PRCPX vs. RPHIX
Compare and contrast key facts about T. Rowe Price Credit Opportunities Fund (PRCPX) and RiverPark Short Term High Yield Fund (RPHIX).
PRCPX is a passively managed fund by T. Rowe Price that tracks the performance of the Bloomberg US High-Yield 2% Issuer Capped Bond Index. It was launched on Apr 29, 2014. RPHIX is managed by RiverPark Funds. It was launched on Sep 30, 2010.
Performance
PRCPX vs. RPHIX - Performance Comparison
Loading graphics...
PRCPX vs. RPHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRCPX T. Rowe Price Credit Opportunities Fund | -0.13% | 14.80% | 7.46% | 14.90% | -10.50% | 6.36% | 5.55% | 13.77% | -1.44% | 6.80% |
RPHIX RiverPark Short Term High Yield Fund | 1.02% | 4.76% | 6.71% | 5.87% | 2.97% | 2.05% | 1.95% | 2.77% | 2.44% | 2.50% |
Returns By Period
In the year-to-date period, PRCPX achieves a -0.13% return, which is significantly lower than RPHIX's 1.02% return. Over the past 10 years, PRCPX has outperformed RPHIX with an annualized return of 6.83%, while RPHIX has yielded a comparatively lower 3.51% annualized return.
PRCPX
- 1D
- 0.13%
- 1M
- -1.62%
- YTD
- -0.13%
- 6M
- 3.02%
- 1Y
- 13.68%
- 3Y*
- 10.60%
- 5Y*
- 5.87%
- 10Y*
- 6.83%
RPHIX
- 1D
- 0.10%
- 1M
- 0.41%
- YTD
- 1.02%
- 6M
- 2.21%
- 1Y
- 4.74%
- 3Y*
- 5.70%
- 5Y*
- 4.56%
- 10Y*
- 3.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRCPX vs. RPHIX - Expense Ratio Comparison
PRCPX has a 0.81% expense ratio, which is lower than RPHIX's 0.89% expense ratio.
Return for Risk
PRCPX vs. RPHIX — Risk / Return Rank
PRCPX
RPHIX
PRCPX vs. RPHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Credit Opportunities Fund (PRCPX) and RiverPark Short Term High Yield Fund (RPHIX). 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.
| PRCPX | RPHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.47 | 5.05 | -1.58 |
Sortino ratioReturn per unit of downside risk | 5.52 | 10.09 | -4.57 |
Omega ratioGain probability vs. loss probability | 1.93 | 3.43 | -1.50 |
Calmar ratioReturn relative to maximum drawdown | 4.53 | 11.50 | -6.97 |
Martin ratioReturn relative to average drawdown | 21.08 | 85.12 | -64.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PRCPX | RPHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.47 | 5.05 | -1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.23 | 3.63 | -2.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.26 | 2.94 | -1.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 2.94 | -2.06 |
Correlation
The correlation between PRCPX and RPHIX is 0.27, 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.
Dividends
PRCPX vs. RPHIX - Dividend Comparison
PRCPX's dividend yield for the trailing twelve months is around 12.89%, more than RPHIX's 4.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRCPX T. Rowe Price Credit Opportunities Fund | 12.89% | 12.19% | 7.03% | 7.88% | 4.89% | 5.11% | 5.36% | 5.18% | 5.72% | 4.95% | 5.88% | 7.58% |
RPHIX RiverPark Short Term High Yield Fund | 4.10% | 4.76% | 6.40% | 5.08% | 3.46% | 2.03% | 2.44% | 2.85% | 2.83% | 2.68% | 2.63% | 3.19% |
Drawdowns
PRCPX vs. RPHIX - Drawdown Comparison
The maximum PRCPX drawdown since its inception was -23.07%, which is greater than RPHIX's maximum drawdown of -3.16%. Use the drawdown chart below to compare losses from any high point for PRCPX and RPHIX.
Loading graphics...
Drawdown Indicators
| PRCPX | RPHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.07% | -3.16% | -19.91% |
Max Drawdown (1Y)Largest decline over 1 year | -3.03% | -0.41% | -2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -14.34% | -0.92% | -13.42% |
Max Drawdown (10Y)Largest decline over 10 years | -23.07% | -3.16% | -19.91% |
Current DrawdownCurrent decline from peak | -1.74% | 0.00% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -0.09% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 0.06% | +0.59% |
Volatility
PRCPX vs. RPHIX - Volatility Comparison
T. Rowe Price Credit Opportunities Fund (PRCPX) has a higher volatility of 1.10% compared to RiverPark Short Term High Yield Fund (RPHIX) at 0.24%. This indicates that PRCPX's price experiences larger fluctuations and is considered to be riskier than RPHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRCPX | RPHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 0.24% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 2.52% | 0.62% | +1.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.11% | 0.97% | +3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.79% | 1.26% | +3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.45% | 1.20% | +4.25% |