PTSHX vs. TRBUX
Compare and contrast key facts about PIMCO Short Term Fund (PTSHX) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX).
PTSHX is managed by PIMCO. It was launched on Oct 7, 1987. TRBUX is managed by T. Rowe Price. It was launched on Dec 3, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTSHX or TRBUX.
Key characteristics
| PTSHX | TRBUX | |
|---|---|---|
| YTD Return | 5.31% | 5.38% |
| 1Y Return | 6.36% | 6.88% |
| 3Y Return (Ann) | 3.71% | 3.49% |
| 5Y Return (Ann) | 2.86% | 2.85% |
| 10Y Return (Ann) | 2.37% | 2.40% |
| Sharpe Ratio | 4.05 | 3.99 |
| Sortino Ratio | 18.82 | 11.24 |
| Omega Ratio | 6.95 | 4.75 |
| Calmar Ratio | 60.91 | 34.54 |
| Martin Ratio | 112.19 | 70.84 |
| Ulcer Index | 0.06% | 0.10% |
| Daily Std Dev | 1.57% | 1.73% |
| Max Drawdown | -6.26% | -4.15% |
| Current Drawdown | 0.00% | -0.20% |
Correlation
The correlation between PTSHX and TRBUX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PTSHX vs. TRBUX - Performance Comparison
The year-to-date returns for both investments are quite close, with PTSHX having a 5.31% return and TRBUX slightly higher at 5.38%. Both investments have delivered pretty close results over the past 10 years, with PTSHX having a 2.37% annualized return and TRBUX not far ahead at 2.40%. 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.
PTSHX vs. TRBUX - Expense Ratio Comparison
PTSHX has a 0.45% expense ratio, which is higher than TRBUX's 0.31% expense ratio.
Risk-Adjusted Performance
PTSHX vs. TRBUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Short Term Fund (PTSHX) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX). 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
PTSHX vs. TRBUX - Dividend Comparison
PTSHX's dividend yield for the trailing twelve months is around 5.20%, more than TRBUX's 5.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTSHX PIMCO Short Term Fund | 5.20% | 4.51% | 3.27% | 0.63% | 1.78% | 2.92% | 2.50% | 1.67% | 1.81% | 1.58% | 1.53% | 1.09% |
TRBUX T. Rowe Price Ultra Short-Term Bond Fund | 5.03% | 4.02% | 1.97% | 1.11% | 1.83% | 2.72% | 2.58% | 1.88% | 1.20% | 0.80% | 0.42% | 0.06% |
Drawdowns
PTSHX vs. TRBUX - Drawdown Comparison
The maximum PTSHX drawdown since its inception was -6.26%, which is greater than TRBUX's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for PTSHX and TRBUX. For additional features, visit the drawdowns tool.
Volatility
PTSHX vs. TRBUX - Volatility Comparison
PIMCO Short Term Fund (PTSHX) has a higher volatility of 0.53% compared to T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) at 0.46%. This indicates that PTSHX's price experiences larger fluctuations and is considered to be riskier than TRBUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.