TCHP vs. MFUS

Last updated Jun 4, 2026

TCHP (T. Rowe Price Blue Chip Growth ETF) and MFUS (PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF) are both Large Cap Growth Equities funds. TCHP is actively managed, while MFUS is passively managed. Over the past 5 years, TCHP returned 11.66%/yr vs 12.82%/yr for MFUS. A 0.67 correlation means they provide meaningful diversification when combined. TCHP charges 0.57%/yr vs 0.30%/yr for MFUS.

Performance

TCHP vs. MFUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Blue Chip Growth ETF (TCHP) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCHP achieves a 3.99% return, which is significantly lower than MFUS's 16.37% return.

TCHP

• 1D: -1.29%
• 1M: 3.68%
• YTD: 3.99%
• 6M: 4.18%
• 1Y: 20.05%
• 3Y*: 24.50%
• 5Y*: 11.66%
• 10Y*: —

MFUS

• 1D: 0.03%
• 1M: 5.72%
• YTD: 16.37%
• 6M: 16.58%
• 1Y: 28.04%
• 3Y*: 22.25%
• 5Y*: 12.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TCHP vs. MFUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TCHP T. Rowe Price Blue Chip Growth ETF	3.99%	18.40%	36.06%	50.10%	-37.81%	18.08%	11.37%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	16.37%	16.02%	20.17%	12.19%	-5.82%	24.10%	15.46%

Correlation

The correlation between TCHP and MFUS is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Aug 6, 2020	0.67

The correlation between TCHP and MFUS shifts across timeframes, from 0.52 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

TCHP vs. MFUS - Sectors Allocation Comparison

Sectors	TCHP	MFUS
Technology	47.9%	21.8%
Consumer Cyclical	16.2%	10.6%
Communication Services	15.7%	5.3%
Financial Services	8.0%	12.6%
Healthcare	6.6%	13.5%
Industrials	3.6%	12.6%
Consumer Defensive	0.8%	10.3%
Basic Materials	0.8%	2.8%
Utilities	0.5%	1.7%
Energy	-	7.0%
Real Estate	-	1.8%

Return for Risk

TCHP vs. MFUS — Risk / Return Rank

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

TCHP

TCHP Risk / Return Rank: 30
TCHP Sharpe Ratio Rank: 34
TCHP Sortino Ratio Rank: 32
TCHP Omega Ratio Rank: 32
TCHP Calmar Ratio Rank: 24
TCHP Martin Ratio Rank: 27

MFUS

MFUS Risk / Return Rank: 82
MFUS Sharpe Ratio Rank: 80
MFUS Sortino Ratio Rank: 83
MFUS Omega Ratio Rank: 78
MFUS Calmar Ratio Rank: 83
MFUS Martin Ratio Rank: 86

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.

TCHP vs. MFUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth ETF (TCHP) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). 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.

	TCHP	MFUS	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.63	-1.38
Sortino ratio: Return per unit of downside risk	1.76	3.77	-2.01
Omega ratio: Gain probability vs. loss probability	1.22	1.47	-0.25
Calmar ratio: Return relative to maximum drawdown	1.15	4.41	-3.26
Martin ratio: Return relative to average drawdown	3.84	18.13	-14.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TCHP vs. MFUS - Sharpe Ratio Comparison

The current TCHP Sharpe Ratio is 1.25, which is lower than the MFUS Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of TCHP and MFUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TCHP	MFUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	2.63	-1.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.86	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.79	-0.22

Drawdowns

TCHP vs. MFUS - Drawdown Comparison

The maximum TCHP drawdown since its inception was -42.34%, which is greater than MFUS's maximum drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for TCHP and MFUS.

Drawdown Indicators

	TCHP	MFUS	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-35.21%	-7.13%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-6.39%	-11.11%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-15.39%	-7.53%
Max Drawdown (5Y) Largest decline over 5 years	-42.34%	-18.22%	-24.12%
Current Drawdown Current decline from peak	-2.21%	0.00%	-2.21%
Average Drawdown Average peak-to-trough decline	-11.47%	-4.00%	-7.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.23%	1.55%	+3.68%

Volatility

TCHP vs. MFUS - Volatility Comparison

T. Rowe Price Blue Chip Growth ETF (TCHP) has a higher volatility of 3.84% compared to PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) at 3.19%. This indicates that TCHP's price experiences larger fluctuations and is considered to be riskier than MFUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCHP	MFUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	3.19%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	12.20%	8.22%	+3.98%
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	10.72%	+5.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.43%	15.03%	+8.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.18%	17.35%	+5.83%

TCHP vs. MFUS - Expense Ratio Comparison

TCHP has a 0.57% expense ratio, which is higher than MFUS's 0.30% expense ratio.

Dividends

TCHP vs. MFUS - Dividend Comparison

TCHP has not paid dividends to shareholders, while MFUS's dividend yield for the trailing twelve months is around 1.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	1.36%	1.54%	1.45%	1.96%	2.07%	1.35%	1.72%	1.89%	1.69%	1.01%
TCHP T. Rowe Price Blue Chip Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TCHP and MFUS in my portfolio?

TCHP and MFUS have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCHP or MFUS?

TCHP has higher volatility (3.84%) compared to MFUS (3.19%). In terms of maximum drawdown, TCHP dropped -42.34% vs MFUS's -35.21%.

Which ETF is better, TCHP or MFUS?

On 5-year performance, MFUS leads with 12.82% vs 11.66% for TCHP. On fees, MFUS is cheaper at 0.30% per year. On volatility, MFUS has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TCHP or MFUS?

Over the 5-year period, MFUS has performed better with a 12.82% return vs 11.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TCHP or MFUS?

MFUS is cheaper with a 0.30% expense ratio, compared with 0.57% for TCHP.

Which ETF pays a higher dividend yield, TCHP or MFUS?

MFUS has the higher dividend yield at 1.36%, compared with 0.00% for TCHP.

What is the main difference between TCHP and MFUS?

They also come from different issuers: T. Rowe Price and PIMCO. Their fees differ too: 0.57% for TCHP and 0.30% for MFUS.

Which has better risk-adjusted returns?

MFUS currently has the higher Sharpe Ratio (2.63 vs 1.25), 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.