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.
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.
Performance
PRMTX vs. SMPIX - Performance Comparison
Key characteristics
PRMTX:
1.87
SMPIX:
1.94
PRMTX:
2.35
SMPIX:
2.40
PRMTX:
1.35
SMPIX:
1.31
PRMTX:
0.70
SMPIX:
3.19
PRMTX:
10.84
SMPIX:
8.74
PRMTX:
2.95%
SMPIX:
13.66%
PRMTX:
17.13%
SMPIX:
61.51%
PRMTX:
-75.22%
SMPIX:
-93.64%
PRMTX:
-27.01%
SMPIX:
-8.31%
Returns By Period
In the year-to-date period, PRMTX achieves a 31.92% return, which is significantly lower than SMPIX's 115.37% return. Over the past 10 years, PRMTX has underperformed SMPIX with an annualized return of 9.19%, while SMPIX has yielded a comparatively higher 30.99% annualized return.
PRMTX
31.92%
-5.13%
10.44%
32.20%
5.15%
9.19%
SMPIX
115.37%
4.94%
7.76%
119.01%
46.64%
30.99%
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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.
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
Neither PRMTX nor SMPIX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRMTX T. Rowe Price Communications & Technology Fund | 0.00% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.01% | 0.03% | 0.20% | 2.46% | 0.30% |
SMPIX 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 8.22%, while ProFunds Semiconductor UltraSector Fund (SMPIX) has a volatility of 15.17%. 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.