TCAF vs. ^SP500TR
Compare and contrast key facts about T. Rowe Price Capital Appreciation Equity ETF (TCAF) and S&P 500 Total Return (^SP500TR).
TCAF is an actively managed fund by T. Rowe Price. It was launched on Jun 14, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCAF or ^SP500TR.
Key characteristics
| TCAF | ^SP500TR | |
|---|---|---|
| YTD Return | 23.96% | 26.96% |
| 1Y Return | 31.71% | 35.01% |
| Sharpe Ratio | 2.97 | 3.06 |
| Sortino Ratio | 4.00 | 4.07 |
| Omega Ratio | 1.55 | 1.58 |
| Calmar Ratio | 5.68 | 4.45 |
| Martin Ratio | 23.44 | 20.17 |
| Ulcer Index | 1.45% | 1.87% |
| Daily Std Dev | 11.44% | 12.28% |
| Max Drawdown | -8.80% | -55.25% |
| Current Drawdown | -0.15% | -0.26% |
Correlation
The correlation between TCAF and ^SP500TR is 0.95, 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
TCAF vs. ^SP500TR - Performance Comparison
In the year-to-date period, TCAF achieves a 23.96% return, which is significantly lower than ^SP500TR's 26.96% 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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Risk-Adjusted Performance
TCAF vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Capital Appreciation Equity ETF (TCAF) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
TCAF vs. ^SP500TR - Drawdown Comparison
The maximum TCAF drawdown since its inception was -8.80%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for TCAF and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
TCAF vs. ^SP500TR - Volatility Comparison
The current volatility for T. Rowe Price Capital Appreciation Equity ETF (TCAF) is 3.44%, while S&P 500 Total Return (^SP500TR) has a volatility of 3.75%. This indicates that TCAF experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.