TRBCX vs. QQQ
Compare and contrast key facts about T. Rowe Price Blue Chip Growth Fund (TRBCX) and Invesco QQQ (QQQ).
TRBCX is managed by T. Rowe Price. It was launched on Jun 30, 1993. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRBCX or QQQ.
Key characteristics
| TRBCX | QQQ | |
|---|---|---|
| YTD Return | 36.31% | 25.63% |
| 1Y Return | 42.56% | 33.85% |
| 3Y Return (Ann) | 6.31% | 9.83% |
| 5Y Return (Ann) | 15.71% | 21.21% |
| 10Y Return (Ann) | 14.96% | 18.37% |
| Sharpe Ratio | 2.49 | 2.12 |
| Sortino Ratio | 3.24 | 2.79 |
| Omega Ratio | 1.46 | 1.38 |
| Calmar Ratio | 2.66 | 2.71 |
| Martin Ratio | 13.64 | 9.88 |
| Ulcer Index | 3.30% | 3.72% |
| Daily Std Dev | 18.05% | 17.31% |
| Max Drawdown | -54.56% | -82.98% |
| Current Drawdown | -0.11% | -0.37% |
Correlation
The correlation between TRBCX and QQQ 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
TRBCX vs. QQQ - Performance Comparison
In the year-to-date period, TRBCX achieves a 36.31% return, which is significantly higher than QQQ's 25.63% return. Over the past 10 years, TRBCX has underperformed QQQ with an annualized return of 14.96%, while QQQ has yielded a comparatively higher 18.37% 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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TRBCX vs. QQQ - Expense Ratio Comparison
TRBCX has a 0.69% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TRBCX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth Fund (TRBCX) and Invesco QQQ (QQQ). 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
TRBCX vs. QQQ - Dividend Comparison
TRBCX's dividend yield for the trailing twelve months is around 2.56%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRBCX T. Rowe Price Blue Chip Growth Fund | 2.56% | 3.49% | 5.87% | 9.38% | 1.19% | 0.36% | 2.44% | 2.94% | 0.67% | 3.26% | 4.85% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TRBCX vs. QQQ - Drawdown Comparison
The maximum TRBCX drawdown since its inception was -54.56%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TRBCX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TRBCX vs. QQQ - Volatility Comparison
T. Rowe Price Blue Chip Growth Fund (TRBCX) and Invesco QQQ (QQQ) have volatilities of 4.68% and 4.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.