Virtus Technology Fund (DRGTX)
The fund seeks to achieve its objective by normally investing at least 80% of its net assets in common stocks of U.S. companies and other U.S.-traded equity securities of technology companies. The fund's managers consider U.S.-traded equity securities to include ADRs, as well as securities that are traded in the U.S. that have been issued by companies established, domiciled or operating in foreign countries. It is non-diversified.
Fund Info
| ISIN | US92837Q8437 |
|---|---|
| CUSIP | 018919464 |
| Issuer | Allianz Global Investors |
| Inception Date | Dec 26, 1995 |
| Category | Technology Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
DRGTX has a high expense ratio of 1.16%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: DRGTX vs. PRGTX, DRGTX vs. IGV, DRGTX vs. FNILX, DRGTX vs. RAGHX, DRGTX vs. VWUAX, DRGTX vs. TDV, DRGTX vs. VTSAX, DRGTX vs. VIGIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Virtus Technology Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Virtus Technology Fund had a return of 35.48% year-to-date (YTD) and 48.48% in the last 12 months. Over the past 10 years, Virtus Technology Fund had an annualized return of 2.38%, while the S&P 500 had an annualized return of 11.39%, indicating that Virtus Technology Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 35.48% | 25.45% |
| 1 month | 4.34% | 2.91% |
| 6 months | 19.58% | 14.05% |
| 1 year | 48.48% | 35.64% |
| 5 years (annualized) | 4.34% | 14.13% |
| 10 years (annualized) | 2.38% | 11.39% |
Monthly Returns
The table below presents the monthly returns of DRGTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.13% | 8.64% | 1.10% | -4.64% | 5.66% | 8.02% | -4.67% | 2.65% | 4.19% | -0.92% | 35.48% | ||
| 2023 | 13.91% | 0.63% | 9.14% | -1.69% | 12.10% | 7.81% | 4.94% | -2.46% | -5.95% | -3.29% | 14.01% | 4.95% | 65.59% |
| 2022 | -12.14% | -1.74% | 0.35% | -14.24% | -4.95% | -8.97% | 11.40% | -3.27% | -10.93% | 2.13% | 2.22% | -24.77% | -51.54% |
| 2021 | 0.28% | 3.27% | -5.54% | 6.22% | -1.83% | 4.79% | 0.44% | 4.27% | -4.55% | 8.02% | -0.47% | -23.87% | -12.52% |
| 2020 | 6.90% | -4.31% | -10.11% | 13.34% | 12.08% | 6.64% | 9.69% | 8.77% | -4.10% | -1.72% | 12.61% | -8.07% | 45.02% |
| 2019 | 11.44% | 5.48% | 2.48% | 6.61% | -8.00% | 5.86% | 2.65% | -3.55% | -6.00% | 2.58% | 7.31% | -13.88% | 10.35% |
| 2018 | 11.58% | -0.07% | -1.75% | 0.29% | 7.03% | -0.41% | 0.44% | 11.17% | -0.57% | -12.61% | -0.42% | -23.73% | -13.71% |
| 2017 | 6.56% | 4.42% | 3.27% | 3.31% | 6.65% | -2.29% | 4.96% | 3.29% | 1.79% | 8.60% | 0.52% | -14.87% | 26.87% |
| 2016 | -6.13% | -3.24% | 6.67% | -3.00% | 4.88% | -2.02% | 6.68% | 1.97% | 2.52% | -1.57% | -1.20% | -4.84% | -0.33% |
| 2015 | -3.41% | 7.84% | -1.81% | 1.23% | 3.72% | -2.13% | 1.90% | -8.73% | -1.63% | 9.36% | 2.21% | -15.04% | -8.69% |
| 2014 | 0.59% | 6.25% | -4.84% | -3.49% | 4.19% | 4.69% | -1.53% | 5.56% | -1.77% | 0.99% | 4.86% | -18.18% | -5.29% |
| 2013 | 3.65% | -0.35% | 2.07% | 1.13% | 6.35% | 0.34% | 5.35% | 0.71% | 10.45% | 1.49% | 1.72% | -2.61% | 34.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DRGTX is 42, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Virtus Technology Fund (DRGTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Virtus Technology Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Virtus Technology Fund was 83.33%, occurring on Oct 9, 2002. Recovery took 4481 trading sessions.
The current Virtus Technology Fund drawdown is 22.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -83.33% | Mar 10, 2000 | 645 | Oct 9, 2002 | 4481 | Aug 5, 2020 | 5126 |
| -66.46% | Nov 19, 2021 | 283 | Jan 5, 2023 | — | — | — |
| -33.84% | Jul 21, 1998 | 58 | Oct 8, 1998 | 32 | Nov 23, 1998 | 90 |
| -17.94% | Dec 17, 2020 | 100 | May 12, 2021 | 113 | Oct 21, 2021 | 213 |
| -14.69% | Apr 12, 1999 | 7 | Apr 20, 1999 | 51 | Jun 30, 1999 | 58 |
Volatility
Volatility Chart
The current Virtus Technology Fund volatility is 6.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.