PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
RPIFX vs. AVUV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

RPIFX vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Institutional Floating Rate Fund (RPIFX) and Avantis U.S. Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.60%
13.71%
RPIFX
AVUV

Returns By Period

In the year-to-date period, RPIFX achieves a 7.91% return, which is significantly lower than AVUV's 15.85% return.


RPIFX

YTD

7.91%

1M

1.00%

6M

4.60%

1Y

10.63%

5Y (annualized)

5.67%

10Y (annualized)

4.84%

AVUV

YTD

15.85%

1M

7.10%

6M

13.70%

1Y

31.15%

5Y (annualized)

16.63%

10Y (annualized)

N/A

Key characteristics


RPIFXAVUV
Sharpe Ratio3.841.50
Sortino Ratio12.812.24
Omega Ratio4.071.28
Calmar Ratio14.232.88
Martin Ratio81.347.56
Ulcer Index0.13%4.19%
Daily Std Dev2.73%21.12%
Max Drawdown-22.53%-49.42%
Current Drawdown0.00%-1.99%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


RPIFX vs. AVUV - Expense Ratio Comparison

RPIFX has a 0.57% expense ratio, which is higher than AVUV's 0.25% expense ratio.


RPIFX
T. Rowe Price Institutional Floating Rate Fund
Expense ratio chart for RPIFX: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%
Expense ratio chart for AVUV: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.00.3

The correlation between RPIFX and AVUV is 0.25, 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.

Risk-Adjusted Performance

RPIFX vs. AVUV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Institutional Floating Rate Fund (RPIFX) and Avantis U.S. Small Cap Value ETF (AVUV). 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.


Sharpe ratio
The chart of Sharpe ratio for RPIFX, currently valued at 3.84, compared to the broader market-1.000.001.002.003.004.005.003.841.50
The chart of Sortino ratio for RPIFX, currently valued at 12.81, compared to the broader market0.005.0010.0012.812.24
The chart of Omega ratio for RPIFX, currently valued at 4.07, compared to the broader market1.002.003.004.004.071.28
The chart of Calmar ratio for RPIFX, currently valued at 14.23, compared to the broader market0.005.0010.0015.0020.0014.232.88
The chart of Martin ratio for RPIFX, currently valued at 81.34, compared to the broader market0.0020.0040.0060.0080.00100.0081.347.56
RPIFX
AVUV

The current RPIFX Sharpe Ratio is 3.84, which is higher than the AVUV Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of RPIFX and AVUV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
3.84
1.50
RPIFX
AVUV

Dividends

RPIFX vs. AVUV - Dividend Comparison

RPIFX's dividend yield for the trailing twelve months is around 8.65%, more than AVUV's 1.52% yield.


TTM20232022202120202019201820172016201520142013
RPIFX
T. Rowe Price Institutional Floating Rate Fund
8.65%8.66%5.51%3.95%4.30%5.12%5.17%4.32%4.32%4.46%4.37%4.21%
AVUV
Avantis U.S. Small Cap Value ETF
1.52%1.65%1.74%1.28%1.21%0.38%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

RPIFX vs. AVUV - Drawdown Comparison

The maximum RPIFX drawdown since its inception was -22.53%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for RPIFX and AVUV. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.99%
RPIFX
AVUV

Volatility

RPIFX vs. AVUV - Volatility Comparison

The current volatility for T. Rowe Price Institutional Floating Rate Fund (RPIFX) is 0.83%, while Avantis U.S. Small Cap Value ETF (AVUV) has a volatility of 8.47%. This indicates that RPIFX experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.83%
8.47%
RPIFX
AVUV