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PREFX vs. VTSAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PREFX vs. VTSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Tax-Efficient Equity Fund (PREFX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

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PREFX vs. VTSAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PREFX
T. Rowe Price Tax-Efficient Equity Fund
-12.80%16.30%32.37%36.98%-30.52%22.19%35.32%36.59%-0.46%28.80%
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares
-6.75%17.12%23.23%26.51%-19.52%25.72%20.98%30.79%-5.18%21.16%

Returns By Period

In the year-to-date period, PREFX achieves a -12.80% return, which is significantly lower than VTSAX's -6.75% return. Over the past 10 years, PREFX has outperformed VTSAX with an annualized return of 14.55%, while VTSAX has yielded a comparatively lower 13.27% annualized return.


PREFX

1D
-0.59%
1M
-8.96%
YTD
-12.80%
6M
-12.38%
1Y
11.92%
3Y*
17.95%
5Y*
9.15%
10Y*
14.55%

VTSAX

1D
-0.46%
1M
-7.71%
YTD
-6.75%
6M
-4.47%
1Y
14.76%
3Y*
16.69%
5Y*
10.11%
10Y*
13.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PREFX vs. VTSAX - Expense Ratio Comparison

PREFX has a 0.76% expense ratio, which is higher than VTSAX's 0.04% expense ratio.


Return for Risk

PREFX vs. VTSAX — Risk / Return Rank

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

PREFX
PREFX Risk / Return Rank: 2424
Overall Rank
PREFX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
PREFX Sortino Ratio Rank: 2727
Sortino Ratio Rank
PREFX Omega Ratio Rank: 2626
Omega Ratio Rank
PREFX Calmar Ratio Rank: 2424
Calmar Ratio Rank
PREFX Martin Ratio Rank: 2222
Martin Ratio Rank

VTSAX
VTSAX Risk / Return Rank: 4646
Overall Rank
VTSAX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
VTSAX Sortino Ratio Rank: 4545
Sortino Ratio Rank
VTSAX Omega Ratio Rank: 4949
Omega Ratio Rank
VTSAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
VTSAX Martin Ratio Rank: 5353
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.

PREFX vs. VTSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Tax-Efficient Equity Fund (PREFX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.


PREFXVTSAXDifference

Sharpe ratio

Return per unit of total volatility

0.57

0.84

-0.27

Sortino ratio

Return per unit of downside risk

0.98

1.29

-0.31

Omega ratio

Gain probability vs. loss probability

1.14

1.20

-0.06

Calmar ratio

Return relative to maximum drawdown

0.69

1.05

-0.35

Martin ratio

Return relative to average drawdown

2.30

5.08

-2.78

PREFX vs. VTSAX - Sharpe Ratio Comparison

The current PREFX Sharpe Ratio is 0.57, which is lower than the VTSAX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of PREFX and VTSAX, 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


PREFXVTSAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.57

0.84

-0.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.43

0.59

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.72

-0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.43

0.00

Correlation

The correlation between PREFX and VTSAX is 0.94, 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

PREFX vs. VTSAX - Dividend Comparison

PREFX has not paid dividends to shareholders, while VTSAX's dividend yield for the trailing twelve months is around 1.20%.


TTM20252024202320222021202020192018201720162015
PREFX
T. Rowe Price Tax-Efficient Equity Fund
0.00%0.00%0.85%0.61%0.88%2.09%1.98%0.94%1.36%2.82%0.22%0.55%
VTSAX
Vanguard Total Stock Market Index Fund Admiral Shares
1.20%1.11%1.26%1.42%1.65%1.20%1.41%1.76%2.03%1.71%1.92%1.98%

Drawdowns

PREFX vs. VTSAX - Drawdown Comparison

The maximum PREFX drawdown since its inception was -56.70%, roughly equal to the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for PREFX and VTSAX.


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Drawdown Indicators


PREFXVTSAXDifference

Max Drawdown

Largest peak-to-trough decline

-56.70%

-55.33%

-1.37%

Max Drawdown (1Y)

Largest decline over 1 year

-16.18%

-12.41%

-3.77%

Max Drawdown (5Y)

Largest decline over 5 years

-35.95%

-25.36%

-10.59%

Max Drawdown (10Y)

Largest decline over 10 years

-35.95%

-34.97%

-0.98%

Current Drawdown

Current decline from peak

-16.18%

-8.92%

-7.26%

Average Drawdown

Average peak-to-trough decline

-10.31%

-9.06%

-1.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.88%

2.56%

+2.32%

Volatility

PREFX vs. VTSAX - Volatility Comparison

T. Rowe Price Tax-Efficient Equity Fund (PREFX) has a higher volatility of 5.44% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 4.39%. This indicates that PREFX's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PREFXVTSAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.44%

4.39%

+1.05%

Volatility (6M)

Calculated over the trailing 6-month period

11.78%

9.33%

+2.45%

Volatility (1Y)

Calculated over the trailing 1-year period

22.00%

18.42%

+3.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.63%

17.32%

+4.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.18%

18.37%

+2.81%