PRCPX vs. USD=X
PRCPX (T. Rowe Price Credit Opportunities Fund) is High Yield Bonds fund tracking the Bloomberg US High-Yield 2% Issuer Capped Bond Index, while USD=X (USD Cash) is a currency. Over the past 10 years, PRCPX returned 6.50%/yr vs 0.00%/yr for USD=X.
Performance
PRCPX vs. USD=X - Performance Comparison
Loading charts...
Returns By Period
PRCPX
- 1D
- 0.25%
- 1M
- 0.33%
- YTD
- 1.54%
- 6M
- 3.01%
- 1Y
- 9.12%
- 3Y*
- 10.51%
- 5Y*
- 5.53%
- 10Y*
- 6.50%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
PRCPX vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRCPX T. Rowe Price Credit Opportunities Fund | 1.54% | 11.51% | 9.36% | 14.90% | -10.50% | 6.36% | 5.55% | 13.77% | -1.44% | 6.80% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRCPX vs. USD=X — Risk / Return Rank
PRCPX
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PRCPX vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Credit Opportunities Fund (PRCPX) and USD Cash (USD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRCPX | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.70 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.68 | — | — |
| Martin ratioReturn relative to average drawdown | 22.07 | — | — |
Loading charts...
Drawdowns
PRCPX vs. USD=X - Drawdown Comparison
The maximum PRCPX drawdown since its inception was -23.07%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for PRCPX and USD=X.
Loading charts...
Drawdown Indicators
| PRCPX | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.07% | 0.00% | -23.07% |
Max Drawdown (1Y)Largest decline over 1 year | -1.99% | 0.00% | -1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -3.83% | 0.00% | -3.83% |
Max Drawdown (5Y)Largest decline over 5 years | -14.34% | 0.00% | -14.34% |
Max Drawdown (10Y)Largest decline over 10 years | -23.07% | 0.00% | -23.07% |
Current DrawdownCurrent decline from peak | -0.37% | 0.00% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -3.11% | 0.00% | -3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 0.00% | +0.42% |
Volatility
PRCPX vs. USD=X - Volatility Comparison
T. Rowe Price Credit Opportunities Fund (PRCPX) has a higher volatility of 0.94% compared to USD Cash (USD=X) at 0.00%. This indicates that PRCPX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRCPX | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | 0.00% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 2.41% | 0.00% | +2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.31% | 0.00% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.81% | 0.00% | +4.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.45% | 0.00% | +5.45% |
Frequently Asked Questions
PRCPX has higher volatility (0.94%) compared to USD=X (0.00%). In terms of maximum drawdown, PRCPX dropped -23.07% vs USD=X's 0.00%.
Find the right allocation for PRCPX and USD=X
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer