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.
Performance
TRBUX vs. VTIP - Performance Comparison
Returns By Period
In the year-to-date period, TRBUX achieves a 5.38% return, which is significantly higher than VTIP's 4.55% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: TRBUX at 2.40% and VTIP at 2.40%.
TRBUX
5.38%
0.23%
3.05%
6.67%
2.85%
2.40%
VTIP
4.55%
-0.02%
3.12%
6.57%
3.52%
2.40%
Key characteristics
| TRBUX | VTIP | |
|---|---|---|
| Sharpe Ratio | 3.78 | 3.07 |
| Sortino Ratio | 9.87 | 5.45 |
| Omega Ratio | 3.98 | 1.71 |
| Calmar Ratio | 33.47 | 4.84 |
| Martin Ratio | 65.99 | 23.62 |
| Ulcer Index | 0.10% | 0.28% |
| Daily Std Dev | 1.76% | 2.13% |
| Max Drawdown | -4.15% | -6.27% |
| Current Drawdown | -0.20% | -0.47% |
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. VTIP - Expense Ratio Comparison
TRBUX has a 0.31% expense ratio, which is higher than VTIP's 0.04% expense ratio.
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.
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 5.03%, more than VTIP's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.38% | 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
T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) has a higher volatility of 0.62% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.45%. This indicates that TRBUX's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.