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RPLCX vs. TRLGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RPLCX vs. TRLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Institutional Long Duration Credit Fund (RPLCX) and T. Rowe Price Large-Cap Growth Fund (TRLGX). The values are adjusted to include any dividend payments, if applicable.

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RPLCX vs. TRLGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RPLCX
T. Rowe Price Institutional Long Duration Credit Fund
-1.66%7.65%-1.84%9.05%-27.00%-0.19%16.73%23.72%-6.27%11.03%
TRLGX
T. Rowe Price Large-Cap Growth Fund
-11.46%17.51%37.57%46.22%-35.26%23.24%39.57%28.51%4.35%37.77%

Returns By Period

In the year-to-date period, RPLCX achieves a -1.66% return, which is significantly higher than TRLGX's -11.46% return. Over the past 10 years, RPLCX has underperformed TRLGX with an annualized return of 2.29%, while TRLGX has yielded a comparatively higher 16.72% annualized return.


RPLCX

1D
0.54%
1M
-3.14%
YTD
-1.66%
6M
-1.77%
1Y
2.65%
3Y*
2.30%
5Y*
-2.33%
10Y*
2.29%

TRLGX

1D
3.95%
1M
-5.81%
YTD
-11.46%
6M
-10.30%
1Y
12.15%
3Y*
22.38%
5Y*
9.59%
10Y*
16.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RPLCX vs. TRLGX - Expense Ratio Comparison

RPLCX has a 0.45% expense ratio, which is lower than TRLGX's 0.55% expense ratio.


Return for Risk

RPLCX vs. TRLGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RPLCX
RPLCX Risk / Return Rank: 1212
Overall Rank
RPLCX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
RPLCX Sortino Ratio Rank: 1010
Sortino Ratio Rank
RPLCX Omega Ratio Rank: 99
Omega Ratio Rank
RPLCX Calmar Ratio Rank: 1919
Calmar Ratio Rank
RPLCX Martin Ratio Rank: 1414
Martin Ratio Rank

TRLGX
TRLGX Risk / Return Rank: 2121
Overall Rank
TRLGX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
TRLGX Sortino Ratio Rank: 2525
Sortino Ratio Rank
TRLGX Omega Ratio Rank: 2323
Omega Ratio Rank
TRLGX Calmar Ratio Rank: 1717
Calmar Ratio Rank
TRLGX Martin Ratio Rank: 1717
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RPLCX vs. TRLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Institutional Long Duration Credit Fund (RPLCX) 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.


RPLCXTRLGXDifference

Sharpe ratio

Return per unit of total volatility

0.37

0.59

-0.22

Sortino ratio

Return per unit of downside risk

0.56

1.02

-0.46

Omega ratio

Gain probability vs. loss probability

1.07

1.14

-0.07

Calmar ratio

Return relative to maximum drawdown

0.70

0.55

+0.16

Martin ratio

Return relative to average drawdown

1.80

1.83

-0.03

RPLCX vs. TRLGX - Sharpe Ratio Comparison

The current RPLCX Sharpe Ratio is 0.37, which is lower than the TRLGX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of RPLCX and TRLGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


RPLCXTRLGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.37

0.59

-0.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.20

0.43

-0.63

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.22

0.77

-0.56

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.55

-0.21

Correlation

The correlation between RPLCX and TRLGX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

RPLCX vs. TRLGX - Dividend Comparison

RPLCX's dividend yield for the trailing twelve months is around 4.98%, less than TRLGX's 15.46% yield.


TTM20252024202320222021202020192018201720162015
RPLCX
T. Rowe Price Institutional Long Duration Credit Fund
4.98%5.32%5.17%4.15%3.54%6.09%7.16%13.58%4.33%4.07%3.79%4.70%
TRLGX
T. Rowe Price Large-Cap Growth Fund
15.46%13.69%9.80%2.04%3.88%2.56%0.42%4.09%7.93%9.27%1.64%4.71%

Drawdowns

RPLCX vs. TRLGX - Drawdown Comparison

The maximum RPLCX drawdown since its inception was -35.21%, smaller than the maximum TRLGX drawdown of -55.56%. Use the drawdown chart below to compare losses from any high point for RPLCX and TRLGX.


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Drawdown Indicators


RPLCXTRLGXDifference

Max Drawdown

Largest peak-to-trough decline

-35.21%

-55.56%

+20.35%

Max Drawdown (1Y)

Largest decline over 1 year

-5.80%

-18.18%

+12.38%

Max Drawdown (5Y)

Largest decline over 5 years

-35.21%

-40.44%

+5.23%

Max Drawdown (10Y)

Largest decline over 10 years

-35.21%

-40.44%

+5.23%

Current Drawdown

Current decline from peak

-18.88%

-14.94%

-3.94%

Average Drawdown

Average peak-to-trough decline

-10.02%

-8.71%

-1.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.27%

5.43%

-3.16%

Volatility

RPLCX vs. TRLGX - Volatility Comparison

The current volatility for T. Rowe Price Institutional Long Duration Credit Fund (RPLCX) is 3.35%, while T. Rowe Price Large-Cap Growth Fund (TRLGX) has a volatility of 7.19%. This indicates that RPLCX 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.


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Volatility by Period


RPLCXTRLGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.35%

7.19%

-3.84%

Volatility (6M)

Calculated over the trailing 6-month period

5.21%

12.51%

-7.30%

Volatility (1Y)

Calculated over the trailing 1-year period

8.79%

22.17%

-13.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.64%

22.41%

-10.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.59%

21.73%

-11.14%