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PRNYX vs. TRBCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PRNYX vs. TRBCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price New York Tax Free Bond Fund (PRNYX) and T. Rowe Price Blue Chip Growth Fund (TRBCX). The values are adjusted to include any dividend payments, if applicable.

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PRNYX vs. TRBCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PRNYX
T. Rowe Price New York Tax Free Bond Fund
0.43%6.11%2.22%8.08%-11.19%3.27%4.08%6.59%0.80%4.69%
TRBCX
T. Rowe Price Blue Chip Growth Fund
-11.24%18.78%48.46%49.42%-38.57%17.54%34.73%29.97%2.00%36.54%

Returns By Period

In the year-to-date period, PRNYX achieves a 0.43% return, which is significantly higher than TRBCX's -11.24% return. Over the past 10 years, PRNYX has underperformed TRBCX with an annualized return of 2.25%, while TRBCX has yielded a comparatively higher 15.86% annualized return.


PRNYX

1D
0.38%
1M
-2.11%
YTD
0.43%
6M
2.87%
1Y
7.17%
3Y*
4.39%
5Y*
1.53%
10Y*
2.25%

TRBCX

1D
3.90%
1M
-5.48%
YTD
-11.24%
6M
-10.00%
1Y
15.04%
3Y*
26.18%
5Y*
10.52%
10Y*
15.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PRNYX vs. TRBCX - Expense Ratio Comparison

PRNYX has a 0.53% expense ratio, which is lower than TRBCX's 0.69% expense ratio.


Return for Risk

PRNYX vs. TRBCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRNYX
PRNYX Risk / Return Rank: 6161
Overall Rank
PRNYX Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
PRNYX Sortino Ratio Rank: 6363
Sortino Ratio Rank
PRNYX Omega Ratio Rank: 8383
Omega Ratio Rank
PRNYX Calmar Ratio Rank: 5050
Calmar Ratio Rank
PRNYX Martin Ratio Rank: 4141
Martin Ratio Rank

TRBCX
TRBCX Risk / Return Rank: 2727
Overall Rank
TRBCX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
TRBCX Sortino Ratio Rank: 3131
Sortino Ratio Rank
TRBCX Omega Ratio Rank: 3030
Omega Ratio Rank
TRBCX Calmar Ratio Rank: 2525
Calmar Ratio Rank
TRBCX Martin Ratio Rank: 2424
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRNYX vs. TRBCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New York Tax Free Bond Fund (PRNYX) and T. Rowe Price Blue Chip Growth Fund (TRBCX). 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.


PRNYXTRBCXDifference

Sharpe ratio

Return per unit of total volatility

1.33

0.69

+0.64

Sortino ratio

Return per unit of downside risk

1.78

1.14

+0.64

Omega ratio

Gain probability vs. loss probability

1.36

1.16

+0.20

Calmar ratio

Return relative to maximum drawdown

1.47

0.76

+0.70

Martin ratio

Return relative to average drawdown

4.98

2.68

+2.30

PRNYX vs. TRBCX - Sharpe Ratio Comparison

The current PRNYX Sharpe Ratio is 1.33, which is higher than the TRBCX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of PRNYX and TRBCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PRNYXTRBCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.33

0.69

+0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.44

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.70

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

1.07

0.57

+0.49

Correlation

The correlation between PRNYX and TRBCX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

PRNYX vs. TRBCX - Dividend Comparison

PRNYX's dividend yield for the trailing twelve months is around 6.58%, more than TRBCX's 5.91% yield.


TTM20252024202320222021202020192018201720162015
PRNYX
T. Rowe Price New York Tax Free Bond Fund
6.58%6.19%3.22%3.33%2.15%2.46%2.86%2.90%3.24%3.19%3.34%3.43%
TRBCX
T. Rowe Price Blue Chip Growth Fund
5.91%5.25%18.16%3.49%5.87%9.38%1.19%0.36%2.44%2.94%0.67%3.26%

Drawdowns

PRNYX vs. TRBCX - Drawdown Comparison

The maximum PRNYX drawdown since its inception was -19.17%, smaller than the maximum TRBCX drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for PRNYX and TRBCX.


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Drawdown Indicators


PRNYXTRBCXDifference

Max Drawdown

Largest peak-to-trough decline

-19.17%

-54.56%

+35.39%

Max Drawdown (1Y)

Largest decline over 1 year

-5.50%

-17.01%

+11.51%

Max Drawdown (5Y)

Largest decline over 5 years

-16.01%

-43.63%

+27.62%

Max Drawdown (10Y)

Largest decline over 10 years

-16.01%

-43.63%

+27.62%

Current Drawdown

Current decline from peak

-2.47%

-13.77%

+11.30%

Average Drawdown

Average peak-to-trough decline

-2.40%

-11.35%

+8.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.62%

4.86%

-3.24%

Volatility

PRNYX vs. TRBCX - Volatility Comparison

The current volatility for T. Rowe Price New York Tax Free Bond Fund (PRNYX) is 1.36%, while T. Rowe Price Blue Chip Growth Fund (TRBCX) has a volatility of 7.01%. This indicates that PRNYX experiences smaller price fluctuations and is considered to be less risky than TRBCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRNYXTRBCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.36%

7.01%

-5.65%

Volatility (6M)

Calculated over the trailing 6-month period

2.14%

13.72%

-11.58%

Volatility (1Y)

Calculated over the trailing 1-year period

5.75%

23.49%

-17.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.55%

24.05%

-19.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.18%

22.76%

-18.58%