RPBAX vs. PRAIX
Compare and contrast key facts about T. Rowe Price Balanced Fund (RPBAX) and PIMCO Long-Term Real Return Fund (PRAIX).
RPBAX is managed by T. Rowe Price. It was launched on Dec 29, 1939. PRAIX is managed by PIMCO. It was launched on Nov 11, 2001.
Performance
RPBAX vs. PRAIX - Performance Comparison
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RPBAX vs. PRAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RPBAX T. Rowe Price Balanced Fund | -3.21% | 16.06% | 11.71% | 18.01% | -17.28% | 13.29% | 14.54% | 20.75% | -4.89% | 12.58% |
PRAIX PIMCO Long-Term Real Return Fund | -1.89% | 5.26% | -4.11% | 0.14% | -33.83% | 7.21% | 27.16% | 19.62% | -6.49% | 8.84% |
Returns By Period
In the year-to-date period, RPBAX achieves a -3.21% return, which is significantly lower than PRAIX's -1.89% return. Over the past 10 years, RPBAX has outperformed PRAIX with an annualized return of 7.99%, while PRAIX has yielded a comparatively lower 0.87% annualized return.
RPBAX
- 1D
- 0.07%
- 1M
- -6.89%
- YTD
- -3.21%
- 6M
- -0.84%
- 1Y
- 11.14%
- 3Y*
- 11.85%
- 5Y*
- 6.11%
- 10Y*
- 7.99%
PRAIX
- 1D
- 1.62%
- 1M
- -5.12%
- YTD
- -1.89%
- 6M
- -2.85%
- 1Y
- -2.46%
- 3Y*
- -1.99%
- 5Y*
- -5.11%
- 10Y*
- 0.87%
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RPBAX vs. PRAIX - Expense Ratio Comparison
RPBAX has a 0.57% expense ratio, which is higher than PRAIX's 0.50% expense ratio.
Return for Risk
RPBAX vs. PRAIX — Risk / Return Rank
RPBAX
PRAIX
RPBAX vs. PRAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Balanced Fund (RPBAX) and PIMCO Long-Term Real Return Fund (PRAIX). 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.
| RPBAX | PRAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | -0.03 | +1.07 |
Sortino ratioReturn per unit of downside risk | 1.51 | 0.04 | +1.47 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.00 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.23 | 0.07 | +1.16 |
Martin ratioReturn relative to average drawdown | 5.55 | 0.16 | +5.39 |
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
| RPBAX | PRAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | -0.03 | +1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | -0.31 | +0.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.06 | +0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.37 | +0.32 |
Correlation
The correlation between RPBAX and PRAIX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
RPBAX vs. PRAIX - Dividend Comparison
RPBAX's dividend yield for the trailing twelve months is around 7.64%, more than PRAIX's 4.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPBAX T. Rowe Price Balanced Fund | 7.64% | 7.30% | 7.28% | 3.80% | 5.03% | 9.33% | 4.59% | 3.41% | 8.42% | 1.69% | 2.96% | 7.32% |
PRAIX PIMCO Long-Term Real Return Fund | 4.63% | 5.72% | 4.64% | 4.75% | 12.40% | 15.85% | 37.88% | 7.20% | 3.06% | 2.76% | 1.54% | 2.05% |
Drawdowns
RPBAX vs. PRAIX - Drawdown Comparison
The maximum RPBAX drawdown since its inception was -40.79%, smaller than the maximum PRAIX drawdown of -43.52%. Use the drawdown chart below to compare losses from any high point for RPBAX and PRAIX.
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Drawdown Indicators
| RPBAX | PRAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.79% | -43.52% | +2.73% |
Max Drawdown (1Y)Largest decline over 1 year | -8.19% | -8.28% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -23.45% | -43.52% | +20.07% |
Max Drawdown (10Y)Largest decline over 10 years | -25.49% | -43.52% | +18.03% |
Current DrawdownCurrent decline from peak | -7.08% | -35.44% | +28.36% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -10.08% | +5.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 3.93% | -2.09% |
Volatility
RPBAX vs. PRAIX - Volatility Comparison
The current volatility for T. Rowe Price Balanced Fund (RPBAX) is 3.65%, while PIMCO Long-Term Real Return Fund (PRAIX) has a volatility of 4.27%. This indicates that RPBAX experiences smaller price fluctuations and is considered to be less risky than PRAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RPBAX | PRAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.65% | 4.27% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 6.11% | 6.72% | -0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.01% | 12.04% | -1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.90% | 16.34% | -5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.58% | 14.96% | -3.38% |