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 0.84, 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:
1.96
VGT:
1.53
PRMTX:
2.45
VGT:
2.03
PRMTX:
1.36
VGT:
1.27
PRMTX:
0.73
VGT:
2.15
PRMTX:
11.20
VGT:
7.70
PRMTX:
3.00%
VGT:
4.26%
PRMTX:
17.12%
VGT:
21.48%
PRMTX:
-75.22%
VGT:
-54.63%
PRMTX:
-26.26%
VGT:
-1.50%
Returns By Period
The year-to-date returns for both stocks are quite close, with PRMTX having a 33.28% return and VGT slightly lower at 32.56%. Over the past 10 years, PRMTX has underperformed VGT with an annualized return of 9.30%, while VGT has yielded a comparatively higher 20.84% annualized return.
PRMTX
33.28%
-4.15%
10.12%
33.56%
5.11%
9.30%
VGT
32.56%
2.68%
12.86%
32.67%
22.23%
20.84%
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. 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 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 0.58%.
| 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% |
VGT Vanguard Information Technology ETF | 0.58% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
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
T. Rowe Price Communications & Technology Fund (PRMTX) has a higher volatility of 8.31% compared to Vanguard Information Technology ETF (VGT) at 5.60%. This indicates that PRMTX's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.