NJTFX vs. FZROX

In the year-to-date period, NJTFX achieves a -1.49% return, which is significantly lower than FZROX's -0.49% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NJTFX has a 0.56% expense ratio, which is higher than FZROX's 0.00% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Jersey Tax Free Bond Fund (NJTFX) and Fidelity ZERO Total Market Index Fund (FZROX). 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.

The current NJTFX Sharpe Ratio is 0.25, which is lower than the FZROX Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of NJTFX and FZROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NJTFX's dividend yield for the trailing twelve months is around 3.33%, more than FZROX's 1.16% yield.

The maximum NJTFX drawdown since its inception was -17.09%, smaller than the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for NJTFX and FZROX. For additional features, visit the drawdowns tool.

The current volatility for T. Rowe Price New Jersey Tax Free Bond Fund (NJTFX) is 1.98%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 6.37%. This indicates that NJTFX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.