PRSGX vs. SWEGX
PRSGX (T. Rowe Price Spectrum Diversified Equity Fund) and SWEGX (Schwab MarketTrack All Equity Portfolio™) are both mutual funds - PRSGX is a Large Cap Blend Equities fund managed by T. Rowe Price, while SWEGX is a Diversified Portfolio fund managed by Charles Schwab. Over the past 10 years, PRSGX returned 11.82%/yr vs 12.61%/yr for SWEGX. With a 0.97 correlation, they move nearly in lockstep. PRSGX charges 0.73%/yr vs 0.39%/yr for SWEGX.
Performance
PRSGX vs. SWEGX - Performance Comparison
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Returns By Period
In the year-to-date period, PRSGX achieves a 8.00% return, which is significantly lower than SWEGX's 11.94% return. Over the past 10 years, PRSGX has underperformed SWEGX with an annualized return of 11.82%, while SWEGX has yielded a comparatively higher 12.61% annualized return.
PRSGX
- 1D
- -0.69%
- 1M
- 2.54%
- YTD
- 8.00%
- 6M
- 7.93%
- 1Y
- 20.50%
- 3Y*
- 17.24%
- 5Y*
- 8.62%
- 10Y*
- 11.82%
SWEGX
- 1D
- -0.74%
- 1M
- 2.95%
- YTD
- 11.94%
- 6M
- 12.40%
- 1Y
- 28.09%
- 3Y*
- 20.98%
- 5Y*
- 11.29%
- 10Y*
- 12.61%
PRSGX vs. SWEGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRSGX T. Rowe Price Spectrum Diversified Equity Fund | 8.00% | 14.59% | 17.16% | 20.89% | -18.86% | 20.65% | 18.34% | 27.08% | -8.66% | 24.22% |
SWEGX Schwab MarketTrack All Equity Portfolio™ | 11.94% | 20.82% | 13.86% | 25.13% | -16.24% | 22.68% | 11.13% | 25.55% | -9.53% | 19.84% |
Correlation
The correlation between PRSGX and SWEGX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1999 | 0.97 |
The correlation between PRSGX and SWEGX has been stable across timeframes, ranging from 0.91 to 0.97 - a consistent structural relationship.
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Return for Risk
PRSGX vs. SWEGX — Risk / Return Rank
PRSGX
SWEGX
PRSGX vs. SWEGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Diversified Equity Fund (PRSGX) and Schwab MarketTrack All Equity Portfolio™ (SWEGX). 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.
| PRSGX | SWEGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.43 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.40 | 3.18 | -0.77 |
| Martin ratioReturn relative to average drawdown | 10.68 | 13.80 | -3.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PRSGX | SWEGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.81 | 2.37 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.72 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.73 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.41 | +0.17 |
Drawdowns
PRSGX vs. SWEGX - Drawdown Comparison
The maximum PRSGX drawdown since its inception was -56.47%, roughly equal to the maximum SWEGX drawdown of -57.57%. Use the drawdown chart below to compare losses from any high point for PRSGX and SWEGX.
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Drawdown Indicators
| PRSGX | SWEGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.47% | -57.57% | +1.10% |
Max Drawdown (1Y)Largest decline over 1 year | -8.88% | -8.93% | +0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -17.48% | -16.19% | -1.29% |
Max Drawdown (5Y)Largest decline over 5 years | -26.86% | -24.87% | -1.99% |
Max Drawdown (10Y)Largest decline over 10 years | -34.52% | -36.08% | +1.56% |
Current DrawdownCurrent decline from peak | -0.69% | -0.74% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -7.45% | -10.36% | +2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 2.05% | -0.08% |
Volatility
PRSGX vs. SWEGX - Volatility Comparison
The current volatility for T. Rowe Price Spectrum Diversified Equity Fund (PRSGX) is 2.97%, while Schwab MarketTrack All Equity Portfolio™ (SWEGX) has a volatility of 3.38%. This indicates that PRSGX experiences smaller price fluctuations and is considered to be less risky than SWEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRSGX | SWEGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 3.38% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 9.26% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.80% | 11.98% | -0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.04% | 15.87% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.21% | 17.31% | -0.10% |
PRSGX vs. SWEGX - Expense Ratio Comparison
PRSGX has a 0.73% expense ratio, which is higher than SWEGX's 0.39% expense ratio.
Dividends
PRSGX vs. SWEGX - Dividend Comparison
PRSGX's dividend yield for the trailing twelve months is around 13.88%, more than SWEGX's 6.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRSGX T. Rowe Price Spectrum Diversified Equity Fund | 13.88% | 14.99% | 6.66% | 4.93% | 10.33% | 6.54% | 13.48% | 9.06% | 11.25% | 6.98% | 6.39% | 11.48% |
SWEGX Schwab MarketTrack All Equity Portfolio™ | 6.53% | 7.32% | 7.58% | 6.29% | 4.93% | 3.90% | 6.78% | 6.54% | 4.85% | 3.49% | 4.54% | 11.29% |
Frequently Asked Questions
With a correlation of 0.91, PRSGX and SWEGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SWEGX has higher volatility (3.38%) compared to PRSGX (2.97%). In terms of maximum drawdown, PRSGX dropped -56.47% vs SWEGX's -57.57%.
SWEGX currently has the higher Sharpe Ratio (2.37 vs 1.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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