PRTIX vs. PRWBX
Compare and contrast key facts about T. Rowe Price U.S. Treasury Intermediate Index Fund (PRTIX) and T. Rowe Price Short-Term Bond Fund (PRWBX).
PRTIX is managed by T. Rowe Price. It was launched on Sep 28, 1989. PRWBX is managed by T. Rowe Price. It was launched on Mar 2, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRTIX or PRWBX.
Correlation
The correlation between PRTIX and PRWBX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PRTIX vs. PRWBX - Performance Comparison
Key characteristics
PRTIX:
0.89
PRWBX:
3.18
PRTIX:
1.31
PRWBX:
5.31
PRTIX:
1.16
PRWBX:
1.87
PRTIX:
0.42
PRWBX:
9.93
PRTIX:
2.46
PRWBX:
27.24
PRTIX:
2.07%
PRWBX:
0.32%
PRTIX:
5.73%
PRWBX:
2.73%
PRTIX:
-18.46%
PRWBX:
-5.48%
PRTIX:
-6.09%
PRWBX:
-0.00%
Returns By Period
In the year-to-date period, PRTIX achieves a -0.00% return, which is significantly lower than PRWBX's -0.00% return. Over the past 10 years, PRTIX has underperformed PRWBX with an annualized return of 1.44%, while PRWBX has yielded a comparatively higher 3.61% annualized return.
PRTIX
-0.00%
0.32%
1.77%
4.89%
0.42%
1.44%
PRWBX
-0.00%
0.57%
4.00%
8.69%
4.28%
3.61%
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PRTIX vs. PRWBX - Expense Ratio Comparison
PRTIX has a 0.27% expense ratio, which is lower than PRWBX's 0.43% expense ratio.
Risk-Adjusted Performance
PRTIX vs. PRWBX — Risk-Adjusted Performance Rank
PRTIX
PRWBX
PRTIX vs. PRWBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. Treasury Intermediate Index Fund (PRTIX) and T. Rowe Price Short-Term Bond Fund (PRWBX). 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
PRTIX vs. PRWBX - Dividend Comparison
PRTIX's dividend yield for the trailing twelve months is around 7.05%, less than PRWBX's 7.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRTIX T. Rowe Price U.S. Treasury Intermediate Index Fund | 7.05% | 7.05% | 6.96% | 3.02% | 1.36% | 2.05% | 3.68% | 3.29% | 2.66% | 1.58% | 1.64% | 1.99% |
PRWBX T. Rowe Price Short-Term Bond Fund | 7.40% | 7.40% | 6.29% | 3.78% | 2.36% | 3.84% | 5.03% | 3.93% | 3.05% | 1.57% | 1.49% | 1.43% |
Drawdowns
PRTIX vs. PRWBX - Drawdown Comparison
The maximum PRTIX drawdown since its inception was -18.46%, which is greater than PRWBX's maximum drawdown of -5.48%. Use the drawdown chart below to compare losses from any high point for PRTIX and PRWBX. For additional features, visit the drawdowns tool.
Volatility
PRTIX vs. PRWBX - Volatility Comparison
T. Rowe Price U.S. Treasury Intermediate Index Fund (PRTIX) has a higher volatility of 1.61% compared to T. Rowe Price Short-Term Bond Fund (PRWBX) at 0.65%. This indicates that PRTIX's price experiences larger fluctuations and is considered to be riskier than PRWBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.