PRMTX vs. VGT
Compare and contrast key facts about T. Rowe Price Communications & Technology Fund (PRMTX) and Vanguard Information Technology ETF (VGT).
PRMTX is managed by T. Rowe Price. It was launched on Oct 12, 1993. 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: PRMTX or VGT.
Correlation
The correlation between PRMTX and VGT is 0.85, 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. VGT - Performance Comparison
Key characteristics
PRMTX:
1.72
VGT:
1.36
PRMTX:
2.18
VGT:
1.84
PRMTX:
1.31
VGT:
1.24
PRMTX:
0.71
VGT:
1.93
PRMTX:
7.30
VGT:
6.81
PRMTX:
4.11%
VGT:
4.31%
PRMTX:
17.49%
VGT:
21.67%
PRMTX:
-75.22%
VGT:
-54.63%
PRMTX:
-25.25%
VGT:
-0.13%
Returns By Period
In the year-to-date period, PRMTX achieves a 4.72% return, which is significantly higher than VGT's 3.95% return. Over the past 10 years, PRMTX has underperformed VGT with an annualized return of 9.47%, while VGT has yielded a comparatively higher 21.29% annualized return.
PRMTX
4.72%
1.36%
16.90%
28.03%
4.72%
9.47%
VGT
3.95%
0.29%
16.78%
28.19%
21.00%
21.29%
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PRMTX vs. VGT - Expense Ratio Comparison
PRMTX has a 0.77% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
PRMTX vs. VGT — Risk-Adjusted Performance Rank
PRMTX
VGT
PRMTX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Communications & Technology Fund (PRMTX) 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
PRMTX vs. VGT - Dividend Comparison
PRMTX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.57%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRMTX T. Rowe Price Communications & Technology Fund | 0.00% | 0.00% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.01% | 0.03% | 0.20% | 2.46% |
VGT Vanguard Information Technology ETF | 0.57% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
PRMTX vs. VGT - Drawdown Comparison
The maximum PRMTX drawdown since its inception was -75.22%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for PRMTX and VGT. For additional features, visit the drawdowns tool.
Volatility
PRMTX vs. VGT - Volatility Comparison
The current volatility for T. Rowe Price Communications & Technology Fund (PRMTX) is 5.14%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.21%. This indicates that PRMTX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.