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PRMTX vs. TRBCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRMTX and TRBCX is 0.89, 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.


-0.50.00.51.00.9

Performance

PRMTX vs. TRBCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Communications & Technology Fund (PRMTX) and T. Rowe Price Blue Chip Growth Fund (TRBCX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.44%
12.85%
PRMTX
TRBCX

Key characteristics

Sharpe Ratio

PRMTX:

1.87

TRBCX:

2.23

Sortino Ratio

PRMTX:

2.35

TRBCX:

2.90

Omega Ratio

PRMTX:

1.35

TRBCX:

1.41

Calmar Ratio

PRMTX:

0.70

TRBCX:

2.58

Martin Ratio

PRMTX:

10.84

TRBCX:

11.89

Ulcer Index

PRMTX:

2.95%

TRBCX:

3.30%

Daily Std Dev

PRMTX:

17.13%

TRBCX:

17.66%

Max Drawdown

PRMTX:

-75.22%

TRBCX:

-54.56%

Current Drawdown

PRMTX:

-27.01%

TRBCX:

-1.78%

Returns By Period

In the year-to-date period, PRMTX achieves a 31.92% return, which is significantly lower than TRBCX's 39.10% return. Over the past 10 years, PRMTX has underperformed TRBCX with an annualized return of 9.19%, while TRBCX has yielded a comparatively higher 15.11% annualized return.


PRMTX

YTD

31.92%

1M

-5.13%

6M

10.44%

1Y

32.20%

5Y*

5.15%

10Y*

9.19%

TRBCX

YTD

39.10%

1M

3.60%

6M

12.85%

1Y

39.42%

5Y*

15.17%

10Y*

15.11%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PRMTX vs. TRBCX - Expense Ratio Comparison

PRMTX has a 0.77% expense ratio, which is higher than TRBCX's 0.69% expense ratio.


PRMTX
T. Rowe Price Communications & Technology Fund
Expense ratio chart for PRMTX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%
Expense ratio chart for TRBCX: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

PRMTX vs. TRBCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Communications & Technology Fund (PRMTX) and T. Rowe Price Blue Chip Growth Fund (TRBCX). 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.


Sharpe ratio
The chart of Sharpe ratio for PRMTX, currently valued at 1.87, compared to the broader market-1.000.001.002.003.004.001.872.23
The chart of Sortino ratio for PRMTX, currently valued at 2.35, compared to the broader market-2.000.002.004.006.008.0010.002.352.90
The chart of Omega ratio for PRMTX, currently valued at 1.35, compared to the broader market0.501.001.502.002.503.003.501.351.41
The chart of Calmar ratio for PRMTX, currently valued at 0.70, compared to the broader market0.002.004.006.008.0010.0012.000.702.58
The chart of Martin ratio for PRMTX, currently valued at 10.84, compared to the broader market0.0020.0040.0060.0010.8411.89
PRMTX
TRBCX

The current PRMTX Sharpe Ratio is 1.87, which is comparable to the TRBCX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of PRMTX and TRBCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.87
2.23
PRMTX
TRBCX

Dividends

PRMTX vs. TRBCX - Dividend Comparison

PRMTX has not paid dividends to shareholders, while TRBCX's dividend yield for the trailing twelve months is around 8.85%.


TTM20232022202120202019201820172016201520142013
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%
TRBCX
T. Rowe Price Blue Chip Growth Fund
8.85%3.49%5.87%9.38%1.19%0.36%2.44%2.94%0.67%3.26%4.85%0.00%

Drawdowns

PRMTX vs. TRBCX - Drawdown Comparison

The maximum PRMTX drawdown since its inception was -75.22%, which is greater than TRBCX's maximum drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for PRMTX and TRBCX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-27.01%
-1.78%
PRMTX
TRBCX

Volatility

PRMTX vs. TRBCX - Volatility Comparison

T. Rowe Price Communications & Technology Fund (PRMTX) has a higher volatility of 8.22% compared to T. Rowe Price Blue Chip Growth Fund (TRBCX) at 4.91%. This indicates that PRMTX's price experiences larger fluctuations and is considered to be riskier than TRBCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
8.22%
4.91%
PRMTX
TRBCX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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