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TRBUX vs. BIAFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TRBUX vs. BIAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) and Brown Advisory Flexible Equity Fund (BIAFX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.05%
11.51%
TRBUX
BIAFX

Returns By Period

In the year-to-date period, TRBUX achieves a 5.38% return, which is significantly lower than BIAFX's 24.74% return. Over the past 10 years, TRBUX has underperformed BIAFX with an annualized return of 2.40%, while BIAFX has yielded a comparatively higher 11.00% annualized return.


TRBUX

YTD

5.38%

1M

0.23%

6M

3.05%

1Y

6.67%

5Y (annualized)

2.85%

10Y (annualized)

2.40%

BIAFX

YTD

24.74%

1M

1.67%

6M

10.18%

1Y

29.03%

5Y (annualized)

11.91%

10Y (annualized)

11.00%

Key characteristics


TRBUXBIAFX
Sharpe Ratio3.892.31
Sortino Ratio10.183.17
Omega Ratio4.071.43
Calmar Ratio34.543.55
Martin Ratio68.6316.21
Ulcer Index0.10%1.78%
Daily Std Dev1.77%12.47%
Max Drawdown-4.15%-59.99%
Current Drawdown-0.20%-1.68%

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TRBUX vs. BIAFX - Expense Ratio Comparison

TRBUX has a 0.31% expense ratio, which is lower than BIAFX's 0.68% expense ratio.


BIAFX
Brown Advisory Flexible Equity Fund
Expense ratio chart for BIAFX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for TRBUX: current value at 0.31% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.31%

Correlation

-0.50.00.51.0-0.0

The correlation between TRBUX and BIAFX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

TRBUX vs. BIAFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) and Brown Advisory Flexible Equity Fund (BIAFX). 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.


Sharpe ratio
The chart of Sharpe ratio for TRBUX, currently valued at 3.89, compared to the broader market-1.000.001.002.003.004.005.003.892.31
The chart of Sortino ratio for TRBUX, currently valued at 10.18, compared to the broader market0.005.0010.0010.183.17
The chart of Omega ratio for TRBUX, currently valued at 4.07, compared to the broader market1.002.003.004.004.071.43
The chart of Calmar ratio for TRBUX, currently valued at 34.54, compared to the broader market0.005.0010.0015.0020.0025.0034.543.55
The chart of Martin ratio for TRBUX, currently valued at 68.63, compared to the broader market0.0020.0040.0060.0080.00100.0068.6316.21
TRBUX
BIAFX

The current TRBUX Sharpe Ratio is 3.89, which is higher than the BIAFX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of TRBUX and BIAFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
3.89
2.31
TRBUX
BIAFX

Dividends

TRBUX vs. BIAFX - Dividend Comparison

TRBUX's dividend yield for the trailing twelve months is around 5.03%, more than BIAFX's 0.18% yield.


TTM20232022202120202019201820172016201520142013
TRBUX
T. Rowe Price Ultra Short-Term Bond Fund
5.03%4.02%1.97%1.11%1.83%2.72%2.58%1.88%1.20%0.80%0.42%0.06%
BIAFX
Brown Advisory Flexible Equity Fund
0.18%0.22%0.22%0.09%0.25%0.45%0.27%0.42%0.44%0.58%0.45%0.28%

Drawdowns

TRBUX vs. BIAFX - Drawdown Comparison

The maximum TRBUX drawdown since its inception was -4.15%, smaller than the maximum BIAFX drawdown of -59.99%. Use the drawdown chart below to compare losses from any high point for TRBUX and BIAFX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.20%
-1.68%
TRBUX
BIAFX

Volatility

TRBUX vs. BIAFX - Volatility Comparison

The current volatility for T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) is 0.62%, while Brown Advisory Flexible Equity Fund (BIAFX) has a volatility of 4.28%. This indicates that TRBUX experiences smaller price fluctuations and is considered to be less risky than BIAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.62%
4.28%
TRBUX
BIAFX