Correlation
The correlation between PRFSX and MINT 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.
PRFSX vs. MINT
Compare and contrast key facts about T. Rowe Price Tax Free Short-Intermediate Fund (PRFSX) and PIMCO Enhanced Short Maturity Strategy Fund (MINT).
PRFSX is managed by T. Rowe Price. It was launched on Dec 22, 1983. MINT is an actively managed fund by PIMCO. It was launched on Nov 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRFSX or MINT.
Performance
PRFSX vs. MINT - Performance Comparison
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Key characteristics
PRFSX:
1.41
MINT:
10.32
PRFSX:
1.96
MINT:
20.52
PRFSX:
1.39
MINT:
6.00
PRFSX:
1.69
MINT:
32.58
PRFSX:
5.81
MINT:
233.71
PRFSX:
0.63%
MINT:
0.02%
PRFSX:
2.62%
MINT:
0.50%
PRFSX:
-6.29%
MINT:
-4.62%
PRFSX:
-0.49%
MINT:
0.00%
Returns By Period
In the year-to-date period, PRFSX achieves a 0.95% return, which is significantly lower than MINT's 1.83% return. Over the past 10 years, PRFSX has underperformed MINT with an annualized return of 1.70%, while MINT has yielded a comparatively higher 2.34% annualized return.
PRFSX
0.95%
0.37%
0.64%
3.66%
2.39%
1.31%
1.70%
MINT
1.83%
0.50%
2.27%
5.10%
4.87%
2.84%
2.34%
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PRFSX vs. MINT - Expense Ratio Comparison
PRFSX has a 0.50% expense ratio, which is higher than MINT's 0.36% expense ratio.
Risk-Adjusted Performance
PRFSX vs. MINT — Risk-Adjusted Performance Rank
PRFSX
MINT
PRFSX vs. MINT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Tax Free Short-Intermediate Fund (PRFSX) and PIMCO Enhanced Short Maturity Strategy Fund (MINT). 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.
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Dividends
PRFSX vs. MINT - Dividend Comparison
PRFSX's dividend yield for the trailing twelve months is around 2.49%, less than MINT's 5.09% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PRFSX T. Rowe Price Tax Free Short-Intermediate Fund | 2.49% | 2.53% | 2.19% | 1.92% | 1.63% | 2.11% | 2.30% | 1.95% | 1.75% | 1.37% | 1.45% | 1.56% |
MINT PIMCO Enhanced Short Maturity Strategy Fund | 5.09% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% | 0.80% |
Drawdowns
PRFSX vs. MINT - Drawdown Comparison
The maximum PRFSX drawdown since its inception was -6.29%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for PRFSX and MINT.
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Volatility
PRFSX vs. MINT - Volatility Comparison
T. Rowe Price Tax Free Short-Intermediate Fund (PRFSX) has a higher volatility of 0.37% compared to PIMCO Enhanced Short Maturity Strategy Fund (MINT) at 0.11%. This indicates that PRFSX's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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