TRLGX vs. TRGOX

Last updated Jun 3, 2026

TRLGX (T. Rowe Price Large-Cap Growth Fund) and TRGOX (T. Rowe Price Large-Cap Growth Fund Investor Class) are both Large Cap Growth Equities funds from T. Rowe Price. Over the past 5 years, TRLGX returned 12.84%/yr vs 12.39%/yr for TRGOX. With a 1.00 correlation, they move nearly in lockstep. TRLGX charges 0.55%/yr vs 0.70%/yr for TRGOX.

Performance

TRLGX vs. TRGOX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with TRLGX having a 6.07% return and TRGOX slightly lower at 6.01%.

TRLGX

• 1D: 1.05%
• 1M: 5.86%
• YTD: 6.07%
• 6M: 5.41%
• 1Y: 22.46%
• 3Y*: 25.77%
• 5Y*: 12.84%
• 10Y*: 18.55%

TRGOX

• 1D: 1.05%
• 1M: 5.85%
• YTD: 6.01%
• 6M: 5.33%
• 1Y: 22.25%
• 3Y*: 25.59%
• 5Y*: 12.39%
• 10Y*: —

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

TRLGX vs. TRGOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TRLGX T. Rowe Price Large-Cap Growth Fund	6.07%	17.51%	37.57%	46.22%	-35.26%	23.24%	43.04%
TRGOX T. Rowe Price Large-Cap Growth Fund Investor Class	6.01%	17.31%	37.39%	46.03%	-35.36%	21.49%	42.90%

Correlation

The correlation between TRLGX and TRGOX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since May 5, 2020	1.00

The correlation between TRLGX and TRGOX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

TRLGX vs. TRGOX — Risk / Return Rank

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

TRLGX

TRLGX Risk / Return Rank: 20
TRLGX Sharpe Ratio Rank: 26
TRLGX Sortino Ratio Rank: 24
TRLGX Omega Ratio Rank: 25
TRLGX Calmar Ratio Rank: 13
TRLGX Martin Ratio Rank: 13

TRGOX

TRGOX Risk / Return Rank: 20
TRGOX Sharpe Ratio Rank: 26
TRGOX Sortino Ratio Rank: 23
TRGOX Omega Ratio Rank: 24
TRGOX Calmar Ratio Rank: 13
TRGOX Martin Ratio Rank: 13

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.

TRLGX vs. TRGOX - Risk-Adjusted Trends Comparison

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

	TRLGX	TRGOX	Difference
Sharpe ratio Return per unit of total volatility	1.51	1.50	+0.01
Sortino ratio Return per unit of downside risk	2.09	2.08	+0.02
Omega ratio Gain probability vs. loss probability	1.27	1.26	0.00
Calmar ratio Return relative to maximum drawdown	1.31	1.29	+0.01
Martin ratio Return relative to average drawdown	4.15	4.09	+0.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRLGX vs. TRGOX - Sharpe Ratio Comparison

The current TRLGX Sharpe Ratio is 1.51, which is comparable to the TRGOX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of TRLGX and TRGOX, 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

	TRLGX	TRGOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	1.50	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.56	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.84	-0.26

Drawdowns

TRLGX vs. TRGOX - Drawdown Comparison

The maximum TRLGX drawdown since its inception was -55.56%, which is greater than TRGOX's maximum drawdown of -41.29%. Use the drawdown chart below to compare losses from any high point for TRLGX and TRGOX.

Drawdown Indicators

	TRLGX	TRGOX	Difference
Max Drawdown Largest peak-to-trough decline	-55.56%	-41.29%	-14.27%
Max Drawdown (1Y) Largest decline over 1 year	-18.18%	-18.23%	+0.05%
Max Drawdown (3Y) Largest decline over 3 years	-21.17%	-21.19%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-40.44%	-41.29%	+0.85%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.68%	-11.48%	+2.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.72%	5.76%	-0.04%

Volatility

TRLGX vs. TRGOX - Volatility Comparison

T. Rowe Price Large-Cap Growth Fund (TRLGX) and T. Rowe Price Large-Cap Growth Fund Investor Class (TRGOX) have volatilities of 3.06% and 3.06%, 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.

Volatility by Period

	TRLGX	TRGOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	3.06%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	12.32%	12.31%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	15.59%	15.58%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.38%	22.38%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.75%	22.14%	-0.39%

TRLGX vs. TRGOX - Expense Ratio Comparison

TRLGX has a 0.55% expense ratio, which is lower than TRGOX's 0.70% expense ratio.

Dividends

TRLGX vs. TRGOX - Dividend Comparison

TRLGX's dividend yield for the trailing twelve months is around 12.91%, which matches TRGOX's 12.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRGOX T. Rowe Price Large-Cap Growth Fund Investor Class	12.95%	13.73%	9.85%	2.04%	3.89%	1.15%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%
TRLGX T. Rowe Price Large-Cap Growth Fund	12.91%	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 TRGOX in my portfolio?

With a correlation of 1.00, TRLGX and TRGOX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TRLGX or TRGOX?

TRGOX has higher volatility (3.06%) compared to TRLGX (3.06%). In terms of maximum drawdown, TRLGX dropped -55.56% vs TRGOX's -41.29%.

Which has better risk-adjusted returns?

TRLGX currently has the higher Sharpe Ratio (1.51 vs 1.50), 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.