PRGTX vs. DRGTX
Compare and contrast key facts about T. Rowe Price Global Technology Fund (PRGTX) and Virtus Technology Fund (DRGTX).
PRGTX is managed by T. Rowe Price. It was launched on Sep 28, 2000. DRGTX is managed by Allianz Global Investors. It was launched on Dec 26, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRGTX or DRGTX.
Key characteristics
PRGTX | DRGTX | |
---|---|---|
YTD Return | 22.21% | 21.76% |
1Y Return | 39.27% | 36.07% |
3Y Return (Ann) | -9.06% | 4.80% |
5Y Return (Ann) | 11.75% | 18.81% |
10Y Return (Ann) | 14.05% | 17.36% |
Sharpe Ratio | 1.75 | 1.50 |
Daily Std Dev | 22.37% | 23.84% |
Max Drawdown | -72.11% | -83.33% |
Current Drawdown | -30.48% | -7.20% |
Correlation
The correlation between PRGTX and DRGTX is 0.91, 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
PRGTX vs. DRGTX - Performance Comparison
The year-to-date returns for both stocks are quite close, with PRGTX having a 22.21% return and DRGTX slightly lower at 21.76%. Over the past 10 years, PRGTX has underperformed DRGTX with an annualized return of 14.05%, while DRGTX has yielded a comparatively higher 17.36% 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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PRGTX vs. DRGTX - Expense Ratio Comparison
PRGTX has a 0.95% expense ratio, which is lower than DRGTX's 1.16% expense ratio.
Risk-Adjusted Performance
PRGTX vs. DRGTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Technology Fund (PRGTX) and Virtus Technology Fund (DRGTX). 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
PRGTX vs. DRGTX - Dividend Comparison
Neither PRGTX nor DRGTX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
T. Rowe Price Global Technology Fund | 0.00% | 0.00% | 3.28% | 27.51% | 5.05% | 0.07% | 24.67% | 15.81% | 9.46% | 10.03% | 26.70% | 10.76% |
Virtus Technology Fund | 0.00% | 0.00% | 18.86% | 28.27% | 16.84% | 17.12% | 21.77% | 16.26% | 5.15% | 15.96% | 18.98% | 7.14% |
Drawdowns
PRGTX vs. DRGTX - Drawdown Comparison
The maximum PRGTX drawdown since its inception was -72.11%, smaller than the maximum DRGTX drawdown of -83.33%. Use the drawdown chart below to compare losses from any high point for PRGTX and DRGTX. For additional features, visit the drawdowns tool.
Volatility
PRGTX vs. DRGTX - Volatility Comparison
T. Rowe Price Global Technology Fund (PRGTX) and Virtus Technology Fund (DRGTX) have volatilities of 7.87% and 8.14%, 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.