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TUHIX vs. PBDIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TUHIX and PBDIX is 0.21, 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

TUHIX vs. PBDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price U.S. High Yield Fund (TUHIX) and T. Rowe Price QM U.S. Bond Index Fund (PBDIX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.13%
1.44%
TUHIX
PBDIX

Key characteristics

Sharpe Ratio

TUHIX:

2.48

PBDIX:

0.27

Sortino Ratio

TUHIX:

4.33

PBDIX:

0.42

Omega Ratio

TUHIX:

1.62

PBDIX:

1.05

Calmar Ratio

TUHIX:

2.06

PBDIX:

0.11

Martin Ratio

TUHIX:

17.12

PBDIX:

0.78

Ulcer Index

TUHIX:

0.46%

PBDIX:

1.99%

Daily Std Dev

TUHIX:

3.16%

PBDIX:

5.64%

Max Drawdown

TUHIX:

-22.46%

PBDIX:

-19.26%

Current Drawdown

TUHIX:

-0.94%

PBDIX:

-10.08%

Returns By Period

In the year-to-date period, TUHIX achieves a 7.13% return, which is significantly higher than PBDIX's 1.01% return.


TUHIX

YTD

7.13%

1M

-0.36%

6M

4.01%

1Y

7.84%

5Y*

3.25%

10Y*

N/A

PBDIX

YTD

1.01%

1M

-0.59%

6M

0.91%

1Y

1.54%

5Y*

-0.10%

10Y*

1.48%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TUHIX vs. PBDIX - Expense Ratio Comparison

TUHIX has a 0.61% expense ratio, which is higher than PBDIX's 0.23% expense ratio.


TUHIX
T. Rowe Price U.S. High Yield Fund
Expense ratio chart for TUHIX: current value at 0.61% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.61%
Expense ratio chart for PBDIX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Risk-Adjusted Performance

TUHIX vs. PBDIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. High Yield Fund (TUHIX) and T. Rowe Price QM U.S. Bond Index Fund (PBDIX). 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 TUHIX, currently valued at 2.48, compared to the broader market-1.000.001.002.003.004.002.480.27
The chart of Sortino ratio for TUHIX, currently valued at 4.33, compared to the broader market-2.000.002.004.006.008.0010.004.330.42
The chart of Omega ratio for TUHIX, currently valued at 1.62, compared to the broader market0.501.001.502.002.503.003.501.621.05
The chart of Calmar ratio for TUHIX, currently valued at 2.06, compared to the broader market0.002.004.006.008.0010.0012.0014.002.060.11
The chart of Martin ratio for TUHIX, currently valued at 17.12, compared to the broader market0.0020.0040.0060.0017.120.78
TUHIX
PBDIX

The current TUHIX Sharpe Ratio is 2.48, which is higher than the PBDIX Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of TUHIX and PBDIX, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.48
0.27
TUHIX
PBDIX

Dividends

TUHIX vs. PBDIX - Dividend Comparison

TUHIX's dividend yield for the trailing twelve months is around 6.89%, more than PBDIX's 4.09% yield.


TTM20232022202120202019201820172016201520142013
TUHIX
T. Rowe Price U.S. High Yield Fund
6.89%7.53%7.42%5.54%5.87%5.80%6.66%2.21%0.00%0.00%0.00%0.00%
PBDIX
T. Rowe Price QM U.S. Bond Index Fund
4.09%3.49%2.74%1.85%4.85%2.92%2.94%2.75%2.78%2.90%2.86%3.05%

Drawdowns

TUHIX vs. PBDIX - Drawdown Comparison

The maximum TUHIX drawdown since its inception was -22.46%, which is greater than PBDIX's maximum drawdown of -19.26%. Use the drawdown chart below to compare losses from any high point for TUHIX and PBDIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.94%
-10.08%
TUHIX
PBDIX

Volatility

TUHIX vs. PBDIX - Volatility Comparison

The current volatility for T. Rowe Price U.S. High Yield Fund (TUHIX) is 0.65%, while T. Rowe Price QM U.S. Bond Index Fund (PBDIX) has a volatility of 1.73%. This indicates that TUHIX experiences smaller price fluctuations and is considered to be less risky than PBDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
0.65%
1.73%
TUHIX
PBDIX
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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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