PTKIX vs. BNDW
Compare and contrast key facts about T. Rowe Price Total Return Fund (PTKIX) and Vanguard Total World Bond ETF (BNDW).
PTKIX is managed by T. Rowe Price. It was launched on Nov 15, 2016. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays Global Aggregate Float Adjusted TR Index. It was launched on Sep 4, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTKIX or BNDW.
Key characteristics
| PTKIX | BNDW | |
|---|---|---|
| YTD Return | 3.03% | 2.65% |
| 1Y Return | 9.71% | 8.47% |
| 3Y Return (Ann) | -2.99% | -1.47% |
| 5Y Return (Ann) | -0.26% | 0.00% |
| Sharpe Ratio | 1.64 | 1.77 |
| Sortino Ratio | 2.45 | 2.65 |
| Omega Ratio | 1.30 | 1.31 |
| Calmar Ratio | 0.55 | 0.64 |
| Martin Ratio | 6.41 | 6.50 |
| Ulcer Index | 1.54% | 1.32% |
| Daily Std Dev | 6.01% | 4.87% |
| Max Drawdown | -20.69% | -17.22% |
| Current Drawdown | -9.81% | -6.15% |
Correlation
The correlation between PTKIX and BNDW is 0.86, 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
PTKIX vs. BNDW - Performance Comparison
In the year-to-date period, PTKIX achieves a 3.03% return, which is significantly higher than BNDW's 2.65% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PTKIX vs. BNDW - Expense Ratio Comparison
PTKIX has a 0.33% expense ratio, which is higher than BNDW's 0.06% expense ratio.
Risk-Adjusted Performance
PTKIX vs. BNDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Total Return Fund (PTKIX) and Vanguard Total World Bond ETF (BNDW). 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
PTKIX vs. BNDW - Dividend Comparison
PTKIX's dividend yield for the trailing twelve months is around 5.11%, more than BNDW's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
PTKIX T. Rowe Price Total Return Fund | 5.11% | 4.97% | 3.85% | 2.61% | 3.01% | 3.64% | 3.41% | 1.76% |
BNDW Vanguard Total World Bond ETF | 4.15% | 3.73% | 2.02% | 2.58% | 1.56% | 3.05% | 1.66% | 0.00% |
Drawdowns
PTKIX vs. BNDW - Drawdown Comparison
The maximum PTKIX drawdown since its inception was -20.69%, which is greater than BNDW's maximum drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for PTKIX and BNDW. For additional features, visit the drawdowns tool.
Volatility
PTKIX vs. BNDW - Volatility Comparison
T. Rowe Price Total Return Fund (PTKIX) has a higher volatility of 1.66% compared to Vanguard Total World Bond ETF (BNDW) at 1.25%. This indicates that PTKIX's price experiences larger fluctuations and is considered to be riskier than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.