PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PRWAX vs. APGAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PRWAX vs. APGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price All-Cap Opportunities Fund (PRWAX) and AB Large Cap Growth Fund Class A (APGAX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.33%
7.37%
PRWAX
APGAX

Returns By Period

In the year-to-date period, PRWAX achieves a 24.85% return, which is significantly higher than APGAX's 23.38% return. Over the past 10 years, PRWAX has underperformed APGAX with an annualized return of 5.22%, while APGAX has yielded a comparatively higher 9.01% annualized return.


PRWAX

YTD

24.85%

1M

-0.21%

6M

8.33%

1Y

25.43%

5Y (annualized)

7.40%

10Y (annualized)

5.22%

APGAX

YTD

23.38%

1M

0.09%

6M

7.37%

1Y

28.42%

5Y (annualized)

12.25%

10Y (annualized)

9.01%

Key characteristics


PRWAXAPGAX
Sharpe Ratio1.881.78
Sortino Ratio2.462.41
Omega Ratio1.361.33
Calmar Ratio0.971.83
Martin Ratio10.628.47
Ulcer Index2.44%3.36%
Daily Std Dev13.78%15.98%
Max Drawdown-70.45%-69.97%
Current Drawdown-6.48%-3.28%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PRWAX vs. APGAX - Expense Ratio Comparison

PRWAX has a 0.76% expense ratio, which is lower than APGAX's 0.84% expense ratio.


APGAX
AB Large Cap Growth Fund Class A
Expense ratio chart for APGAX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
Expense ratio chart for PRWAX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Correlation

-0.50.00.51.00.9

The correlation between PRWAX and APGAX is 0.90, 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

PRWAX vs. APGAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price All-Cap Opportunities Fund (PRWAX) and AB Large Cap Growth Fund Class A (APGAX). 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.


Sharpe ratio
The chart of Sharpe ratio for PRWAX, currently valued at 1.85, compared to the broader market0.002.004.001.851.78
The chart of Sortino ratio for PRWAX, currently valued at 2.43, compared to the broader market0.005.0010.002.432.41
The chart of Omega ratio for PRWAX, currently valued at 1.35, compared to the broader market1.002.003.004.001.351.33
The chart of Calmar ratio for PRWAX, currently valued at 0.96, compared to the broader market0.005.0010.0015.0020.0025.000.961.83
The chart of Martin ratio for PRWAX, currently valued at 10.46, compared to the broader market0.0020.0040.0060.0080.00100.0010.468.47
PRWAX
APGAX

The current PRWAX Sharpe Ratio is 1.88, which is comparable to the APGAX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of PRWAX and APGAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.85
1.78
PRWAX
APGAX

Dividends

PRWAX vs. APGAX - Dividend Comparison

PRWAX's dividend yield for the trailing twelve months is around 0.16%, while APGAX has not paid dividends to shareholders.


TTM20232022202120202019201820172016
PRWAX
T. Rowe Price All-Cap Opportunities Fund
0.16%0.20%0.00%0.00%0.03%0.40%0.23%0.17%0.05%
APGAX
AB Large Cap Growth Fund Class A
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%

Drawdowns

PRWAX vs. APGAX - Drawdown Comparison

The maximum PRWAX drawdown since its inception was -70.45%, roughly equal to the maximum APGAX drawdown of -69.97%. Use the drawdown chart below to compare losses from any high point for PRWAX and APGAX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.48%
-3.28%
PRWAX
APGAX

Volatility

PRWAX vs. APGAX - Volatility Comparison

The current volatility for T. Rowe Price All-Cap Opportunities Fund (PRWAX) is 3.97%, while AB Large Cap Growth Fund Class A (APGAX) has a volatility of 5.22%. This indicates that PRWAX experiences smaller price fluctuations and is considered to be less risky than APGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.97%
5.22%
PRWAX
APGAX