SQNNY vs. TRBUX

Last updated Aug 1, 2026

SQNNY (Square Enix Holdings Co. Ltd) is a stock, while TRBUX (T. Rowe Price Ultra Short-Term Bond Fund) is Ultrashort Bond fund managed by T. Rowe Price. Over the past 5 years, SQNNY returned -1.59%/yr vs 5.59%/yr for TRBUX. Their 0.05 correlation means their historical movements had little consistent relationship.

Performance

SQNNY vs. TRBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Square Enix Holdings Co. Ltd (SQNNY) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SQNNY achieves a -20.95% return, which is significantly lower than TRBUX's 2.12% return.

SQNNY

• 1D: -12.85%
• 1M: 9.33%
• 6M: -3.00%
• YTD: -20.95%
• 1Y: -24.58%
• 3Y*: 1.74%
• 5Y*: -1.59%
• 10Y*: —
• ALL TIME*: 2.01%

TRBUX

• 1D: 0.00%
• 1M: 0.00%
• 6M: 1.75%
• YTD: 2.12%
• 1Y: 4.32%
• 3Y*: 8.11%
• 5Y*: 5.59%
• 10Y*: 3.91%
• ALL TIME*: 3.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SQNNY Square Enix Holdings Co. Ltd	$5.51K	$5.46K	$6.74K
TRBUX T. Rowe Price Ultra Short-Term Bond Fund	$0.00	$0.00	$0.00

SQNNY vs. TRBUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SQNNY Square Enix Holdings Co. Ltd	-20.95%	53.72%	11.71%	-21.17%	-17.44%	-12.19%	26.58%	78.24%	-32.35%
TRBUX T. Rowe Price Ultra Short-Term Bond Fund	2.12%	6.49%	11.12%	10.12%	-1.28%	0.22%	3.11%	3.60%	1.72%

Correlation

The correlation between SQNNY and TRBUX is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.01
Correlation (3Y) Balances recent behavior with more history.	0.05
Correlation (5Y) Shows whether the relationship held over a longer period.	0.05
Correlation (All Time) Calculated using the full available price history since Feb 7, 2018	0.05

Return for Risk

SQNNY vs. TRBUX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SQNNY

SQNNY Risk / Return Rank: 59
SQNNY Sharpe Ratio Rank: 41
SQNNY Sortino Ratio Rank: 93
SQNNY Omega Ratio Rank: 98
SQNNY Calmar Ratio Rank: 34
SQNNY Martin Ratio Rank: 29

TRBUX

TRBUX Risk / Return Rank: 98
TRBUX Sharpe Ratio Rank: 96
TRBUX Sortino Ratio Rank: 98
TRBUX Omega Ratio Rank: 99
TRBUX Calmar Ratio Rank: 99
TRBUX Martin Ratio Rank: 99

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SQNNY vs. TRBUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Square Enix Holdings Co. Ltd (SQNNY) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SQNNY	TRBUX	Difference
Sharpe ratio: Return per unit of total volatility	-0.06	2.71	-2.78
Sortino ratio: Return per unit of downside risk	3.13	6.08	-2.95
Omega ratio: Gain probability vs. loss probability	1.72	2.66	-0.93
Calmar ratio: Return relative to maximum drawdown	-0.32	11.36	-11.67
Martin ratio: Return relative to average drawdown	-0.77	38.63	-39.40

SQNNY vs. TRBUX - Sharpe Ratio Comparison

The current SQNNY Sharpe Ratio is -0.06, which is lower than the TRBUX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of SQNNY and TRBUX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SQNNY vs. TRBUX - Drawdown Comparison

The maximum SQNNY drawdown since its inception was -78.26%, which is greater than TRBUX's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for SQNNY and TRBUX.

Drawdown Indicators

	SQNNY	TRBUX	Difference
Max Drawdown Largest peak-to-trough decline	-78.26%	-4.15%	-74.11%
Max Drawdown (1Y) Largest decline over 1 year	-78.26%	-0.39%	-77.87%
Max Drawdown (3Y) Largest decline over 3 years	-78.26%	-0.78%	-77.48%
Max Drawdown (5Y) Largest decline over 5 years	-78.26%	-2.66%	-75.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-4.15%	—
Current Drawdown Current decline from peak	-37.92%	-0.20%	-37.72%
Average Drawdown Average peak-to-trough decline	-26.51%	-0.21%	-26.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.80%	0.11%	+31.69%

Volatility

SQNNY vs. TRBUX - Volatility Comparison

Square Enix Holdings Co. Ltd (SQNNY) has a higher volatility of 27.22% compared to T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) at 0.29%. This indicates that SQNNY'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.

Volatility by Period

	SQNNY	TRBUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.22%	0.29%	+26.93%
Volatility (6M) Calculated over the trailing 6-month period	65.85%	1.28%	+64.57%
Volatility (1Y) Calculated over the trailing 1-year period	387.46%	1.69%	+385.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	178.10%	1.81%	+176.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	151.57%	1.58%	+149.99%

Dividends

SQNNY vs. TRBUX - Dividend Comparison

SQNNY has not paid dividends to shareholders, while TRBUX's dividend yield for the trailing twelve months is around 4.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SQNNY Square Enix Holdings Co. Ltd	0.00%	0.00%	0.00%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TRBUX T. Rowe Price Ultra Short-Term Bond Fund	4.43%	5.86%	9.30%	7.34%	1.53%	1.21%	1.86%	2.73%	2.47%	1.62%	1.18%	0.81%

Frequently Asked Questions

Can I hold both SQNNY and TRBUX in my portfolio?

SQNNY and TRBUX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SQNNY or TRBUX?

SQNNY has higher volatility (27.22%) compared to TRBUX (0.29%). In terms of maximum drawdown, SQNNY dropped -78.26% vs TRBUX's -4.15%.

Which has better risk-adjusted returns?

TRBUX currently has the higher Sharpe Ratio (2.71 vs -0.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.