PRNHX vs. FBGRX
Compare and contrast key facts about T. Rowe Price New Horizons Fund (PRNHX) and Fidelity Blue Chip Growth Fund (FBGRX).
PRNHX is managed by T. Rowe Price. It was launched on Jun 3, 1960. FBGRX is managed by Fidelity. It was launched on Dec 31, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRNHX or FBGRX.
Key characteristics
| PRNHX | FBGRX | |
|---|---|---|
| YTD Return | 12.79% | 37.67% |
| 1Y Return | 34.77% | 52.51% |
| 3Y Return (Ann) | -8.23% | 7.26% |
| 5Y Return (Ann) | 9.76% | 18.77% |
| 10Y Return (Ann) | 12.44% | 14.17% |
| Sharpe Ratio | 1.87 | 2.64 |
| Sortino Ratio | 2.62 | 3.39 |
| Omega Ratio | 1.32 | 1.47 |
| Calmar Ratio | 0.75 | 2.43 |
| Martin Ratio | 6.09 | 12.93 |
| Ulcer Index | 5.25% | 3.97% |
| Daily Std Dev | 17.12% | 19.41% |
| Max Drawdown | -55.79% | -57.42% |
| Current Drawdown | -22.66% | 0.00% |
Correlation
The correlation between PRNHX and FBGRX is 0.86, 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
PRNHX vs. FBGRX - Performance Comparison
In the year-to-date period, PRNHX achieves a 12.79% return, which is significantly lower than FBGRX's 37.67% return. Over the past 10 years, PRNHX has underperformed FBGRX with an annualized return of 12.44%, while FBGRX has yielded a comparatively higher 14.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRNHX vs. FBGRX - Expense Ratio Comparison
PRNHX has a 0.75% expense ratio, which is lower than FBGRX's 0.79% expense ratio.
Risk-Adjusted Performance
PRNHX vs. FBGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Horizons Fund (PRNHX) and Fidelity Blue Chip Growth Fund (FBGRX). 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
PRNHX vs. FBGRX - Dividend Comparison
PRNHX has not paid dividends to shareholders, while FBGRX's dividend yield for the trailing twelve months is around 5.10%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRNHX T. Rowe Price New Horizons Fund | 0.00% | 0.00% | 4.72% | 17.09% | 13.58% | 11.73% | 13.94% | 8.27% | 5.77% | 7.72% | 11.65% | 6.61% |
FBGRX Fidelity Blue Chip Growth Fund | 5.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.09% | 0.22% | 5.07% | 6.08% | 7.80% |
Drawdowns
PRNHX vs. FBGRX - Drawdown Comparison
The maximum PRNHX drawdown since its inception was -55.79%, roughly equal to the maximum FBGRX drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for PRNHX and FBGRX. For additional features, visit the drawdowns tool.
Volatility
PRNHX vs. FBGRX - Volatility Comparison
The current volatility for T. Rowe Price New Horizons Fund (PRNHX) is 4.79%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 5.39%. This indicates that PRNHX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.