TCHP vs. PRCOX

Last updated Jun 4, 2026

TCHP (T. Rowe Price Blue Chip Growth ETF) and PRCOX (T. Rowe Price U.S. Equity Research Fund) are both funds - TCHP is a Large Cap Growth Equities fund actively managed by T. Rowe Price, while PRCOX is a Large Cap Blend Equities fund managed by T. Rowe Price. Over the past 5 years, TCHP returned 11.66%/yr vs 14.72%/yr for PRCOX. Their correlation of 0.90 suggests significant overlap in exposure. TCHP charges 0.57%/yr vs 0.42%/yr for PRCOX.

Performance

TCHP vs. PRCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Blue Chip Growth ETF (TCHP) and T. Rowe Price U.S. Equity Research Fund (PRCOX). 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 PRCOX's 12.08% return.

TCHP

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

PRCOX

• 1D: 0.28%
• 1M: 5.68%
• YTD: 12.08%
• 6M: 12.15%
• 1Y: 28.46%
• 3Y*: 23.19%
• 5Y*: 14.72%
• 10Y*: 16.17%

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

TCHP vs. PRCOX - 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%
PRCOX T. Rowe Price U.S. Equity Research Fund	12.08%	16.34%	26.41%	29.82%	-18.80%	28.06%	14.63%

Correlation

The correlation between TCHP and PRCOX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Aug 6, 2020	0.90

The correlation between TCHP and PRCOX has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

Return for Risk

TCHP vs. PRCOX — 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

PRCOX

PRCOX Risk / Return Rank: 69
PRCOX Sharpe Ratio Rank: 72
PRCOX Sortino Ratio Rank: 67
PRCOX Omega Ratio Rank: 63
PRCOX Calmar Ratio Rank: 67
PRCOX Martin Ratio Rank: 78

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. PRCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth ETF (TCHP) and T. Rowe Price U.S. Equity Research Fund (PRCOX). 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	PRCOX	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.47	-1.22
Sortino ratio: Return per unit of downside risk	1.76	3.42	-1.65
Omega ratio: Gain probability vs. loss probability	1.22	1.44	-0.22
Calmar ratio: Return relative to maximum drawdown	1.15	3.16	-2.01
Martin ratio: Return relative to average drawdown	3.84	14.73	-10.89
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. PRCOX - Sharpe Ratio Comparison

The current TCHP Sharpe Ratio is 1.25, which is lower than the PRCOX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of TCHP and PRCOX, 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	PRCOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	2.47	-1.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.85	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.57	0.00

Drawdowns

TCHP vs. PRCOX - Drawdown Comparison

The maximum TCHP drawdown since its inception was -42.34%, smaller than the maximum PRCOX drawdown of -53.96%. Use the drawdown chart below to compare losses from any high point for TCHP and PRCOX.

Drawdown Indicators

	TCHP	PRCOX	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-53.96%	+11.62%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-9.32%	-8.18%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-19.39%	-3.53%
Max Drawdown (5Y) Largest decline over 5 years	-42.34%	-24.94%	-17.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.42%	—
Current Drawdown Current decline from peak	-2.21%	0.00%	-2.21%
Average Drawdown Average peak-to-trough decline	-11.47%	-9.18%	-2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.23%	1.99%	+3.24%

Volatility

TCHP vs. PRCOX - Volatility Comparison

T. Rowe Price Blue Chip Growth ETF (TCHP) has a higher volatility of 3.84% compared to T. Rowe Price U.S. Equity Research Fund (PRCOX) at 3.07%. This indicates that TCHP's price experiences larger fluctuations and is considered to be riskier than PRCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCHP	PRCOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	3.07%	+0.77%
Volatility (6M) Calculated over the trailing 6-month period	12.20%	9.39%	+2.81%
Volatility (1Y) Calculated over the trailing 1-year period	16.12%	11.93%	+4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.43%	17.34%	+6.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.18%	18.35%	+4.83%

TCHP vs. PRCOX - Expense Ratio Comparison

TCHP has a 0.57% expense ratio, which is higher than PRCOX's 0.42% expense ratio.

Dividends

TCHP vs. PRCOX - Dividend Comparison

TCHP has not paid dividends to shareholders, while PRCOX's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRCOX T. Rowe Price U.S. Equity Research Fund	1.05%	1.17%	0.64%	1.17%	1.28%	3.71%	1.04%	1.39%	5.60%	7.02%	7.28%	8.76%
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%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TCHP and PRCOX in my portfolio?

TCHP and PRCOX have a correlation of 0.85, 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 PRCOX?

TCHP has higher volatility (3.84%) compared to PRCOX (3.07%). In terms of maximum drawdown, TCHP dropped -42.34% vs PRCOX's -53.96%.

Which has better risk-adjusted returns?

PRCOX currently has the higher Sharpe Ratio (2.47 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.