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

Performance

TRBUX vs. VONG - 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 Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
3.05%
15.08%
TRBUX
VONG

Returns By Period

In the year-to-date period, TRBUX achieves a 5.38% return, which is significantly lower than VONG's 30.48% return. Over the past 10 years, TRBUX has underperformed VONG with an annualized return of 2.40%, while VONG has yielded a comparatively higher 16.39% annualized return.


TRBUX

YTD

5.38%

1M

0.23%

6M

3.05%

1Y

6.67%

5Y (annualized)

2.85%

10Y (annualized)

2.40%

VONG

YTD

30.48%

1M

2.37%

6M

15.08%

1Y

36.13%

5Y (annualized)

19.50%

10Y (annualized)

16.39%

Key characteristics


TRBUXVONG
Sharpe Ratio3.782.19
Sortino Ratio9.872.85
Omega Ratio3.981.40
Calmar Ratio33.472.79
Martin Ratio65.9910.99
Ulcer Index0.10%3.33%
Daily Std Dev1.76%16.70%
Max Drawdown-4.15%-32.72%
Current Drawdown-0.20%-1.28%

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TRBUX vs. VONG - Expense Ratio Comparison

TRBUX has a 0.31% expense ratio, which is higher than VONG's 0.08% expense ratio.


TRBUX
T. Rowe Price Ultra Short-Term Bond Fund
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%
Expense ratio chart for VONG: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.0

The correlation between TRBUX and VONG is 0.00, 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.

Risk-Adjusted Performance

TRBUX vs. VONG - 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 Russell 1000 Growth ETF (VONG). 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 3.78, compared to the broader market-1.000.001.002.003.004.005.003.782.19
The chart of Sortino ratio for TRBUX, currently valued at 9.87, compared to the broader market0.005.0010.009.872.85
The chart of Omega ratio for TRBUX, currently valued at 3.98, compared to the broader market1.002.003.004.003.981.40
The chart of Calmar ratio for TRBUX, currently valued at 33.47, compared to the broader market0.005.0010.0015.0020.0033.472.79
The chart of Martin ratio for TRBUX, currently valued at 65.99, compared to the broader market0.0020.0040.0060.0080.00100.0065.9910.99
TRBUX
VONG

The current TRBUX Sharpe Ratio is 3.78, which is higher than the VONG Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of TRBUX and VONG, 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
3.78
2.19
TRBUX
VONG

Dividends

TRBUX vs. VONG - Dividend Comparison

TRBUX's dividend yield for the trailing twelve months is around 5.03%, more than VONG's 0.59% 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%
VONG
Vanguard Russell 1000 Growth ETF
0.59%0.71%0.98%0.58%0.77%1.03%1.18%1.19%1.48%1.47%1.43%1.28%

Drawdowns

TRBUX vs. VONG - Drawdown Comparison

The maximum TRBUX drawdown since its inception was -4.15%, smaller than the maximum VONG drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for TRBUX and VONG. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.20%
-1.28%
TRBUX
VONG

Volatility

TRBUX vs. VONG - Volatility Comparison

The current volatility for T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) is 0.62%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 5.42%. This indicates that TRBUX experiences smaller price fluctuations and is considered to be less risky than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
0.62%
5.42%
TRBUX
VONG