PRSCX vs. TOWTX

Last updated Aug 1, 2026

PRSCX (T. Rowe Price Science And Technology Fund) and TOWTX (Towpath Technology Fund) are both Technology Equities funds. Over the past 5 years, PRSCX returned 14.74%/yr vs 8.58%/yr for TOWTX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. PRSCX charges 0.80%/yr vs 1.10%/yr for TOWTX.

Performance

PRSCX vs. TOWTX - Performance Comparison

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

Returns By Period

In the year-to-date period, PRSCX achieves a 19.55% return, which is significantly higher than TOWTX's 8.11% return.

PRSCX

• 1D: 3.31%
• 1M: -3.85%
• 6M: 10.61%
• YTD: 19.55%
• 1Y: 38.20%
• 3Y*: 29.12%
• 5Y*: 14.74%
• 10Y*: 20.54%
• ALL TIME*: 13.58%

TOWTX

• 1D: -0.67%
• 1M: 0.31%
• 6M: 8.25%
• YTD: 8.11%
• 1Y: 19.11%
• 3Y*: 11.65%
• 5Y*: 8.58%
• 10Y*: —
• ALL TIME*: 10.20%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PRSCX T. Rowe Price Science And Technology Fund	$0.00	$0.00	$0.00
TOWTX Towpath Technology Fund	$0.00	$0.00	$0.00

PRSCX vs. TOWTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PRSCX T. Rowe Price Science And Technology Fund	19.55%	24.28%	40.49%	53.77%	-35.40%	5.77%
TOWTX Towpath Technology Fund	8.11%	9.55%	12.82%	29.78%	-15.96%	17.73%

Correlation

The correlation between PRSCX and TOWTX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.57
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.78
Correlation (All Time) Calculated using the full available price history since Jan 7, 2021	0.78

Over the past year, the correlation between PRSCX and TOWTX has dropped to 0.57 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

PRSCX vs. TOWTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRSCX

PRSCX Risk / Return Rank: 42
PRSCX Sharpe Ratio Rank: 41
PRSCX Sortino Ratio Rank: 37
PRSCX Omega Ratio Rank: 42
PRSCX Calmar Ratio Rank: 53
PRSCX Martin Ratio Rank: 38

TOWTX

TOWTX Risk / Return Rank: 32
TOWTX Sharpe Ratio Rank: 34
TOWTX Sortino Ratio Rank: 32
TOWTX Omega Ratio Rank: 31
TOWTX Calmar Ratio Rank: 33
TOWTX Martin Ratio Rank: 30

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRSCX vs. TOWTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Science And Technology Fund (PRSCX) and Towpath Technology Fund (TOWTX). 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	TOWTX	Difference
Sharpe ratio: Return per unit of total volatility	1.17	1.10	+0.08
Sortino ratio: Return per unit of downside risk	1.61	1.56	+0.05
Omega ratio: Gain probability vs. loss probability	1.22	1.19	+0.03
Calmar ratio: Return relative to maximum drawdown	1.85	1.48	+0.37
Martin ratio: Return relative to average drawdown	5.45	4.41	+1.04

PRSCX vs. TOWTX - Sharpe Ratio Comparison

The current PRSCX Sharpe Ratio is 1.17, which is comparable to the TOWTX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of PRSCX and TOWTX, 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. TOWTX - Drawdown Comparison

The maximum PRSCX drawdown since its inception was -85.26%, roughly equal to the maximum TOWTX drawdown of -88.96%. Use the drawdown chart below to compare losses from any high point for PRSCX and TOWTX.

Drawdown Indicators

	PRSCX	TOWTX	Difference
Max Drawdown Largest peak-to-trough decline	-85.26%	-88.96%	+3.70%
Max Drawdown (1Y) Largest decline over 1 year	-20.17%	-11.62%	-8.55%
Max Drawdown (3Y) Largest decline over 3 years	-31.06%	-88.96%	+57.90%
Max Drawdown (5Y) Largest decline over 5 years	-46.19%	-88.96%	+42.77%
Max Drawdown (10Y) Largest decline over 10 years	-46.19%	—	—
Current Drawdown Current decline from peak	-17.52%	-84.82%	+67.30%
Average Drawdown Average peak-to-trough decline	-29.81%	-26.89%	-2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.75%	3.90%	+2.85%

Volatility

PRSCX vs. TOWTX - Volatility Comparison

T. Rowe Price Science And Technology Fund (PRSCX) has a higher volatility of 11.29% compared to Towpath Technology Fund (TOWTX) at 4.12%. This indicates that PRSCX's price experiences larger fluctuations and is considered to be riskier than TOWTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRSCX	TOWTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.29%	4.12%	+7.17%
Volatility (6M) Calculated over the trailing 6-month period	28.30%	12.35%	+15.95%
Volatility (1Y) Calculated over the trailing 1-year period	31.85%	15.77%	+16.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.35%	146.58%	-117.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.62%	139.02%	-113.40%

PRSCX vs. TOWTX - Expense Ratio Comparison

PRSCX has a 0.80% expense ratio, which is lower than TOWTX's 1.10% expense ratio.

Dividends

PRSCX vs. TOWTX - Dividend Comparison

PRSCX's dividend yield for the trailing twelve months is around 9.64%, more than TOWTX's 1.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRSCX T. Rowe Price Science And Technology Fund	9.64%	11.53%	9.43%	0.00%	7.83%	33.69%	13.90%	10.91%	36.03%	13.21%	3.68%	18.51%
TOWTX Towpath Technology Fund	1.58%	1.70%	3.55%	0.42%	0.57%	0.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRSCX and TOWTX in my portfolio?

PRSCX and TOWTX have a correlation of 0.57, 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 TOWTX?

PRSCX has higher volatility (11.29%) compared to TOWTX (4.12%). In terms of maximum drawdown, PRSCX dropped -85.26% vs TOWTX's -88.96%.

Which has better risk-adjusted returns?

PRSCX currently has the higher Sharpe Ratio (1.17 vs 1.10), 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.