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PRGTX vs. DRGTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


PRGTXDRGTX
YTD Return22.21%21.76%
1Y Return39.27%36.07%
3Y Return (Ann)-9.06%4.80%
5Y Return (Ann)11.75%18.81%
10Y Return (Ann)14.05%17.36%
Sharpe Ratio1.751.50
Daily Std Dev22.37%23.84%
Max Drawdown-72.11%-83.33%
Current Drawdown-30.48%-7.20%

Correlation

-0.50.00.51.00.9

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.


-10.00%-5.00%0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
6.80%
8.13%
PRGTX
DRGTX

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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.


DRGTX
Virtus Technology Fund
Expense ratio chart for DRGTX: current value at 1.16% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.16%
Expense ratio chart for PRGTX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

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.


PRGTX
Sharpe ratio
The chart of Sharpe ratio for PRGTX, currently valued at 1.75, compared to the broader market-1.000.001.002.003.004.005.001.75
Sortino ratio
The chart of Sortino ratio for PRGTX, currently valued at 2.33, compared to the broader market0.005.0010.002.33
Omega ratio
The chart of Omega ratio for PRGTX, currently valued at 1.31, compared to the broader market1.002.003.004.001.31
Calmar ratio
The chart of Calmar ratio for PRGTX, currently valued at 0.74, compared to the broader market0.005.0010.0015.0020.000.74
Martin ratio
The chart of Martin ratio for PRGTX, currently valued at 8.10, compared to the broader market0.0020.0040.0060.0080.008.10
DRGTX
Sharpe ratio
The chart of Sharpe ratio for DRGTX, currently valued at 1.50, compared to the broader market-1.000.001.002.003.004.005.001.50
Sortino ratio
The chart of Sortino ratio for DRGTX, currently valued at 2.01, compared to the broader market0.005.0010.002.01
Omega ratio
The chart of Omega ratio for DRGTX, currently valued at 1.27, compared to the broader market1.002.003.004.001.27
Calmar ratio
The chart of Calmar ratio for DRGTX, currently valued at 1.24, compared to the broader market0.005.0010.0015.0020.001.24
Martin ratio
The chart of Martin ratio for DRGTX, currently valued at 7.16, compared to the broader market0.0020.0040.0060.0080.007.16

PRGTX vs. DRGTX - Sharpe Ratio Comparison

The current PRGTX Sharpe Ratio is 1.75, which roughly equals the DRGTX Sharpe Ratio of 1.50. The chart below compares the 12-month rolling Sharpe Ratio of PRGTX and DRGTX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
1.75
1.50
PRGTX
DRGTX

Dividends

PRGTX vs. DRGTX - Dividend Comparison

Neither PRGTX nor DRGTX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PRGTX
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%
DRGTX
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.


-40.00%-30.00%-20.00%-10.00%0.00%AprilMayJuneJulyAugustSeptember
-30.48%
-7.20%
PRGTX
DRGTX

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.


4.00%6.00%8.00%10.00%12.00%AprilMayJuneJulyAugustSeptember
7.87%
8.14%
PRGTX
DRGTX