CMNWX vs. PRCOX
Compare and contrast key facts about Principal Capital Appreciation Fund (CMNWX) and T. Rowe Price U.S. Equity Research Fund (PRCOX).
CMNWX is managed by Principal. It was launched on Nov 24, 1986. PRCOX is managed by T. Rowe Price. It was launched on Nov 30, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMNWX or PRCOX.
Key characteristics
| CMNWX | PRCOX | |
|---|---|---|
| YTD Return | 28.70% | 28.21% |
| 1Y Return | 41.63% | 41.23% |
| 3Y Return (Ann) | 7.69% | 10.00% |
| 5Y Return (Ann) | 11.65% | 15.87% |
| 10Y Return (Ann) | 4.65% | 10.63% |
| Sharpe Ratio | 3.24 | 3.17 |
| Sortino Ratio | 4.36 | 4.19 |
| Omega Ratio | 1.61 | 1.59 |
| Calmar Ratio | 3.24 | 4.52 |
| Martin Ratio | 21.65 | 20.72 |
| Ulcer Index | 1.88% | 1.94% |
| Daily Std Dev | 12.53% | 12.67% |
| Max Drawdown | -57.43% | -58.69% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between CMNWX and PRCOX is 0.91, 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
CMNWX vs. PRCOX - Performance Comparison
The year-to-date returns for both stocks are quite close, with CMNWX having a 28.70% return and PRCOX slightly lower at 28.21%. Over the past 10 years, CMNWX has underperformed PRCOX with an annualized return of 4.65%, while PRCOX has yielded a comparatively higher 10.63% annualized 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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CMNWX vs. PRCOX - Expense Ratio Comparison
CMNWX has a 0.80% expense ratio, which is higher than PRCOX's 0.42% expense ratio.
Risk-Adjusted Performance
CMNWX vs. PRCOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Capital Appreciation Fund (CMNWX) and T. Rowe Price U.S. Equity Research Fund (PRCOX). 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
CMNWX vs. PRCOX - Dividend Comparison
CMNWX's dividend yield for the trailing twelve months is around 0.55%, less than PRCOX's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMNWX Principal Capital Appreciation Fund | 0.55% | 0.71% | 0.69% | 0.43% | 0.78% | 0.93% | 1.62% | 1.01% | 1.07% | 1.19% | 0.92% | 0.76% |
PRCOX T. Rowe Price U.S. Equity Research Fund | 0.91% | 1.17% | 0.88% | 0.69% | 0.87% | 0.55% | 1.23% | 1.07% | 1.24% | 1.64% | 1.12% | 0.92% |
Drawdowns
CMNWX vs. PRCOX - Drawdown Comparison
The maximum CMNWX drawdown since its inception was -57.43%, roughly equal to the maximum PRCOX drawdown of -58.69%. Use the drawdown chart below to compare losses from any high point for CMNWX and PRCOX. For additional features, visit the drawdowns tool.
Volatility
CMNWX vs. PRCOX - Volatility Comparison
Principal Capital Appreciation Fund (CMNWX) and T. Rowe Price U.S. Equity Research Fund (PRCOX) have volatilities of 4.11% and 3.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.