PRMTX vs. PRISX
PRMTX (T. Rowe Price Communications & Technology Fund) and PRISX (T. Rowe Price Financial Services Fund) are both mutual funds - PRMTX is a Communications Equities fund managed by T. Rowe Price, while PRISX is a Financials Equities fund managed by BlackRock. Over the past 10 years, PRMTX returned 15.45%/yr vs 15.28%/yr for PRISX. A 0.64 correlation means they provide meaningful diversification when combined. PRMTX charges 0.77%/yr vs 0.88%/yr for PRISX.
Performance
PRMTX vs. PRISX - Performance Comparison
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Returns By Period
In the year-to-date period, PRMTX achieves a 1.76% return, which is significantly higher than PRISX's 1.50% return. Both investments have delivered pretty close results over the past 10 years, with PRMTX having a 15.45% annualized return and PRISX not far behind at 15.28%.
PRMTX
- 1D
- 2.11%
- 1M
- -0.23%
- YTD
- 1.76%
- 6M
- 1.76%
- 1Y
- 2.62%
- 3Y*
- 22.04%
- 5Y*
- 5.88%
- 10Y*
- 15.45%
PRISX
- 1D
- -0.56%
- 1M
- 3.64%
- YTD
- 1.50%
- 6M
- 0.00%
- 1Y
- 14.79%
- 3Y*
- 23.18%
- 5Y*
- 12.74%
- 10Y*
- 15.28%
PRMTX vs. PRISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRMTX T. Rowe Price Communications & Technology Fund | 1.76% | 6.86% | 48.75% | 39.30% | -40.90% | 9.81% | 53.69% | 35.69% | -1.85% | 33.00% |
PRISX T. Rowe Price Financial Services Fund | 1.50% | 18.75% | 30.87% | 14.95% | -10.99% | 37.83% | 5.65% | 32.84% | -10.12% | 19.17% |
Correlation
The correlation between PRMTX and PRISX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1997 | 0.64 |
Over the past year, the correlation between PRMTX and PRISX has dropped to 0.40 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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Return for Risk
PRMTX vs. PRISX — Risk / Return Rank
PRMTX
PRISX
PRMTX vs. PRISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Communications & Technology Fund (PRMTX) and T. Rowe Price Financial Services Fund (PRISX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRMTX | PRISX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.17 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 1.09 | -0.98 |
| Martin ratioReturn relative to average drawdown | 0.26 | 3.04 | -2.78 |
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Drawdowns
PRMTX vs. PRISX - Drawdown Comparison
The maximum PRMTX drawdown since its inception was -66.30%, roughly equal to the maximum PRISX drawdown of -67.34%. Use the drawdown chart below to compare losses from any high point for PRMTX and PRISX.
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Drawdown Indicators
| PRMTX | PRISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.30% | -67.34% | +1.04% |
Max Drawdown (1Y)Largest decline over 1 year | -17.29% | -13.92% | -3.37% |
Max Drawdown (3Y)Largest decline over 3 years | -20.69% | -18.06% | -2.63% |
Max Drawdown (5Y)Largest decline over 5 years | -47.17% | -26.95% | -20.22% |
Max Drawdown (10Y)Largest decline over 10 years | -47.17% | -42.86% | -4.31% |
Current DrawdownCurrent decline from peak | -6.27% | -1.70% | -4.57% |
Average DrawdownAverage peak-to-trough decline | -13.94% | -11.24% | -2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.37% | 4.99% | +2.38% |
Volatility
PRMTX vs. PRISX - Volatility Comparison
T. Rowe Price Communications & Technology Fund (PRMTX) has a higher volatility of 6.50% compared to T. Rowe Price Financial Services Fund (PRISX) at 4.48%. This indicates that PRMTX's price experiences larger fluctuations and is considered to be riskier than PRISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRMTX | PRISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 4.48% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 12.20% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.54% | 15.90% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.66% | 20.22% | +1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.97% | 21.87% | -0.90% |
PRMTX vs. PRISX - Expense Ratio Comparison
PRMTX has a 0.77% expense ratio, which is lower than PRISX's 0.88% expense ratio.
Dividends
PRMTX vs. PRISX - Dividend Comparison
PRMTX's dividend yield for the trailing twelve months is around 24.79%, more than PRISX's 6.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRISX T. Rowe Price Financial Services Fund | 6.77% | 6.87% | 8.74% | 2.00% | 2.08% | 3.00% | 10.22% | 6.14% | 11.97% | 4.68% | 1.00% | 3.86% |
PRMTX T. Rowe Price Communications & Technology Fund | 24.79% | 25.23% | 14.78% | 7.74% | 17.50% | 8.35% | 5.29% | 2.45% | 1.28% | 2.35% | 2.24% | 3.20% |
Frequently Asked Questions
PRMTX and PRISX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRMTX has higher volatility (6.50%) compared to PRISX (4.48%). In terms of maximum drawdown, PRMTX dropped -66.30% vs PRISX's -67.34%.
PRISX currently has the higher Sharpe Ratio (0.96 vs 0.12), 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.
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