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PRCIX vs. FDFIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRCIX and FDFIX is -0.01. 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.


-0.50.00.51.0-0.0

Performance

PRCIX vs. FDFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price New Income Fund (PRCIX) and Fidelity Flex 500 Index Fund (FDFIX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2025February
-0.28%
6.55%
PRCIX
FDFIX

Key characteristics

Sharpe Ratio

PRCIX:

1.04

FDFIX:

1.47

Sortino Ratio

PRCIX:

1.55

FDFIX:

1.99

Omega Ratio

PRCIX:

1.18

FDFIX:

1.27

Calmar Ratio

PRCIX:

0.36

FDFIX:

2.21

Martin Ratio

PRCIX:

2.60

FDFIX:

9.09

Ulcer Index

PRCIX:

2.13%

FDFIX:

2.06%

Daily Std Dev

PRCIX:

5.29%

FDFIX:

12.77%

Max Drawdown

PRCIX:

-19.97%

FDFIX:

-33.77%

Current Drawdown

PRCIX:

-9.59%

FDFIX:

-3.05%

Returns By Period

In the year-to-date period, PRCIX achieves a 1.65% return, which is significantly higher than FDFIX's 1.43% return.


PRCIX

YTD

1.65%

1M

1.78%

6M

-0.27%

1Y

5.26%

5Y*

-1.48%

10Y*

0.88%

FDFIX

YTD

1.43%

1M

-2.27%

6M

6.56%

1Y

19.06%

5Y*

16.72%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


PRCIX vs. FDFIX - Expense Ratio Comparison

PRCIX has a 0.44% expense ratio, which is higher than FDFIX's 0.00% expense ratio.


PRCIX
T. Rowe Price New Income Fund
Expense ratio chart for PRCIX: current value at 0.44% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.44%
Expense ratio chart for FDFIX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

PRCIX vs. FDFIX — Risk-Adjusted Performance Rank

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

PRCIX
The Risk-Adjusted Performance Rank of PRCIX is 4949
Overall Rank
The Sharpe Ratio Rank of PRCIX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of PRCIX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of PRCIX is 5353
Omega Ratio Rank
The Calmar Ratio Rank of PRCIX is 3131
Calmar Ratio Rank
The Martin Ratio Rank of PRCIX is 4343
Martin Ratio Rank

FDFIX
The Risk-Adjusted Performance Rank of FDFIX is 8181
Overall Rank
The Sharpe Ratio Rank of FDFIX is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of FDFIX is 7676
Sortino Ratio Rank
The Omega Ratio Rank of FDFIX is 7777
Omega Ratio Rank
The Calmar Ratio Rank of FDFIX is 8787
Calmar Ratio Rank
The Martin Ratio Rank of FDFIX is 8787
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.

PRCIX vs. FDFIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Income Fund (PRCIX) and Fidelity Flex 500 Index Fund (FDFIX). 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 PRCIX, currently valued at 1.04, compared to the broader market-1.000.001.002.003.004.001.041.47
The chart of Sortino ratio for PRCIX, currently valued at 1.55, compared to the broader market0.002.004.006.008.0010.0012.001.551.99
The chart of Omega ratio for PRCIX, currently valued at 1.18, compared to the broader market1.002.003.004.001.181.27
The chart of Calmar ratio for PRCIX, currently valued at 0.36, compared to the broader market0.005.0010.0015.0020.000.362.21
The chart of Martin ratio for PRCIX, currently valued at 2.60, compared to the broader market0.0020.0040.0060.0080.002.609.09
PRCIX
FDFIX

The current PRCIX Sharpe Ratio is 1.04, which is comparable to the FDFIX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of PRCIX and FDFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00SeptemberOctoberNovemberDecember2025February
1.04
1.47
PRCIX
FDFIX

Dividends

PRCIX vs. FDFIX - Dividend Comparison

PRCIX's dividend yield for the trailing twelve months is around 4.09%, more than FDFIX's 1.24% yield.


TTM20242023202220212020201920182017201620152014
PRCIX
T. Rowe Price New Income Fund
4.09%4.48%3.82%2.45%1.59%2.41%2.87%3.04%2.66%2.56%2.56%2.60%
FDFIX
Fidelity Flex 500 Index Fund
1.24%1.26%1.48%1.70%1.18%1.52%1.78%1.81%0.85%0.00%0.00%0.00%

Drawdowns

PRCIX vs. FDFIX - Drawdown Comparison

The maximum PRCIX drawdown since its inception was -19.97%, smaller than the maximum FDFIX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for PRCIX and FDFIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025February
-9.59%
-3.05%
PRCIX
FDFIX

Volatility

PRCIX vs. FDFIX - Volatility Comparison

The current volatility for T. Rowe Price New Income Fund (PRCIX) is 1.38%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 3.41%. This indicates that PRCIX experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
1.38%
3.41%
PRCIX
FDFIX
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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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