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

Correlation

The correlation between PRHSX and PRGTX 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.


-0.50.00.51.00.7

Performance

PRHSX vs. PRGTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Health Sciences Fund (PRHSX) and T. Rowe Price Global Technology Fund (PRGTX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
-15.17%
10.76%
PRHSX
PRGTX

Key characteristics

Sharpe Ratio

PRHSX:

-0.32

PRGTX:

1.63

Sortino Ratio

PRHSX:

-0.29

PRGTX:

2.18

Omega Ratio

PRHSX:

0.95

PRGTX:

1.29

Calmar Ratio

PRHSX:

-0.17

PRGTX:

0.63

Martin Ratio

PRHSX:

-1.18

PRGTX:

7.43

Ulcer Index

PRHSX:

4.80%

PRGTX:

4.99%

Daily Std Dev

PRHSX:

17.45%

PRGTX:

22.83%

Max Drawdown

PRHSX:

-47.79%

PRGTX:

-73.10%

Current Drawdown

PRHSX:

-31.15%

PRGTX:

-40.95%

Returns By Period

In the year-to-date period, PRHSX achieves a -8.25% return, which is significantly lower than PRGTX's 36.57% return. Over the past 10 years, PRHSX has underperformed PRGTX with an annualized return of 1.66%, while PRGTX has yielded a comparatively higher 5.54% annualized return.


PRHSX

YTD

-8.25%

1M

-14.59%

6M

-15.17%

1Y

-7.13%

5Y*

-0.41%

10Y*

1.66%

PRGTX

YTD

36.57%

1M

2.20%

6M

10.77%

1Y

37.44%

5Y*

5.47%

10Y*

5.54%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PRHSX vs. PRGTX - Expense Ratio Comparison

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

PRHSX vs. PRGTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Health Sciences Fund (PRHSX) and T. Rowe Price Global Technology Fund (PRGTX). 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.


Sharpe ratio
The chart of Sharpe ratio for PRHSX, currently valued at -0.32, compared to the broader market-1.000.001.002.003.004.00-0.321.63
The chart of Sortino ratio for PRHSX, currently valued at -0.29, compared to the broader market-2.000.002.004.006.008.0010.00-0.292.18
The chart of Omega ratio for PRHSX, currently valued at 0.95, compared to the broader market0.501.001.502.002.503.003.500.951.29
The chart of Calmar ratio for PRHSX, currently valued at -0.17, compared to the broader market0.002.004.006.008.0010.0012.00-0.170.63
The chart of Martin ratio for PRHSX, currently valued at -1.18, compared to the broader market0.0020.0040.0060.00-1.187.43
PRHSX
PRGTX

The current PRHSX Sharpe Ratio is -0.32, which is lower than the PRGTX Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of PRHSX and PRGTX, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.32
1.63
PRHSX
PRGTX

Dividends

PRHSX vs. PRGTX - Dividend Comparison

Neither PRHSX nor PRGTX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
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%
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%

Drawdowns

PRHSX vs. PRGTX - Drawdown Comparison

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


-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-31.15%
-40.95%
PRHSX
PRGTX

Volatility

PRHSX vs. PRGTX - Volatility Comparison

T. Rowe Price Health Sciences Fund (PRHSX) has a higher volatility of 12.44% compared to T. Rowe Price Global Technology Fund (PRGTX) at 5.38%. This indicates that PRHSX's price experiences larger fluctuations and is considered to be riskier than PRGTX 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%JulyAugustSeptemberOctoberNovemberDecember
12.44%
5.38%
PRHSX
PRGTX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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