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PRIPX vs. FSTZX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PRIPX vs. FSTZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Inflation Protected Bond Fund (PRIPX) and Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX). The values are adjusted to include any dividend payments, if applicable.

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PRIPX vs. FSTZX - Yearly Performance Comparison


2026 (YTD)20252024202320222021
PRIPX
T. Rowe Price Inflation Protected Bond Fund
0.29%11.53%-1.27%2.57%-12.76%1.35%
FSTZX
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund
1.02%5.99%4.87%4.67%-2.83%1.32%

Returns By Period

In the year-to-date period, PRIPX achieves a 0.29% return, which is significantly lower than FSTZX's 1.02% return.


PRIPX

1D
0.49%
1M
-1.54%
YTD
0.29%
6M
4.16%
1Y
7.39%
3Y*
3.22%
5Y*
1.09%
10Y*
2.56%

FSTZX

1D
0.30%
1M
-0.00%
YTD
1.02%
6M
1.30%
1Y
3.95%
3Y*
4.75%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PRIPX vs. FSTZX - Expense Ratio Comparison

PRIPX has a 0.38% expense ratio, which is higher than FSTZX's 0.00% expense ratio.


Return for Risk

PRIPX vs. FSTZX — Risk / Return Rank

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

PRIPX
PRIPX Risk / Return Rank: 8888
Overall Rank
PRIPX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
PRIPX Sortino Ratio Rank: 9191
Sortino Ratio Rank
PRIPX Omega Ratio Rank: 8585
Omega Ratio Rank
PRIPX Calmar Ratio Rank: 9494
Calmar Ratio Rank
PRIPX Martin Ratio Rank: 9090
Martin Ratio Rank

FSTZX
FSTZX Risk / Return Rank: 9595
Overall Rank
FSTZX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FSTZX Sortino Ratio Rank: 9595
Sortino Ratio Rank
FSTZX Omega Ratio Rank: 9393
Omega Ratio Rank
FSTZX Calmar Ratio Rank: 9797
Calmar Ratio Rank
FSTZX Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRIPX vs. FSTZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Inflation Protected Bond Fund (PRIPX) and Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX). 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.


PRIPXFSTZXDifference

Sharpe ratio

Return per unit of total volatility

1.44

2.05

-0.61

Sortino ratio

Return per unit of downside risk

2.64

3.11

-0.48

Omega ratio

Gain probability vs. loss probability

1.35

1.45

-0.10

Calmar ratio

Return relative to maximum drawdown

3.11

4.22

-1.12

Martin ratio

Return relative to average drawdown

10.26

14.91

-4.66

PRIPX vs. FSTZX - Sharpe Ratio Comparison

The current PRIPX Sharpe Ratio is 1.44, which is comparable to the FSTZX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of PRIPX and FSTZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PRIPXFSTZXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.44

2.05

-0.61

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

1.14

-0.54

Correlation

The correlation between PRIPX and FSTZX is 0.79, 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.


Dividends

PRIPX vs. FSTZX - Dividend Comparison

PRIPX's dividend yield for the trailing twelve months is around 9.67%, more than FSTZX's 3.98% yield.


TTM20252024202320222021202020192018201720162015
PRIPX
T. Rowe Price Inflation Protected Bond Fund
9.67%9.55%1.49%5.02%7.37%5.30%1.97%3.81%3.02%1.87%1.32%1.76%
FSTZX
Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund
3.98%4.02%2.78%2.54%5.25%0.82%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PRIPX vs. FSTZX - Drawdown Comparison

The maximum PRIPX drawdown since its inception was -16.15%, which is greater than FSTZX's maximum drawdown of -5.30%. Use the drawdown chart below to compare losses from any high point for PRIPX and FSTZX.


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Drawdown Indicators


PRIPXFSTZXDifference

Max Drawdown

Largest peak-to-trough decline

-16.15%

-5.30%

-10.85%

Max Drawdown (1Y)

Largest decline over 1 year

-2.75%

-1.03%

-1.72%

Max Drawdown (5Y)

Largest decline over 5 years

-16.15%

Max Drawdown (10Y)

Largest decline over 10 years

-16.15%

Current Drawdown

Current decline from peak

-2.08%

-0.30%

-1.78%

Average Drawdown

Average peak-to-trough decline

-3.98%

-1.13%

-2.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.83%

0.29%

+0.54%

Volatility

PRIPX vs. FSTZX - Volatility Comparison

T. Rowe Price Inflation Protected Bond Fund (PRIPX) has a higher volatility of 1.32% compared to Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX) at 0.58%. This indicates that PRIPX's price experiences larger fluctuations and is considered to be riskier than FSTZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRIPXFSTZXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.32%

0.58%

+0.74%

Volatility (6M)

Calculated over the trailing 6-month period

4.28%

1.07%

+3.21%

Volatility (1Y)

Calculated over the trailing 1-year period

5.54%

1.99%

+3.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.86%

2.83%

+4.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.94%

2.83%

+3.11%