PRMTX vs. VOO
Compare and contrast key facts about T. Rowe Price Communications & Technology Fund (PRMTX) and Vanguard S&P 500 ETF (VOO).
PRMTX is managed by T. Rowe Price. It was launched on Oct 12, 1993. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRMTX or VOO.
Correlation
The correlation between PRMTX and VOO 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. VOO - Performance Comparison
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Key characteristics
PRMTX:
0.74
VOO:
0.52
PRMTX:
1.08
VOO:
0.89
PRMTX:
1.16
VOO:
1.13
PRMTX:
0.42
VOO:
0.57
PRMTX:
2.09
VOO:
2.18
PRMTX:
7.65%
VOO:
4.85%
PRMTX:
21.68%
VOO:
19.11%
PRMTX:
-75.22%
VOO:
-33.99%
PRMTX:
-27.32%
VOO:
-7.67%
Returns By Period
In the year-to-date period, PRMTX achieves a 1.82% return, which is significantly higher than VOO's -3.41% return. Over the past 10 years, PRMTX has underperformed VOO with an annualized return of 8.81%, while VOO has yielded a comparatively higher 12.42% annualized return.
PRMTX
1.82%
10.15%
-4.13%
15.95%
2.84%
8.81%
VOO
-3.41%
7.59%
-5.06%
9.79%
15.86%
12.42%
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PRMTX vs. VOO - Expense Ratio Comparison
PRMTX has a 0.77% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PRMTX vs. VOO — Risk-Adjusted Performance Rank
PRMTX
VOO
PRMTX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Communications & Technology Fund (PRMTX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
PRMTX vs. VOO - Dividend Comparison
PRMTX's dividend yield for the trailing twelve months is around 7.26%, more than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRMTX T. Rowe Price Communications & Technology Fund | 7.26% | 7.39% | 7.74% | 17.50% | 8.35% | 5.29% | 1.22% | 1.28% | 2.35% | 2.24% | 3.20% | 10.82% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PRMTX vs. VOO - Drawdown Comparison
The maximum PRMTX drawdown since its inception was -75.22%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PRMTX and VOO. For additional features, visit the drawdowns tool.
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Volatility
PRMTX vs. VOO - Volatility Comparison
The current volatility for T. Rowe Price Communications & Technology Fund (PRMTX) is 5.97%, while Vanguard S&P 500 ETF (VOO) has a volatility of 6.83%. This indicates that PRMTX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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