TRAIX vs. CONWX
Compare and contrast key facts about T. Rowe Price Capital Appreciation Fund - I Class (TRAIX) and Concorde Wealth Management Fund (CONWX).
TRAIX is an actively managed fund by T. Rowe Price. It was launched on Dec 17, 2015. CONWX is managed by BlackRock. It was launched on Dec 3, 1987.
Performance
TRAIX vs. CONWX - Performance Comparison
Loading graphics...
TRAIX vs. CONWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRAIX T. Rowe Price Capital Appreciation Fund - I Class | -4.98% | 21.05% | 12.64% | 19.01% | -11.89% | 18.59% | 18.28% | 24.71% | 0.76% | 15.45% |
CONWX Concorde Wealth Management Fund | 8.18% | 11.95% | 13.58% | 0.20% | -2.51% | 19.73% | 8.76% | 16.84% | -1.95% | 7.17% |
Returns By Period
In the year-to-date period, TRAIX achieves a -4.98% return, which is significantly lower than CONWX's 8.18% return. Over the past 10 years, TRAIX has outperformed CONWX with an annualized return of 11.32%, while CONWX has yielded a comparatively lower 8.62% annualized return.
TRAIX
- 1D
- 0.06%
- 1M
- -4.85%
- YTD
- -4.98%
- 6M
- 3.88%
- 1Y
- 15.02%
- 3Y*
- 13.15%
- 5Y*
- 9.13%
- 10Y*
- 11.32%
CONWX
- 1D
- -0.62%
- 1M
- -1.70%
- YTD
- 8.18%
- 6M
- 11.51%
- 1Y
- 17.28%
- 3Y*
- 12.45%
- 5Y*
- 7.53%
- 10Y*
- 8.62%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRAIX vs. CONWX - Expense Ratio Comparison
TRAIX has a 0.59% expense ratio, which is lower than CONWX's 1.41% expense ratio.
Return for Risk
TRAIX vs. CONWX — Risk / Return Rank
TRAIX
CONWX
TRAIX vs. CONWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Capital Appreciation Fund - I Class (TRAIX) and Concorde Wealth Management Fund (CONWX). 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.
| TRAIX | CONWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.70 | -0.57 |
Sortino ratioReturn per unit of downside risk | 2.13 | 2.36 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.99 | +0.06 |
Martin ratioReturn relative to average drawdown | 8.55 | 11.30 | -2.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TRAIX | CONWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 1.70 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.74 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.78 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.78 | +0.10 |
Correlation
The correlation between TRAIX and CONWX is 0.73, 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.
Dividends
TRAIX vs. CONWX - Dividend Comparison
TRAIX's dividend yield for the trailing twelve months is around 16.70%, more than CONWX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TRAIX T. Rowe Price Capital Appreciation Fund - I Class | 16.70% | 15.87% | 10.52% | 4.28% | 9.70% | 9.35% | 8.08% | 5.92% | 7.57% | 6.96% | 3.59% |
CONWX Concorde Wealth Management Fund | 3.41% | 3.69% | 10.55% | 2.16% | 7.85% | 3.63% | 3.86% | 2.16% | 5.09% | 2.48% | 0.00% |
Drawdowns
TRAIX vs. CONWX - Drawdown Comparison
The maximum TRAIX drawdown since its inception was -26.84%, roughly equal to the maximum CONWX drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for TRAIX and CONWX.
Loading graphics...
Drawdown Indicators
| TRAIX | CONWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.84% | -26.09% | -0.75% |
Max Drawdown (1Y)Largest decline over 1 year | -6.77% | -8.60% | +1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -17.00% | -12.49% | -4.51% |
Max Drawdown (10Y)Largest decline over 10 years | -26.84% | -26.09% | -0.75% |
Current DrawdownCurrent decline from peak | -6.24% | -2.03% | -4.21% |
Average DrawdownAverage peak-to-trough decline | -2.86% | -2.78% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 1.52% | +0.10% |
Volatility
TRAIX vs. CONWX - Volatility Comparison
T. Rowe Price Capital Appreciation Fund - I Class (TRAIX) has a higher volatility of 2.97% compared to Concorde Wealth Management Fund (CONWX) at 2.12%. This indicates that TRAIX's price experiences larger fluctuations and is considered to be riskier than CONWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRAIX | CONWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 2.12% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 9.57% | 5.43% | +4.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.40% | 10.70% | +2.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.22% | 10.26% | +2.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.97% | 11.15% | +1.82% |