PRWAX vs. TRLGX
PRWAX (T. Rowe Price All-Cap Opportunities Fund) and TRLGX (T. Rowe Price Large-Cap Growth Fund) are both Large Cap Growth Equities funds from T. Rowe Price. Both are actively managed. Over the past 10 years, PRWAX returned 16.77%/yr vs 17.47%/yr for TRLGX. Their 0.96 correlation means they have historically moved very closely together. PRWAX charges 0.76%/yr vs 0.55%/yr for TRLGX.
Performance
PRWAX vs. TRLGX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRWAX achieves a -1.10% return, which is significantly lower than TRLGX's 0.26% return. Both investments have delivered pretty close results over the past 10 years, with PRWAX having a 16.77% annualized return and TRLGX not far ahead at 17.47%.
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%
TRLGX
- 1D
- 2.28%
- 1M
- -1.09%
- 6M
- 3.17%
- YTD
- 0.26%
- 1Y
- 9.47%
- 3Y*
- 20.62%
- 5Y*
- 9.64%
- 10Y*
- 17.47%
- ALL TIME*
- 12.23%
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. TRLGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRWAX T. Rowe Price All-Cap Opportunities Fund | -1.10% | 16.37% | 25.24% | 29.02% | -21.37% | 20.63% | 44.73% | 35.08% | 1.26% | 34.51% |
TRLGX T. Rowe Price Large-Cap Growth Fund | 0.26% | 17.51% | 37.57% | 46.22% | -35.26% | 23.24% | 39.57% | 28.51% | 4.35% | 37.77% |
Correlation
The correlation between PRWAX and TRLGX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2001 | 0.96 |
The correlation between PRWAX and TRLGX has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.
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. TRLGX — Risk / Return Rank
PRWAX
TRLGX
PRWAX vs. TRLGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price All-Cap Opportunities Fund (PRWAX) and T. Rowe Price Large-Cap Growth Fund (TRLGX). 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 | TRLGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.08 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 0.39 | +0.01 |
| Martin ratioReturn relative to average drawdown | 1.36 | 1.15 | +0.21 |
Loading charts...
Drawdowns
PRWAX vs. TRLGX - Drawdown Comparison
The maximum PRWAX drawdown since its inception was -55.06%, roughly equal to the maximum TRLGX drawdown of -55.56%. Use the drawdown chart below to compare losses from any high point for PRWAX and TRLGX.
Loading charts...
Drawdown Indicators
| PRWAX | TRLGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -55.56% | +0.50% |
Max Drawdown (1Y)Largest decline over 1 year | -14.09% | -18.18% | +4.09% |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | -21.17% | +2.11% |
Max Drawdown (5Y)Largest decline over 5 years | -29.38% | -40.44% | +11.06% |
Max Drawdown (10Y)Largest decline over 10 years | -30.50% | -40.44% | +9.94% |
Current DrawdownCurrent decline from peak | -3.04% | -5.48% | +2.44% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -8.65% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.13% | 6.08% | -1.95% |
Volatility
PRWAX vs. TRLGX - Volatility Comparison
The current volatility for T. Rowe Price All-Cap Opportunities Fund (PRWAX) is 4.17%, while T. Rowe Price Large-Cap Growth Fund (TRLGX) has a volatility of 5.12%. This indicates that PRWAX experiences smaller price fluctuations and is considered to be less risky than TRLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRWAX | TRLGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.17% | 5.12% | -0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 11.97% | 14.09% | -2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.62% | 17.23% | -2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.78% | 22.57% | -4.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.74% | 21.80% | -3.06% |
PRWAX vs. TRLGX - Expense Ratio Comparison
PRWAX has a 0.76% expense ratio, which is higher than TRLGX's 0.55% expense ratio.
Dividends
PRWAX vs. TRLGX - Dividend Comparison
PRWAX's dividend yield for the trailing twelve months is around 8.44%, less than TRLGX's 13.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TRLGX T. Rowe Price Large-Cap Growth Fund | 13.66% | 13.69% | 9.80% | 2.04% | 3.88% | 2.56% | 0.42% | 4.09% | 7.93% | 9.27% | 1.64% | 4.71% |
Frequently Asked Questions
With a correlation of 0.90, PRWAX and TRLGX 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.
TRLGX has higher volatility (5.12%) compared to PRWAX (4.17%). In terms of maximum drawdown, PRWAX dropped -55.06% vs TRLGX's -55.56%.
TRLGX currently has the higher Sharpe Ratio (0.41 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 TRLGX
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