DRGTX vs. PRGTX
Compare and contrast key facts about Virtus Technology Fund (DRGTX) and T. Rowe Price Global Technology Fund (PRGTX).
DRGTX is managed by Allianz Global Investors. It was launched on Dec 26, 1995. PRGTX is managed by T. Rowe Price. It was launched on Sep 28, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRGTX or PRGTX.
Key characteristics
DRGTX | PRGTX | |
---|---|---|
YTD Return | 34.71% | 34.33% |
1Y Return | 49.27% | 48.14% |
3Y Return (Ann) | -7.92% | -14.96% |
5Y Return (Ann) | 4.51% | 6.62% |
10Y Return (Ann) | 2.47% | 2.99% |
Sharpe Ratio | 2.13 | 2.16 |
Sortino Ratio | 2.71 | 2.77 |
Omega Ratio | 1.37 | 1.37 |
Calmar Ratio | 1.02 | 0.80 |
Martin Ratio | 10.32 | 9.79 |
Ulcer Index | 4.84% | 4.97% |
Daily Std Dev | 23.42% | 22.54% |
Max Drawdown | -83.33% | -73.10% |
Current Drawdown | -22.72% | -41.92% |
Correlation
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.
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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.
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.
Dividends
DRGTX vs. PRGTX - Dividend Comparison
Neither DRGTX nor PRGTX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.