TPLGX vs. VGT
Compare and contrast key facts about T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) and Vanguard Information Technology ETF (VGT).
TPLGX is managed by T. Rowe Price. It was launched on Sep 30, 2003. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPLGX or VGT.
Key characteristics
| TPLGX | VGT | |
|---|---|---|
| YTD Return | 36.64% | 29.40% |
| 1Y Return | 40.17% | 41.46% |
| 3Y Return (Ann) | 0.82% | 12.41% |
| 5Y Return (Ann) | 12.12% | 23.00% |
| 10Y Return (Ann) | 12.62% | 20.95% |
| Sharpe Ratio | 2.31 | 1.94 |
| Sortino Ratio | 3.01 | 2.51 |
| Omega Ratio | 1.42 | 1.35 |
| Calmar Ratio | 1.45 | 2.68 |
| Martin Ratio | 11.94 | 9.65 |
| Ulcer Index | 3.37% | 4.22% |
| Daily Std Dev | 17.43% | 20.96% |
| Max Drawdown | -56.03% | -54.63% |
| Current Drawdown | 0.00% | -0.41% |
Correlation
The correlation between TPLGX and VGT is 0.90, 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. VGT - Performance Comparison
In the year-to-date period, TPLGX achieves a 36.64% return, which is significantly higher than VGT's 29.40% return. Over the past 10 years, TPLGX has underperformed VGT with an annualized return of 12.62%, while VGT has yielded a comparatively higher 20.95% annualized 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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TPLGX vs. VGT - Expense Ratio Comparison
TPLGX has a 0.57% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
TPLGX vs. VGT - 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 Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
TPLGX's dividend yield for the trailing twelve months is around 0.02%, less than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPLGX T. Rowe Price Institutional Large Cap Core Growth Fund | 0.02% | 0.03% | 0.00% | 0.00% | 0.02% | 0.18% | 0.16% | 0.19% | 0.25% | 0.11% | 0.08% | 0.15% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
TPLGX vs. VGT - Drawdown Comparison
The maximum TPLGX drawdown since its inception was -56.03%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for TPLGX and VGT. For additional features, visit the drawdowns tool.
Volatility
TPLGX vs. VGT - Volatility Comparison
The current volatility for T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) is 4.89%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.28%. This indicates that TPLGX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.