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

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.


-0.50.00.51.00.8

Performance

TUHIX vs. PRHYX - 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 High Yield Fund (PRHYX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.54%
3.28%
TUHIX
PRHYX

Key characteristics

Sharpe Ratio

TUHIX:

2.48

PRHYX:

1.81

Sortino Ratio

TUHIX:

4.33

PRHYX:

2.82

Omega Ratio

TUHIX:

1.62

PRHYX:

1.41

Calmar Ratio

TUHIX:

2.06

PRHYX:

3.12

Martin Ratio

TUHIX:

17.12

PRHYX:

10.49

Ulcer Index

TUHIX:

0.46%

PRHYX:

0.61%

Daily Std Dev

TUHIX:

3.16%

PRHYX:

3.53%

Max Drawdown

TUHIX:

-22.46%

PRHYX:

-30.82%

Current Drawdown

TUHIX:

-0.94%

PRHYX:

-1.34%

Returns By Period

In the year-to-date period, TUHIX achieves a 7.13% return, which is significantly higher than PRHYX's 5.45% return.


TUHIX

YTD

7.13%

1M

-0.36%

6M

4.01%

1Y

7.84%

5Y*

3.25%

10Y*

N/A

PRHYX

YTD

5.45%

1M

-0.67%

6M

3.64%

1Y

6.39%

5Y*

3.40%

10Y*

4.55%

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. PRHYX - Expense Ratio Comparison

TUHIX has a 0.61% expense ratio, which is lower than PRHYX's 0.70% expense ratio.


PRHYX
T. Rowe Price High Yield Fund
Expense ratio chart for PRHYX: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
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%

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.


Sharpe ratio
The chart of Sharpe ratio for TUHIX, currently valued at 2.48, compared to the broader market-1.000.001.002.003.004.002.481.81
The chart of Sortino ratio for TUHIX, currently valued at 4.33, compared to the broader market-2.000.002.004.006.008.0010.004.332.82
The chart of Omega ratio for TUHIX, currently valued at 1.62, compared to the broader market0.501.001.502.002.503.003.501.621.41
The chart of Calmar ratio for TUHIX, currently valued at 2.06, compared to the broader market0.002.004.006.008.0010.0012.0014.002.063.12
The chart of Martin ratio for TUHIX, currently valued at 17.12, compared to the broader market0.0020.0040.0060.0017.1210.49
TUHIX
PRHYX

The current TUHIX Sharpe Ratio is 2.48, which is higher than the PRHYX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of TUHIX and PRHYX, 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 Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.48
1.81
TUHIX
PRHYX

Dividends

TUHIX vs. PRHYX - Dividend Comparison

TUHIX's dividend yield for the trailing twelve months is around 6.89%, more than PRHYX's 5.98% 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%
PRHYX
T. Rowe Price High Yield Fund
5.98%6.29%6.13%5.08%5.19%5.49%6.26%5.49%5.73%6.46%6.39%6.11%

Drawdowns

TUHIX vs. PRHYX - Drawdown Comparison

The maximum TUHIX drawdown since its inception was -22.46%, smaller than the maximum PRHYX drawdown of -30.82%. Use the drawdown chart below to compare losses from any high point for TUHIX and PRHYX. For additional features, visit the drawdowns tool.


-1.40%-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.94%
-1.34%
TUHIX
PRHYX

Volatility

TUHIX vs. PRHYX - Volatility Comparison

The current volatility for T. Rowe Price U.S. High Yield Fund (TUHIX) is 0.65%, while T. Rowe Price High Yield Fund (PRHYX) has a volatility of 0.72%. This indicates that TUHIX experiences smaller price fluctuations and is considered to be less risky than PRHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%JulyAugustSeptemberOctoberNovemberDecember
0.65%
0.72%
TUHIX
PRHYX
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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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