QGRO vs. PRWAX
Compare and contrast key facts about American Century STOXX U.S. Quality Growth ETF (QGRO) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
QGRO is a passively managed fund by American Century Investments that tracks the performance of the iSTOXX American Century USA Quality Growth (USD)(GR). It was launched on Sep 10, 2018. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QGRO or PRWAX.
Key characteristics
| QGRO | PRWAX | |
|---|---|---|
| YTD Return | 33.34% | 28.07% |
| 1Y Return | 46.90% | 30.88% |
| 3Y Return (Ann) | 9.46% | -0.88% |
| 5Y Return (Ann) | 19.17% | 8.22% |
| Sharpe Ratio | 3.25 | 2.39 |
| Sortino Ratio | 4.32 | 3.07 |
| Omega Ratio | 1.56 | 1.45 |
| Calmar Ratio | 4.12 | 1.23 |
| Martin Ratio | 19.41 | 13.53 |
| Ulcer Index | 2.54% | 2.43% |
| Daily Std Dev | 15.13% | 13.72% |
| Max Drawdown | -32.57% | -70.45% |
| Current Drawdown | 0.00% | -4.07% |
Correlation
The correlation between QGRO and PRWAX 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.
Performance
QGRO vs. PRWAX - Performance Comparison
In the year-to-date period, QGRO achieves a 33.34% return, which is significantly higher than PRWAX's 28.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QGRO vs. PRWAX - Expense Ratio Comparison
QGRO has a 0.29% expense ratio, which is lower than PRWAX's 0.76% expense ratio.
Risk-Adjusted Performance
QGRO vs. PRWAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century STOXX U.S. Quality Growth ETF (QGRO) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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
QGRO vs. PRWAX - Dividend Comparison
QGRO's dividend yield for the trailing twelve months is around 0.29%, more than PRWAX's 0.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
QGRO American Century STOXX U.S. Quality Growth ETF | 0.29% | 0.41% | 0.46% | 0.31% | 0.22% | 0.38% | 0.13% | 0.00% | 0.00% |
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% |
Drawdowns
QGRO vs. PRWAX - Drawdown Comparison
The maximum QGRO drawdown since its inception was -32.57%, smaller than the maximum PRWAX drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for QGRO and PRWAX. For additional features, visit the drawdowns tool.
Volatility
QGRO vs. PRWAX - Volatility Comparison
American Century STOXX U.S. Quality Growth ETF (QGRO) has a higher volatility of 5.13% compared to T. Rowe Price All-Cap Opportunities Fund (PRWAX) at 3.69%. This indicates that QGRO's price experiences larger fluctuations and is considered to be riskier than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.