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PRNHX vs. PRSCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRNHX and PRSCX 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.


-0.50.00.51.00.8

Performance

PRNHX vs. PRSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price New Horizons Fund (PRNHX) and T. Rowe Price Science And Technology Fund (PRSCX). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
9.80%
0.45%
PRNHX
PRSCX

Key characteristics

Sharpe Ratio

PRNHX:

0.34

PRSCX:

1.19

Sortino Ratio

PRNHX:

0.59

PRSCX:

1.65

Omega Ratio

PRNHX:

1.07

PRSCX:

1.22

Calmar Ratio

PRNHX:

0.17

PRSCX:

0.58

Martin Ratio

PRNHX:

1.11

PRSCX:

5.80

Ulcer Index

PRNHX:

5.38%

PRSCX:

4.96%

Daily Std Dev

PRNHX:

17.29%

PRSCX:

24.10%

Max Drawdown

PRNHX:

-55.79%

PRSCX:

-87.38%

Current Drawdown

PRNHX:

-28.16%

PRSCX:

-31.83%

Returns By Period

In the year-to-date period, PRNHX achieves a 4.76% return, which is significantly lower than PRSCX's 28.97% return. Over the past 10 years, PRNHX has outperformed PRSCX with an annualized return of 11.44%, while PRSCX has yielded a comparatively lower 3.34% annualized return.


PRNHX

YTD

4.76%

1M

-2.37%

6M

9.80%

1Y

8.05%

5Y*

6.76%

10Y*

11.44%

PRSCX

YTD

28.97%

1M

-6.21%

6M

0.45%

1Y

31.32%

5Y*

3.82%

10Y*

3.34%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PRNHX vs. PRSCX - Expense Ratio Comparison

PRNHX has a 0.75% expense ratio, which is lower than PRSCX's 0.84% expense ratio.


PRSCX
T. Rowe Price Science And Technology Fund
Expense ratio chart for PRSCX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
Expense ratio chart for PRNHX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

PRNHX vs. PRSCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Horizons Fund (PRNHX) and T. Rowe Price Science And Technology Fund (PRSCX). 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.


Sharpe ratio
The chart of Sharpe ratio for PRNHX, currently valued at 0.34, compared to the broader market-1.000.001.002.003.004.000.341.19
The chart of Sortino ratio for PRNHX, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.0010.000.591.65
The chart of Omega ratio for PRNHX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.003.501.071.22
The chart of Calmar ratio for PRNHX, currently valued at 0.17, compared to the broader market0.005.0010.000.170.58
The chart of Martin ratio for PRNHX, currently valued at 1.11, compared to the broader market0.0020.0040.0060.001.115.80
PRNHX
PRSCX

The current PRNHX Sharpe Ratio is 0.34, which is lower than the PRSCX Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of PRNHX and PRSCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.34
1.19
PRNHX
PRSCX

Dividends

PRNHX vs. PRSCX - Dividend Comparison

PRNHX's dividend yield for the trailing twelve months is around 4.86%, while PRSCX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PRNHX
T. Rowe Price New Horizons Fund
4.86%0.00%4.72%17.09%13.58%11.73%13.94%8.27%5.77%7.72%11.65%6.61%
PRSCX
T. Rowe Price Science And Technology Fund
0.00%0.00%0.00%0.00%0.54%0.81%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PRNHX vs. PRSCX - Drawdown Comparison

The maximum PRNHX drawdown since its inception was -55.79%, smaller than the maximum PRSCX drawdown of -87.38%. Use the drawdown chart below to compare losses from any high point for PRNHX and PRSCX. For additional features, visit the drawdowns tool.


-40.00%-35.00%-30.00%-25.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-28.16%
-31.83%
PRNHX
PRSCX

Volatility

PRNHX vs. PRSCX - Volatility Comparison

The current volatility for T. Rowe Price New Horizons Fund (PRNHX) is 5.97%, while T. Rowe Price Science And Technology Fund (PRSCX) has a volatility of 9.65%. This indicates that PRNHX experiences smaller price fluctuations and is considered to be less risky than PRSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.97%
9.65%
PRNHX
PRSCX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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