PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TRBUX vs. PRCOX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TRBUX vs. PRCOX - 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 T. Rowe Price U.S. Equity Research Fund (PRCOX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.05%
11.82%
TRBUX
PRCOX

Returns By Period

In the year-to-date period, TRBUX achieves a 5.38% return, which is significantly lower than PRCOX's 26.62% return. Over the past 10 years, TRBUX has underperformed PRCOX with an annualized return of 2.40%, while PRCOX has yielded a comparatively higher 10.36% annualized return.


TRBUX

YTD

5.38%

1M

0.23%

6M

3.05%

1Y

6.67%

5Y (annualized)

2.85%

10Y (annualized)

2.40%

PRCOX

YTD

26.62%

1M

1.20%

6M

11.82%

1Y

33.39%

5Y (annualized)

15.44%

10Y (annualized)

10.36%

Key characteristics


TRBUXPRCOX
Sharpe Ratio3.892.65
Sortino Ratio10.183.53
Omega Ratio4.071.49
Calmar Ratio34.543.74
Martin Ratio68.6317.02
Ulcer Index0.10%1.95%
Daily Std Dev1.77%12.54%
Max Drawdown-4.15%-58.69%
Current Drawdown-0.20%-1.39%

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. PRCOX - Expense Ratio Comparison

TRBUX has a 0.31% expense ratio, which is lower than PRCOX's 0.42% expense ratio.


PRCOX
T. Rowe Price U.S. Equity Research Fund
Expense ratio chart for PRCOX: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%
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 PRCOX is -0.00. 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. 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.


Sharpe ratio
The chart of Sharpe ratio for TRBUX, currently valued at 3.89, compared to the broader market-1.000.001.002.003.004.005.003.892.65
The chart of Sortino ratio for TRBUX, currently valued at 10.18, compared to the broader market0.005.0010.0010.183.53
The chart of Omega ratio for TRBUX, currently valued at 4.07, compared to the broader market1.002.003.004.004.071.49
The chart of Calmar ratio for TRBUX, currently valued at 34.54, compared to the broader market0.005.0010.0015.0020.0025.0034.543.74
The chart of Martin ratio for TRBUX, currently valued at 68.63, compared to the broader market0.0020.0040.0060.0080.00100.0068.6317.02
TRBUX
PRCOX

The current TRBUX Sharpe Ratio is 3.89, which is higher than the PRCOX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of TRBUX and PRCOX, 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
2.65
TRBUX
PRCOX

Dividends

TRBUX vs. PRCOX - Dividend Comparison

TRBUX's dividend yield for the trailing twelve months is around 5.03%, more than PRCOX's 0.92% 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%
PRCOX
T. Rowe Price U.S. Equity Research Fund
0.92%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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.20%
-1.39%
TRBUX
PRCOX

Volatility

TRBUX vs. PRCOX - Volatility Comparison

The current volatility for T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) is 0.62%, while T. Rowe Price U.S. Equity Research Fund (PRCOX) has a volatility of 4.16%. 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
0.62%
4.16%
TRBUX
PRCOX