PRHYX vs. TUHIX
Compare and contrast key facts about T. Rowe Price High Yield Fund (PRHYX) and T. Rowe Price U.S. High Yield Fund (TUHIX).
PRHYX is managed by T. Rowe Price. It was launched on Dec 31, 1984. TUHIX is managed by T. Rowe Price. It was launched on Apr 30, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRHYX or TUHIX.
Key characteristics
| PRHYX | TUHIX | |
|---|---|---|
| YTD Return | 5.75% | 6.10% |
| 1Y Return | 12.13% | 11.08% |
| 3Y Return (Ann) | 2.48% | 1.35% |
| 5Y Return (Ann) | 3.91% | 3.82% |
| Sharpe Ratio | 2.65 | 2.60 |
| Daily Std Dev | 4.59% | 4.22% |
| Max Drawdown | -30.81% | -22.46% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between PRHYX and TUHIX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PRHYX vs. TUHIX - Performance Comparison
In the year-to-date period, PRHYX achieves a 5.75% return, which is significantly lower than TUHIX's 6.10% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRHYX vs. TUHIX - Expense Ratio Comparison
PRHYX has a 0.70% expense ratio, which is higher than TUHIX's 0.61% expense ratio.
Risk-Adjusted Performance
PRHYX vs. TUHIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price High Yield Fund (PRHYX) and T. Rowe Price U.S. High Yield Fund (TUHIX). 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.
Dividends
PRHYX vs. TUHIX - Dividend Comparison
PRHYX's dividend yield for the trailing twelve months is around 6.44%, less than TUHIX's 7.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRHYX T. Rowe Price High Yield Fund | 6.44% | 6.29% | 6.23% | 5.08% | 5.19% | 5.49% | 6.26% | 5.49% | 6.03% | 6.46% | 7.71% | 6.25% |
TUHIX T. Rowe Price U.S. High Yield Fund | 7.56% | 7.53% | 7.42% | 6.35% | 5.87% | 5.80% | 6.66% | 3.10% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRHYX vs. TUHIX - Drawdown Comparison
The maximum PRHYX drawdown since its inception was -30.81%, which is greater than TUHIX's maximum drawdown of -22.46%. Use the drawdown chart below to compare losses from any high point for PRHYX and TUHIX. For additional features, visit the drawdowns tool.
Volatility
PRHYX vs. TUHIX - Volatility Comparison
The current volatility for T. Rowe Price High Yield Fund (PRHYX) is 0.73%, while T. Rowe Price U.S. High Yield Fund (TUHIX) has a volatility of 0.79%. This indicates that PRHYX experiences smaller price fluctuations and is considered to be less risky than TUHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.