PREFX vs. SWLGX
Compare and contrast key facts about T. Rowe Price Tax-Efficient Equity Fund (PREFX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
PREFX is managed by T. Rowe Price. It was launched on Dec 29, 2000. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PREFX or SWLGX.
Key characteristics
| PREFX | SWLGX | |
|---|---|---|
| YTD Return | 33.25% | 32.17% |
| 1Y Return | 44.92% | 45.23% |
| 3Y Return (Ann) | 6.22% | 10.40% |
| 5Y Return (Ann) | 15.88% | 20.14% |
| Sharpe Ratio | 2.63 | 2.62 |
| Sortino Ratio | 3.42 | 3.35 |
| Omega Ratio | 1.48 | 1.48 |
| Calmar Ratio | 2.42 | 3.35 |
| Martin Ratio | 15.03 | 13.17 |
| Ulcer Index | 2.92% | 3.34% |
| Daily Std Dev | 16.71% | 16.80% |
| Max Drawdown | -56.70% | -32.69% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between PREFX and SWLGX is 0.98, 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.
Performance
PREFX vs. SWLGX - Performance Comparison
The year-to-date returns for both stocks are quite close, with PREFX having a 33.25% return and SWLGX slightly lower at 32.17%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PREFX vs. SWLGX - Expense Ratio Comparison
PREFX has a 0.76% expense ratio, which is higher than SWLGX's 0.04% expense ratio.
Risk-Adjusted Performance
PREFX vs. SWLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Tax-Efficient Equity Fund (PREFX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.
Dividends
PREFX vs. SWLGX - Dividend Comparison
PREFX has not paid dividends to shareholders, while SWLGX's dividend yield for the trailing twelve months is around 0.51%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PREFX T. Rowe Price Tax-Efficient Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.16% | 0.18% | 0.26% | 0.22% | 0.04% | 0.05% | 0.30% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.51% | 0.67% | 0.93% | 0.57% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PREFX vs. SWLGX - Drawdown Comparison
The maximum PREFX drawdown since its inception was -56.70%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for PREFX and SWLGX. For additional features, visit the drawdowns tool.
Volatility
PREFX vs. SWLGX - Volatility Comparison
T. Rowe Price Tax-Efficient Equity Fund (PREFX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX) have volatilities of 5.00% and 5.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.