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PBDIX vs. BIIIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PBDIX and BIIIX is 0.88, 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.


-0.50.00.51.00.9

Performance

PBDIX vs. BIIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price QM U.S. Bond Index Fund (PBDIX) and BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%AugustSeptemberOctoberNovemberDecember2025
2.15%
1.08%
PBDIX
BIIIX

Key characteristics

Returns By Period


PBDIX

YTD

0.21%

1M

0.89%

6M

2.15%

1Y

6.75%

5Y*

2.46%

10Y*

3.41%

BIIIX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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PBDIX vs. BIIIX - Expense Ratio Comparison

PBDIX has a 0.23% expense ratio, which is lower than BIIIX's 0.29% expense ratio.


BIIIX
BlackRock Sustainable Advantage CoreAlpha Bond Fund
Expense ratio chart for BIIIX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
Expense ratio chart for PBDIX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Risk-Adjusted Performance

PBDIX vs. BIIIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PBDIX
The Risk-Adjusted Performance Rank of PBDIX is 6161
Overall Rank
The Sharpe Ratio Rank of PBDIX is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of PBDIX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of PBDIX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of PBDIX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of PBDIX is 5151
Martin Ratio Rank

BIIIX
The Risk-Adjusted Performance Rank of BIIIX is 1515
Overall Rank
The Sharpe Ratio Rank of BIIIX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of BIIIX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of BIIIX is 1919
Omega Ratio Rank
The Calmar Ratio Rank of BIIIX is 77
Calmar Ratio Rank
The Martin Ratio Rank of BIIIX is 99
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PBDIX vs. BIIIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price QM U.S. Bond Index Fund (PBDIX) and BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX). 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.


Sharpe ratio
The chart of Sharpe ratio for PBDIX, currently valued at 1.25, compared to the broader market-1.000.001.002.003.004.001.250.92
The chart of Sortino ratio for PBDIX, currently valued at 1.84, compared to the broader market0.005.0010.001.841.35
The chart of Omega ratio for PBDIX, currently valued at 1.22, compared to the broader market1.002.003.004.001.221.23
The chart of Calmar ratio for PBDIX, currently valued at 1.12, compared to the broader market0.005.0010.0015.0020.001.120.27
The chart of Martin ratio for PBDIX, currently valued at 4.01, compared to the broader market0.0020.0040.0060.0080.004.012.54
PBDIX
BIIIX


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00AugustSeptemberOctoberNovemberDecember2025
1.25
0.92
PBDIX
BIIIX

Dividends

PBDIX vs. BIIIX - Dividend Comparison

PBDIX's dividend yield for the trailing twelve months is around 7.85%, while BIIIX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
PBDIX
T. Rowe Price QM U.S. Bond Index Fund
7.54%7.86%6.98%5.47%3.53%7.17%5.61%5.18%4.59%2.78%2.90%2.86%
BIIIX
BlackRock Sustainable Advantage CoreAlpha Bond Fund
2.44%2.44%3.62%2.21%2.20%2.82%2.79%2.78%2.18%0.61%0.00%0.00%

Drawdowns

PBDIX vs. BIIIX - Drawdown Comparison


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-2.49%
-9.29%
PBDIX
BIIIX

Volatility

PBDIX vs. BIIIX - Volatility Comparison

T. Rowe Price QM U.S. Bond Index Fund (PBDIX) has a higher volatility of 1.42% compared to BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX) at 0.00%. This indicates that PBDIX's price experiences larger fluctuations and is considered to be riskier than BIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%AugustSeptemberOctoberNovemberDecember2025
1.42%
0
PBDIX
BIIIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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