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
Key characteristics
PRMTX:
1.66
VOO:
2.15
PRMTX:
2.12
VOO:
2.85
PRMTX:
1.30
VOO:
1.40
PRMTX:
0.68
VOO:
3.25
PRMTX:
7.10
VOO:
13.67
PRMTX:
4.08%
VOO:
2.01%
PRMTX:
17.48%
VOO:
12.79%
PRMTX:
-75.22%
VOO:
-33.99%
PRMTX:
-25.88%
VOO:
0.00%
Returns By Period
In the year-to-date period, PRMTX achieves a 3.84% return, which is significantly higher than VOO's 3.49% return. Over the past 10 years, PRMTX has underperformed VOO with an annualized return of 9.42%, while VOO has yielded a comparatively higher 13.52% annualized return.
PRMTX
3.84%
1.55%
15.07%
27.99%
4.55%
9.42%
VOO
3.49%
1.90%
12.84%
26.78%
14.88%
13.52%
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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.
Dividends
PRMTX vs. VOO - Dividend Comparison
PRMTX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.20%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Vanguard S&P 500 ETF | 1.20% | 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.
Volatility
PRMTX vs. VOO - Volatility Comparison
T. Rowe Price Communications & Technology Fund (PRMTX) has a higher volatility of 5.10% compared to Vanguard S&P 500 ETF (VOO) at 4.07%. This indicates that PRMTX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.