TRBUX vs. PRCOX
Compare and contrast key facts about T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) and T. Rowe Price U.S. Equity Research Fund (PRCOX).
TRBUX is managed by T. Rowe Price. It was launched on Dec 3, 2012. PRCOX is managed by T. Rowe Price. It was launched on Nov 30, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRBUX or PRCOX.
Key characteristics
| TRBUX | PRCOX | |
|---|---|---|
| YTD Return | 5.59% | 28.21% |
| 1Y Return | 7.09% | 41.23% |
| 3Y Return (Ann) | 3.55% | 10.00% |
| 5Y Return (Ann) | 2.93% | 15.87% |
| 10Y Return (Ann) | 2.42% | 10.63% |
| Sharpe Ratio | 4.14 | 3.17 |
| Sortino Ratio | 12.27 | 4.19 |
| Omega Ratio | 5.34 | 1.59 |
| Calmar Ratio | 35.60 | 4.52 |
| Martin Ratio | 73.62 | 20.72 |
| Ulcer Index | 0.10% | 1.94% |
| Daily Std Dev | 1.71% | 12.67% |
| Max Drawdown | -4.15% | -58.69% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TRBUX and PRCOX 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.
Performance
TRBUX vs. PRCOX - Performance Comparison
In the year-to-date period, TRBUX achieves a 5.59% return, which is significantly lower than PRCOX's 28.21% return. Over the past 10 years, TRBUX has underperformed PRCOX with an annualized return of 2.42%, while PRCOX has yielded a comparatively higher 10.63% annualized return. 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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TRBUX vs. PRCOX - Expense Ratio Comparison
TRBUX has a 0.31% expense ratio, which is lower than PRCOX's 0.42% expense ratio.
Risk-Adjusted Performance
TRBUX vs. PRCOX - 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 T. Rowe Price U.S. Equity Research Fund (PRCOX). 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. PRCOX - Dividend Comparison
TRBUX's dividend yield for the trailing twelve months is around 5.02%, more than PRCOX's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRBUX T. Rowe Price Ultra Short-Term Bond Fund | 5.02% | 4.02% | 1.97% | 1.11% | 1.83% | 2.72% | 2.58% | 1.88% | 1.20% | 0.80% | 0.42% | 0.06% |
PRCOX T. Rowe Price U.S. Equity Research Fund | 0.91% | 1.17% | 0.88% | 0.69% | 0.87% | 0.55% | 1.23% | 1.07% | 1.24% | 1.64% | 1.12% | 0.92% |
Drawdowns
TRBUX vs. PRCOX - Drawdown Comparison
The maximum TRBUX drawdown since its inception was -4.15%, smaller than the maximum PRCOX drawdown of -58.69%. Use the drawdown chart below to compare losses from any high point for TRBUX and PRCOX. For additional features, visit the drawdowns tool.
Volatility
TRBUX vs. PRCOX - Volatility Comparison
The current volatility for T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) is 0.41%, while T. Rowe Price U.S. Equity Research Fund (PRCOX) has a volatility of 3.96%. This indicates that TRBUX experiences smaller price fluctuations and is considered to be less risky than PRCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.