PRCHX vs. PRWAX
Compare and contrast key facts about T. Rowe Price Capital Appreciation and Income Fund Class I (PRCHX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
PRCHX is an actively managed fund by T. Rowe Price. It was launched on Nov 29, 2023. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Performance
PRCHX vs. PRWAX - Performance Comparison
Loading graphics...
PRCHX vs. PRWAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PRCHX T. Rowe Price Capital Appreciation and Income Fund Class I | -3.52% | 13.68% | 8.92% | 3.12% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | -12.37% | 26.78% | 25.24% | 3.90% |
Returns By Period
In the year-to-date period, PRCHX achieves a -3.52% return, which is significantly higher than PRWAX's -12.37% return.
PRCHX
- 1D
- 0.14%
- 1M
- -4.30%
- YTD
- -3.52%
- 6M
- -1.05%
- 1Y
- 8.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRWAX
- 1D
- -0.24%
- 1M
- -9.15%
- YTD
- -12.37%
- 6M
- -3.78%
- 1Y
- 16.34%
- 3Y*
- 18.79%
- 5Y*
- 10.36%
- 10Y*
- 16.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRCHX vs. PRWAX - Expense Ratio Comparison
PRCHX has a 0.49% expense ratio, which is lower than PRWAX's 0.76% expense ratio.
Return for Risk
PRCHX vs. PRWAX — Risk / Return Rank
PRCHX
PRWAX
PRCHX vs. PRWAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Capital Appreciation and Income Fund Class I (PRCHX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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.
| PRCHX | PRWAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 0.87 | +0.42 |
Sortino ratioReturn per unit of downside risk | 1.90 | 1.42 | +0.48 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.20 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.02 | +0.77 |
Martin ratioReturn relative to average drawdown | 8.24 | 3.79 | +4.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PRCHX | PRWAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 0.87 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.45 | 0.59 | +0.86 |
Correlation
The correlation between PRCHX and PRWAX is 0.84, 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
PRCHX vs. PRWAX - Dividend Comparison
PRCHX's dividend yield for the trailing twelve months is around 5.25%, less than PRWAX's 19.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRCHX T. Rowe Price Capital Appreciation and Income Fund Class I | 5.25% | 5.08% | 3.22% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 19.01% | 16.66% | 9.22% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% |
Drawdowns
PRCHX vs. PRWAX - Drawdown Comparison
The maximum PRCHX drawdown since its inception was -6.10%, smaller than the maximum PRWAX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for PRCHX and PRWAX.
Loading graphics...
Drawdown Indicators
| PRCHX | PRWAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.10% | -55.06% | +48.96% |
Max Drawdown (1Y)Largest decline over 1 year | -5.03% | -14.05% | +9.02% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.38% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.50% | — |
Current DrawdownCurrent decline from peak | -4.36% | -14.05% | +9.69% |
Average DrawdownAverage peak-to-trough decline | -0.65% | -9.92% | +9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 3.79% | -2.70% |
Volatility
PRCHX vs. PRWAX - Volatility Comparison
The current volatility for T. Rowe Price Capital Appreciation and Income Fund Class I (PRCHX) is 2.15%, while T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a volatility of 4.90%. This indicates that PRCHX experiences smaller price fluctuations and is considered to be less risky than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRCHX | PRWAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.15% | 4.90% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 3.82% | 12.45% | -8.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.44% | 19.42% | -11.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.51% | 17.88% | -11.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.51% | 18.82% | -12.31% |