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

Correlation

The correlation between TRBUX and VTAPX is 0.20, 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.


-0.50.00.51.00.2

Performance

TRBUX vs. VTAPX - 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 Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). The values are adjusted to include any dividend payments, if applicable.

22.00%23.00%24.00%25.00%26.00%27.00%JulyAugustSeptemberOctoberNovemberDecember
27.49%
23.02%
TRBUX
VTAPX

Key characteristics

Sharpe Ratio

TRBUX:

3.52

VTAPX:

1.61

Sortino Ratio

TRBUX:

8.96

VTAPX:

2.08

Omega Ratio

TRBUX:

3.70

VTAPX:

1.35

Calmar Ratio

TRBUX:

30.30

VTAPX:

2.05

Martin Ratio

TRBUX:

58.85

VTAPX:

11.05

Ulcer Index

TRBUX:

0.10%

VTAPX:

0.31%

Daily Std Dev

TRBUX:

1.72%

VTAPX:

2.11%

Max Drawdown

TRBUX:

-4.15%

VTAPX:

-5.33%

Current Drawdown

TRBUX:

0.00%

VTAPX:

-1.65%

Returns By Period

In the year-to-date period, TRBUX achieves a 5.59% return, which is significantly higher than VTAPX's 3.35% return. Both investments have delivered pretty close results over the past 10 years, with TRBUX having a 2.44% annualized return and VTAPX not far behind at 2.40%.


TRBUX

YTD

5.59%

1M

0.20%

6M

2.77%

1Y

6.04%

5Y*

2.89%

10Y*

2.44%

VTAPX

YTD

3.35%

1M

-1.18%

6M

1.17%

1Y

3.35%

5Y*

3.07%

10Y*

2.40%

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. VTAPX - Expense Ratio Comparison

TRBUX has a 0.31% expense ratio, which is higher than VTAPX's 0.06% 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 VTAPX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

TRBUX vs. VTAPX - 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 Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). 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 3.52, compared to the broader market-1.000.001.002.003.004.003.521.61
The chart of Sortino ratio for TRBUX, currently valued at 8.96, compared to the broader market-2.000.002.004.006.008.0010.008.962.08
The chart of Omega ratio for TRBUX, currently valued at 3.70, compared to the broader market0.501.001.502.002.503.003.503.701.35
The chart of Calmar ratio for TRBUX, currently valued at 30.30, compared to the broader market0.002.004.006.008.0010.0012.0014.0030.302.05
The chart of Martin ratio for TRBUX, currently valued at 58.85, compared to the broader market0.0020.0040.0060.0058.8511.05
TRBUX
VTAPX

The current TRBUX Sharpe Ratio is 3.52, which is higher than the VTAPX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of TRBUX and VTAPX, 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 Ratio2.002.503.003.504.004.50JulyAugustSeptemberOctoberNovemberDecember
3.52
1.61
TRBUX
VTAPX

Dividends

TRBUX vs. VTAPX - Dividend Comparison

TRBUX's dividend yield for the trailing twelve months is around 4.64%, more than VTAPX's 1.59% yield.


TTM20232022202120202019201820172016201520142013
TRBUX
T. Rowe Price Ultra Short-Term Bond Fund
4.64%4.02%1.97%1.11%1.83%2.72%2.58%1.88%1.20%0.80%0.42%0.06%
VTAPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares
1.59%2.84%6.82%4.68%1.19%1.94%2.45%1.52%0.76%0.00%0.82%0.06%

Drawdowns

TRBUX vs. VTAPX - Drawdown Comparison

The maximum TRBUX drawdown since its inception was -4.15%, smaller than the maximum VTAPX drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for TRBUX and VTAPX. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-1.65%
TRBUX
VTAPX

Volatility

TRBUX vs. VTAPX - Volatility Comparison

The current volatility for T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) is 0.20%, while Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) has a volatility of 1.18%. This indicates that TRBUX experiences smaller price fluctuations and is considered to be less risky than VTAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%JulyAugustSeptemberOctoberNovemberDecember
0.20%
1.18%
TRBUX
VTAPX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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