (PRCPX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IHFAX | PRCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.34 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.51 | +0.05 |
| Martin ratioReturn relative to average drawdown | 11.04 | 10.79 | +0.25 |
Loading charts...
Drawdowns
IHFAX vs. PRCPX - Drawdown Comparison
The maximum IHFAX drawdown since its inception was -49.81%, which is greater than PRCPX's maximum drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for IHFAX and PRCPX.
Loading charts...
Drawdown Indicators
| IHFAX | PRCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.81% | -23.07% | -26.74% |
Max Drawdown (1Y)Largest decline over 1 year | -1.95% | -1.99% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -3.39% | -3.29% | -0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -13.49% | -14.34% | +0.85% |
Max Drawdown (10Y)Largest decline over 10 years | -21.32% | -23.07% | +1.75% |
Current DrawdownCurrent decline from peak | -0.79% | -1.00% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -4.44% | -2.97% | -1.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.45% | 0.46% | -0.01% |
Volatility
IHFAX vs. PRCPX - Volatility Comparison
The current volatility for Integrity High Income Fund (IHFAX) is 0.60%, while T. Rowe Price Credit Opportunities Fund (PRCPX) has a volatility of 0.71%. This indicates that IHFAX experiences smaller price fluctuations and is considered to be less risky than PRCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IHFAX | PRCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.60% | 0.71% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 2.33% | 2.49% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.04% | 3.21% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.08% | 4.97% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.69% | 5.48% | +0.21% |
IHFAX vs. PRCPX - Expense Ratio Comparison
IHFAX has a 0.99% expense ratio, which is higher than PRCPX's 0.81% expense ratio.
Dividends
IHFAX vs. PRCPX - Dividend Comparison
IHFAX's dividend yield for the trailing twelve months is around 4.85%, less than PRCPX's 6.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHFAX Integrity High Income Fund | 4.85% | 4.99% | 5.34% | 5.16% | 4.79% | 3.41% | 4.43% | 5.21% | 5.48% | 5.14% | 5.16% | 5.17% |
PRCPX T. Rowe Price Credit Opportunities Fund | 6.95% | 8.65% | 12.91% | 12.59% | 4.89% | 5.11% | 5.36% | 5.18% | 5.72% | 4.95% | 5.88% | 7.58% |
Frequently Asked Questions
IHFAX and PRCPX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRCPX has higher volatility (0.71%) compared to IHFAX (0.60%). In terms of maximum drawdown, IHFAX dropped -49.81% vs PRCPX's -23.07%.
IHFAX currently has the higher Sharpe Ratio (1.65 vs 1.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IHFAX and PRCPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer