NJTFX vs. TBCIX
Compare and contrast key facts about T. Rowe Price New Jersey Tax Free Bond Fund (NJTFX) and T. Rowe Price Blue Chip Growth Fund I Class (TBCIX).
NJTFX is managed by T. Rowe Price. It was launched on Apr 29, 1991. TBCIX is managed by T. Rowe Price.
Performance
NJTFX vs. TBCIX - Performance Comparison
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NJTFX vs. TBCIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NJTFX T. Rowe Price New Jersey Tax Free Bond Fund | 0.02% | 6.48% | 2.88% | 7.18% | -10.24% | 2.67% | 4.73% | 6.65% | 1.31% | 5.30% |
TBCIX T. Rowe Price Blue Chip Growth Fund I Class | -14.54% | 18.94% | 48.73% | 49.61% | -38.48% | 18.30% | 34.90% | 30.30% | 2.13% | 36.68% |
Returns By Period
In the year-to-date period, NJTFX achieves a 0.02% return, which is significantly higher than TBCIX's -14.54% return. Over the past 10 years, NJTFX has underperformed TBCIX with an annualized return of 2.47%, while TBCIX has yielded a comparatively higher 15.65% annualized return.
NJTFX
- 1D
- 0.18%
- 1M
- -2.42%
- YTD
- 0.02%
- 6M
- 2.64%
- 1Y
- 7.16%
- 3Y*
- 4.32%
- 5Y*
- 1.57%
- 10Y*
- 2.47%
TBCIX
- 1D
- -0.35%
- 1M
- -8.84%
- YTD
- -14.54%
- 6M
- -12.75%
- 1Y
- 11.84%
- 3Y*
- 24.77%
- 5Y*
- 10.38%
- 10Y*
- 15.65%
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NJTFX vs. TBCIX - Expense Ratio Comparison
Both NJTFX and TBCIX have an expense ratio of 0.56%.
Return for Risk
NJTFX vs. TBCIX — Risk / Return Rank
NJTFX
TBCIX
NJTFX vs. TBCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Jersey Tax Free Bond Fund (NJTFX) and T. Rowe Price Blue Chip Growth Fund I Class (TBCIX). 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.
| NJTFX | TBCIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.57 | 0.54 | +1.04 |
Sortino ratioReturn per unit of downside risk | 2.10 | 0.94 | +1.16 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.13 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 1.64 | 0.50 | +1.14 |
Martin ratioReturn relative to average drawdown | 5.78 | 1.75 | +4.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NJTFX | TBCIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 0.54 | +1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.44 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.69 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.26 | 0.66 | +0.60 |
Correlation
The correlation between NJTFX and TBCIX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
NJTFX vs. TBCIX - Dividend Comparison
NJTFX's dividend yield for the trailing twelve months is around 6.17%, more than TBCIX's 6.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NJTFX T. Rowe Price New Jersey Tax Free Bond Fund | 6.17% | 5.81% | 3.19% | 3.27% | 2.03% | 2.56% | 2.79% | 2.84% | 3.13% | 3.13% | 3.26% | 3.36% |
TBCIX T. Rowe Price Blue Chip Growth Fund I Class | 6.09% | 5.20% | 18.28% | 3.47% | 5.84% | 10.03% | 1.18% | 0.59% | 2.50% | 3.05% | 0.81% | 0.00% |
Drawdowns
NJTFX vs. TBCIX - Drawdown Comparison
The maximum NJTFX drawdown since its inception was -15.19%, smaller than the maximum TBCIX drawdown of -43.26%. Use the drawdown chart below to compare losses from any high point for NJTFX and TBCIX.
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Drawdown Indicators
| NJTFX | TBCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.19% | -43.26% | +28.07% |
Max Drawdown (1Y)Largest decline over 1 year | -4.84% | -16.96% | +12.12% |
Max Drawdown (5Y)Largest decline over 5 years | -15.19% | -43.26% | +28.07% |
Max Drawdown (10Y)Largest decline over 10 years | -15.19% | -43.26% | +28.07% |
Current DrawdownCurrent decline from peak | -2.42% | -16.96% | +14.54% |
Average DrawdownAverage peak-to-trough decline | -1.82% | -8.15% | +6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 4.87% | -3.50% |
Volatility
NJTFX vs. TBCIX - Volatility Comparison
The current volatility for T. Rowe Price New Jersey Tax Free Bond Fund (NJTFX) is 1.04%, while T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) has a volatility of 5.58%. This indicates that NJTFX experiences smaller price fluctuations and is considered to be less risky than TBCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NJTFX | TBCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 5.58% | -4.54% |
Volatility (6M)Calculated over the trailing 6-month period | 1.77% | 11.76% | -9.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.95% | 22.49% | -17.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.96% | 23.88% | -19.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.86% | 22.69% | -18.83% |