PRNEX vs. VGENX
Compare and contrast key facts about T. Rowe Price New Era Fund (PRNEX) and Vanguard Energy Fund Investor Shares (VGENX).
PRNEX is managed by T. Rowe Price. It was launched on Jan 19, 1969. VGENX is managed by Vanguard. It was launched on May 23, 1984.
Performance
PRNEX vs. VGENX - Performance Comparison
Loading graphics...
PRNEX vs. VGENX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRNEX T. Rowe Price New Era Fund | 19.15% | 26.94% | 4.41% | 1.02% | 7.14% | 25.35% | -2.63% | 16.91% | -16.23% | 10.57% |
VGENX Vanguard Energy Fund Investor Shares | 24.04% | 20.67% | 30.25% | 8.78% | 23.59% | 27.71% | -30.85% | 13.23% | -17.19% | 3.22% |
Returns By Period
In the year-to-date period, PRNEX achieves a 19.15% return, which is significantly lower than VGENX's 24.04% return. Over the past 10 years, PRNEX has underperformed VGENX with an annualized return of 10.12%, while VGENX has yielded a comparatively higher 10.86% annualized return.
PRNEX
- 1D
- -1.11%
- 1M
- -1.19%
- YTD
- 19.15%
- 6M
- 31.26%
- 1Y
- 44.27%
- 3Y*
- 17.27%
- 5Y*
- 14.17%
- 10Y*
- 10.12%
VGENX
- 1D
- 0.58%
- 1M
- 4.50%
- YTD
- 24.04%
- 6M
- 29.22%
- 1Y
- 35.84%
- 3Y*
- 28.98%
- 5Y*
- 24.71%
- 10Y*
- 10.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRNEX vs. VGENX - Expense Ratio Comparison
PRNEX has a 0.56% expense ratio, which is higher than VGENX's 0.41% expense ratio.
Return for Risk
PRNEX vs. VGENX — Risk / Return Rank
PRNEX
VGENX
PRNEX vs. VGENX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Era Fund (PRNEX) and Vanguard Energy Fund Investor Shares (VGENX). 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.
| PRNEX | VGENX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.23 | 2.51 | -0.28 |
Sortino ratioReturn per unit of downside risk | 2.80 | 3.11 | -0.31 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.49 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.67 | 3.03 | -0.36 |
Martin ratioReturn relative to average drawdown | 12.65 | 14.75 | -2.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PRNEX | VGENX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 2.51 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 1.33 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.47 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.45 | -0.06 |
Correlation
The correlation between PRNEX and VGENX 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.
Dividends
PRNEX vs. VGENX - Dividend Comparison
PRNEX's dividend yield for the trailing twelve months is around 12.94%, more than VGENX's 6.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRNEX T. Rowe Price New Era Fund | 12.94% | 15.41% | 4.81% | 11.46% | 4.47% | 2.07% | 2.54% | 2.18% | 1.69% | 1.89% | 1.28% | 2.68% |
VGENX Vanguard Energy Fund Investor Shares | 6.91% | 4.71% | 33.96% | 6.83% | 4.63% | 3.63% | 4.46% | 3.30% | 2.96% | 2.96% | 1.84% | 2.63% |
Drawdowns
PRNEX vs. VGENX - Drawdown Comparison
The maximum PRNEX drawdown since its inception was -66.56%, roughly equal to the maximum VGENX drawdown of -65.37%. Use the drawdown chart below to compare losses from any high point for PRNEX and VGENX.
Loading graphics...
Drawdown Indicators
| PRNEX | VGENX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.56% | -65.37% | -1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | -12.30% | -3.94% |
Max Drawdown (5Y)Largest decline over 5 years | -21.50% | -19.72% | -1.78% |
Max Drawdown (10Y)Largest decline over 10 years | -49.64% | -61.19% | +11.55% |
Current DrawdownCurrent decline from peak | -2.25% | 0.00% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -16.35% | -14.99% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.53% | +0.89% |
Volatility
PRNEX vs. VGENX - Volatility Comparison
T. Rowe Price New Era Fund (PRNEX) has a higher volatility of 5.01% compared to Vanguard Energy Fund Investor Shares (VGENX) at 3.80%. This indicates that PRNEX's price experiences larger fluctuations and is considered to be riskier than VGENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRNEX | VGENX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.01% | 3.80% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 12.38% | 8.61% | +3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.21% | 14.82% | +5.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.82% | 18.64% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.69% | 23.26% | -2.57% |