BGVIX vs. PGTIX

Last updated Aug 4, 2026

BGVIX (Brandes Global Equity Fund) and PGTIX (T. Rowe Price Global Technology Fund I Class) are both mutual funds - BGVIX is a Global Equities fund managed by Brandes, while PGTIX is a Technology Equities fund actively managed by T. Rowe Price. Over the past 5 years, BGVIX returned 13.84%/yr vs 6.87%/yr for PGTIX. Their 0.50 correlation means they have sometimes moved together and sometimes differently. BGVIX charges 1.00%/yr vs 0.78%/yr for PGTIX.

Performance

BGVIX vs. PGTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brandes Global Equity Fund (BGVIX) and T. Rowe Price Global Technology Fund I Class (PGTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BGVIX achieves a 7.45% return, which is significantly lower than PGTIX's 25.18% return.

BGVIX

• 1D: 0.14%
• 1M: 3.23%
• 6M: 2.83%
• YTD: 7.45%
• 1Y: 25.39%
• 3Y*: 20.04%
• 5Y*: 13.84%
• 10Y*: 11.82%
• ALL TIME*: 9.26%

PGTIX

• 1D: 1.18%
• 1M: -4.86%
• 6M: 21.99%
• YTD: 25.18%
• 1Y: 42.35%
• 3Y*: 31.46%
• 5Y*: 6.87%
• 10Y*: —
• ALL TIME*: 18.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BGVIX Brandes Global Equity Fund	$0.00	$0.00	$0.00
PGTIX T. Rowe Price Global Technology Fund I Class	$0.00	$0.00	$0.00

BGVIX vs. PGTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGVIX Brandes Global Equity Fund	7.45%	33.72%	12.53%	21.71%	-5.97%	21.20%	1.97%	17.38%	-10.39%	16.23%
PGTIX T. Rowe Price Global Technology Fund I Class	25.18%	27.48%	33.33%	56.25%	-55.48%	8.92%	75.98%	34.28%	-9.95%	45.22%

Correlation

The correlation between BGVIX and PGTIX is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.37
Correlation (3Y) Balances recent behavior with more history.	0.46
Correlation (5Y) Shows whether the relationship held over a longer period.	0.51
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.50

The correlation between BGVIX and PGTIX shifts across timeframes, from 0.37 (1 year) to 0.51 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BGVIX vs. PGTIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BGVIX

BGVIX Risk / Return Rank: 77
BGVIX Sharpe Ratio Rank: 82
BGVIX Sortino Ratio Rank: 81
BGVIX Omega Ratio Rank: 78
BGVIX Calmar Ratio Rank: 78
BGVIX Martin Ratio Rank: 66

PGTIX

PGTIX Risk / Return Rank: 45
PGTIX Sharpe Ratio Rank: 43
PGTIX Sortino Ratio Rank: 38
PGTIX Omega Ratio Rank: 41
PGTIX Calmar Ratio Rank: 56
PGTIX Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BGVIX vs. PGTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brandes Global Equity Fund (BGVIX) and T. Rowe Price Global Technology Fund I Class (PGTIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BGVIX	PGTIX	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.36	+0.65
Sortino ratio: Return per unit of downside risk	2.87	1.84	+1.03
Omega ratio: Gain probability vs. loss probability	1.36	1.25	+0.12
Calmar ratio: Return relative to maximum drawdown	2.69	2.14	+0.55
Martin ratio: Return relative to average drawdown	8.93	7.19	+1.74

BGVIX vs. PGTIX - Sharpe Ratio Comparison

The current BGVIX Sharpe Ratio is 2.01, which is higher than the PGTIX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of BGVIX and PGTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BGVIX vs. PGTIX - Drawdown Comparison

The maximum BGVIX drawdown since its inception was -41.16%, smaller than the maximum PGTIX drawdown of -65.26%. Use the drawdown chart below to compare losses from any high point for BGVIX and PGTIX.

Drawdown Indicators

	BGVIX	PGTIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.16%	-65.26%	+24.10%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-18.47%	+9.44%
Max Drawdown (3Y) Largest decline over 3 years	-14.22%	-26.71%	+12.49%
Max Drawdown (5Y) Largest decline over 5 years	-25.37%	-65.26%	+39.89%
Max Drawdown (10Y) Largest decline over 10 years	-41.16%	—	—
Current Drawdown Current decline from peak	-0.05%	-13.21%	+13.16%
Average Drawdown Average peak-to-trough decline	-6.28%	-18.81%	+12.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	5.49%	-2.77%

Volatility

BGVIX vs. PGTIX - Volatility Comparison

The current volatility for Brandes Global Equity Fund (BGVIX) is 3.32%, while T. Rowe Price Global Technology Fund I Class (PGTIX) has a volatility of 11.53%. This indicates that BGVIX experiences smaller price fluctuations and is considered to be less risky than PGTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGVIX	PGTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	11.53%	-8.21%
Volatility (6M) Calculated over the trailing 6-month period	9.23%	25.46%	-16.23%
Volatility (1Y) Calculated over the trailing 1-year period	12.18%	29.04%	-16.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.06%	32.66%	-17.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.18%	29.31%	-12.13%

BGVIX vs. PGTIX - Expense Ratio Comparison

BGVIX has a 1.00% expense ratio, which is higher than PGTIX's 0.78% expense ratio.

Dividends

BGVIX vs. PGTIX - Dividend Comparison

BGVIX's dividend yield for the trailing twelve months is around 11.55%, while PGTIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGVIX Brandes Global Equity Fund	11.55%	12.41%	9.13%	4.80%	3.31%	6.00%	2.98%	2.46%	6.99%	4.02%	2.07%	8.51%
PGTIX T. Rowe Price Global Technology Fund I Class	0.00%	0.00%	0.00%	0.00%	3.27%	27.92%	5.04%	0.07%	24.92%	15.91%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BGVIX and PGTIX in my portfolio?

BGVIX and PGTIX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BGVIX or PGTIX?

PGTIX has higher volatility (11.53%) compared to BGVIX (3.32%). In terms of maximum drawdown, BGVIX dropped -41.16% vs PGTIX's -65.26%.

Which has better risk-adjusted returns?

BGVIX currently has the higher Sharpe Ratio (2.01 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.