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T. Rowe Price New Horizons Fund (PRNHX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US7795621074

CUSIP

779562107

Issuer

T. Rowe Price

Inception Date

Jun 3, 1960

Asset Class

Equity

Asset Class Size

Mid-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
PRNHX vs. PEOPX PRNHX vs. VIMAX PRNHX vs. VSEQX PRNHX vs. PRSCX PRNHX vs. VTI PRNHX vs. FBGRX PRNHX vs. AVUV PRNHX vs. FXAIX PRNHX vs. SCHD PRNHX vs. VIGAX
Popular comparisons:
PRNHX vs. PEOPX PRNHX vs. VIMAX PRNHX vs. VSEQX PRNHX vs. PRSCX PRNHX vs. VTI PRNHX vs. FBGRX PRNHX vs. AVUV PRNHX vs. FXAIX PRNHX vs. SCHD PRNHX vs. VIGAX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in T. Rowe Price New Horizons Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.51%
12.14%
PRNHX (T. Rowe Price New Horizons Fund)
Benchmark (^GSPC)

Returns By Period

T. Rowe Price New Horizons Fund had a return of 10.57% year-to-date (YTD) and 23.48% in the last 12 months. Over the past 10 years, T. Rowe Price New Horizons Fund had an annualized return of 12.10%, outperforming the S&P 500 benchmark which had an annualized return of 11.16%.


PRNHX

YTD

10.57%

1M

6.90%

6M

12.57%

1Y

23.48%

5Y (annualized)

8.47%

10Y (annualized)

12.10%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of PRNHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.14%5.63%1.58%-8.67%-0.35%0.46%4.90%0.14%1.43%0.43%10.57%
20239.69%-1.00%-0.97%-1.85%2.15%7.43%4.49%-2.94%-5.88%-7.15%7.13%10.34%21.35%
2022-15.66%-1.71%-2.54%-13.75%-8.18%-2.91%11.70%0.21%-9.83%5.98%0.49%-5.58%-36.96%
2021-1.80%2.46%-2.46%7.26%-3.08%7.71%2.13%5.13%-3.24%4.97%-5.77%-2.62%9.96%
20204.73%-3.01%-13.71%16.37%12.80%4.82%6.84%4.24%1.10%0.07%10.82%4.84%57.89%
201911.18%7.45%1.09%3.16%-2.01%6.87%1.72%-1.27%-3.55%1.63%6.93%0.39%37.85%
20186.01%-1.79%2.05%-0.63%5.69%3.07%1.39%7.26%0.27%-8.80%1.00%-10.16%3.78%
20174.34%4.01%1.47%3.21%2.13%1.51%1.90%1.21%3.42%2.13%1.74%0.76%31.59%
2016-9.26%-1.82%7.64%1.11%2.60%1.37%5.42%1.28%0.88%-4.60%5.61%-1.47%7.83%
2015-0.94%5.79%1.53%-1.59%2.68%0.23%2.03%-5.84%-4.01%6.16%1.84%-2.67%4.57%
2014-0.63%6.42%-3.82%-6.14%1.27%6.62%-4.49%4.81%-3.87%4.58%1.04%1.17%6.03%
20136.99%1.94%3.98%1.17%4.10%0.45%7.39%0.05%6.41%1.32%4.10%3.12%49.19%

Expense Ratio

PRNHX features an expense ratio of 0.75%, falling within the medium range.


Expense ratio chart for PRNHX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PRNHX is 26, 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.


The Risk-Adjusted Performance Rank of PRNHX is 2626
Combined Rank
The Sharpe Ratio Rank of PRNHX is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of PRNHX is 3030
Sortino Ratio Rank
The Omega Ratio Rank of PRNHX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of PRNHX is 2424
Calmar Ratio Rank
The Martin Ratio Rank of PRNHX is 2020
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.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for T. Rowe Price New Horizons Fund (PRNHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for PRNHX, currently valued at 1.41, compared to the broader market-1.000.001.002.003.004.005.001.412.54
The chart of Sortino ratio for PRNHX, currently valued at 1.99, compared to the broader market0.005.0010.001.993.40
The chart of Omega ratio for PRNHX, currently valued at 1.25, compared to the broader market1.002.003.004.001.251.47
The chart of Calmar ratio for PRNHX, currently valued at 0.62, compared to the broader market0.005.0010.0015.0020.0025.000.623.66
The chart of Martin ratio for PRNHX, currently valued at 4.53, compared to the broader market0.0020.0040.0060.0080.00100.004.5316.26
PRNHX
^GSPC

The current T. Rowe Price New Horizons Fund Sharpe ratio is 1.41. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of T. Rowe Price New Horizons Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.41
2.54
PRNHX (T. Rowe Price New Horizons Fund)
Benchmark (^GSPC)

Dividends

Dividend History

T. Rowe Price New Horizons Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%5.00%10.00%15.00%$0.00$2.00$4.00$6.00$8.00$10.00$12.00$14.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.00$0.00$2.18$13.13$11.17$6.97$6.72$4.35$2.50$3.28$5.10$3.06

Dividend yield

0.00%0.00%4.72%17.09%13.58%11.73%13.94%8.27%5.77%7.72%11.65%6.61%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price New Horizons Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.18$2.18
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$13.13$13.13
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$11.17$11.17
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.97$6.97
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.72$6.72
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.35$4.35
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.50$2.50
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.28$3.28
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$5.10$5.10
2013$3.06$3.06

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.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-24.19%
-0.88%
PRNHX (T. Rowe Price New Horizons Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the T. Rowe Price New Horizons 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 T. Rowe Price New Horizons Fund was 55.79%, occurring on Nov 20, 2008. Recovery took 504 trading sessions.

The current T. Rowe Price New Horizons Fund drawdown is 24.19%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.79%Oct 11, 2007281Nov 20, 2008504Nov 22, 2010785
-53.76%Mar 7, 2000648Oct 9, 2002675Jun 16, 20051323
-48.37%Nov 10, 2021151Jun 16, 2022
-46.29%Jun 2, 1986428Jan 20, 19881029Dec 31, 19911457
-38.74%Apr 3, 1998135Oct 8, 1998190Jul 1, 1999325

Volatility

Volatility Chart

The current T. Rowe Price New Horizons Fund volatility is 6.27%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.27%
3.96%
PRNHX (T. Rowe Price New Horizons Fund)
Benchmark (^GSPC)