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

Key characteristics


PRGTXPRHSX
YTD Return33.82%13.25%
1Y Return48.30%19.97%
3Y Return (Ann)-15.78%-4.53%
5Y Return (Ann)6.53%4.76%
10Y Return (Ann)2.86%3.10%
Sharpe Ratio2.111.20
Sortino Ratio2.721.62
Omega Ratio1.371.22
Calmar Ratio0.780.59
Martin Ratio9.575.93
Ulcer Index4.97%2.91%
Daily Std Dev22.55%14.33%
Max Drawdown-73.10%-47.79%
Current Drawdown-42.14%-15.02%

Correlation

-0.50.00.51.00.7

The correlation between PRGTX and PRHSX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

PRGTX vs. PRHSX - Performance Comparison

In the year-to-date period, PRGTX achieves a 33.82% return, which is significantly higher than PRHSX's 13.25% return. Over the past 10 years, PRGTX has underperformed PRHSX with an annualized return of 2.86%, while PRHSX has yielded a comparatively higher 3.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%150.00%200.00%250.00%300.00%350.00%JuneJulyAugustSeptemberOctoberNovember
142.61%
331.30%
PRGTX
PRHSX

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PRGTX vs. PRHSX - Expense Ratio Comparison

PRGTX has a 0.95% expense ratio, which is higher than PRHSX's 0.80% expense ratio.


PRGTX
T. Rowe Price Global Technology Fund
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%
Expense ratio chart for PRHSX: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%

Risk-Adjusted Performance

PRGTX vs. PRHSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Technology Fund (PRGTX) and T. Rowe Price Health Sciences Fund (PRHSX). 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 2.11, compared to the broader market0.002.004.002.11
Sortino ratio
The chart of Sortino ratio for PRGTX, currently valued at 2.72, compared to the broader market0.005.0010.002.72
Omega ratio
The chart of Omega ratio for PRGTX, currently valued at 1.37, compared to the broader market1.002.003.004.001.37
Calmar ratio
The chart of Calmar ratio for PRGTX, currently valued at 0.78, compared to the broader market0.005.0010.0015.0020.000.78
Martin ratio
The chart of Martin ratio for PRGTX, currently valued at 9.57, compared to the broader market0.0020.0040.0060.0080.00100.009.57
PRHSX
Sharpe ratio
The chart of Sharpe ratio for PRHSX, currently valued at 1.20, compared to the broader market0.002.004.001.20
Sortino ratio
The chart of Sortino ratio for PRHSX, currently valued at 1.62, compared to the broader market0.005.0010.001.62
Omega ratio
The chart of Omega ratio for PRHSX, currently valued at 1.22, compared to the broader market1.002.003.004.001.22
Calmar ratio
The chart of Calmar ratio for PRHSX, currently valued at 0.59, compared to the broader market0.005.0010.0015.0020.000.59
Martin ratio
The chart of Martin ratio for PRHSX, currently valued at 5.93, compared to the broader market0.0020.0040.0060.0080.00100.005.93

PRGTX vs. PRHSX - Sharpe Ratio Comparison

The current PRGTX Sharpe Ratio is 2.11, which is higher than the PRHSX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of PRGTX and PRHSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.11
1.20
PRGTX
PRHSX

Dividends

PRGTX vs. PRHSX - Dividend Comparison

Neither PRGTX nor PRHSX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PRGTX
T. Rowe Price Global Technology Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.08%
PRHSX
T. Rowe Price Health Sciences Fund
0.00%0.00%0.00%0.00%0.00%0.06%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PRGTX vs. PRHSX - Drawdown Comparison

The maximum PRGTX drawdown since its inception was -73.10%, which is greater than PRHSX's maximum drawdown of -47.79%. Use the drawdown chart below to compare losses from any high point for PRGTX and PRHSX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-42.14%
-15.02%
PRGTX
PRHSX

Volatility

PRGTX vs. PRHSX - Volatility Comparison

T. Rowe Price Global Technology Fund (PRGTX) has a higher volatility of 6.18% compared to T. Rowe Price Health Sciences Fund (PRHSX) at 4.16%. This indicates that PRGTX's price experiences larger fluctuations and is considered to be riskier than PRHSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.18%
4.16%
PRGTX
PRHSX