BIVRX vs. PRWCX
Compare and contrast key facts about Invenomic Fund (BIVRX) and T. Rowe Price Capital Appreciation Fund (PRWCX).
BIVRX is managed by Invenomic. It was launched on Jun 18, 2017. 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: BIVRX or PRWCX.
Key characteristics
| BIVRX | PRWCX | |
|---|---|---|
| YTD Return | -6.57% | 4.69% |
| 1Y Return | -3.14% | 16.00% |
| 3Y Return (Ann) | 19.81% | 5.87% |
| 5Y Return (Ann) | 24.86% | 11.10% |
| Sharpe Ratio | -0.11 | 1.72 |
| Daily Std Dev | 28.36% | 9.18% |
| Max Drawdown | -25.39% | -41.77% |
| Current Drawdown | -22.20% | -0.45% |
Correlation
The correlation between BIVRX and PRWCX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BIVRX vs. PRWCX - Performance Comparison
In the year-to-date period, BIVRX achieves a -6.57% return, which is significantly lower than PRWCX's 4.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIVRX vs. PRWCX - Expense Ratio Comparison
BIVRX has a 2.48% expense ratio, which is higher than PRWCX's 0.68% expense ratio.
Risk-Adjusted Performance
BIVRX vs. PRWCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invenomic Fund (BIVRX) 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
BIVRX vs. PRWCX - Dividend Comparison
BIVRX's dividend yield for the trailing twelve months is around 21.68%, more than PRWCX's 3.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIVRX Invenomic Fund | 21.68% | 20.26% | 28.43% | 14.52% | 3.11% | 3.21% | 4.82% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% |
PRWCX T. Rowe Price Capital Appreciation Fund | 3.96% | 4.15% | 9.44% | 9.23% | 7.97% | 5.83% | 7.46% | 6.82% | 3.51% | 9.86% | 10.03% | 6.00% |
Drawdowns
BIVRX vs. PRWCX - Drawdown Comparison
The maximum BIVRX drawdown since its inception was -25.39%, smaller than the maximum PRWCX drawdown of -41.77%. Use the drawdown chart below to compare losses from any high point for BIVRX and PRWCX. For additional features, visit the drawdowns tool.
Volatility
BIVRX vs. PRWCX - Volatility Comparison
Invenomic Fund (BIVRX) has a higher volatility of 2.96% compared to T. Rowe Price Capital Appreciation Fund (PRWCX) at 2.60%. This indicates that BIVRX'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.