TRBUX vs. VTIP
Compare and contrast key facts about T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
TRBUX is managed by T. Rowe Price. It was launched on Dec 3, 2012. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRBUX or VTIP.
Correlation
The correlation between TRBUX and VTIP is 0.19, 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. VTIP - Performance Comparison
Key characteristics
TRBUX:
3.52
VTIP:
2.50
TRBUX:
8.96
VTIP:
3.80
TRBUX:
3.70
VTIP:
1.50
TRBUX:
30.30
VTIP:
6.00
TRBUX:
58.85
VTIP:
15.81
TRBUX:
0.10%
VTIP:
0.29%
TRBUX:
1.71%
VTIP:
1.81%
TRBUX:
-4.15%
VTIP:
-6.27%
TRBUX:
0.00%
VTIP:
-0.51%
Returns By Period
In the year-to-date period, TRBUX achieves a 5.59% return, which is significantly higher than VTIP's 4.50% return. Over the past 10 years, TRBUX has underperformed VTIP with an annualized return of 2.44%, while VTIP has yielded a comparatively higher 2.57% annualized return.
TRBUX
5.59%
0.20%
2.77%
6.04%
2.89%
2.44%
VTIP
4.50%
-0.04%
2.35%
4.61%
3.43%
2.57%
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TRBUX vs. VTIP - Expense Ratio Comparison
TRBUX has a 0.31% expense ratio, which is higher than VTIP's 0.04% expense ratio.
Risk-Adjusted Performance
TRBUX vs. VTIP - 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 ETF (VTIP). 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. VTIP - Dividend Comparison
TRBUX's dividend yield for the trailing twelve months is around 4.64%, more than VTIP's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 1.60% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
TRBUX vs. VTIP - Drawdown Comparison
The maximum TRBUX drawdown since its inception was -4.15%, smaller than the maximum VTIP drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for TRBUX and VTIP. For additional features, visit the drawdowns tool.
Volatility
TRBUX vs. VTIP - 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 ETF (VTIP) has a volatility of 0.39%. This indicates that TRBUX experiences smaller price fluctuations and is considered to be less risky than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.