PRMTX vs. SMPIX
Compare and contrast key facts about T. Rowe Price Communications & Technology Fund (PRMTX) and ProFunds Semiconductor UltraSector Fund (SMPIX).
PRMTX is managed by T. Rowe Price. It was launched on Oct 12, 1993. SMPIX is managed by ProFunds. It was launched on Jun 18, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRMTX or SMPIX.
Performance
PRMTX vs. SMPIX - Performance Comparison
Returns By Period
In the year-to-date period, PRMTX achieves a 39.05% return, which is significantly lower than SMPIX's 105.23% return. Over the past 10 years, PRMTX has underperformed SMPIX with an annualized return of 8.71%, while SMPIX has yielded a comparatively higher 31.17% annualized return.
PRMTX
39.05%
6.85%
19.98%
34.00%
6.99%
8.71%
SMPIX
105.23%
-1.96%
12.59%
132.20%
48.80%
31.17%
Key characteristics
PRMTX | SMPIX | |
---|---|---|
Sharpe Ratio | 2.02 | 2.19 |
Sortino Ratio | 2.51 | 2.55 |
Omega Ratio | 1.38 | 1.33 |
Calmar Ratio | 0.74 | 3.53 |
Martin Ratio | 10.97 | 10.07 |
Ulcer Index | 3.10% | 13.13% |
Daily Std Dev | 16.86% | 60.37% |
Max Drawdown | -75.22% | -93.64% |
Current Drawdown | -23.07% | -12.63% |
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PRMTX vs. SMPIX - Expense Ratio Comparison
PRMTX has a 0.77% expense ratio, which is lower than SMPIX's 1.49% expense ratio.
Correlation
The correlation between PRMTX and SMPIX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
PRMTX vs. SMPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Communications & Technology Fund (PRMTX) and ProFunds Semiconductor UltraSector Fund (SMPIX). 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
PRMTX vs. SMPIX - Dividend Comparison
PRMTX's dividend yield for the trailing twelve months is around 0.14%, while SMPIX has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
T. Rowe Price Communications & Technology Fund | 0.14% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.01% | 0.03% | 0.20% | 2.46% | 0.30% |
ProFunds Semiconductor UltraSector Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.34% | 12.90% | 0.85% | 1.17% | 0.00% | 0.00% | 1.16% |
Drawdowns
PRMTX vs. SMPIX - Drawdown Comparison
The maximum PRMTX drawdown since its inception was -75.22%, smaller than the maximum SMPIX drawdown of -93.64%. Use the drawdown chart below to compare losses from any high point for PRMTX and SMPIX. For additional features, visit the drawdowns tool.
Volatility
PRMTX vs. SMPIX - Volatility Comparison
The current volatility for T. Rowe Price Communications & Technology Fund (PRMTX) is 4.17%, while ProFunds Semiconductor UltraSector Fund (SMPIX) has a volatility of 14.10%. This indicates that PRMTX experiences smaller price fluctuations and is considered to be less risky than SMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.