T. Rowe Price New Era Fund (PRNEX) belongs to the Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRNEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PRNEX
PRNEX charges 0.56% annually. There are 4 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | 11.80B | Oct 2004 | PRNEX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 7.10B | Nov 2001 | PRNEX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 7.10B | May 1984 | PRNEX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | PRNEX vs FMGIX | |
| Adams Natural Resources Closed Fund | 0.64% | — | Jan 1929 | PRNEX vs PEO |
Best Risk-Adjusted Alternatives to PRNEX
PRNEX has a PortfoliosLab risk / return rank of 66. There are 36 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 97 | — | Dec 2013 | PRNEX vs MLOZX | |
| Victory Global Energy Transition Fund | 94 | — | Nov 1995 | PRNEX vs RSNRX | |
| Victory Global Energy Transition Fund Class Y | 94 | — | May 2007 | PRNEX vs RSNYX | |
| Delaware Ivy Energy Fund | 91 | — | Apr 2006 | PRNEX vs IEYYX | |
| EIP Growth and Income Fund (NEW) | 88 | — | Aug 2006 | PRNEX vs EIPIX |
Top Performing PRNEX Alternatives (YTD)
PRNEX is at 14.83% YTD. There are 55 mutual funds in the Energy Equities category with higher YTD returns, going as high as 57.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 57.58% | — | Jun 2006 | PRNEX vs OEPIX | |
| Recurrent MLP & Infrastructure Fund | 36.63% | — | Nov 2017 | PRNEX vs RMLPX | |
| Rydex Energy Services Fund | 35.76% | — | Mar 1998 | PRNEX vs RYVIX | |
| Catalyst Energy Infrastructure Fund | 33.51% | — | Dec 2014 | PRNEX vs MLXIX | |
| Fidelity Select Energy Portfolio | 33.41% | — | Jul 1981 | PRNEX vs FSENX |
Lowest Volatility Alternatives to PRNEX
PRNEX has 15.17% 1-year volatility. There are 40 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.65% | — | Dec 2016 | PRNEX vs PAXDX | |
| Saratoga Energy & Basic Materials Fund | 9.77% | — | Oct 1997 | PRNEX vs SBMBX | |
| JHancock Infrastructure Fund | 10.07% | — | Dec 2013 | PRNEX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.09% | — | May 2004 | PRNEX vs CSUIX | |
| Centre Global Infrastructure Fund | 10.16% | — | Jan 2018 | PRNEX vs DHIVX |
Lowest Drawdown Alternatives to PRNEX
PRNEX has a 1-year max drawdown of -9.52%. There are 45 mutual funds in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | PRNEX vs PAXDX | |
| EIP Growth and Income Fund (NEW) | -4.51% | — | Aug 2006 | PRNEX vs EIPIX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | -4.71% | — | Dec 2013 | PRNEX vs MLOZX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | PRNEX vs GGINX | |
| Saratoga Energy & Basic Materials Fund | -5.66% | — | Oct 1997 | PRNEX vs SBMBX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 11 | 2.13% | — | Jun 1993 | PRNEX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 54 | 7.41% | — | Jun 1986 | PRNEX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 68 | 10.30% | — | Dec 1992 | PRNEX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 65 | 11.48% | — | Nov 1994 | PRNEX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 11 | 2.21% | — | — | PRNEX vs TBCIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 12 | 1.33% | — | Sep 1985 | PRNEX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 67 | 11.19% | — | Mar 1990 | PRNEX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 13 | 3.93% | — | Oct 2001 | PRNEX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 51 | 25.22% | — | Sep 1987 | PRNEX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 31 | 9.07% | — | Feb 2004 | PRNEX vs TRRJX |
Often Compared With PRNEX
Investors most often compare PRNEX with PRISX, PRGTX, PRIDX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PRNEX with Any Fund or Stock
Compare PRNEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PRNEX with funds that move differently
T. Rowe Price New Era Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRNEX.
Explore PRNEX Diversifiers