PTIMX vs. PTIAX
Compare and contrast key facts about Performance Trust Municipal Bond Fund (PTIMX) and Performance Trust Strategic Bond Fund (PTIAX).
PTIMX is managed by Performance Trust Asset Management. It was launched on Jun 29, 2011. PTIAX is managed by Performance Trust Asset Management. It was launched on Aug 31, 2010.
Performance
PTIMX vs. PTIAX - Performance Comparison
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PTIMX vs. PTIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PTIMX Performance Trust Municipal Bond Fund | -0.21% | 4.03% | 1.63% | 8.66% | -12.14% | 2.26% | 6.34% | 8.62% | 0.55% | 7.28% |
PTIAX Performance Trust Strategic Bond Fund | -0.17% | 6.92% | 3.52% | 7.48% | -12.84% | 1.15% | 5.73% | 7.36% | 2.01% | 7.08% |
Returns By Period
In the year-to-date period, PTIMX achieves a -0.21% return, which is significantly lower than PTIAX's -0.17% return. Over the past 10 years, PTIMX has underperformed PTIAX with an annualized return of 2.30%, while PTIAX has yielded a comparatively higher 2.95% annualized return.
PTIMX
- 1D
- 0.31%
- 1M
- -2.69%
- YTD
- -0.21%
- 6M
- 1.83%
- 1Y
- 4.95%
- 3Y*
- 3.59%
- 5Y*
- 0.81%
- 10Y*
- 2.30%
PTIAX
- 1D
- 0.61%
- 1M
- -2.39%
- YTD
- -0.17%
- 6M
- 0.81%
- 1Y
- 4.38%
- 3Y*
- 4.87%
- 5Y*
- 1.17%
- 10Y*
- 2.95%
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PTIMX vs. PTIAX - Expense Ratio Comparison
PTIMX has a 0.48% expense ratio, which is lower than PTIAX's 0.76% expense ratio.
Return for Risk
PTIMX vs. PTIAX — Risk / Return Rank
PTIMX
PTIAX
PTIMX vs. PTIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Performance Trust Municipal Bond Fund (PTIMX) and Performance Trust Strategic Bond Fund (PTIAX). 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.
| PTIMX | PTIAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.01 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.46 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.18 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.65 | -0.44 |
Martin ratioReturn relative to average drawdown | 3.76 | 4.77 | -1.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PTIMX | PTIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.01 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.24 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.74 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 1.22 | -0.30 |
Correlation
The correlation between PTIMX and PTIAX is 0.68, 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.
Dividends
PTIMX vs. PTIAX - Dividend Comparison
PTIMX's dividend yield for the trailing twelve months is around 3.97%, less than PTIAX's 4.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTIMX Performance Trust Municipal Bond Fund | 3.97% | 4.02% | 3.66% | 3.68% | 2.46% | 2.35% | 2.71% | 3.08% | 2.87% | 2.58% | 2.41% | 2.46% |
PTIAX Performance Trust Strategic Bond Fund | 4.71% | 4.68% | 4.44% | 4.03% | 3.96% | 3.01% | 3.86% | 4.11% | 4.47% | 5.51% | 5.49% | 4.87% |
Drawdowns
PTIMX vs. PTIAX - Drawdown Comparison
The maximum PTIMX drawdown since its inception was -16.69%, roughly equal to the maximum PTIAX drawdown of -16.90%. Use the drawdown chart below to compare losses from any high point for PTIMX and PTIAX.
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Drawdown Indicators
| PTIMX | PTIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.69% | -16.90% | +0.21% |
Max Drawdown (1Y)Largest decline over 1 year | -4.63% | -3.11% | -1.52% |
Max Drawdown (5Y)Largest decline over 5 years | -16.69% | -16.90% | +0.21% |
Max Drawdown (10Y)Largest decline over 10 years | -16.69% | -16.90% | +0.21% |
Current DrawdownCurrent decline from peak | -2.69% | -2.39% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -2.99% | -2.44% | -0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.07% | +0.42% |
Volatility
PTIMX vs. PTIAX - Volatility Comparison
The current volatility for Performance Trust Municipal Bond Fund (PTIMX) is 1.20%, while Performance Trust Strategic Bond Fund (PTIAX) has a volatility of 1.60%. This indicates that PTIMX experiences smaller price fluctuations and is considered to be less risky than PTIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PTIMX | PTIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.60% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 1.71% | 2.70% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.70% | 4.52% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.42% | 4.93% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.47% | 4.01% | +0.46% |