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PCCOX vs. VPMAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PCCOX vs. VPMAX - 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 Vanguard PRIMECAP Fund Admiral Shares (VPMAX). The values are adjusted to include any dividend payments, if applicable.

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PCCOX vs. VPMAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PCCOX
T. Rowe Price U.S. Equity Research Fund I Class
-4.38%17.12%26.56%29.93%-18.71%28.17%19.96%33.13%-4.55%23.01%
VPMAX
Vanguard PRIMECAP Fund Admiral Shares
-2.75%54.11%13.30%28.25%-15.16%21.72%17.23%27.88%-1.93%27.21%

Returns By Period

In the year-to-date period, PCCOX achieves a -4.38% return, which is significantly lower than VPMAX's -2.75% return.


PCCOX

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

VPMAX

1D
3.30%
1M
-6.80%
YTD
-2.75%
6M
24.32%
1Y
51.98%
3Y*
26.74%
5Y*
15.10%
10Y*
16.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PCCOX vs. VPMAX - Expense Ratio Comparison

PCCOX has a 0.34% expense ratio, which is higher than VPMAX's 0.31% expense ratio.


Return for Risk

PCCOX vs. VPMAX — Risk / Return Rank

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

PCCOX
PCCOX Risk / Return Rank: 5050
Overall Rank
PCCOX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
PCCOX Sortino Ratio Rank: 4949
Sortino Ratio Rank
PCCOX Omega Ratio Rank: 5151
Omega Ratio Rank
PCCOX Calmar Ratio Rank: 4646
Calmar Ratio Rank
PCCOX Martin Ratio Rank: 5959
Martin Ratio Rank

VPMAX
VPMAX Risk / Return Rank: 9494
Overall Rank
VPMAX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
VPMAX Sortino Ratio Rank: 9595
Sortino Ratio Rank
VPMAX Omega Ratio Rank: 9494
Omega Ratio Rank
VPMAX Calmar Ratio Rank: 9696
Calmar Ratio Rank
VPMAX Martin Ratio Rank: 9797
Martin Ratio Rank
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. VPMAX - 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 Vanguard PRIMECAP Fund Admiral Shares (VPMAX). 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.


PCCOXVPMAXDifference

Sharpe ratio

Return per unit of total volatility

0.97

1.78

-0.81

Sortino ratio

Return per unit of downside risk

1.50

3.30

-1.80

Omega ratio

Gain probability vs. loss probability

1.23

1.48

-0.25

Calmar ratio

Return relative to maximum drawdown

1.30

3.76

-2.46

Martin ratio

Return relative to average drawdown

6.14

16.16

-10.02

PCCOX vs. VPMAX - Sharpe Ratio Comparison

The current PCCOX Sharpe Ratio is 0.97, which is lower than the VPMAX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of PCCOX and VPMAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PCCOXVPMAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.97

1.78

-0.81

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.75

-0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.84

Sharpe Ratio (All Time)

Calculated using the full available price history

0.79

0.62

+0.17

Correlation

The correlation between PCCOX and VPMAX is 0.92, 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.


Dividends

PCCOX vs. VPMAX - Dividend Comparison

PCCOX's dividend yield for the trailing twelve months is around 1.85%, less than VPMAX's 32.75% yield.


TTM20252024202320222021202020192018201720162015
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%0.00%0.00%
VPMAX
Vanguard PRIMECAP Fund Admiral Shares
32.75%31.85%6.71%7.24%9.94%10.18%9.82%7.23%8.43%4.52%5.13%5.99%

Drawdowns

PCCOX vs. VPMAX - Drawdown Comparison

The maximum PCCOX drawdown since its inception was -34.42%, smaller than the maximum VPMAX drawdown of -48.32%. Use the drawdown chart below to compare losses from any high point for PCCOX and VPMAX.


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Drawdown Indicators


PCCOXVPMAXDifference

Max Drawdown

Largest peak-to-trough decline

-34.42%

-48.32%

+13.90%

Max Drawdown (1Y)

Largest decline over 1 year

-12.19%

-13.75%

+1.56%

Max Drawdown (5Y)

Largest decline over 5 years

-24.90%

-25.21%

+0.31%

Max Drawdown (10Y)

Largest decline over 10 years

-32.65%

Current Drawdown

Current decline from peak

-6.54%

-8.80%

+2.26%

Average Drawdown

Average peak-to-trough decline

-4.57%

-6.61%

+2.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.58%

3.20%

-0.62%

Volatility

PCCOX vs. VPMAX - Volatility Comparison

The current volatility for T. Rowe Price U.S. Equity Research Fund I Class (PCCOX) is 5.64%, while Vanguard PRIMECAP Fund Admiral Shares (VPMAX) has a volatility of 6.72%. This indicates that PCCOX experiences smaller price fluctuations and is considered to be less risky than VPMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PCCOXVPMAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.64%

6.72%

-1.08%

Volatility (6M)

Calculated over the trailing 6-month period

9.35%

22.09%

-12.74%

Volatility (1Y)

Calculated over the trailing 1-year period

18.35%

28.98%

-10.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.32%

20.17%

-2.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.80%

20.11%

-1.31%