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PNAIX vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

PNAIX vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price All-Cap Opportunities Fund I Class (PNAIX) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


PNAIX

1D
2.25%
1M
-1.01%
YTD
-1.66%
6M
-1.61%
1Y
10.14%
3Y*
17.41%
5Y*
9.52%
10Y*
15.46%

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PNAIX vs. USD=X - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PNAIX
T. Rowe Price All-Cap Opportunities Fund I Class
-1.66%16.53%25.43%29.18%-21.25%20.76%44.92%35.66%1.40%20.15%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

PNAIX vs. USD=X — Risk / Return Rank

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

PNAIX
PNAIX Risk / Return Rank: 1313
Overall Rank
PNAIX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
PNAIX Sortino Ratio Rank: 1313
Sortino Ratio Rank
PNAIX Omega Ratio Rank: 1313
Omega Ratio Rank
PNAIX Calmar Ratio Rank: 1111
Calmar Ratio Rank
PNAIX Martin Ratio Rank: 1313
Martin Ratio Rank

USD=X

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

PNAIX vs. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price All-Cap Opportunities Fund I Class (PNAIX) and USD Cash (USD=X). 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.


PNAIXUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.14

Calmar ratioReturn relative to maximum drawdown

0.75

Martin ratioReturn relative to average drawdown

2.60

PNAIX vs. USD=X - Sharpe Ratio Comparison


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Drawdowns

PNAIX vs. USD=X - Drawdown Comparison

The maximum PNAIX drawdown since its inception was -30.49%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for PNAIX and USD=X.


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Drawdown Indicators


PNAIXUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-30.49%

0.00%

-30.49%

Max Drawdown (1Y)

Largest decline over 1 year

-14.02%

0.00%

-14.02%

Max Drawdown (3Y)

Largest decline over 3 years

-19.05%

0.00%

-19.05%

Max Drawdown (5Y)

Largest decline over 5 years

-29.29%

0.00%

-29.29%

Max Drawdown (10Y)

Largest decline over 10 years

-30.49%

0.00%

-30.49%

Current Drawdown

Current decline from peak

-3.56%

0.00%

-3.56%

Average Drawdown

Average peak-to-trough decline

-5.52%

0.00%

-5.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.01%

0.00%

+4.01%

Volatility

PNAIX vs. USD=X - Volatility Comparison

T. Rowe Price All-Cap Opportunities Fund I Class (PNAIX) has a higher volatility of 5.17% compared to USD Cash (USD=X) at 0.00%. This indicates that PNAIX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PNAIXUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.17%

0.00%

+5.17%

Volatility (6M)

Calculated over the trailing 6-month period

11.38%

0.00%

+11.38%

Volatility (1Y)

Calculated over the trailing 1-year period

13.90%

0.00%

+13.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.69%

0.00%

+17.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.20%

0.00%

+19.20%

Frequently Asked Questions


PNAIX has higher volatility (5.17%) compared to USD=X (0.00%). In terms of maximum drawdown, PNAIX dropped -30.49% vs USD=X's 0.00%.

Portfolio Optimizer

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