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TBUX vs. BINC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TBUX and BINC is 0.07, 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.


Performance

TBUX vs. BINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Ultra Short-Term Bond ETF (TBUX) and BlackRock Flexible Income ETF (BINC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TBUX:

4.14

BINC:

2.35

Sortino Ratio

TBUX:

7.17

BINC:

3.17

Omega Ratio

TBUX:

1.99

BINC:

1.51

Calmar Ratio

TBUX:

18.05

BINC:

2.81

Martin Ratio

TBUX:

72.91

BINC:

12.34

Ulcer Index

TBUX:

0.08%

BINC:

0.54%

Daily Std Dev

TBUX:

1.43%

BINC:

2.87%

Max Drawdown

TBUX:

-1.79%

BINC:

-2.37%

Current Drawdown

TBUX:

0.00%

BINC:

-0.12%

Returns By Period

The year-to-date returns for both investments are quite close, with TBUX having a 1.88% return and BINC slightly higher at 1.90%.


TBUX

YTD

1.88%

1M

0.56%

6M

2.65%

1Y

5.90%

5Y*

N/A

10Y*

N/A

BINC

YTD

1.90%

1M

2.29%

6M

2.46%

1Y

6.72%

5Y*

N/A

10Y*

N/A

*Annualized

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TBUX vs. BINC - Expense Ratio Comparison

TBUX has a 0.17% expense ratio, which is lower than BINC's 0.40% expense ratio.


Risk-Adjusted Performance

TBUX vs. BINC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TBUX
The Risk-Adjusted Performance Rank of TBUX is 9898
Overall Rank
The Sharpe Ratio Rank of TBUX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of TBUX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of TBUX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of TBUX is 9898
Calmar Ratio Rank
The Martin Ratio Rank of TBUX is 9898
Martin Ratio Rank

BINC
The Risk-Adjusted Performance Rank of BINC is 9595
Overall Rank
The Sharpe Ratio Rank of BINC is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of BINC is 9595
Sortino Ratio Rank
The Omega Ratio Rank of BINC is 9595
Omega Ratio Rank
The Calmar Ratio Rank of BINC is 9595
Calmar Ratio Rank
The Martin Ratio Rank of BINC is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TBUX vs. BINC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Ultra Short-Term Bond ETF (TBUX) and BlackRock Flexible Income ETF (BINC). 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.


The current TBUX Sharpe Ratio is 4.14, which is higher than the BINC Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of TBUX and BINC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TBUX vs. BINC - Dividend Comparison

TBUX's dividend yield for the trailing twelve months is around 5.19%, less than BINC's 6.48% yield.


TTM2024202320222021
TBUX
T. Rowe Price Ultra Short-Term Bond ETF
5.19%5.39%4.66%2.58%0.27%
BINC
BlackRock Flexible Income ETF
6.48%6.13%3.13%0.00%0.00%

Drawdowns

TBUX vs. BINC - Drawdown Comparison

The maximum TBUX drawdown since its inception was -1.79%, smaller than the maximum BINC drawdown of -2.37%. Use the drawdown chart below to compare losses from any high point for TBUX and BINC. For additional features, visit the drawdowns tool.


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Volatility

TBUX vs. BINC - Volatility Comparison

The current volatility for T. Rowe Price Ultra Short-Term Bond ETF (TBUX) is 0.36%, while BlackRock Flexible Income ETF (BINC) has a volatility of 0.90%. This indicates that TBUX experiences smaller price fluctuations and is considered to be less risky than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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