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DRGTX vs. PRGTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


DRGTXPRGTX
YTD Return34.71%34.33%
1Y Return49.27%48.14%
3Y Return (Ann)-7.92%-14.96%
5Y Return (Ann)4.51%6.62%
10Y Return (Ann)2.47%2.99%
Sharpe Ratio2.132.16
Sortino Ratio2.712.77
Omega Ratio1.371.37
Calmar Ratio1.020.80
Martin Ratio10.329.79
Ulcer Index4.84%4.97%
Daily Std Dev23.42%22.54%
Max Drawdown-83.33%-73.10%
Current Drawdown-22.72%-41.92%

Correlation

-0.50.00.51.00.9

The correlation between DRGTX and PRGTX 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

DRGTX vs. PRGTX - Performance Comparison

The year-to-date returns for both stocks are quite close, with DRGTX having a 34.71% return and PRGTX slightly lower at 34.33%. Over the past 10 years, DRGTX has underperformed PRGTX with an annualized return of 2.47%, while PRGTX has yielded a comparatively higher 2.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.14%
19.40%
DRGTX
PRGTX

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DRGTX vs. PRGTX - Expense Ratio Comparison

DRGTX has a 1.16% expense ratio, which is higher than PRGTX's 0.95% expense ratio.


DRGTX
Virtus Technology Fund
Expense ratio chart for DRGTX: current value at 1.16% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.16%
Expense ratio chart for PRGTX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

DRGTX vs. PRGTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Technology Fund (DRGTX) and T. Rowe Price Global Technology Fund (PRGTX). 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.


DRGTX
Sharpe ratio
The chart of Sharpe ratio for DRGTX, currently valued at 2.13, compared to the broader market0.002.004.002.13
Sortino ratio
The chart of Sortino ratio for DRGTX, currently valued at 2.71, compared to the broader market0.005.0010.002.71
Omega ratio
The chart of Omega ratio for DRGTX, currently valued at 1.37, compared to the broader market1.002.003.004.001.37
Calmar ratio
The chart of Calmar ratio for DRGTX, currently valued at 1.02, compared to the broader market0.005.0010.0015.0020.0025.001.02
Martin ratio
The chart of Martin ratio for DRGTX, currently valued at 10.32, compared to the broader market0.0020.0040.0060.0080.00100.0010.32
PRGTX
Sharpe ratio
The chart of Sharpe ratio for PRGTX, currently valued at 2.16, compared to the broader market0.002.004.002.16
Sortino ratio
The chart of Sortino ratio for PRGTX, currently valued at 2.77, compared to the broader market0.005.0010.002.77
Omega ratio
The chart of Omega ratio for PRGTX, currently valued at 1.37, compared to the broader market1.002.003.004.001.37
Calmar ratio
The chart of Calmar ratio for PRGTX, currently valued at 0.80, compared to the broader market0.005.0010.0015.0020.0025.000.80
Martin ratio
The chart of Martin ratio for PRGTX, currently valued at 9.79, compared to the broader market0.0020.0040.0060.0080.00100.009.79

DRGTX vs. PRGTX - Sharpe Ratio Comparison

The current DRGTX Sharpe Ratio is 2.13, which is comparable to the PRGTX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of DRGTX and PRGTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.13
2.16
DRGTX
PRGTX

Dividends

DRGTX vs. PRGTX - Dividend Comparison

Neither DRGTX nor PRGTX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
DRGTX
Virtus Technology Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PRGTX
T. Rowe Price Global Technology Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.08%

Drawdowns

DRGTX vs. PRGTX - Drawdown Comparison

The maximum DRGTX drawdown since its inception was -83.33%, which is greater than PRGTX's maximum drawdown of -73.10%. Use the drawdown chart below to compare losses from any high point for DRGTX and PRGTX. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%JuneJulyAugustSeptemberOctoberNovember
-22.72%
-41.92%
DRGTX
PRGTX

Volatility

DRGTX vs. PRGTX - Volatility Comparison

Virtus Technology Fund (DRGTX) has a higher volatility of 6.71% compared to T. Rowe Price Global Technology Fund (PRGTX) at 6.16%. This indicates that DRGTX's price experiences larger fluctuations and is considered to be riskier than PRGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.71%
6.16%
DRGTX
PRGTX