PRWBX vs. PRTIX
Compare and contrast key facts about T. Rowe Price Short-Term Bond Fund (PRWBX) and T. Rowe Price U.S. Treasury Intermediate Index Fund (PRTIX).
PRWBX is managed by T. Rowe Price. It was launched on Mar 2, 1984. PRTIX is managed by T. Rowe Price. It was launched on Sep 28, 1989.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRWBX or PRTIX.
Correlation
The correlation between PRWBX and PRTIX 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
PRWBX vs. PRTIX - Performance Comparison
Key characteristics
PRWBX:
3.18
PRTIX:
0.89
PRWBX:
5.31
PRTIX:
1.31
PRWBX:
1.87
PRTIX:
1.16
PRWBX:
9.93
PRTIX:
0.42
PRWBX:
27.24
PRTIX:
2.46
PRWBX:
0.32%
PRTIX:
2.07%
PRWBX:
2.73%
PRTIX:
5.73%
PRWBX:
-5.48%
PRTIX:
-18.46%
PRWBX:
-0.00%
PRTIX:
-6.09%
Returns By Period
In the year-to-date period, PRWBX achieves a -0.00% return, which is significantly higher than PRTIX's -0.00% return. Over the past 10 years, PRWBX has outperformed PRTIX with an annualized return of 3.61%, while PRTIX has yielded a comparatively lower 1.44% annualized return.
PRWBX
-0.00%
0.57%
4.00%
8.69%
4.28%
3.61%
PRTIX
-0.00%
0.32%
1.77%
4.89%
0.42%
1.44%
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PRWBX vs. PRTIX - Expense Ratio Comparison
PRWBX has a 0.43% expense ratio, which is higher than PRTIX's 0.27% expense ratio.
Risk-Adjusted Performance
PRWBX vs. PRTIX — Risk-Adjusted Performance Rank
PRWBX
PRTIX
PRWBX vs. PRTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Short-Term Bond Fund (PRWBX) and T. Rowe Price U.S. Treasury Intermediate Index Fund (PRTIX). 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
PRWBX vs. PRTIX - Dividend Comparison
PRWBX's dividend yield for the trailing twelve months is around 7.40%, more than PRTIX's 7.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
PRWBX vs. PRTIX - Drawdown Comparison
The maximum PRWBX drawdown since its inception was -5.48%, smaller than the maximum PRTIX drawdown of -18.46%. Use the drawdown chart below to compare losses from any high point for PRWBX and PRTIX. For additional features, visit the drawdowns tool.
Volatility
PRWBX vs. PRTIX - Volatility Comparison
The current volatility for T. Rowe Price Short-Term Bond Fund (PRWBX) is 0.65%, while T. Rowe Price U.S. Treasury Intermediate Index Fund (PRTIX) has a volatility of 1.61%. This indicates that PRWBX experiences smaller price fluctuations and is considered to be less risky than PRTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.