TUHIX vs. PRHYX
Compare and contrast key facts about T. Rowe Price U.S. High Yield Fund (TUHIX) and T. Rowe Price High Yield Fund (PRHYX).
TUHIX is managed by T. Rowe Price. It was launched on Apr 30, 2013. PRHYX is managed by T. Rowe Price. It was launched on Dec 31, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TUHIX or PRHYX.
Key characteristics
| TUHIX | PRHYX | |
|---|---|---|
| YTD Return | 6.48% | 6.28% |
| 1Y Return | 11.89% | 13.09% |
| 3Y Return (Ann) | 1.61% | 2.75% |
| 5Y Return (Ann) | 3.87% | 3.98% |
| Sharpe Ratio | 2.83 | 2.86 |
| Daily Std Dev | 4.20% | 4.58% |
| Max Drawdown | -22.46% | -30.81% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TUHIX and PRHYX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TUHIX vs. PRHYX - Performance Comparison
The year-to-date returns for both stocks are quite close, with TUHIX having a 6.48% return and PRHYX slightly lower at 6.28%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TUHIX vs. PRHYX - Expense Ratio Comparison
TUHIX has a 0.61% expense ratio, which is lower than PRHYX's 0.70% expense ratio.
Risk-Adjusted Performance
TUHIX vs. PRHYX - 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 High Yield Fund (PRHYX). 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
TUHIX vs. PRHYX - Dividend Comparison
TUHIX's dividend yield for the trailing twelve months is around 7.53%, more than PRHYX's 6.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TUHIX T. Rowe Price U.S. High Yield Fund | 7.53% | 7.53% | 7.42% | 6.35% | 5.87% | 5.80% | 6.66% | 3.10% | 0.00% | 0.00% | 0.00% | 0.00% |
PRHYX T. Rowe Price High Yield Fund | 6.40% | 6.29% | 6.23% | 5.08% | 5.19% | 5.49% | 6.26% | 5.49% | 6.03% | 6.46% | 7.71% | 6.25% |
Drawdowns
TUHIX vs. PRHYX - Drawdown Comparison
The maximum TUHIX drawdown since its inception was -22.46%, smaller than the maximum PRHYX drawdown of -30.81%. Use the drawdown chart below to compare losses from any high point for TUHIX and PRHYX. For additional features, visit the drawdowns tool.
Volatility
TUHIX vs. PRHYX - Volatility Comparison
T. Rowe Price U.S. High Yield Fund (TUHIX) has a higher volatility of 0.81% compared to T. Rowe Price High Yield Fund (PRHYX) at 0.77%. This indicates that TUHIX's price experiences larger fluctuations and is considered to be riskier than PRHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.