TRBFX vs. PRWAX
Compare and contrast key facts about T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
TRBFX is managed by T. Rowe Price. It was launched on Sep 28, 2006. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Performance
TRBFX vs. PRWAX - Performance Comparison
Loading graphics...
TRBFX vs. PRWAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRBFX T. Rowe Price Limited Duration Inflation Focused Bond Fund | 0.71% | 10.17% | 4.60% | 3.01% | -5.19% | 5.77% | 5.65% | 6.53% | 0.28% | 0.80% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | -12.37% | 26.78% | 25.24% | 29.02% | -21.37% | 20.63% | 44.73% | 35.08% | 1.26% | 34.51% |
Returns By Period
In the year-to-date period, TRBFX achieves a 0.71% return, which is significantly higher than PRWAX's -12.37% return. Over the past 10 years, TRBFX has underperformed PRWAX with an annualized return of 3.22%, while PRWAX has yielded a comparatively higher 16.95% annualized return.
TRBFX
- 1D
- 0.21%
- 1M
- -0.42%
- YTD
- 0.71%
- 6M
- 4.30%
- 1Y
- 7.34%
- 3Y*
- 5.46%
- 5Y*
- 3.38%
- 10Y*
- 3.22%
PRWAX
- 1D
- -0.24%
- 1M
- -9.15%
- YTD
- -12.37%
- 6M
- -3.78%
- 1Y
- 16.34%
- 3Y*
- 18.79%
- 5Y*
- 10.36%
- 10Y*
- 16.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRBFX vs. PRWAX - Expense Ratio Comparison
TRBFX has a 0.41% expense ratio, which is lower than PRWAX's 0.76% expense ratio.
Return for Risk
TRBFX vs. PRWAX — Risk / Return Rank
TRBFX
PRWAX
TRBFX vs. PRWAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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.
| TRBFX | PRWAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.87 | 0.87 | +1.00 |
Sortino ratioReturn per unit of downside risk | 4.22 | 1.42 | +2.80 |
Omega ratioGain probability vs. loss probability | 1.67 | 1.20 | +0.47 |
Calmar ratioReturn relative to maximum drawdown | 7.09 | 1.02 | +6.06 |
Martin ratioReturn relative to average drawdown | 22.76 | 3.79 | +18.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TRBFX | PRWAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 0.87 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.58 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.90 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.59 | +0.22 |
Correlation
The correlation between TRBFX and PRWAX is 0.06, 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.
Dividends
TRBFX vs. PRWAX - Dividend Comparison
TRBFX's dividend yield for the trailing twelve months is around 8.46%, less than PRWAX's 19.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRBFX T. Rowe Price Limited Duration Inflation Focused Bond Fund | 8.46% | 8.56% | 4.48% | 3.64% | 6.11% | 4.99% | 1.38% | 3.27% | 2.34% | 1.61% | 1.10% | 0.00% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 19.01% | 16.66% | 9.22% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% |
Drawdowns
TRBFX vs. PRWAX - Drawdown Comparison
The maximum TRBFX drawdown since its inception was -7.33%, smaller than the maximum PRWAX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for TRBFX and PRWAX.
Loading graphics...
Drawdown Indicators
| TRBFX | PRWAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.33% | -55.06% | +47.73% |
Max Drawdown (1Y)Largest decline over 1 year | -1.24% | -14.05% | +12.81% |
Max Drawdown (5Y)Largest decline over 5 years | -7.33% | -29.38% | +22.05% |
Max Drawdown (10Y)Largest decline over 10 years | -7.33% | -30.50% | +23.17% |
Current DrawdownCurrent decline from peak | -0.63% | -14.05% | +13.42% |
Average DrawdownAverage peak-to-trough decline | -1.34% | -9.92% | +8.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.39% | 3.79% | -3.40% |
Volatility
TRBFX vs. PRWAX - Volatility Comparison
The current volatility for T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) is 0.86%, while T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a volatility of 4.90%. This indicates that TRBFX experiences smaller price fluctuations and is considered to be less risky than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRBFX | PRWAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.86% | 4.90% | -4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.52% | 12.45% | -8.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.26% | 19.42% | -15.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.97% | 17.88% | -12.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.89% | 18.82% | -14.93% |