PRSCX vs. QQQ
Compare and contrast key facts about T. Rowe Price Science And Technology Fund (PRSCX) and Invesco QQQ (QQQ).
PRSCX is managed by T. Rowe Price. It was launched on Sep 29, 1987. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRSCX or QQQ.
Performance
PRSCX vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, PRSCX achieves a 34.49% return, which is significantly higher than QQQ's 21.78% return. Over the past 10 years, PRSCX has underperformed QQQ with an annualized return of 2.11%, while QQQ has yielded a comparatively higher 17.95% annualized return.
PRSCX
34.49%
2.58%
13.22%
39.78%
4.86%
2.11%
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
PRSCX | QQQ | |
---|---|---|
Sharpe Ratio | 1.79 | 1.70 |
Sortino Ratio | 2.40 | 2.29 |
Omega Ratio | 1.31 | 1.31 |
Calmar Ratio | 0.80 | 2.19 |
Martin Ratio | 8.33 | 7.96 |
Ulcer Index | 4.80% | 3.72% |
Daily Std Dev | 22.37% | 17.39% |
Max Drawdown | -87.38% | -82.98% |
Current Drawdown | -28.91% | -3.42% |
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PRSCX vs. QQQ - Expense Ratio Comparison
PRSCX has a 0.84% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between PRSCX and QQQ is 0.92, 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.
Risk-Adjusted Performance
PRSCX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Science And Technology Fund (PRSCX) and Invesco QQQ (QQQ). 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
PRSCX vs. QQQ - Dividend Comparison
PRSCX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
PRSCX vs. QQQ - Drawdown Comparison
The maximum PRSCX drawdown since its inception was -87.38%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PRSCX and QQQ. For additional features, visit the drawdowns tool.
Volatility
PRSCX vs. QQQ - Volatility Comparison
T. Rowe Price Science And Technology Fund (PRSCX) has a higher volatility of 6.43% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that PRSCX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.