AAANX vs. PRWCX
Compare and contrast key facts about Horizon Active Asset Allocation Fund (AAANX) and T. Rowe Price Capital Appreciation Fund (PRWCX).
AAANX is managed by Horizon Investments. It was launched on Jan 30, 2012. PRWCX is managed by T. Rowe Price. It was launched on Jun 30, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAANX or PRWCX.
Correlation
The correlation between AAANX and PRWCX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AAANX vs. PRWCX - Performance Comparison
Key characteristics
AAANX:
-0.20
PRWCX:
1.60
AAANX:
-0.12
PRWCX:
2.20
AAANX:
0.98
PRWCX:
1.29
AAANX:
-0.21
PRWCX:
1.24
AAANX:
-0.57
PRWCX:
10.90
AAANX:
7.17%
PRWCX:
1.14%
AAANX:
20.13%
PRWCX:
7.79%
AAANX:
-37.94%
PRWCX:
-45.33%
AAANX:
-16.65%
PRWCX:
-1.62%
Returns By Period
In the year-to-date period, AAANX achieves a 2.72% return, which is significantly higher than PRWCX's 1.94% return. Over the past 10 years, AAANX has underperformed PRWCX with an annualized return of 1.66%, while PRWCX has yielded a comparatively higher 5.14% annualized return.
AAANX
2.72%
-1.02%
-13.11%
-5.89%
1.53%
1.66%
PRWCX
1.94%
-1.04%
3.59%
10.95%
4.97%
5.14%
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AAANX vs. PRWCX - Expense Ratio Comparison
AAANX has a 1.14% expense ratio, which is higher than PRWCX's 0.68% expense ratio.
Risk-Adjusted Performance
AAANX vs. PRWCX — Risk-Adjusted Performance Rank
AAANX
PRWCX
AAANX vs. PRWCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Active Asset Allocation Fund (AAANX) and T. Rowe Price Capital Appreciation Fund (PRWCX). 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.
Dividends
AAANX vs. PRWCX - Dividend Comparison
AAANX's dividend yield for the trailing twelve months is around 0.77%, less than PRWCX's 2.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAANX Horizon Active Asset Allocation Fund | 0.77% | 0.79% | 0.77% | 1.08% | 0.70% | 0.49% | 0.67% | 0.78% | 0.57% | 0.89% | 1.77% | 0.14% |
PRWCX T. Rowe Price Capital Appreciation Fund | 2.28% | 2.33% | 2.11% | 1.57% | 0.95% | 1.17% | 1.54% | 2.53% | 1.31% | 1.57% | 1.52% | 1.42% |
Drawdowns
AAANX vs. PRWCX - Drawdown Comparison
The maximum AAANX drawdown since its inception was -37.94%, smaller than the maximum PRWCX drawdown of -45.33%. Use the drawdown chart below to compare losses from any high point for AAANX and PRWCX. For additional features, visit the drawdowns tool.
Volatility
AAANX vs. PRWCX - Volatility Comparison
Horizon Active Asset Allocation Fund (AAANX) has a higher volatility of 3.91% compared to T. Rowe Price Capital Appreciation Fund (PRWCX) at 2.32%. This indicates that AAANX's price experiences larger fluctuations and is considered to be riskier than PRWCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.