PRWAX vs. GQEPX
PRWAX (T. Rowe Price All-Cap Opportunities Fund) and GQEPX (GQG Partners US Select Quality Equity Fund Investor Shares) are both mutual funds - PRWAX is a Large Cap Growth Equities fund actively managed by T. Rowe Price, while GQEPX is a Quality Factor fund managed by GQG Partners. Over the past 5 years, PRWAX returned 8.53%/yr vs 9.07%/yr for GQEPX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. PRWAX charges 0.76%/yr vs 0.59%/yr for GQEPX.
Performance
PRWAX vs. GQEPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRWAX achieves a -1.10% return, which is significantly lower than GQEPX's 5.74% return.
PRWAX
- 1D
- 1.76%
- 1M
- -1.38%
- 6M
- -0.18%
- YTD
- -1.10%
- 1Y
- 7.57%
- 3Y*
- 14.80%
- 5Y*
- 8.53%
- 10Y*
- 16.77%
- ALL TIME*
- 11.61%
GQEPX
- 1D
- 0.28%
- 1M
- 0.33%
- 6M
- 1.93%
- YTD
- 5.74%
- 1Y
- 6.22%
- 3Y*
- 11.35%
- 5Y*
- 9.07%
- 10Y*
- —
- ALL TIME*
- 12.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRWAX vs. GQEPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PRWAX T. Rowe Price All-Cap Opportunities Fund | -1.10% | 16.37% | 25.24% | 29.02% | -21.37% | 20.63% | 44.73% | 35.08% | -14.40% |
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares | 5.74% | -4.52% | 28.99% | 17.39% | -2.81% | 19.90% | 23.65% | 27.21% | -7.67% |
Correlation
The correlation between PRWAX and GQEPX is -0.18, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018 | 0.74 |
The correlation between PRWAX and GQEPX shifts across timeframes, from -0.18 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRWAX vs. GQEPX — Risk / Return Rank
PRWAX
GQEPX
PRWAX vs. GQEPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price All-Cap Opportunities Fund (PRWAX) and GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX). 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.
| PRWAX | GQEPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.10 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 0.71 | -0.31 |
| Martin ratioReturn relative to average drawdown | 1.36 | 1.61 | -0.25 |
Loading charts...
Drawdowns
PRWAX vs. GQEPX - Drawdown Comparison
The maximum PRWAX drawdown since its inception was -55.06%, which is greater than GQEPX's maximum drawdown of -28.45%. Use the drawdown chart below to compare losses from any high point for PRWAX and GQEPX.
Loading charts...
Drawdown Indicators
| PRWAX | GQEPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -28.45% | -26.61% |
Max Drawdown (1Y)Largest decline over 1 year | -14.09% | -8.48% | -5.61% |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | -18.97% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -29.38% | -20.49% | -8.89% |
Max Drawdown (10Y)Largest decline over 10 years | -30.50% | — | — |
Current DrawdownCurrent decline from peak | -3.04% | -9.74% | +6.70% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -5.90% | -3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.13% | 3.74% | +0.39% |
Volatility
PRWAX vs. GQEPX - Volatility Comparison
T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a higher volatility of 4.17% compared to GQG Partners US Select Quality Equity Fund Investor Shares (GQEPX) at 2.69%. This indicates that PRWAX's price experiences larger fluctuations and is considered to be riskier than GQEPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRWAX | GQEPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.17% | 2.69% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 11.97% | 8.34% | +3.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.62% | 10.57% | +4.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.78% | 15.89% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.74% | 18.62% | +0.12% |
PRWAX vs. GQEPX - Expense Ratio Comparison
PRWAX has a 0.76% expense ratio, which is higher than GQEPX's 0.59% expense ratio.
Dividends
PRWAX vs. GQEPX - Dividend Comparison
PRWAX's dividend yield for the trailing twelve months is around 8.44%, more than GQEPX's 6.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQEPX GQG Partners US Select Quality Equity Fund Investor Shares | 6.60% | 6.98% | 5.30% | 0.44% | 4.46% | 1.49% | 0.61% | 0.63% | 0.09% | 0.00% | 0.00% | 0.00% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 8.44% | 8.35% | 9.22% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% |
Frequently Asked Questions
PRWAX and GQEPX have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRWAX has higher volatility (4.17%) compared to GQEPX (2.69%). In terms of maximum drawdown, PRWAX dropped -55.06% vs GQEPX's -28.45%.
GQEPX currently has the higher Sharpe Ratio (0.57 vs 0.39), 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.
Find the right allocation for PRWAX and GQEPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer