PRUFX vs. SCHG

Last updated Jun 24, 2026

PRUFX (T. Rowe Price Growth Stock I) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both Large Cap Growth Equities funds - PRUFX tracks the S&P 500 while SCHG tracks the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Both are passively managed. Over the past 10 years, PRUFX returned 16.35%/yr vs 18.65%/yr for SCHG. With a 0.96 correlation, they move nearly in lockstep. PRUFX charges 0.52%/yr vs 0.04%/yr for SCHG.

Performance

PRUFX vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Growth Stock I (PRUFX) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRUFX achieves a 2.35% return, which is significantly higher than SCHG's 1.35% return. Over the past 10 years, PRUFX has underperformed SCHG with an annualized return of 16.35%, while SCHG has yielded a comparatively higher 18.65% annualized return.

PRUFX

• 1D: -1.20%
• 1M: -1.91%
• YTD: 2.35%
• 6M: 0.97%
• 1Y: 17.37%
• 3Y*: 22.64%
• 5Y*: 8.43%
• 10Y*: 16.35%

SCHG

• 1D: -1.37%
• 1M: -3.93%
• YTD: 1.35%
• 6M: 0.09%
• 1Y: 17.91%
• 3Y*: 22.13%
• 5Y*: 13.27%
• 10Y*: 18.65%

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

PRUFX vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRUFX T. Rowe Price Growth Stock I	2.35%	15.79%	38.50%	45.49%	-40.03%	20.01%	37.08%	31.83%	-0.90%	33.79%
SCHG Schwab U.S. Large-Cap Growth ETF	1.35%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%

Correlation

The correlation between PRUFX and SCHG is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.96

The correlation between PRUFX and SCHG has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

PRUFX vs. SCHG — Risk / Return Rank

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

PRUFX

PRUFX Risk / Return Rank: 15
PRUFX Sharpe Ratio Rank: 18
PRUFX Sortino Ratio Rank: 17
PRUFX Omega Ratio Rank: 17
PRUFX Calmar Ratio Rank: 12
PRUFX Martin Ratio Rank: 12

SCHG

SCHG Risk / Return Rank: 28
SCHG Sharpe Ratio Rank: 31
SCHG Sortino Ratio Rank: 30
SCHG Omega Ratio Rank: 30
SCHG Calmar Ratio Rank: 23
SCHG Martin Ratio Rank: 27

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.

PRUFX vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Growth Stock I (PRUFX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.

	PRUFX	SCHG	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.11	0.00
Sortino ratio: Return per unit of downside risk	1.58	1.56	+0.02
Omega ratio: Gain probability vs. loss probability	1.20	1.20	0.00
Calmar ratio: Return relative to maximum drawdown	1.04	1.10	-0.06
Martin ratio: Return relative to average drawdown	3.26	3.58	-0.32

PRUFX vs. SCHG - Sharpe Ratio Comparison

The current PRUFX Sharpe Ratio is 1.11, which is comparable to the SCHG Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of PRUFX and SCHG, 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

PRUFX vs. SCHG - Drawdown Comparison

The maximum PRUFX drawdown since its inception was -46.35%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for PRUFX and SCHG.

Drawdown Indicators

	PRUFX	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-46.35%	-34.59%	-11.76%
Max Drawdown (1Y) Largest decline over 1 year	-17.97%	-16.41%	-1.56%
Max Drawdown (3Y) Largest decline over 3 years	-22.66%	-23.39%	+0.73%
Max Drawdown (5Y) Largest decline over 5 years	-46.35%	-34.59%	-11.76%
Max Drawdown (10Y) Largest decline over 10 years	-46.35%	-34.59%	-11.76%
Current Drawdown Current decline from peak	-4.80%	-6.46%	+1.66%
Average Drawdown Average peak-to-trough decline	-9.54%	-5.20%	-4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	5.02%	+0.68%

Volatility

PRUFX vs. SCHG - Volatility Comparison

T. Rowe Price Growth Stock I (PRUFX) has a higher volatility of 6.26% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.91%. This indicates that PRUFX's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRUFX	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.26%	5.91%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	13.01%	12.52%	+0.49%
Volatility (1Y) Calculated over the trailing 1-year period	16.74%	16.24%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.18%	22.38%	+0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.16%	21.58%	+0.58%

PRUFX vs. SCHG - Expense Ratio Comparison

PRUFX has a 0.52% expense ratio, which is higher than SCHG's 0.04% expense ratio.

Dividends

PRUFX vs. SCHG - Dividend Comparison

PRUFX's dividend yield for the trailing twelve months is around 13.19%, more than SCHG's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRUFX T. Rowe Price Growth Stock I	13.19%	13.50%	13.20%	3.33%	3.54%	9.50%	3.64%	2.52%	9.26%	13.72%	2.38%	0.00%
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%

Frequently Asked Questions

Can I hold both PRUFX and SCHG in my portfolio?

With a correlation of 0.97, PRUFX and SCHG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PRUFX or SCHG?

PRUFX has higher volatility (6.26%) compared to SCHG (5.91%). In terms of maximum drawdown, PRUFX dropped -46.35% vs SCHG's -34.59%.

Which has better risk-adjusted returns?

PRUFX currently has the higher Sharpe Ratio (1.11 vs 1.11), 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.