PRWAX vs. PRFRX
Compare and contrast key facts about T. Rowe Price All-Cap Opportunities Fund (PRWAX) and T. Rowe Price Floating Rate Fund (PRFRX).
PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985. PRFRX is managed by T. Rowe Price. It was launched on Jul 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRWAX or PRFRX.
Correlation
The correlation between PRWAX and PRFRX is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRWAX vs. PRFRX - Performance Comparison
Key characteristics
PRWAX:
0.44
PRFRX:
2.08
PRWAX:
0.74
PRFRX:
3.79
PRWAX:
1.10
PRFRX:
1.87
PRWAX:
0.45
PRFRX:
2.03
PRWAX:
1.77
PRFRX:
10.36
PRWAX:
4.75%
PRFRX:
0.57%
PRWAX:
19.20%
PRFRX:
2.83%
PRWAX:
-55.06%
PRFRX:
-20.05%
PRWAX:
-11.94%
PRFRX:
-1.62%
Returns By Period
In the year-to-date period, PRWAX achieves a -7.25% return, which is significantly lower than PRFRX's -0.80% return. Over the past 10 years, PRWAX has outperformed PRFRX with an annualized return of 14.34%, while PRFRX has yielded a comparatively lower 4.32% annualized return.
PRWAX
-7.25%
-5.45%
-6.09%
5.76%
16.19%
14.34%
PRFRX
-0.80%
-1.08%
1.33%
5.78%
6.85%
4.32%
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PRWAX vs. PRFRX - Expense Ratio Comparison
PRWAX has a 0.76% expense ratio, which is higher than PRFRX's 0.75% expense ratio.
Risk-Adjusted Performance
PRWAX vs. PRFRX — Risk-Adjusted Performance Rank
PRWAX
PRFRX
PRWAX vs. PRFRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price All-Cap Opportunities Fund (PRWAX) and T. Rowe Price Floating Rate Fund (PRFRX). 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. PRFRX - Dividend Comparison
PRWAX's dividend yield for the trailing twelve months is around 9.94%, more than PRFRX's 7.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRWAX T. Rowe Price All-Cap Opportunities Fund | 9.94% | 9.22% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% | 14.73% |
PRFRX T. Rowe Price Floating Rate Fund | 7.35% | 8.17% | 8.33% | 5.20% | 3.87% | 4.00% | 4.84% | 4.86% | 4.04% | 4.08% | 4.08% | 3.85% |
Drawdowns
PRWAX vs. PRFRX - Drawdown Comparison
The maximum PRWAX drawdown since its inception was -55.06%, which is greater than PRFRX's maximum drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for PRWAX and PRFRX. For additional features, visit the drawdowns tool.
Volatility
PRWAX vs. PRFRX - Volatility Comparison
T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a higher volatility of 13.06% compared to T. Rowe Price Floating Rate Fund (PRFRX) at 1.53%. This indicates that PRWAX's price experiences larger fluctuations and is considered to be riskier than PRFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.