TCHP vs. TEQI
Compare and contrast key facts about T. Rowe Price Blue Chip Growth ETF (TCHP) and T. Rowe Price Equity Income ETF (TEQI).
TCHP and TEQI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TCHP is an actively managed fund by T. Rowe Price Group, Inc.. It was launched on Aug 4, 2020. TEQI is an actively managed fund by T. Rowe Price Group, Inc.. It was launched on Aug 4, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCHP or TEQI.
Key characteristics
| TCHP | TEQI | |
|---|---|---|
| YTD Return | 36.22% | 18.42% |
| 1Y Return | 47.93% | 32.33% |
| 3Y Return (Ann) | 7.11% | 8.21% |
| Sharpe Ratio | 2.69 | 2.92 |
| Sortino Ratio | 3.49 | 4.14 |
| Omega Ratio | 1.49 | 1.53 |
| Calmar Ratio | 2.63 | 3.32 |
| Martin Ratio | 14.09 | 20.57 |
| Ulcer Index | 3.31% | 1.51% |
| Daily Std Dev | 17.32% | 10.63% |
| Max Drawdown | -42.34% | -17.82% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TCHP and TEQI is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TCHP vs. TEQI - Performance Comparison
In the year-to-date period, TCHP achieves a 36.22% return, which is significantly higher than TEQI's 18.42% 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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TCHP vs. TEQI - Expense Ratio Comparison
TCHP has a 0.57% expense ratio, which is higher than TEQI's 0.54% expense ratio.
Risk-Adjusted Performance
TCHP vs. TEQI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth ETF (TCHP) and T. Rowe Price Equity Income ETF (TEQI). 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
TCHP vs. TEQI - Dividend Comparison
TCHP has not paid dividends to shareholders, while TEQI's dividend yield for the trailing twelve months is around 1.83%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
TCHP T. Rowe Price Blue Chip Growth ETF | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% |
TEQI T. Rowe Price Equity Income ETF | 1.83% | 2.12% | 2.32% | 3.03% | 0.82% |
Drawdowns
TCHP vs. TEQI - Drawdown Comparison
The maximum TCHP drawdown since its inception was -42.34%, which is greater than TEQI's maximum drawdown of -17.82%. Use the drawdown chart below to compare losses from any high point for TCHP and TEQI. For additional features, visit the drawdowns tool.
Volatility
TCHP vs. TEQI - Volatility Comparison
T. Rowe Price Blue Chip Growth ETF (TCHP) has a higher volatility of 4.92% compared to T. Rowe Price Equity Income ETF (TEQI) at 3.53%. This indicates that TCHP's price experiences larger fluctuations and is considered to be riskier than TEQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.