PRSCX vs. PRMTX

Last updated Jun 25, 2026

PRSCX (T. Rowe Price Science And Technology Fund) and PRMTX (T. Rowe Price Communications & Technology Fund) are both mutual funds - PRSCX is a Technology Equities fund actively managed by T. Rowe Price, while PRMTX is a Communications Equities fund managed by T. Rowe Price. Over the past 10 years, PRSCX returned 22.88%/yr vs 15.30%/yr for PRMTX. Their correlation of 0.80 suggests significant overlap in exposure. PRSCX charges 0.80%/yr vs 0.77%/yr for PRMTX.

Performance

PRSCX vs. PRMTX - Performance Comparison

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

Returns By Period

In the year-to-date period, PRSCX achieves a 34.24% return, which is significantly higher than PRMTX's -1.65% return. Over the past 10 years, PRSCX has outperformed PRMTX with an annualized return of 22.88%, while PRMTX has yielded a comparatively lower 15.30% annualized return.

PRSCX

• 1D: -7.38%
• 1M: 3.56%
• YTD: 34.24%
• 6M: 32.16%
• 1Y: 64.32%
• 3Y*: 37.75%
• 5Y*: 16.55%
• 10Y*: 22.88%

PRMTX

• 1D: -1.83%
• 1M: -3.57%
• YTD: -1.65%
• 6M: -2.41%
• 1Y: -3.91%
• 3Y*: 21.22%
• 5Y*: 4.80%
• 10Y*: 15.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRSCX vs. PRMTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRSCX T. Rowe Price Science And Technology Fund	34.24%	24.28%	40.49%	53.77%	-35.40%	5.83%	45.94%	53.80%	-7.52%	39.38%
PRMTX T. Rowe Price Communications & Technology Fund	-1.65%	6.86%	48.75%	39.30%	-40.90%	9.81%	53.69%	35.69%	-1.85%	33.00%

Correlation

The correlation between PRSCX and PRMTX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jan 7, 1994	0.80

The correlation between PRSCX and PRMTX shifts across timeframes, from 0.65 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PRSCX vs. PRMTX — Risk / Return Rank

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

PRSCX

PRSCX Risk / Return Rank: 75
PRSCX Sharpe Ratio Rank: 82
PRSCX Sortino Ratio Rank: 57
PRSCX Omega Ratio Rank: 67
PRSCX Calmar Ratio Rank: 86
PRSCX Martin Ratio Rank: 80

PRMTX

PRMTX Risk / Return Rank: 2
PRMTX Sharpe Ratio Rank: 2
PRMTX Sortino Ratio Rank: 2
PRMTX Omega Ratio Rank: 2
PRMTX Calmar Ratio Rank: 2
PRMTX Martin Ratio Rank: 2

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.

PRSCX vs. PRMTX - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PRSCX	PRMTX	Difference
Sharpe ratio: Return per unit of total volatility	2.46	-0.14	+2.61
Sortino ratio: Return per unit of downside risk	2.90	-0.09	+2.99
Omega ratio: Gain probability vs. loss probability	1.41	0.99	+0.42
Calmar ratio: Return relative to maximum drawdown	3.94	-0.13	+4.06
Martin ratio: Return relative to average drawdown	13.96	-0.30	+14.26

PRSCX vs. PRMTX - Sharpe Ratio Comparison

The current PRSCX Sharpe Ratio is 2.46, which is higher than the PRMTX Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of PRSCX and PRMTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRSCX vs. PRMTX - Drawdown Comparison

The maximum PRSCX drawdown since its inception was -85.26%, which is greater than PRMTX's maximum drawdown of -66.30%. Use the drawdown chart below to compare losses from any high point for PRSCX and PRMTX.

Drawdown Indicators

	PRSCX	PRMTX	Difference
Max Drawdown Largest peak-to-trough decline	-85.26%	-66.30%	-18.96%
Max Drawdown (1Y) Largest decline over 1 year	-17.99%	-17.29%	-0.70%
Max Drawdown (3Y) Largest decline over 3 years	-31.06%	-20.69%	-10.37%
Max Drawdown (5Y) Largest decline over 5 years	-46.19%	-47.17%	+0.98%
Max Drawdown (10Y) Largest decline over 10 years	-46.19%	-47.17%	+0.98%
Current Drawdown Current decline from peak	-7.38%	-9.41%	+2.03%
Average Drawdown Average peak-to-trough decline	-29.85%	-13.94%	-15.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.99%	7.41%	-2.42%

Volatility

PRSCX vs. PRMTX - Volatility Comparison

T. Rowe Price Science And Technology Fund (PRSCX) has a higher volatility of 17.47% compared to T. Rowe Price Communications & Technology Fund (PRMTX) at 6.83%. This indicates that PRSCX's price experiences larger fluctuations and is considered to be riskier than PRMTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRSCX	PRMTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.47%	6.83%	+10.64%
Volatility (6M) Calculated over the trailing 6-month period	25.24%	12.45%	+12.79%
Volatility (1Y) Calculated over the trailing 1-year period	28.73%	15.71%	+13.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.73%	21.69%	+7.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.27%	20.94%	+4.33%

PRSCX vs. PRMTX - Expense Ratio Comparison

PRSCX has a 0.80% expense ratio, which is higher than PRMTX's 0.77% expense ratio.

Dividends

PRSCX vs. PRMTX - Dividend Comparison

PRSCX's dividend yield for the trailing twelve months is around 8.59%, less than PRMTX's 25.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRMTX T. Rowe Price Communications & Technology Fund	25.65%	25.23%	14.78%	7.74%	17.50%	8.35%	5.29%	2.45%	1.28%	2.35%	2.24%	3.20%
PRSCX T. Rowe Price Science And Technology Fund	8.59%	11.53%	9.43%	0.00%	7.83%	33.69%	13.90%	10.91%	36.03%	13.21%	3.68%	18.51%

Frequently Asked Questions

Can I hold both PRSCX and PRMTX in my portfolio?

PRSCX and PRMTX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRSCX or PRMTX?

PRSCX has higher volatility (17.47%) compared to PRMTX (6.83%). In terms of maximum drawdown, PRSCX dropped -85.26% vs PRMTX's -66.30%.

Which has better risk-adjusted returns?

PRSCX currently has the higher Sharpe Ratio (2.46 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.