RPSIX vs. VTMFX
Compare and contrast key facts about T. Rowe Price Spectrum Income Fund (RPSIX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX).
RPSIX is managed by T. Rowe Price. It was launched on Jun 28, 1990. VTMFX is managed by BlackRock. It was launched on Sep 6, 1994.
Performance
RPSIX vs. VTMFX - Performance Comparison
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RPSIX vs. VTMFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RPSIX T. Rowe Price Spectrum Income Fund | -0.87% | 11.58% | 4.22% | 8.55% | -11.40% | 2.60% | 6.07% | 11.57% | -2.61% | 7.03% |
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | -3.56% | 11.28% | 12.17% | 15.55% | -12.69% | 13.10% | 13.31% | 18.01% | -1.40% | 12.61% |
Returns By Period
In the year-to-date period, RPSIX achieves a -0.87% return, which is significantly higher than VTMFX's -3.56% return. Over the past 10 years, RPSIX has underperformed VTMFX with an annualized return of 3.88%, while VTMFX has yielded a comparatively higher 7.82% annualized return.
RPSIX
- 1D
- 0.18%
- 1M
- -2.36%
- YTD
- -0.87%
- 6M
- 1.96%
- 1Y
- 8.32%
- 3Y*
- 6.63%
- 5Y*
- 2.60%
- 10Y*
- 3.88%
VTMFX
- 1D
- -0.08%
- 1M
- -5.04%
- YTD
- -3.56%
- 6M
- -1.55%
- 1Y
- 9.77%
- 3Y*
- 9.90%
- 5Y*
- 6.01%
- 10Y*
- 7.82%
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RPSIX vs. VTMFX - Expense Ratio Comparison
RPSIX has a 0.62% expense ratio, which is higher than VTMFX's 0.09% expense ratio.
Return for Risk
RPSIX vs. VTMFX — Risk / Return Rank
RPSIX
VTMFX
RPSIX vs. VTMFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Income Fund (RPSIX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). 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.
| RPSIX | VTMFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.69 | 1.21 | +1.48 |
Sortino ratioReturn per unit of downside risk | 4.26 | 1.75 | +2.52 |
Omega ratioGain probability vs. loss probability | 1.61 | 1.26 | +0.35 |
Calmar ratioReturn relative to maximum drawdown | 3.32 | 1.36 | +1.96 |
Martin ratioReturn relative to average drawdown | 13.49 | 6.49 | +7.00 |
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
| RPSIX | VTMFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.69 | 1.21 | +1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.71 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.86 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.49 | 0.82 | +0.68 |
Correlation
The correlation between RPSIX and VTMFX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
RPSIX vs. VTMFX - Dividend Comparison
RPSIX's dividend yield for the trailing twelve months is around 9.12%, more than VTMFX's 2.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPSIX T. Rowe Price Spectrum Income Fund | 9.12% | 8.95% | 5.23% | 4.83% | 3.99% | 3.92% | 3.64% | 3.79% | 4.73% | 3.91% | 3.75% | 4.71% |
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | 2.31% | 2.14% | 2.08% | 1.94% | 1.85% | 1.38% | 1.72% | 2.05% | 2.22% | 2.00% | 2.13% | 2.06% |
Drawdowns
RPSIX vs. VTMFX - Drawdown Comparison
The maximum RPSIX drawdown since its inception was -16.73%, smaller than the maximum VTMFX drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for RPSIX and VTMFX.
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Drawdown Indicators
| RPSIX | VTMFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.73% | -28.49% | +11.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.54% | -6.82% | +4.28% |
Max Drawdown (5Y)Largest decline over 5 years | -16.73% | -17.40% | +0.67% |
Max Drawdown (10Y)Largest decline over 10 years | -16.73% | -21.87% | +5.14% |
Current DrawdownCurrent decline from peak | -2.36% | -5.38% | +3.02% |
Average DrawdownAverage peak-to-trough decline | -1.70% | -3.56% | +1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | 1.43% | -0.81% |
Volatility
RPSIX vs. VTMFX - Volatility Comparison
The current volatility for T. Rowe Price Spectrum Income Fund (RPSIX) is 1.17%, while Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) has a volatility of 2.30%. This indicates that RPSIX experiences smaller price fluctuations and is considered to be less risky than VTMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RPSIX | VTMFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 2.30% | -1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 2.27% | 4.60% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.37% | 8.45% | -5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.47% | 8.49% | -4.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.53% | 9.09% | -4.56% |