FOCPX vs. PRSIX
FOCPX (Fidelity OTC Portfolio) and PRSIX (T. Rowe Price Spectrum Conservative Allocation Fund) are both mutual funds - FOCPX is a Large Cap Growth Equities fund actively managed by Fidelity, while PRSIX is a Diversified Portfolio fund managed by T. Rowe Price. Over the past 10 years, FOCPX returned 22.49%/yr vs 6.84%/yr for PRSIX. Their correlation of 0.81 suggests significant overlap in exposure. FOCPX charges 0.73%/yr vs 0.36%/yr for PRSIX.
Performance
FOCPX vs. PRSIX - Performance Comparison
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Returns By Period
In the year-to-date period, FOCPX achieves a 22.78% return, which is significantly higher than PRSIX's 5.01% return. Over the past 10 years, FOCPX has outperformed PRSIX with an annualized return of 22.49%, while PRSIX has yielded a comparatively lower 6.84% annualized return.
FOCPX
- 1D
- 2.86%
- 1M
- 0.81%
- YTD
- 22.78%
- 6M
- 24.57%
- 1Y
- 53.48%
- 3Y*
- 32.72%
- 5Y*
- 17.85%
- 10Y*
- 22.49%
PRSIX
- 1D
- 1.14%
- 1M
- 0.90%
- YTD
- 5.01%
- 6M
- 5.51%
- 1Y
- 13.22%
- 3Y*
- 10.58%
- 5Y*
- 4.58%
- 10Y*
- 6.84%
FOCPX vs. PRSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FOCPX Fidelity OTC Portfolio | 22.78% | 22.21% | 38.95% | 42.64% | -32.08% | 24.94% | 46.75% | 39.20% | -3.30% | 38.61% |
PRSIX T. Rowe Price Spectrum Conservative Allocation Fund | 5.01% | 11.91% | 8.53% | 11.97% | -13.65% | 7.07% | 11.70% | 16.78% | -3.01% | 12.28% |
Correlation
The correlation between FOCPX and PRSIX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 1996 | 0.81 |
The correlation between FOCPX and PRSIX has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.
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Return for Risk
FOCPX vs. PRSIX — Risk / Return Rank
FOCPX
PRSIX
FOCPX vs. PRSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity OTC Portfolio (FOCPX) and T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX). 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.
| FOCPX | PRSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.41 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.68 | 2.56 | +2.12 |
| Martin ratioReturn relative to average drawdown | 19.87 | 11.28 | +8.59 |
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Drawdowns
FOCPX vs. PRSIX - Drawdown Comparison
The maximum FOCPX drawdown since its inception was -70.25%, which is greater than PRSIX's maximum drawdown of -30.00%. Use the drawdown chart below to compare losses from any high point for FOCPX and PRSIX.
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Drawdown Indicators
| FOCPX | PRSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.25% | -30.00% | -40.25% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -5.02% | -6.27% |
Max Drawdown (3Y)Largest decline over 3 years | -24.82% | -6.80% | -18.02% |
Max Drawdown (5Y)Largest decline over 5 years | -37.05% | -18.69% | -18.36% |
Max Drawdown (10Y)Largest decline over 10 years | -37.05% | -19.28% | -17.77% |
Current DrawdownCurrent decline from peak | -4.42% | -0.74% | -3.68% |
Average DrawdownAverage peak-to-trough decline | -17.00% | -2.82% | -14.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 1.14% | +1.51% |
Volatility
FOCPX vs. PRSIX - Volatility Comparison
Fidelity OTC Portfolio (FOCPX) has a higher volatility of 8.13% compared to T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) at 2.52%. This indicates that FOCPX's price experiences larger fluctuations and is considered to be riskier than PRSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOCPX | PRSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.13% | 2.52% | +5.61% |
Volatility (6M)Calculated over the trailing 6-month period | 15.35% | 5.24% | +10.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.86% | 6.14% | +12.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.83% | 7.10% | +15.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.51% | 7.42% | +15.09% |
FOCPX vs. PRSIX - Expense Ratio Comparison
FOCPX has a 0.73% expense ratio, which is higher than PRSIX's 0.36% expense ratio.
Dividends
FOCPX vs. PRSIX - Dividend Comparison
FOCPX's dividend yield for the trailing twelve months is around 6.33%, less than PRSIX's 6.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOCPX Fidelity OTC Portfolio | 6.33% | 7.78% | 16.76% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 5.41% |
PRSIX T. Rowe Price Spectrum Conservative Allocation Fund | 6.89% | 7.12% | 3.92% | 3.78% | 5.63% | 7.63% | 3.77% | 5.11% | 5.27% | 3.43% | 2.22% | 4.56% |
Frequently Asked Questions
FOCPX and PRSIX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FOCPX has higher volatility (8.13%) compared to PRSIX (2.52%). In terms of maximum drawdown, FOCPX dropped -70.25% vs PRSIX's -30.00%.
FOCPX currently has the higher Sharpe Ratio (2.80 vs 2.09), 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.
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