Correlation
The correlation between RPIDX and PTIAX is 0.01, 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.
RPIDX vs. PTIAX
Compare and contrast key facts about T. Rowe Price Dynamic Credit Fund (RPIDX) and Performance Trust Strategic Bond Fund (PTIAX).
RPIDX is managed by T. Rowe Price. It was launched on Jan 10, 2019. PTIAX is managed by Performance Trust Asset Management. It was launched on Aug 31, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPIDX or PTIAX.
Performance
RPIDX vs. PTIAX - Performance Comparison
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Key characteristics
RPIDX:
2.10
PTIAX:
1.02
RPIDX:
3.59
PTIAX:
1.41
RPIDX:
1.53
PTIAX:
1.17
RPIDX:
2.35
PTIAX:
0.69
RPIDX:
9.71
PTIAX:
2.89
RPIDX:
0.77%
PTIAX:
1.82%
RPIDX:
3.37%
PTIAX:
5.37%
RPIDX:
-19.95%
PTIAX:
-16.42%
RPIDX:
-1.00%
PTIAX:
-2.29%
Returns By Period
In the year-to-date period, RPIDX achieves a 1.90% return, which is significantly higher than PTIAX's 1.66% return.
RPIDX
1.90%
0.46%
2.33%
6.96%
5.40%
6.16%
N/A
PTIAX
1.66%
-0.58%
-0.29%
5.42%
2.63%
1.22%
2.90%
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RPIDX vs. PTIAX - Expense Ratio Comparison
RPIDX has a 0.63% expense ratio, which is lower than PTIAX's 0.76% expense ratio.
Risk-Adjusted Performance
RPIDX vs. PTIAX — Risk-Adjusted Performance Rank
RPIDX
PTIAX
RPIDX vs. PTIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Dynamic Credit Fund (RPIDX) 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.
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Dividends
RPIDX vs. PTIAX - Dividend Comparison
RPIDX's dividend yield for the trailing twelve months is around 6.66%, more than PTIAX's 4.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPIDX T. Rowe Price Dynamic Credit Fund | 6.66% | 6.87% | 5.87% | 8.81% | 5.35% | 7.70% | 4.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PTIAX Performance Trust Strategic Bond Fund | 4.52% | 4.45% | 4.03% | 3.96% | 3.59% | 3.86% | 4.12% | 4.47% | 5.51% | 5.49% | 4.87% | 4.54% |
Drawdowns
RPIDX vs. PTIAX - Drawdown Comparison
The maximum RPIDX drawdown since its inception was -19.95%, which is greater than PTIAX's maximum drawdown of -16.42%. Use the drawdown chart below to compare losses from any high point for RPIDX and PTIAX.
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Volatility
RPIDX vs. PTIAX - Volatility Comparison
The current volatility for T. Rowe Price Dynamic Credit Fund (RPIDX) is 0.71%, while Performance Trust Strategic Bond Fund (PTIAX) has a volatility of 1.60%. This indicates that RPIDX 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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