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VTAPX vs. TRBUX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTAPX and TRBUX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.0

Performance

VTAPX vs. TRBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) and T. Rowe Price Ultra Short-Term Bond Fund (TRBUX). The values are adjusted to include any dividend payments, if applicable.

24.00%25.00%26.00%27.00%28.00%29.00%30.00%NovemberDecember2025FebruaryMarchApril
28.92%
29.34%
VTAPX
TRBUX

Key characteristics

Sharpe Ratio

VTAPX:

4.03

TRBUX:

3.41

Sortino Ratio

VTAPX:

6.50

TRBUX:

8.94

Omega Ratio

VTAPX:

1.93

TRBUX:

3.98

Calmar Ratio

VTAPX:

8.10

TRBUX:

13.71

Martin Ratio

VTAPX:

25.63

TRBUX:

50.68

Ulcer Index

VTAPX:

0.29%

TRBUX:

0.11%

Daily Std Dev

VTAPX:

1.85%

TRBUX:

1.59%

Max Drawdown

VTAPX:

-5.33%

TRBUX:

-4.15%

Current Drawdown

VTAPX:

-0.08%

TRBUX:

-0.20%

Returns By Period

In the year-to-date period, VTAPX achieves a 3.41% return, which is significantly higher than TRBUX's 0.60% return. Over the past 10 years, VTAPX has outperformed TRBUX with an annualized return of 2.75%, while TRBUX has yielded a comparatively lower 2.54% annualized return.


VTAPX

YTD

3.41%

1M

0.91%

6M

3.68%

1Y

7.39%

5Y*

3.95%

10Y*

2.75%

TRBUX

YTD

0.60%

1M

-0.20%

6M

1.88%

1Y

5.41%

5Y*

3.29%

10Y*

2.54%

*Annualized

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VTAPX vs. TRBUX - Expense Ratio Comparison

VTAPX has a 0.06% expense ratio, which is lower than TRBUX's 0.31% expense ratio.


Expense ratio chart for TRBUX: current value is 0.31%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TRBUX: 0.31%
Expense ratio chart for VTAPX: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VTAPX: 0.06%

Risk-Adjusted Performance

VTAPX vs. TRBUX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VTAPX
The Risk-Adjusted Performance Rank of VTAPX is 9898
Overall Rank
The Sharpe Ratio Rank of VTAPX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of VTAPX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of VTAPX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of VTAPX is 9999
Calmar Ratio Rank
The Martin Ratio Rank of VTAPX is 9898
Martin Ratio Rank

TRBUX
The Risk-Adjusted Performance Rank of TRBUX is 9999
Overall Rank
The Sharpe Ratio Rank of TRBUX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of TRBUX is 9999
Sortino Ratio Rank
The Omega Ratio Rank of TRBUX is 9999
Omega Ratio Rank
The Calmar Ratio Rank of TRBUX is 9999
Calmar Ratio Rank
The Martin Ratio Rank of TRBUX is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VTAPX vs. TRBUX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) 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.


The chart of Sharpe ratio for VTAPX, currently valued at 4.03, compared to the broader market-1.000.001.002.003.00
VTAPX: 4.03
TRBUX: 3.41
The chart of Sortino ratio for VTAPX, currently valued at 6.50, compared to the broader market-2.000.002.004.006.008.00
VTAPX: 6.50
TRBUX: 8.94
The chart of Omega ratio for VTAPX, currently valued at 1.93, compared to the broader market0.501.001.502.002.503.00
VTAPX: 1.93
TRBUX: 3.98
The chart of Calmar ratio for VTAPX, currently valued at 8.10, compared to the broader market0.002.004.006.008.0010.00
VTAPX: 8.10
TRBUX: 13.71
The chart of Martin ratio for VTAPX, currently valued at 25.63, compared to the broader market0.0010.0020.0030.0040.0050.00
VTAPX: 25.63
TRBUX: 50.68

The current VTAPX Sharpe Ratio is 4.03, which is comparable to the TRBUX Sharpe Ratio of 3.41. The chart below compares the historical Sharpe Ratios of VTAPX and TRBUX, 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 Ratio2.503.003.504.00NovemberDecember2025FebruaryMarchApril
4.03
3.41
VTAPX
TRBUX

Dividends

VTAPX vs. TRBUX - Dividend Comparison

VTAPX's dividend yield for the trailing twelve months is around 2.73%, less than TRBUX's 4.66% yield.


TTM20242023202220212020201920182017201620152014
VTAPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares
2.73%2.68%2.84%6.82%4.68%1.19%1.94%2.45%1.52%0.76%0.00%0.82%
TRBUX
T. Rowe Price Ultra Short-Term Bond Fund
4.66%5.06%4.02%1.97%1.11%1.83%2.72%2.58%1.88%1.20%0.80%0.42%

Drawdowns

VTAPX vs. TRBUX - Drawdown Comparison

The maximum VTAPX drawdown since its inception was -5.33%, which is greater than TRBUX's maximum drawdown of -4.15%. Use the drawdown chart below to compare losses from any high point for VTAPX and TRBUX. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%NovemberDecember2025FebruaryMarchApril
-0.08%
-0.20%
VTAPX
TRBUX

Volatility

VTAPX vs. TRBUX - Volatility Comparison

Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) has a higher volatility of 0.95% compared to T. Rowe Price Ultra Short-Term Bond Fund (TRBUX) at 0.35%. This indicates that VTAPX'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.


0.00%0.20%0.40%0.60%0.80%1.00%NovemberDecember2025FebruaryMarchApril
0.95%
0.35%
VTAPX
TRBUX