Correlation
The correlation between PRAIX and RPBAX is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
PRAIX vs. RPBAX
Compare and contrast key facts about PIMCO Long-Term Real Return Fund (PRAIX) and T. Rowe Price Balanced Fund (RPBAX).
PRAIX is managed by PIMCO. It was launched on Nov 11, 2001. RPBAX is managed by T. Rowe Price. It was launched on Dec 29, 1939.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRAIX or RPBAX.
Performance
PRAIX vs. RPBAX - Performance Comparison
Loading data...
Key characteristics
PRAIX:
0.09
RPBAX:
0.38
PRAIX:
0.24
RPBAX:
0.48
PRAIX:
1.03
RPBAX:
1.08
PRAIX:
0.04
RPBAX:
0.28
PRAIX:
0.22
RPBAX:
0.89
PRAIX:
7.01%
RPBAX:
4.62%
PRAIX:
14.06%
RPBAX:
13.31%
PRAIX:
-42.24%
RPBAX:
-44.62%
PRAIX:
-35.82%
RPBAX:
-4.63%
Returns By Period
In the year-to-date period, PRAIX achieves a 0.41% return, which is significantly lower than RPBAX's 4.62% return. Over the past 10 years, PRAIX has underperformed RPBAX with an annualized return of 0.92%, while RPBAX has yielded a comparatively higher 3.36% annualized return.
PRAIX
0.41%
-2.06%
-5.28%
1.31%
-6.22%
-5.01%
0.92%
RPBAX
4.62%
3.28%
-3.11%
4.99%
5.62%
4.66%
3.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRAIX vs. RPBAX - Expense Ratio Comparison
PRAIX has a 0.50% expense ratio, which is lower than RPBAX's 0.57% expense ratio.
Risk-Adjusted Performance
PRAIX vs. RPBAX — Risk-Adjusted Performance Rank
PRAIX
RPBAX
PRAIX vs. RPBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Long-Term Real Return Fund (PRAIX) and T. Rowe Price Balanced Fund (RPBAX). 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.
Loading data...
Dividends
PRAIX vs. RPBAX - Dividend Comparison
PRAIX's dividend yield for the trailing twelve months is around 5.24%, less than RPBAX's 6.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRAIX PIMCO Long-Term Real Return Fund | 4.12% | 4.63% | 4.75% | 15.08% | 15.86% | 37.90% | 5.10% | 3.06% | 2.76% | 1.58% | 2.09% | 1.83% |
RPBAX T. Rowe Price Balanced Fund | 6.97% | 7.28% | 3.80% | 5.03% | 9.33% | 4.59% | 3.41% | 8.42% | 2.14% | 3.37% | 7.32% | 7.43% |
Drawdowns
PRAIX vs. RPBAX - Drawdown Comparison
The maximum PRAIX drawdown since its inception was -42.24%, smaller than the maximum RPBAX drawdown of -44.62%. Use the drawdown chart below to compare losses from any high point for PRAIX and RPBAX.
Loading data...
Volatility
PRAIX vs. RPBAX - Volatility Comparison
PIMCO Long-Term Real Return Fund (PRAIX) has a higher volatility of 3.72% compared to T. Rowe Price Balanced Fund (RPBAX) at 2.53%. This indicates that PRAIX's price experiences larger fluctuations and is considered to be riskier than RPBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...