APGAX vs. PRWAX
Compare and contrast key facts about AB Large Cap Growth Fund Class A (APGAX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
APGAX is managed by AllianceBernstein. It was launched on Oct 1, 1996. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APGAX or PRWAX.
Performance
APGAX vs. PRWAX - Performance Comparison
Returns By Period
In the year-to-date period, APGAX achieves a 25.13% return, which is significantly lower than PRWAX's 27.87% return. Over the past 10 years, APGAX has outperformed PRWAX with an annualized return of 9.10%, while PRWAX has yielded a comparatively lower 5.39% annualized return.
APGAX
25.13%
2.89%
8.10%
28.70%
12.52%
9.10%
PRWAX
27.87%
3.38%
11.22%
26.83%
7.94%
5.39%
Key characteristics
APGAX | PRWAX | |
---|---|---|
Sharpe Ratio | 1.80 | 1.95 |
Sortino Ratio | 2.43 | 2.54 |
Omega Ratio | 1.33 | 1.37 |
Calmar Ratio | 1.85 | 1.01 |
Martin Ratio | 8.52 | 10.98 |
Ulcer Index | 3.37% | 2.44% |
Daily Std Dev | 15.95% | 13.79% |
Max Drawdown | -69.97% | -70.45% |
Current Drawdown | -1.91% | -4.22% |
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APGAX vs. PRWAX - Expense Ratio Comparison
APGAX has a 0.84% expense ratio, which is higher than PRWAX's 0.76% expense ratio.
Correlation
The correlation between APGAX and PRWAX 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.
Risk-Adjusted Performance
APGAX vs. PRWAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Large Cap Growth Fund Class A (APGAX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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
APGAX vs. PRWAX - Dividend Comparison
APGAX has not paid dividends to shareholders, while PRWAX's dividend yield for the trailing twelve months is around 0.16%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
AB Large Cap Growth Fund Class A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
T. Rowe Price All-Cap Opportunities Fund | 0.16% | 0.20% | 0.00% | 0.00% | 0.03% | 0.40% | 0.23% | 0.17% | 0.05% |
Drawdowns
APGAX vs. PRWAX - Drawdown Comparison
The maximum APGAX drawdown since its inception was -69.97%, roughly equal to the maximum PRWAX drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for APGAX and PRWAX. For additional features, visit the drawdowns tool.
Volatility
APGAX vs. PRWAX - Volatility Comparison
AB Large Cap Growth Fund Class A (APGAX) has a higher volatility of 5.10% compared to T. Rowe Price All-Cap Opportunities Fund (PRWAX) at 3.95%. This indicates that APGAX's price experiences larger fluctuations and is considered to be riskier than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.