TRBFX vs. TRBUX
Compare and contrast key facts about T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX).
TRBFX is managed by T. Rowe Price. It was launched on Sep 28, 2006. TRBUX is managed by T. Rowe Price. It was launched on Dec 3, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRBFX or TRBUX.
Key characteristics
| TRBFX | TRBUX | |
|---|---|---|
| YTD Return | 4.76% | 4.73% |
| 1Y Return | 7.40% | 7.23% |
| 3Y Return (Ann) | 1.14% | 3.51% |
| 5Y Return (Ann) | 3.13% | 3.02% |
| Sharpe Ratio | 1.19 | 4.34 |
| Daily Std Dev | 6.01% | 1.66% |
| Max Drawdown | -7.33% | -4.15% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TRBFX and TRBUX is 0.22, 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
TRBFX vs. TRBUX - Performance Comparison
The year-to-date returns for both stocks are quite close, with TRBFX having a 4.76% return and TRBUX slightly lower at 4.73%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TRBFX vs. TRBUX - Expense Ratio Comparison
TRBFX has a 0.41% expense ratio, which is higher than TRBUX's 0.31% expense ratio.
Risk-Adjusted Performance
TRBFX vs. TRBUX - Risk-Adjusted Performance 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 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.
Dividends
TRBFX vs. TRBUX - Dividend Comparison
TRBFX's dividend yield for the trailing twelve months is around 4.27%, less than TRBUX's 4.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRBFX T. Rowe Price Limited Duration Inflation Focused Bond Fund | 4.27% | 3.79% | 6.11% | 4.99% | 1.70% | 2.73% | 2.33% | 1.61% | 1.10% | 0.00% | 0.00% | 0.00% |
TRBUX T. Rowe Price Ultra Short-Term Bond Fund | 4.93% | 4.02% | 2.28% | 1.53% | 1.95% | 2.72% | 2.62% | 1.88% | 1.20% | 0.80% | 0.48% | 0.06% |
Drawdowns
TRBFX vs. TRBUX - Drawdown Comparison
The maximum TRBFX drawdown since its inception was -7.33%, which is greater than TRBUX's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for TRBFX and TRBUX. For additional features, visit the drawdowns tool.
Volatility
TRBFX vs. TRBUX - Volatility Comparison
T. Rowe Price Limited Duration Inflation Focused Bond Fund (TRBFX) has a higher volatility of 0.64% compared to T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) at 0.38%. This indicates that TRBFX'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.