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PRGFX vs. CTCAX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

PRGFX vs. CTCAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Growth Stock Fund (PRGFX) and Columbia Global Technology Growth Fund Class A (CTCAX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PRGFX achieves a 6.97% return, which is significantly lower than CTCAX's 32.06% return. Over the past 10 years, PRGFX has underperformed CTCAX with an annualized return of 16.06%, while CTCAX has yielded a comparatively higher 24.75% annualized return.


PRGFX

1D
-0.44%
1M
6.84%
YTD
6.97%
6M
6.21%
1Y
23.10%
3Y*
24.84%
5Y*
10.81%
10Y*
16.06%

CTCAX

1D
1.47%
1M
17.00%
YTD
32.06%
6M
31.15%
1Y
61.81%
3Y*
36.07%
5Y*
20.96%
10Y*
24.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PRGFX vs. CTCAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PRGFX
T. Rowe Price Growth Stock Fund
6.97%15.64%38.36%45.33%-40.12%19.86%36.92%30.83%-1.04%33.57%
CTCAX
Columbia Global Technology Growth Fund Class A
32.06%24.78%31.39%56.46%-34.81%22.73%49.46%43.91%-1.48%42.99%

Correlation

The correlation between PRGFX and CTCAX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.90

Correlation (5Y)
Calculated over the trailing 5-year period

0.93

Correlation (10Y)
Calculated over the trailing 10-year period

0.94

Correlation (All Time)
Calculated using the full available price history since Nov 1, 2002

0.91

The correlation between PRGFX and CTCAX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

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Return for Risk

PRGFX vs. CTCAX — Risk / Return Rank

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

PRGFX
PRGFX Risk / Return Rank: 2222
Overall Rank
PRGFX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
PRGFX Sortino Ratio Rank: 2525
Sortino Ratio Rank
PRGFX Omega Ratio Rank: 2626
Omega Ratio Rank
PRGFX Calmar Ratio Rank: 1414
Calmar Ratio Rank
PRGFX Martin Ratio Rank: 1515
Martin Ratio Rank

CTCAX
CTCAX Risk / Return Rank: 8383
Overall Rank
CTCAX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
CTCAX Sortino Ratio Rank: 7777
Sortino Ratio Rank
CTCAX Omega Ratio Rank: 7474
Omega Ratio Rank
CTCAX Calmar Ratio Rank: 8989
Calmar Ratio Rank
CTCAX Martin Ratio Rank: 8686
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.

PRGFX vs. CTCAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Growth Stock Fund (PRGFX) and Columbia Global Technology Growth Fund Class A (CTCAX). 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.


PRGFXCTCAXDifference
Sharpe ratioReturn per unit of total volatility

-1.54

Sortino ratioReturn per unit of downside risk

-1.61

Omega ratioGain probability vs. loss probability

1.26

1.49

-0.23

Calmar ratioReturn relative to maximum drawdown

1.32

4.43

-3.12

Martin ratioReturn relative to average drawdown

4.21

16.56

-12.35

PRGFX vs. CTCAX - Sharpe Ratio Comparison

The current PRGFX Sharpe Ratio is 1.50, which is lower than the CTCAX Sharpe Ratio of 3.04. The chart below compares the historical Sharpe Ratios of PRGFX and CTCAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


PRGFXCTCAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.50

3.04

-1.54

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.81

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

1.00

-0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.78

-0.21

Drawdowns

PRGFX vs. CTCAX - Drawdown Comparison

The maximum PRGFX drawdown since its inception was -54.01%, smaller than the maximum CTCAX drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for PRGFX and CTCAX.


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Drawdown Indicators


PRGFXCTCAXDifference

Max Drawdown

Largest peak-to-trough decline

-54.01%

-61.04%

+7.03%

Max Drawdown (1Y)

Largest decline over 1 year

-18.02%

-14.43%

-3.59%

Max Drawdown (3Y)

Largest decline over 3 years

-22.69%

-26.67%

+3.98%

Max Drawdown (5Y)

Largest decline over 5 years

-46.44%

-39.55%

-6.89%

Max Drawdown (10Y)

Largest decline over 10 years

-46.44%

-39.55%

-6.89%

Current Drawdown

Current decline from peak

-0.44%

0.00%

-0.44%

Average Drawdown

Average peak-to-trough decline

-10.67%

-10.68%

+0.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.63%

3.86%

+1.77%

Volatility

PRGFX vs. CTCAX - Volatility Comparison

The current volatility for T. Rowe Price Growth Stock Fund (PRGFX) is 3.59%, while Columbia Global Technology Growth Fund Class A (CTCAX) has a volatility of 6.37%. This indicates that PRGFX experiences smaller price fluctuations and is considered to be less risky than CTCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRGFXCTCAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.59%

6.37%

-2.78%

Volatility (6M)

Calculated over the trailing 6-month period

11.90%

16.72%

-4.82%

Volatility (1Y)

Calculated over the trailing 1-year period

15.82%

21.06%

-5.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.11%

25.98%

-2.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.10%

24.84%

-2.74%

PRGFX vs. CTCAX - Expense Ratio Comparison

PRGFX has a 0.63% expense ratio, which is lower than CTCAX's 1.18% expense ratio.


Dividends

PRGFX vs. CTCAX - Dividend Comparison

PRGFX's dividend yield for the trailing twelve months is around 12.70%, more than CTCAX's 2.49% yield.


PositionTTM20252024202320222021202020192018201720162015
CTCAX
Columbia Global Technology Growth Fund Class A
2.49%3.29%1.08%2.36%3.53%4.15%0.91%2.55%5.82%3.52%0.36%1.80%
PRGFX
T. Rowe Price Growth Stock Fund
12.70%13.58%13.26%3.34%3.55%9.34%3.51%1.81%9.09%13.57%2.22%7.23%

Frequently Asked Questions


With a correlation of 0.90, PRGFX and CTCAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

CTCAX has higher volatility (6.37%) compared to PRGFX (3.59%). In terms of maximum drawdown, PRGFX dropped -54.01% vs CTCAX's -61.04%.

CTCAX currently has the higher Sharpe Ratio (3.04 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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