BTECX vs. PRSCX
Compare and contrast key facts about Baron Technology Fund (BTECX) and T. Rowe Price Science And Technology Fund (PRSCX).
BTECX is managed by Baron Capital Group, Inc.. It was launched on Dec 30, 2021. PRSCX is managed by T. Rowe Price. It was launched on Sep 29, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTECX or PRSCX.
Key characteristics
| BTECX | PRSCX | |
|---|---|---|
| YTD Return | 21.98% | 23.30% |
| 1Y Return | 40.86% | 34.99% |
| Sharpe Ratio | 1.70 | 1.51 |
| Daily Std Dev | 23.47% | 22.72% |
| Max Drawdown | -43.18% | -85.26% |
| Current Drawdown | -5.69% | -7.85% |
Correlation
The correlation between BTECX and PRSCX is 0.95, 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
BTECX vs. PRSCX - Performance Comparison
In the year-to-date period, BTECX achieves a 21.98% return, which is significantly lower than PRSCX's 23.30% 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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BTECX vs. PRSCX - Expense Ratio Comparison
BTECX has a 0.95% expense ratio, which is higher than PRSCX's 0.84% expense ratio.
Risk-Adjusted Performance
BTECX vs. PRSCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Technology Fund (BTECX) and T. Rowe Price Science And Technology Fund (PRSCX). 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
BTECX vs. PRSCX - Dividend Comparison
Neither BTECX nor PRSCX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BTECX Baron Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRSCX T. Rowe Price Science And Technology Fund | 0.00% | 0.00% | 7.83% | 33.69% | 13.90% | 5.86% | 36.03% | 13.21% | 3.68% | 18.51% | 17.17% |
Drawdowns
BTECX vs. PRSCX - Drawdown Comparison
The maximum BTECX drawdown since its inception was -43.18%, smaller than the maximum PRSCX drawdown of -85.26%. Use the drawdown chart below to compare losses from any high point for BTECX and PRSCX. For additional features, visit the drawdowns tool.
Volatility
BTECX vs. PRSCX - Volatility Comparison
Baron Technology Fund (BTECX) has a higher volatility of 7.56% compared to T. Rowe Price Science And Technology Fund (PRSCX) at 6.48%. This indicates that BTECX's price experiences larger fluctuations and is considered to be riskier than PRSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.