TVAL vs. TRBUX
Compare and contrast key facts about T. Rowe Price Value ETF (TVAL) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX).
TVAL is an actively managed fund by T. Rowe Price. It was launched on Jun 14, 2023. TRBUX is managed by T. Rowe Price. It was launched on Dec 3, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TVAL or TRBUX.
Key characteristics
| TVAL | TRBUX | |
|---|---|---|
| YTD Return | 20.28% | 5.59% |
| 1Y Return | 29.51% | 7.09% |
| Sharpe Ratio | 3.11 | 4.09 |
| Sortino Ratio | 4.37 | 11.58 |
| Omega Ratio | 1.57 | 4.86 |
| Calmar Ratio | 5.58 | 35.60 |
| Martin Ratio | 21.10 | 73.01 |
| Ulcer Index | 1.51% | 0.10% |
| Daily Std Dev | 10.23% | 1.73% |
| Max Drawdown | -9.81% | -4.15% |
| Current Drawdown | -0.85% | 0.00% |
Correlation
The correlation between TVAL and TRBUX is 0.07, 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.
Performance
TVAL vs. TRBUX - Performance Comparison
In the year-to-date period, TVAL achieves a 20.28% return, which is significantly higher than TRBUX's 5.59% return. 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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TVAL vs. TRBUX - Expense Ratio Comparison
TVAL has a 0.33% expense ratio, which is higher than TRBUX's 0.31% expense ratio.
Risk-Adjusted Performance
TVAL vs. TRBUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Value ETF (TVAL) 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.
Dividends
TVAL vs. TRBUX - Dividend Comparison
TVAL's dividend yield for the trailing twelve months is around 0.53%, less than TRBUX's 5.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TVAL T. Rowe Price Value ETF | 0.53% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TRBUX T. Rowe Price Ultra Short-Term Bond Fund | 5.02% | 4.02% | 1.97% | 1.11% | 1.83% | 2.72% | 2.58% | 1.88% | 1.20% | 0.80% | 0.42% | 0.06% |
Drawdowns
TVAL vs. TRBUX - Drawdown Comparison
The maximum TVAL drawdown since its inception was -9.81%, which is greater than TRBUX's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for TVAL and TRBUX. For additional features, visit the drawdowns tool.
Volatility
TVAL vs. TRBUX - Volatility Comparison
T. Rowe Price Value ETF (TVAL) has a higher volatility of 3.54% compared to T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) at 0.50%. This indicates that TVAL'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.