TRGOX vs. BBLIX

Last updated Jun 4, 2026

TRGOX (T. Rowe Price Large-Cap Growth Fund Investor Class) and BBLIX (BBH Select Series - Large Cap Fund) are both Large Cap Growth Equities funds. Over the past 5 years, TRGOX returned 12.43%/yr vs 8.43%/yr for BBLIX. A 0.80 correlation means they provide meaningful diversification when combined. Both charge a 0.70% expense ratio.

Performance

TRGOX vs. BBLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Large-Cap Growth Fund Investor Class (TRGOX) and BBH Select Series - Large Cap Fund (BBLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRGOX achieves a 5.06% return, which is significantly higher than BBLIX's 1.58% return.

TRGOX

• 1D: -0.89%
• 1M: 5.01%
• YTD: 5.06%
• 6M: 4.71%
• 1Y: 20.61%
• 3Y*: 25.21%
• 5Y*: 12.43%
• 10Y*: —

BBLIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.58%
• 6M: 1.58%
• 1Y: 8.23%
• 3Y*: 13.79%
• 5Y*: 8.43%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRGOX vs. BBLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TRGOX T. Rowe Price Large-Cap Growth Fund Investor Class	5.06%	17.31%	37.39%	46.03%	-35.36%	21.49%	42.90%
BBLIX BBH Select Series - Large Cap Fund	1.58%	12.07%	15.83%	23.86%	-20.59%	27.23%	31.35%

Correlation

The correlation between TRGOX and BBLIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since May 5, 2020	0.80

Over the past year, the correlation between TRGOX and BBLIX has dropped to 0.45 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

Return for Risk

TRGOX vs. BBLIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRGOX

TRGOX Risk / Return Rank: 18
TRGOX Sharpe Ratio Rank: 23
TRGOX Sortino Ratio Rank: 21
TRGOX Omega Ratio Rank: 21
TRGOX Calmar Ratio Rank: 12
TRGOX Martin Ratio Rank: 13

BBLIX

BBLIX Risk / Return Rank: 33
BBLIX Sharpe Ratio Rank: 23
BBLIX Sortino Ratio Rank: 23
BBLIX Omega Ratio Rank: 36
BBLIX Calmar Ratio Rank: 60
BBLIX Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRGOX vs. BBLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Large-Cap Growth Fund Investor Class (TRGOX) and BBH Select Series - Large Cap Fund (BBLIX). 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.

	TRGOX	BBLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.38	-0.01
Sortino ratio: Return per unit of downside risk	1.92	1.99	-0.07
Omega ratio: Gain probability vs. loss probability	1.24	1.32	-0.08
Calmar ratio: Return relative to maximum drawdown	1.17	2.98	-1.81
Martin ratio: Return relative to average drawdown	3.69	5.72	-2.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRGOX vs. BBLIX - Sharpe Ratio Comparison

The current TRGOX Sharpe Ratio is 1.37, which is comparable to the BBLIX Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of TRGOX and BBLIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TRGOX	BBLIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	1.38	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.55	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.57	+0.26

Drawdowns

TRGOX vs. BBLIX - Drawdown Comparison

The maximum TRGOX drawdown since its inception was -41.29%, which is greater than BBLIX's maximum drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for TRGOX and BBLIX.

Drawdown Indicators

	TRGOX	BBLIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.29%	-33.49%	-7.80%
Max Drawdown (1Y) Largest decline over 1 year	-18.23%	-3.63%	-14.60%
Max Drawdown (3Y) Largest decline over 3 years	-21.19%	-14.68%	-6.51%
Max Drawdown (5Y) Largest decline over 5 years	-41.29%	-28.06%	-13.23%
Current Drawdown Current decline from peak	-0.89%	-1.80%	+0.91%
Average Drawdown Average peak-to-trough decline	-11.47%	-6.35%	-5.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.76%	2.43%	+3.33%

Volatility

TRGOX vs. BBLIX - Volatility Comparison

T. Rowe Price Large-Cap Growth Fund Investor Class (TRGOX) has a higher volatility of 3.27% compared to BBH Select Series - Large Cap Fund (BBLIX) at 0.00%. This indicates that TRGOX's price experiences larger fluctuations and is considered to be riskier than BBLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRGOX	BBLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	0.00%	+3.27%
Volatility (6M) Calculated over the trailing 6-month period	12.34%	4.76%	+7.58%
Volatility (1Y) Calculated over the trailing 1-year period	15.58%	7.86%	+7.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.38%	15.93%	+6.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.14%	18.55%	+3.59%

TRGOX vs. BBLIX - Expense Ratio Comparison

Both TRGOX and BBLIX have an expense ratio of 0.70%.

Dividends

TRGOX vs. BBLIX - Dividend Comparison

TRGOX's dividend yield for the trailing twelve months is around 13.06%, more than BBLIX's 9.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBLIX BBH Select Series - Large Cap Fund	9.39%	9.54%	4.20%	0.28%	1.45%	3.27%	0.34%	0.04%
TRGOX T. Rowe Price Large-Cap Growth Fund Investor Class	13.06%	13.73%	9.85%	2.04%	3.89%	1.15%	0.36%	0.00%

Frequently Asked Questions

Can I hold both TRGOX and BBLIX in my portfolio?

TRGOX and BBLIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRGOX or BBLIX?

TRGOX has higher volatility (3.27%) compared to BBLIX (0.00%). In terms of maximum drawdown, TRGOX dropped -41.29% vs BBLIX's -33.49%.

Which has better risk-adjusted returns?

BBLIX currently has the higher Sharpe Ratio (1.38 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.