TACN vs. TBUX
TACN (T. Rowe Price Active Core International Equity ETF) and TBUX (T. Rowe Price Ultra Short-Term Bond ETF) are both exchange-traded funds - TACN is a Actively Managed fund actively managed by T. Rowe Price, while TBUX is a Ultrashort Bond fund actively managed by T. Rowe Price. Both are actively managed. Their 0.30 correlation means their historical movements had little consistent relationship. TACN charges 0.20%/yr vs 0.17%/yr for TBUX.
Performance
TACN vs. TBUX - Performance Comparison
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Returns By Period
In the year-to-date period, TACN achieves a 10.54% return, which is significantly higher than TBUX's 2.25% return.
TACN
- 1D
- -0.46%
- 1M
- 0.08%
- 6M
- 4.64%
- YTD
- 10.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TBUX
- 1D
- 0.02%
- 1M
- 0.28%
- 6M
- 1.95%
- YTD
- 2.25%
- 1Y
- 4.54%
- 3Y*
- 5.71%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $184.69K | $112.68K | $82.44K | |
| $11.07M | $11.85M | $10.13M |
TACN vs. TBUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TACN T. Rowe Price Active Core International Equity ETF | 10.54% | 1.68% |
TBUX T. Rowe Price Ultra Short-Term Bond ETF | 2.25% | 0.33% |
Correlation
The correlation between TACN and TBUX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025 | 0.30 |
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Return for Risk
TACN vs. TBUX — Risk / Return Rank
TACN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TBUX
TACN vs. TBUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Active Core International Equity ETF (TACN) and T. Rowe Price Ultra Short-Term Bond ETF (TBUX). 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.
| TACN | TBUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.92 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 45.39 | — |
| Martin ratioReturn relative to average drawdown | — | 165.91 | — |
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Drawdowns
TACN vs. TBUX - Drawdown Comparison
The maximum TACN drawdown since its inception was -10.98%, which is greater than TBUX's maximum drawdown of -1.82%. Use the drawdown chart below to compare losses from any high point for TACN and TBUX.
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Drawdown Indicators
| TACN | TBUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.98% | -1.82% | -9.16% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.33% | — |
Current DrawdownCurrent decline from peak | -1.53% | 0.00% | -1.53% |
Average DrawdownAverage peak-to-trough decline | -2.32% | -0.28% | -2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.03% | — |
Volatility
TACN vs. TBUX - Volatility Comparison
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Volatility by Period
| TACN | TBUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.16% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.49% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.14% | 0.67% | +16.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 1.06% | +16.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 1.06% | +16.08% |
TACN vs. TBUX - Expense Ratio Comparison
TACN has a 0.20% expense ratio, which is higher than TBUX's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TACN vs. TBUX - Dividend Comparison
TACN has not paid dividends to shareholders, while TBUX's dividend yield for the trailing twelve months is around 4.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
TACN T. Rowe Price Active Core International Equity ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TBUX T. Rowe Price Ultra Short-Term Bond ETF | 4.43% | 4.67% | 5.39% | 4.66% | 2.58% | 0.27% |
Frequently Asked Questions
TACN and TBUX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TBUX is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TBUX is cheaper with a 0.17% expense ratio, compared with 0.20% for TACN.
TBUX has the higher dividend yield at 4.43%, compared with 0.00% for TACN.
TACN is categorized as Actively Managed, while TBUX is Ultrashort Bond. Their fees differ too: 0.20% for TACN and 0.17% for TBUX.
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