PBT vs. RPXIX
Compare and contrast key facts about Permian Basin Royalty Trust (PBT) and RiverPark Large Growth Fund (RPXIX).
RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBT or RPXIX.
Key characteristics
| PBT | RPXIX | |
|---|---|---|
| YTD Return | -8.92% | 23.61% |
| 1Y Return | -25.62% | 38.49% |
| 3Y Return (Ann) | 19.16% | -6.99% |
| 5Y Return (Ann) | 32.35% | 5.82% |
| 10Y Return (Ann) | 5.93% | 4.97% |
| Sharpe Ratio | -0.45 | 2.62 |
| Sortino Ratio | -0.39 | 3.41 |
| Omega Ratio | 0.95 | 1.47 |
| Calmar Ratio | -0.33 | 0.95 |
| Martin Ratio | -0.62 | 15.75 |
| Ulcer Index | 31.62% | 2.58% |
| Daily Std Dev | 43.12% | 15.48% |
| Max Drawdown | -83.08% | -59.98% |
| Current Drawdown | -52.08% | -20.72% |
Correlation
The correlation between PBT and RPXIX is 0.22, 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
PBT vs. RPXIX - Performance Comparison
In the year-to-date period, PBT achieves a -8.92% return, which is significantly lower than RPXIX's 23.61% return. Over the past 10 years, PBT has outperformed RPXIX with an annualized return of 5.93%, while RPXIX has yielded a comparatively lower 4.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PBT vs. RPXIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Permian Basin Royalty Trust (PBT) and RiverPark Large Growth Fund (RPXIX). 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
PBT vs. RPXIX - Dividend Comparison
PBT's dividend yield for the trailing twelve months is around 6.27%, while RPXIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBT Permian Basin Royalty Trust | 6.27% | 4.30% | 4.56% | 2.28% | 7.10% | 10.83% | 11.20% | 7.09% | 5.40% | 6.82% | 10.73% | 6.75% |
RPXIX RiverPark Large Growth Fund | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.66% | 0.15% | 0.26% | 0.20% |
Drawdowns
PBT vs. RPXIX - Drawdown Comparison
The maximum PBT drawdown since its inception was -83.08%, which is greater than RPXIX's maximum drawdown of -59.98%. Use the drawdown chart below to compare losses from any high point for PBT and RPXIX. For additional features, visit the drawdowns tool.
Volatility
PBT vs. RPXIX - Volatility Comparison
Permian Basin Royalty Trust (PBT) has a higher volatility of 12.67% compared to RiverPark Large Growth Fund (RPXIX) at 4.11%. This indicates that PBT's price experiences larger fluctuations and is considered to be riskier than RPXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.