TRLGX vs. MAFOX

Last updated Aug 4, 2026

TRLGX (T. Rowe Price Large-Cap Growth Fund) and MAFOX (BlackRock Large Cap Focus Growth Fund) are both Large Cap Growth Equities funds. Over the past 10 years, TRLGX returned 17.64%/yr vs 16.59%/yr for MAFOX. Their correlation of 0.92 means they have usually moved in the same direction. TRLGX charges 0.55%/yr vs 0.67%/yr for MAFOX.

Performance

TRLGX vs. MAFOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Large-Cap Growth Fund (TRLGX) and BlackRock Large Cap Focus Growth Fund (MAFOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRLGX achieves a 0.84% return, which is significantly lower than MAFOX's 8.99% return. Over the past 10 years, TRLGX has outperformed MAFOX with an annualized return of 17.64%, while MAFOX has yielded a comparatively lower 16.59% annualized return.

TRLGX

• 1D: 0.58%
• 1M: -0.52%
• 6M: 3.53%
• YTD: 0.84%
• 1Y: 10.10%
• 3Y*: 20.90%
• 5Y*: 9.76%
• 10Y*: 17.64%
• ALL TIME*: 12.25%

MAFOX

• 1D: 1.56%
• 1M: -0.83%
• 6M: 8.48%
• YTD: 8.99%
• 1Y: 14.65%
• 3Y*: 20.77%
• 5Y*: 9.30%
• 10Y*: 16.59%
• ALL TIME*: 3.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MAFOX BlackRock Large Cap Focus Growth Fund	$0.00	$0.00	$0.00
TRLGX T. Rowe Price Large-Cap Growth Fund	$0.00	$0.00	$0.00

TRLGX vs. MAFOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRLGX T. Rowe Price Large-Cap Growth Fund	0.84%	17.51%	37.57%	46.22%	-35.26%	23.24%	39.57%	28.51%	4.35%	37.77%
MAFOX BlackRock Large Cap Focus Growth Fund	8.99%	12.76%	31.11%	52.63%	-38.05%	17.13%	46.85%	31.16%	3.63%	29.90%

Correlation

The correlation between TRLGX and MAFOX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Oct 31, 2001	0.92

The correlation between TRLGX and MAFOX has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.

Return for Risk

TRLGX vs. MAFOX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TRLGX

TRLGX Risk / Return Rank: 10
TRLGX Sharpe Ratio Rank: 10
TRLGX Sortino Ratio Rank: 10
TRLGX Omega Ratio Rank: 10
TRLGX Calmar Ratio Rank: 9
TRLGX Martin Ratio Rank: 9

MAFOX

MAFOX Risk / Return Rank: 14
MAFOX Sharpe Ratio Rank: 14
MAFOX Sortino Ratio Rank: 15
MAFOX Omega Ratio Rank: 15
MAFOX Calmar Ratio Rank: 13
MAFOX Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TRLGX vs. MAFOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Large-Cap Growth Fund (TRLGX) and BlackRock Large Cap Focus Growth Fund (MAFOX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TRLGX	MAFOX	Difference
Sharpe ratio: Return per unit of total volatility	0.45	0.62	-0.18
Sortino ratio: Return per unit of downside risk	0.73	0.97	-0.24
Omega ratio: Gain probability vs. loss probability	1.09	1.12	-0.03
Calmar ratio: Return relative to maximum drawdown	0.42	0.72	-0.30
Martin ratio: Return relative to average drawdown	1.26	2.22	-0.96

TRLGX vs. MAFOX - Sharpe Ratio Comparison

The current TRLGX Sharpe Ratio is 0.45, which is comparable to the MAFOX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of TRLGX and MAFOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TRLGX vs. MAFOX - Drawdown Comparison

The maximum TRLGX drawdown since its inception was -55.56%, smaller than the maximum MAFOX drawdown of -89.93%. Use the drawdown chart below to compare losses from any high point for TRLGX and MAFOX.

Drawdown Indicators

	TRLGX	MAFOX	Difference
Max Drawdown Largest peak-to-trough decline	-55.56%	-89.93%	+34.37%
Max Drawdown (1Y) Largest decline over 1 year	-18.18%	-16.70%	-1.48%
Max Drawdown (3Y) Largest decline over 3 years	-21.17%	-24.48%	+3.31%
Max Drawdown (5Y) Largest decline over 5 years	-40.44%	-42.39%	+1.95%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	-42.39%	+1.95%
Current Drawdown Current decline from peak	-4.94%	-5.88%	+0.94%
Average Drawdown Average peak-to-trough decline	-8.65%	-53.92%	+45.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.09%	5.42%	+0.67%

Volatility

TRLGX vs. MAFOX - Volatility Comparison

The current volatility for T. Rowe Price Large-Cap Growth Fund (TRLGX) is 5.16%, while BlackRock Large Cap Focus Growth Fund (MAFOX) has a volatility of 6.03%. This indicates that TRLGX experiences smaller price fluctuations and is considered to be less risky than MAFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRLGX	MAFOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	6.03%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	14.05%	15.45%	-1.40%
Volatility (1Y) Calculated over the trailing 1-year period	17.24%	19.28%	-2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.57%	23.90%	-1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.81%	22.79%	-0.98%

TRLGX vs. MAFOX - Expense Ratio Comparison

TRLGX has a 0.55% expense ratio, which is lower than MAFOX's 0.67% expense ratio.

Dividends

TRLGX vs. MAFOX - Dividend Comparison

TRLGX's dividend yield for the trailing twelve months is around 13.58%, less than MAFOX's 29.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAFOX BlackRock Large Cap Focus Growth Fund	29.29%	16.03%	4.04%	3.05%	2.01%	11.20%	0.53%	5.45%	4.43%	4.06%	0.00%	4.66%
TRLGX T. Rowe Price Large-Cap Growth Fund	13.58%	13.69%	9.80%	2.04%	3.88%	2.56%	0.42%	4.09%	7.93%	9.27%	1.64%	4.71%

Frequently Asked Questions

Can I hold both TRLGX and MAFOX in my portfolio?

TRLGX and MAFOX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRLGX or MAFOX?

MAFOX has higher volatility (6.03%) compared to TRLGX (5.16%). In terms of maximum drawdown, TRLGX dropped -55.56% vs MAFOX's -89.93%.

Which has better risk-adjusted returns?

MAFOX currently has the higher Sharpe Ratio (0.62 vs 0.45), 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.