TRBUX vs. BND
Compare and contrast key facts about T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) and Vanguard Total Bond Market ETF (BND).
TRBUX is managed by T. Rowe Price. It was launched on Dec 3, 2012. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRBUX or BND.
Key characteristics
| TRBUX | BND | |
|---|---|---|
| YTD Return | 5.38% | 1.59% |
| 1Y Return | 6.88% | 7.87% |
| 3Y Return (Ann) | 3.49% | -2.37% |
| 5Y Return (Ann) | 2.85% | -0.27% |
| 10Y Return (Ann) | 2.40% | 1.41% |
| Sharpe Ratio | 3.99 | 1.34 |
| Sortino Ratio | 11.24 | 1.98 |
| Omega Ratio | 4.75 | 1.24 |
| Calmar Ratio | 34.54 | 0.50 |
| Martin Ratio | 70.84 | 4.75 |
| Ulcer Index | 0.10% | 1.65% |
| Daily Std Dev | 1.73% | 5.84% |
| Max Drawdown | -4.15% | -18.84% |
| Current Drawdown | -0.20% | -9.17% |
Correlation
The correlation between TRBUX and BND 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
TRBUX vs. BND - Performance Comparison
In the year-to-date period, TRBUX achieves a 5.38% return, which is significantly higher than BND's 1.59% return. Over the past 10 years, TRBUX has outperformed BND with an annualized return of 2.40%, while BND has yielded a comparatively lower 1.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRBUX vs. BND - Expense Ratio Comparison
TRBUX has a 0.31% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
TRBUX vs. BND - 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 Vanguard Total Bond Market ETF (BND). 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
TRBUX vs. BND - Dividend Comparison
TRBUX's dividend yield for the trailing twelve months is around 5.03%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
TRBUX vs. BND - Drawdown Comparison
The maximum TRBUX drawdown since its inception was -4.15%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TRBUX and BND. For additional features, visit the drawdowns tool.
Volatility
TRBUX vs. BND - Volatility Comparison
The current volatility for T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) is 0.46%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.77%. This indicates that TRBUX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.