ERBIX vs. PGTIX

Last updated Aug 1, 2026

ERBIX (Eaton Vance Richard Bernstein Equity Strategy Fund) and PGTIX (T. Rowe Price Global Technology Fund I Class) are both mutual funds - ERBIX is a Global Equities fund managed by Eaton Vance, while PGTIX is a Technology Equities fund actively managed by T. Rowe Price. Over the past 5 years, ERBIX returned 8.68%/yr vs 6.62%/yr for PGTIX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. ERBIX charges 0.93%/yr vs 0.78%/yr for PGTIX.

Performance

ERBIX vs. PGTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) and T. Rowe Price Global Technology Fund I Class (PGTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ERBIX achieves a 8.92% return, which is significantly lower than PGTIX's 23.72% return.

ERBIX

• 1D: 2.49%
• 1M: -1.49%
• 6M: 5.49%
• YTD: 8.92%
• 1Y: 20.65%
• 3Y*: 14.36%
• 5Y*: 8.68%
• 10Y*: 11.83%
• ALL TIME*: 11.19%

PGTIX

• 1D: 5.21%
• 1M: -5.96%
• 6M: 20.66%
• YTD: 23.72%
• 1Y: 40.70%
• 3Y*: 30.83%
• 5Y*: 6.62%
• 10Y*: —
• ALL TIME*: 18.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ERBIX Eaton Vance Richard Bernstein Equity Strategy Fund	$0.00	$0.00	$0.00
PGTIX T. Rowe Price Global Technology Fund I Class	$0.00	$0.00	$0.00

ERBIX vs. PGTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ERBIX Eaton Vance Richard Bernstein Equity Strategy Fund	8.92%	18.35%	15.00%	14.63%	-14.75%	17.75%	16.49%	36.69%	-11.86%	20.94%
PGTIX T. Rowe Price Global Technology Fund I Class	23.72%	27.48%	33.33%	56.25%	-55.48%	8.92%	75.98%	34.28%	-9.95%	45.22%

Correlation

The correlation between ERBIX and PGTIX is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.75

The correlation between ERBIX and PGTIX has been stable across timeframes, ranging from 0.75 to 0.85 - a consistent structural relationship.

Return for Risk

ERBIX vs. PGTIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ERBIX

ERBIX Risk / Return Rank: 53
ERBIX Sharpe Ratio Rank: 51
ERBIX Sortino Ratio Rank: 51
ERBIX Omega Ratio Rank: 49
ERBIX Calmar Ratio Rank: 50
ERBIX Martin Ratio Rank: 63

PGTIX

PGTIX Risk / Return Rank: 46
PGTIX Sharpe Ratio Rank: 43
PGTIX Sortino Ratio Rank: 39
PGTIX Omega Ratio Rank: 43
PGTIX Calmar Ratio Rank: 55
PGTIX Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ERBIX vs. PGTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) and T. Rowe Price Global Technology Fund I Class (PGTIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ERBIX	PGTIX	Difference
Sharpe ratio: Return per unit of total volatility	1.34	1.28	+0.06
Sortino ratio: Return per unit of downside risk	1.91	1.75	+0.16
Omega ratio: Gain probability vs. loss probability	1.24	1.23	+0.01
Calmar ratio: Return relative to maximum drawdown	1.83	2.01	-0.17
Martin ratio: Return relative to average drawdown	7.88	6.82	+1.07

ERBIX vs. PGTIX - Sharpe Ratio Comparison

The current ERBIX Sharpe Ratio is 1.34, which is comparable to the PGTIX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of ERBIX and PGTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ERBIX vs. PGTIX - Drawdown Comparison

The maximum ERBIX drawdown since its inception was -29.18%, smaller than the maximum PGTIX drawdown of -65.26%. Use the drawdown chart below to compare losses from any high point for ERBIX and PGTIX.

Drawdown Indicators

	ERBIX	PGTIX	Difference
Max Drawdown Largest peak-to-trough decline	-29.18%	-65.26%	+36.08%
Max Drawdown (1Y) Largest decline over 1 year	-10.42%	-18.47%	+8.05%
Max Drawdown (3Y) Largest decline over 3 years	-16.49%	-26.71%	+10.22%
Max Drawdown (5Y) Largest decline over 5 years	-24.32%	-65.26%	+40.94%
Max Drawdown (10Y) Largest decline over 10 years	-29.18%	—	—
Current Drawdown Current decline from peak	-2.61%	-14.22%	+11.61%
Average Drawdown Average peak-to-trough decline	-4.46%	-18.81%	+14.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	5.42%	-3.00%

Volatility

ERBIX vs. PGTIX - Volatility Comparison

The current volatility for Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) is 4.69%, while T. Rowe Price Global Technology Fund I Class (PGTIX) has a volatility of 11.72%. This indicates that ERBIX experiences smaller price fluctuations and is considered to be less risky than PGTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ERBIX	PGTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	11.72%	-7.03%
Volatility (6M) Calculated over the trailing 6-month period	11.95%	25.48%	-13.53%
Volatility (1Y) Calculated over the trailing 1-year period	14.28%	29.03%	-14.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.14%	32.67%	-17.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.36%	29.31%	-12.95%

ERBIX vs. PGTIX - Expense Ratio Comparison

ERBIX has a 0.93% expense ratio, which is higher than PGTIX's 0.78% expense ratio.

Dividends

ERBIX vs. PGTIX - Dividend Comparison

ERBIX's dividend yield for the trailing twelve months is around 16.66%, while PGTIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ERBIX Eaton Vance Richard Bernstein Equity Strategy Fund	16.66%	18.14%	4.12%	8.82%	5.97%	13.08%	2.63%	16.82%	5.93%	5.78%	3.59%	2.32%
PGTIX T. Rowe Price Global Technology Fund I Class	0.00%	0.00%	0.00%	0.00%	3.27%	27.92%	5.04%	0.07%	24.92%	15.91%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ERBIX and PGTIX in my portfolio?

ERBIX and PGTIX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ERBIX or PGTIX?

PGTIX has higher volatility (11.72%) compared to ERBIX (4.69%). In terms of maximum drawdown, ERBIX dropped -29.18% vs PGTIX's -65.26%.

Which has better risk-adjusted returns?

ERBIX currently has the higher Sharpe Ratio (1.34 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.