PRHSX vs. ONEQ
Compare and contrast key facts about T. Rowe Price Health Sciences Fund (PRHSX) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ).
PRHSX is managed by T. Rowe Price. It was launched on Dec 29, 1995. ONEQ is a passively managed fund by Fidelity that tracks the performance of the NASDAQ Composite Index. It was launched on Sep 25, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRHSX or ONEQ.
Correlation
The correlation between PRHSX and ONEQ is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRHSX vs. ONEQ - Performance Comparison
Key characteristics
PRHSX:
-0.74
ONEQ:
1.00
PRHSX:
-0.83
ONEQ:
1.39
PRHSX:
0.87
ONEQ:
1.18
PRHSX:
-0.41
ONEQ:
1.40
PRHSX:
-1.40
ONEQ:
4.93
PRHSX:
9.42%
ONEQ:
3.75%
PRHSX:
17.68%
ONEQ:
18.56%
PRHSX:
-47.79%
ONEQ:
-55.09%
PRHSX:
-29.22%
ONEQ:
-6.52%
Returns By Period
In the year-to-date period, PRHSX achieves a 4.25% return, which is significantly higher than ONEQ's -2.37% return. Over the past 10 years, PRHSX has underperformed ONEQ with an annualized return of 0.72%, while ONEQ has yielded a comparatively higher 15.42% annualized return.
PRHSX
4.25%
-1.84%
-19.09%
-12.52%
1.50%
0.72%
ONEQ
-2.37%
-3.80%
6.69%
16.67%
18.05%
15.42%
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PRHSX vs. ONEQ - Expense Ratio Comparison
PRHSX has a 0.80% expense ratio, which is higher than ONEQ's 0.21% expense ratio.
Risk-Adjusted Performance
PRHSX vs. ONEQ — Risk-Adjusted Performance Rank
PRHSX
ONEQ
PRHSX vs. ONEQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Health Sciences Fund (PRHSX) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). 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
PRHSX vs. ONEQ - Dividend Comparison
PRHSX's dividend yield for the trailing twelve months is around 0.01%, less than ONEQ's 0.67% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
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Drawdowns
PRHSX vs. ONEQ - Drawdown Comparison
The maximum PRHSX drawdown since its inception was -47.79%, smaller than the maximum ONEQ drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for PRHSX and ONEQ. For additional features, visit the drawdowns tool.
Volatility
PRHSX vs. ONEQ - Volatility Comparison
The current volatility for T. Rowe Price Health Sciences Fund (PRHSX) is NaN%, while Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) has a volatility of NaN%. This indicates that PRHSX experiences smaller price fluctuations and is considered to be less risky than ONEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with PRHSX or ONEQ
Recent discussions
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Hello, from the charts, SPY seems to be outperforming its benchmark ^GSPC. That looks strange. From my understanding, SPY is designed to closely track the S&P 500.
Could there be an error in the charts?
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I am trying to understand how to make the best use of transactional portfolios. At first I thought it is useful when tracking the performance of a self-managed fund. You add cash to it, transact in equities, adding each transaction to the portfolio. It then shows you its performance wrt. to a benchmark. The broker does this for you anyway, but the whole reason I started evaluating Portfolioslab is so that I can separate my single broker account into thematic baskets ("thematic funds") and track their performance individually.
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Making constant changes to weights breaks performance numbers
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