PCCOX vs. SVPFX

Last updated Apr 2, 2026

Compare and contrast key facts about T. Rowe Price U.S. Equity Research Fund I Class (PCCOX) and Goldman Sachs Strategic Volatility Premium Fund (SVPFX).

PCCOX is a passively managed fund by T. Rowe Price that tracks the performance of the S&P 500 Index. It was launched on Nov 29, 2016. SVPFX is managed by Goldman Sachs. It was launched on Mar 28, 2021.

Performance

PCCOX vs. SVPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price U.S. Equity Research Fund I Class (PCCOX) and Goldman Sachs Strategic Volatility Premium Fund (SVPFX). The values are adjusted to include any dividend payments, if applicable.

PCCOX vs. SVPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PCCOX T. Rowe Price U.S. Equity Research Fund I Class	-4.38%	17.12%	26.56%	29.93%	-18.71%	18.27%
SVPFX Goldman Sachs Strategic Volatility Premium Fund	0.97%	4.19%	3.82%	5.30%	-4.37%	0.78%

Returns By Period

In the year-to-date period, PCCOX achieves a -4.38% return, which is significantly lower than SVPFX's 0.97% return.

PCCOX

• 1D: 3.04%
• 1M: -5.42%
• YTD: -4.38%
• 6M: -1.57%
• 1Y: 17.16%
• 3Y*: 19.40%
• 5Y*: 12.43%
• 10Y*: —

SVPFX

• 1D: 0.10%
• 1M: -0.15%
• YTD: 0.97%
• 6M: 2.58%
• 1Y: 3.37%
• 3Y*: 4.12%
• 5Y*: —
• 10Y*: —

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

PCCOX vs. SVPFX - Expense Ratio Comparison

PCCOX has a 0.34% expense ratio, which is lower than SVPFX's 0.38% expense ratio.

SVPFX

Goldman Sachs Strategic Volatility Premium Fund

PCCOX

T. Rowe Price U.S. Equity Research Fund I Class

Return for Risk

PCCOX vs. SVPFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PCCOX

PCCOX Risk / Return Rank: 50
PCCOX Sharpe Ratio Rank: 44
PCCOX Sortino Ratio Rank: 49
PCCOX Omega Ratio Rank: 51
PCCOX Calmar Ratio Rank: 46
PCCOX Martin Ratio Rank: 59

SVPFX

SVPFX Risk / Return Rank: 20
SVPFX Sharpe Ratio Rank: 13
SVPFX Sortino Ratio Rank: 10
SVPFX Omega Ratio Rank: 39
SVPFX Calmar Ratio Rank: 14
SVPFX Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PCCOX vs. SVPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. Equity Research Fund I Class (PCCOX) and Goldman Sachs Strategic Volatility Premium Fund (SVPFX). 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.

	PCCOX	SVPFX	Difference
Sharpe ratio Return per unit of total volatility	0.97	0.48	+0.49
Sortino ratio Return per unit of downside risk	1.50	0.66	+0.83
Omega ratio Gain probability vs. loss probability	1.23	1.20	+0.02
Calmar ratio Return relative to maximum drawdown	1.30	0.61	+0.69
Martin ratio Return relative to average drawdown	6.14	3.32	+2.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PCCOX vs. SVPFX - Sharpe Ratio Comparison

The current PCCOX Sharpe Ratio is 0.97, which is higher than the SVPFX Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of PCCOX and SVPFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PCCOX	SVPFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	0.48	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.38	+0.41

Correlation

The correlation between PCCOX and SVPFX is 0.11, 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

PCCOX vs. SVPFX - Dividend Comparison

PCCOX's dividend yield for the trailing twelve months is around 1.85%, less than SVPFX's 2.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PCCOX T. Rowe Price U.S. Equity Research Fund I Class	1.85%	1.77%	0.71%	1.22%	1.38%	3.78%	1.12%	1.45%	5.77%	7.18%
SVPFX Goldman Sachs Strategic Volatility Premium Fund	2.48%	1.83%	4.37%	4.29%	0.76%	0.38%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PCCOX vs. SVPFX - Drawdown Comparison

The maximum PCCOX drawdown since its inception was -34.42%, which is greater than SVPFX's maximum drawdown of -6.37%. Use the drawdown chart below to compare losses from any high point for PCCOX and SVPFX.

Drawdown Indicators

	PCCOX	SVPFX	Difference
Max Drawdown Largest peak-to-trough decline	-34.42%	-6.37%	-28.05%
Max Drawdown (1Y) Largest decline over 1 year	-12.19%	-5.22%	-6.97%
Max Drawdown (5Y) Largest decline over 5 years	-24.90%	—	—
Current Drawdown Current decline from peak	-6.54%	-0.35%	-6.19%
Average Drawdown Average peak-to-trough decline	-4.57%	-1.99%	-2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	0.98%	+1.60%

Volatility

PCCOX vs. SVPFX - Volatility Comparison

T. Rowe Price U.S. Equity Research Fund I Class (PCCOX) has a higher volatility of 5.64% compared to Goldman Sachs Strategic Volatility Premium Fund (SVPFX) at 0.85%. This indicates that PCCOX's price experiences larger fluctuations and is considered to be riskier than SVPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PCCOX	SVPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.64%	0.85%	+4.79%
Volatility (6M) Calculated over the trailing 6-month period	9.35%	1.37%	+7.98%
Volatility (1Y) Calculated over the trailing 1-year period	18.35%	8.01%	+10.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.32%	5.59%	+11.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.80%	5.59%	+13.21%