TPLGX vs. APGAX
Compare and contrast key facts about T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) and AB Large Cap Growth Fund Class A (APGAX).
TPLGX is managed by T. Rowe Price. It was launched on Sep 30, 2003. APGAX is managed by AllianceBernstein. It was launched on Oct 1, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPLGX or APGAX.
Correlation
The correlation between TPLGX and APGAX 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
TPLGX vs. APGAX - Performance Comparison
Key characteristics
TPLGX:
1.06
APGAX:
1.11
TPLGX:
1.31
APGAX:
1.47
TPLGX:
1.25
APGAX:
1.22
TPLGX:
0.85
APGAX:
1.52
TPLGX:
6.57
APGAX:
5.33
TPLGX:
3.61%
APGAX:
3.70%
TPLGX:
22.46%
APGAX:
17.83%
TPLGX:
-56.03%
APGAX:
-69.97%
TPLGX:
-13.81%
APGAX:
-9.45%
Returns By Period
In the year-to-date period, TPLGX achieves a 22.24% return, which is significantly higher than APGAX's 18.01% return. Over the past 10 years, TPLGX has outperformed APGAX with an annualized return of 11.50%, while APGAX has yielded a comparatively lower 9.94% annualized return.
TPLGX
22.24%
-9.20%
-1.87%
22.53%
8.55%
11.50%
APGAX
18.01%
-4.91%
-1.73%
18.48%
11.12%
9.94%
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TPLGX vs. APGAX - Expense Ratio Comparison
TPLGX has a 0.57% expense ratio, which is lower than APGAX's 0.84% expense ratio.
Risk-Adjusted Performance
TPLGX vs. APGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) and AB Large Cap Growth Fund Class A (APGAX). 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
TPLGX vs. APGAX - Dividend Comparison
Neither TPLGX nor APGAX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
T. Rowe Price Institutional Large Cap Core Growth Fund | 0.00% | 0.03% | 0.00% | 0.00% | 0.02% | 0.18% | 0.16% | 0.19% | 0.25% | 0.11% | 0.08% | 0.15% |
AB Large Cap Growth Fund Class A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% |
Drawdowns
TPLGX vs. APGAX - Drawdown Comparison
The maximum TPLGX drawdown since its inception was -56.03%, smaller than the maximum APGAX drawdown of -69.97%. Use the drawdown chart below to compare losses from any high point for TPLGX and APGAX. For additional features, visit the drawdowns tool.
Volatility
TPLGX vs. APGAX - Volatility Comparison
T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) has a higher volatility of 15.96% compared to AB Large Cap Growth Fund Class A (APGAX) at 8.92%. This indicates that TPLGX's price experiences larger fluctuations and is considered to be riskier than APGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.