PREFX vs. VTSAX
Compare and contrast key facts about T. Rowe Price Tax-Efficient Equity Fund (PREFX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX).
PREFX is managed by T. Rowe Price. It was launched on Dec 29, 2000. VTSAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PREFX or VTSAX.
Key characteristics
| PREFX | VTSAX | |
|---|---|---|
| YTD Return | 24.45% | 19.72% |
| 1Y Return | 38.77% | 31.02% |
| 3Y Return (Ann) | 7.54% | 9.51% |
| 5Y Return (Ann) | 16.14% | 14.92% |
| 10Y Return (Ann) | 14.73% | 12.58% |
| Sharpe Ratio | 2.16 | 2.27 |
| Daily Std Dev | 17.15% | 13.15% |
| Max Drawdown | -56.70% | -55.34% |
| Current Drawdown | -1.08% | 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.
Performance
PREFX vs. VTSAX - Performance Comparison
In the year-to-date period, PREFX achieves a 24.45% return, which is significantly higher than VTSAX's 19.72% return. Over the past 10 years, PREFX has outperformed VTSAX with an annualized return of 14.73%, while VTSAX has yielded a comparatively lower 12.58% annualized return. 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. VTSAX - Expense Ratio Comparison
PREFX has a 0.76% expense ratio, which is higher than VTSAX's 0.04% expense ratio.
Risk-Adjusted Performance
PREFX vs. VTSAX - Risk-Adjusted Performance 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.
Dividends
PREFX vs. VTSAX - Dividend Comparison
PREFX's dividend yield for the trailing twelve months is around 0.49%, less than VTSAX's 1.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PREFX T. Rowe Price Tax-Efficient Equity Fund | 0.49% | 0.61% | 0.88% | 2.09% | 1.98% | 0.55% | 1.36% | 3.08% | 0.22% | 0.55% | 4.27% | 2.27% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 1.01% | 1.43% | 1.65% | 1.20% | 1.41% | 1.76% | 2.03% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
PREFX vs. VTSAX - Drawdown Comparison
The maximum PREFX drawdown since its inception was -56.70%, roughly equal to the maximum VTSAX drawdown of -55.34%. Use the drawdown chart below to compare losses from any high point for PREFX and VTSAX. For additional features, visit the drawdowns tool.
Volatility
PREFX vs. VTSAX - Volatility Comparison
T. Rowe Price Tax-Efficient Equity Fund (PREFX) has a higher volatility of 6.01% 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.