PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PRHSX vs. PRGTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


PRHSXPRGTX
YTD Return11.44%34.14%
1Y Return16.52%45.37%
3Y Return (Ann)-4.77%-16.18%
5Y Return (Ann)4.34%6.50%
10Y Return (Ann)3.06%2.72%
Sharpe Ratio1.222.01
Sortino Ratio1.652.61
Omega Ratio1.231.35
Calmar Ratio0.620.75
Martin Ratio5.969.07
Ulcer Index2.93%4.97%
Daily Std Dev14.25%22.43%
Max Drawdown-47.79%-73.10%
Current Drawdown-16.37%-42.00%

Correlation

-0.50.00.51.00.7

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.

Performance

PRHSX vs. PRGTX - Performance Comparison

In the year-to-date period, PRHSX achieves a 11.44% return, which is significantly lower than PRGTX's 34.14% return. Over the past 10 years, PRHSX has outperformed PRGTX with an annualized return of 3.06%, while PRGTX has yielded a comparatively lower 2.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.41%
15.18%
PRHSX
PRGTX

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.


PRHSX
Sharpe ratio
The chart of Sharpe ratio for PRHSX, currently valued at 1.22, compared to the broader market0.002.004.001.22
Sortino ratio
The chart of Sortino ratio for PRHSX, currently valued at 1.65, compared to the broader market0.005.0010.001.65
Omega ratio
The chart of Omega ratio for PRHSX, currently valued at 1.23, compared to the broader market1.002.003.004.001.23
Calmar ratio
The chart of Calmar ratio for PRHSX, currently valued at 0.62, compared to the broader market0.005.0010.0015.0020.000.62
Martin ratio
The chart of Martin ratio for PRHSX, currently valued at 5.96, compared to the broader market0.0020.0040.0060.0080.00100.005.96
PRGTX
Sharpe ratio
The chart of Sharpe ratio for PRGTX, currently valued at 2.01, compared to the broader market0.002.004.002.01
Sortino ratio
The chart of Sortino ratio for PRGTX, currently valued at 2.61, compared to the broader market0.005.0010.002.61
Omega ratio
The chart of Omega ratio for PRGTX, currently valued at 1.35, compared to the broader market1.002.003.004.001.35
Calmar ratio
The chart of Calmar ratio for PRGTX, currently valued at 0.75, compared to the broader market0.005.0010.0015.0020.000.75
Martin ratio
The chart of Martin ratio for PRGTX, currently valued at 9.07, compared to the broader market0.0020.0040.0060.0080.00100.009.07

PRHSX vs. PRGTX - Sharpe Ratio Comparison

The current PRHSX Sharpe Ratio is 1.22, which is lower than the PRGTX Sharpe Ratio of 2.01. 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 Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.22
2.01
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%JuneJulyAugustSeptemberOctoberNovember
-16.37%
-42.00%
PRHSX
PRGTX

Volatility

PRHSX vs. PRGTX - Volatility Comparison

The current volatility for T. Rowe Price Health Sciences Fund (PRHSX) is 4.15%, while T. Rowe Price Global Technology Fund (PRGTX) has a volatility of 6.11%. This indicates that PRHSX experiences smaller price fluctuations and is considered to be less risky 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%JuneJulyAugustSeptemberOctoberNovember
4.15%
6.11%
PRHSX
PRGTX