PRWAX vs. APGAX
Compare and contrast key facts about T. Rowe Price All-Cap Opportunities Fund (PRWAX) and AB Large Cap Growth Fund Class A (APGAX).
PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985. APGAX is managed by AllianceBernstein. It was launched on Oct 1, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRWAX or APGAX.
Performance
PRWAX vs. APGAX - Performance Comparison
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
24.85%
-0.21%
8.33%
25.43%
7.40%
5.22%
APGAX
23.38%
0.09%
7.37%
28.42%
12.25%
9.01%
Key characteristics
PRWAX | APGAX | |
---|---|---|
Sharpe Ratio | 1.88 | 1.78 |
Sortino Ratio | 2.46 | 2.41 |
Omega Ratio | 1.36 | 1.33 |
Calmar Ratio | 0.97 | 1.83 |
Martin Ratio | 10.62 | 8.47 |
Ulcer Index | 2.44% | 3.36% |
Daily Std Dev | 13.78% | 15.98% |
Max Drawdown | -70.45% | -69.97% |
Current Drawdown | -6.48% | -3.28% |
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PRWAX vs. APGAX - Expense Ratio Comparison
PRWAX has a 0.76% expense ratio, which is lower than APGAX's 0.84% expense ratio.
Correlation
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.
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.