PRME vs. VGT
Compare and contrast key facts about Prime Medicine Inc. Common Stock (PRME) and Vanguard Information Technology ETF (VGT).
VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRME or VGT.
Performance
PRME vs. VGT - Performance Comparison
Returns By Period
In the year-to-date period, PRME achieves a -64.11% return, which is significantly lower than VGT's 25.60% return.
PRME
-64.11%
-27.40%
-57.77%
-51.82%
N/A
N/A
VGT
25.60%
0.19%
12.45%
33.54%
22.06%
20.55%
Key characteristics
| PRME | VGT | |
|---|---|---|
| Sharpe Ratio | -0.56 | 1.60 |
| Sortino Ratio | -0.49 | 2.12 |
| Omega Ratio | 0.95 | 1.29 |
| Calmar Ratio | -0.57 | 2.21 |
| Martin Ratio | -1.18 | 7.93 |
| Ulcer Index | 40.79% | 4.24% |
| Daily Std Dev | 86.13% | 21.03% |
| Max Drawdown | -84.94% | -54.63% |
| Current Drawdown | -84.94% | -3.33% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between PRME and VGT is 0.26, 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.
Risk-Adjusted Performance
PRME vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Prime Medicine Inc. Common Stock (PRME) and Vanguard Information Technology ETF (VGT). 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
PRME vs. VGT - Dividend Comparison
PRME has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.62%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRME Prime Medicine Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.62% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
PRME vs. VGT - Drawdown Comparison
The maximum PRME drawdown since its inception was -84.94%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for PRME and VGT. For additional features, visit the drawdowns tool.
Volatility
PRME vs. VGT - Volatility Comparison
Prime Medicine Inc. Common Stock (PRME) has a higher volatility of 23.39% compared to Vanguard Information Technology ETF (VGT) at 6.53%. This indicates that PRME's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.