PRISX vs. FIDAX

Last updated Jun 4, 2026

PRISX (T. Rowe Price Financial Services Fund) and FIDAX (John Hancock Financial Industries Fund) are both Financials Equities funds from BlackRock. Over the past 10 years, PRISX returned 14.49%/yr vs 9.79%/yr for FIDAX. With a 0.96 correlation, they move nearly in lockstep. PRISX charges 0.88%/yr vs 1.24%/yr for FIDAX.

Performance

PRISX vs. FIDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Financial Services Fund (PRISX) and John Hancock Financial Industries Fund (FIDAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PRISX having a -2.49% return and FIDAX slightly higher at -2.42%. Over the past 10 years, PRISX has outperformed FIDAX with an annualized return of 14.49%, while FIDAX has yielded a comparatively lower 9.79% annualized return.

PRISX

• 1D: 0.11%
• 1M: 0.26%
• YTD: -2.49%
• 6M: 1.19%
• 1Y: 10.16%
• 3Y*: 22.69%
• 5Y*: 10.16%
• 10Y*: 14.49%

FIDAX

• 1D: 0.15%
• 1M: -0.60%
• YTD: -2.42%
• 6M: 1.94%
• 1Y: 5.37%
• 3Y*: 17.93%
• 5Y*: 6.06%
• 10Y*: 9.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRISX vs. FIDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRISX T. Rowe Price Financial Services Fund	-2.49%	18.75%	30.87%	14.95%	-10.99%	37.83%	5.65%	32.84%	-10.12%	19.17%
FIDAX John Hancock Financial Industries Fund	-2.42%	12.05%	30.09%	5.01%	-14.17%	28.80%	1.58%	31.21%	-15.30%	11.00%

Correlation

The correlation between PRISX and FIDAX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 3, 1997	0.96

The correlation between PRISX and FIDAX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

PRISX vs. FIDAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRISX

PRISX Risk / Return Rank: 8
PRISX Sharpe Ratio Rank: 8
PRISX Sortino Ratio Rank: 8
PRISX Omega Ratio Rank: 8
PRISX Calmar Ratio Rank: 8
PRISX Martin Ratio Rank: 7

FIDAX

FIDAX Risk / Return Rank: 5
FIDAX Sharpe Ratio Rank: 5
FIDAX Sortino Ratio Rank: 5
FIDAX Omega Ratio Rank: 5
FIDAX Calmar Ratio Rank: 5
FIDAX Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRISX vs. FIDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Financial Services Fund (PRISX) and John Hancock Financial Industries Fund (FIDAX). 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.

	PRISX	FIDAX	Difference
Sharpe ratio: Return per unit of total volatility	0.68	0.35	+0.33
Sortino ratio: Return per unit of downside risk	1.00	0.58	+0.43
Omega ratio: Gain probability vs. loss probability	1.13	1.07	+0.05
Calmar ratio: Return relative to maximum drawdown	0.77	0.41	+0.36
Martin ratio: Return relative to average drawdown	2.17	1.14	+1.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRISX vs. FIDAX - Sharpe Ratio Comparison

The current PRISX Sharpe Ratio is 0.68, which is higher than the FIDAX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of PRISX and FIDAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRISX	FIDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	0.35	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.29	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.45	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.31	+0.11

Drawdowns

PRISX vs. FIDAX - Drawdown Comparison

The maximum PRISX drawdown since its inception was -67.34%, roughly equal to the maximum FIDAX drawdown of -70.42%. Use the drawdown chart below to compare losses from any high point for PRISX and FIDAX.

Drawdown Indicators

	PRISX	FIDAX	Difference
Max Drawdown Largest peak-to-trough decline	-67.34%	-70.42%	+3.08%
Max Drawdown (1Y) Largest decline over 1 year	-13.92%	-13.82%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-18.06%	-19.35%	+1.29%
Max Drawdown (5Y) Largest decline over 5 years	-26.95%	-30.89%	+3.94%
Max Drawdown (10Y) Largest decline over 10 years	-42.86%	-42.09%	-0.77%
Current Drawdown Current decline from peak	-5.56%	-5.74%	+0.18%
Average Drawdown Average peak-to-trough decline	-11.25%	-14.07%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.93%	4.90%	+0.03%

Volatility

PRISX vs. FIDAX - Volatility Comparison

T. Rowe Price Financial Services Fund (PRISX) and John Hancock Financial Industries Fund (FIDAX) have volatilities of 3.21% and 3.31%, 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.

Volatility by Period

	PRISX	FIDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	3.31%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	11.83%	12.17%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	15.67%	15.92%	-0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.24%	20.68%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.86%	21.98%	-0.12%

PRISX vs. FIDAX - Expense Ratio Comparison

PRISX has a 0.88% expense ratio, which is lower than FIDAX's 1.24% expense ratio.

Dividends

PRISX vs. FIDAX - Dividend Comparison

PRISX's dividend yield for the trailing twelve months is around 7.04%, less than FIDAX's 49.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIDAX John Hancock Financial Industries Fund	49.38%	48.19%	10.24%	1.91%	11.22%	23.08%	5.41%	7.56%	7.72%	6.10%	6.01%	0.93%
PRISX T. Rowe Price Financial Services Fund	7.04%	6.87%	8.74%	2.00%	2.08%	3.00%	10.22%	6.14%	11.97%	4.68%	1.00%	3.86%

Frequently Asked Questions

Can I hold both PRISX and FIDAX in my portfolio?

With a correlation of 0.96, PRISX and FIDAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PRISX or FIDAX?

FIDAX has higher volatility (3.31%) compared to PRISX (3.21%). In terms of maximum drawdown, PRISX dropped -67.34% vs FIDAX's -70.42%.

Which has better risk-adjusted returns?

PRISX currently has the higher Sharpe Ratio (0.68 vs 0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.