TRLGX vs. TRBUX
TRLGX (T. Rowe Price Large-Cap Growth Fund) and TRBUX (T. Rowe Price Ultra Short-Term Bond Fund) are both mutual funds - TRLGX is a Large Cap Growth Equities fund actively managed by T. Rowe Price, while TRBUX is a Ultrashort Bond fund managed by T. Rowe Price. Over the past 10 years, TRLGX returned 18.48%/yr vs 3.29%/yr for TRBUX. At a correlation of -0.00, they often move in opposite directions. TRLGX charges 0.55%/yr vs 0.31%/yr for TRBUX.
Performance
TRLGX vs. TRBUX - Performance Comparison
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Returns By Period
In the year-to-date period, TRLGX achieves a -0.26% return, which is significantly lower than TRBUX's 1.39% return. Over the past 10 years, TRLGX has outperformed TRBUX with an annualized return of 18.48%, while TRBUX has yielded a comparatively lower 3.29% annualized return.
TRLGX
- 1D
- -1.60%
- 1M
- -2.62%
- YTD
- -0.26%
- 6M
- -1.17%
- 1Y
- 14.05%
- 3Y*
- 22.59%
- 5Y*
- 10.25%
- 10Y*
- 18.48%
TRBUX
- 1D
- 0.00%
- 1M
- 0.36%
- YTD
- 1.39%
- 6M
- 2.18%
- 1Y
- 6.22%
- 3Y*
- 6.68%
- 5Y*
- 4.28%
- 10Y*
- 3.29%
TRLGX vs. TRBUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRLGX T. Rowe Price Large-Cap Growth Fund | -0.26% | 17.51% | 37.57% | 46.22% | -35.26% | 23.24% | 39.57% | 28.51% | 4.35% | 37.77% |
TRBUX T. Rowe Price Ultra Short-Term Bond Fund | 1.39% | 6.88% | 7.88% | 6.99% | -1.28% | 0.22% | 3.11% | 3.60% | 1.88% | 1.83% |
Correlation
The correlation between TRLGX and TRBUX is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2013 | -0.00 |
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Return for Risk
TRLGX vs. TRBUX — Risk / Return Rank
TRLGX
TRBUX
TRLGX vs. TRBUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Large-Cap Growth Fund (TRLGX) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRLGX | TRBUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.77 | ||
| Sortino ratioReturn per unit of downside risk | -7.69 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 3.56 | -2.40 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 16.38 | -15.54 |
| Martin ratioReturn relative to average drawdown | 2.57 | 61.02 | -58.44 |
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Drawdowns
TRLGX vs. TRBUX - Drawdown Comparison
The maximum TRLGX drawdown since its inception was -55.56%, which is greater than TRBUX's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for TRLGX and TRBUX.
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Drawdown Indicators
| TRLGX | TRBUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.56% | -4.15% | -51.41% |
Max Drawdown (1Y)Largest decline over 1 year | -18.18% | -0.39% | -17.79% |
Max Drawdown (3Y)Largest decline over 3 years | -21.17% | -0.78% | -20.39% |
Max Drawdown (5Y)Largest decline over 5 years | -40.44% | -2.68% | -37.76% |
Max Drawdown (10Y)Largest decline over 10 years | -40.44% | -4.15% | -36.29% |
Current DrawdownCurrent decline from peak | -5.97% | -0.20% | -5.77% |
Average DrawdownAverage peak-to-trough decline | -8.67% | -0.21% | -8.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.85% | 0.10% | +5.75% |
Volatility
TRLGX vs. TRBUX - Volatility Comparison
T. Rowe Price Large-Cap Growth Fund (TRLGX) has a higher volatility of 6.43% compared to T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) at 0.58%. This indicates that TRLGX's price experiences larger fluctuations and is considered to be riskier than TRBUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRLGX | TRBUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 0.58% | +5.85% |
Volatility (6M)Calculated over the trailing 6-month period | 13.44% | 1.19% | +12.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.52% | 1.75% | +14.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.48% | 1.69% | +20.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.83% | 1.51% | +20.32% |
TRLGX vs. TRBUX - Expense Ratio Comparison
TRLGX has a 0.55% expense ratio, which is higher than TRBUX's 0.31% expense ratio.
Dividends
TRLGX vs. TRBUX - Dividend Comparison
TRLGX's dividend yield for the trailing twelve months is around 13.73%, more than TRBUX's 6.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRBUX T. Rowe Price Ultra Short-Term Bond Fund | 6.04% | 6.23% | 6.36% | 4.48% | 1.53% | 1.21% | 1.86% | 2.73% | 2.47% | 1.62% | 1.18% | 0.81% |
TRLGX T. Rowe Price Large-Cap Growth Fund | 13.73% | 13.69% | 9.80% | 2.04% | 3.88% | 2.56% | 0.42% | 4.09% | 7.93% | 9.27% | 1.64% | 4.71% |
Frequently Asked Questions
TRLGX and TRBUX have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRLGX has higher volatility (6.43%) compared to TRBUX (0.58%). In terms of maximum drawdown, TRLGX dropped -55.56% vs TRBUX's -4.15%.
TRBUX currently has the higher Sharpe Ratio (3.69 vs 0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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