TTEQ vs. PTF

Last updated Jun 26, 2026

TTEQ (T. Rowe Price Technology ETF) and PTF (Invesco Dorsey Wright Technology Momentum ETF) are both exchange-traded funds - TTEQ is a Technology Equities fund actively managed by T. Rowe Price, while PTF is a Momentum fund tracking the Dorsey Wright Technology Technical Leaders Index. TTEQ is actively managed, while PTF is passively managed. Over the past year, TTEQ returned 51.07% vs 97.39% for PTF. Their correlation of 0.82 suggests significant overlap in exposure. TTEQ charges 0.63%/yr vs 0.60%/yr for PTF.

Performance

TTEQ vs. PTF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Technology ETF (TTEQ) and Invesco Dorsey Wright Technology Momentum ETF (PTF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTEQ achieves a 32.04% return, which is significantly lower than PTF's 72.89% return.

TTEQ

• 1D: 1.04%
• 1M: -0.76%
• YTD: 32.04%
• 6M: 30.91%
• 1Y: 51.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PTF

• 1D: 4.41%
• 1M: 1.65%
• YTD: 72.89%
• 6M: 67.11%
• 1Y: 97.39%
• 3Y*: 42.66%
• 5Y*: 21.85%
• 10Y*: 27.36%

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

TTEQ vs. PTF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TTEQ T. Rowe Price Technology ETF	32.04%	24.25%	0.78%
PTF Invesco Dorsey Wright Technology Momentum ETF	72.89%	5.68%	11.10%

Correlation

The correlation between TTEQ and PTF is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Oct 24, 2024	0.82

The correlation between TTEQ and PTF has been stable across timeframes, ranging from 0.82 to 0.82 - a consistent structural relationship.

TTEQ vs. PTF - Sectors Allocation Comparison

Sectors	TTEQ	PTF
Technology	79.3%	93.8%
Communication Services	11.1%	4.7%
Consumer Cyclical	5.8%	-
Financial Services	3.1%	1.5%
Industrials	0.7%	1.8%
Basic Materials	0.5%	-
Consumer Defensive	-	-
Energy	-	1.6%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TTEQ vs. PTF — Risk / Return Rank

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

TTEQ

TTEQ Risk / Return Rank: 64
TTEQ Sharpe Ratio Rank: 69
TTEQ Sortino Ratio Rank: 60
TTEQ Omega Ratio Rank: 65
TTEQ Calmar Ratio Rank: 68
TTEQ Martin Ratio Rank: 59

PTF

PTF Risk / Return Rank: 82
PTF Sharpe Ratio Rank: 84
PTF Sortino Ratio Rank: 68
PTF Omega Ratio Rank: 72
PTF Calmar Ratio Rank: 92
PTF Martin Ratio Rank: 93

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.

TTEQ vs. PTF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Technology ETF (TTEQ) and Invesco Dorsey Wright Technology Momentum ETF (PTF). 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.

	TTEQ	PTF	Difference
Sharpe ratio: Return per unit of total volatility	1.96	2.35	-0.39
Sortino ratio: Return per unit of downside risk	2.48	2.69	-0.21
Omega ratio: Gain probability vs. loss probability	1.34	1.37	-0.03
Calmar ratio: Return relative to maximum drawdown	2.97	5.44	-2.48
Martin ratio: Return relative to average drawdown	9.20	20.48	-11.28

TTEQ vs. PTF - Sharpe Ratio Comparison

The current TTEQ Sharpe Ratio is 1.96, which is comparable to the PTF Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of TTEQ and PTF, 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

TTEQ vs. PTF - Drawdown Comparison

The maximum TTEQ drawdown since its inception was -26.97%, smaller than the maximum PTF drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for TTEQ and PTF.

Drawdown Indicators

	TTEQ	PTF	Difference
Max Drawdown Largest peak-to-trough decline	-26.97%	-55.38%	+28.41%
Max Drawdown (1Y) Largest decline over 1 year	-17.31%	-17.99%	+0.68%
Max Drawdown (3Y) Largest decline over 3 years	—	-36.11%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.88%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.88%	—
Current Drawdown Current decline from peak	-5.40%	-4.42%	-0.98%
Average Drawdown Average peak-to-trough decline	-4.82%	-13.25%	+8.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.57%	4.77%	+0.80%

Volatility

TTEQ vs. PTF - Volatility Comparison

The current volatility for T. Rowe Price Technology ETF (TTEQ) is 13.30%, while Invesco Dorsey Wright Technology Momentum ETF (PTF) has a volatility of 17.54%. This indicates that TTEQ experiences smaller price fluctuations and is considered to be less risky than PTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTEQ	PTF	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.30%	17.54%	-4.24%
Volatility (6M) Calculated over the trailing 6-month period	22.14%	32.12%	-9.98%
Volatility (1Y) Calculated over the trailing 1-year period	26.15%	41.61%	-15.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.61%	35.65%	-7.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.61%	33.31%	-4.70%

TTEQ vs. PTF - Expense Ratio Comparison

TTEQ has a 0.63% expense ratio, which is higher than PTF's 0.60% expense ratio.

Dividends

TTEQ vs. PTF - Dividend Comparison

TTEQ has not paid dividends to shareholders, while PTF's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PTF Invesco Dorsey Wright Technology Momentum ETF	0.01%	0.21%	0.00%	0.07%	0.00%	0.00%	0.00%	0.00%	0.08%	0.04%	0.26%
TTEQ T. Rowe Price Technology ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTEQ and PTF in my portfolio?

TTEQ and PTF have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTEQ or PTF?

PTF has higher volatility (17.54%) compared to TTEQ (13.30%). In terms of maximum drawdown, TTEQ dropped -26.97% vs PTF's -55.38%.

Which ETF is better, TTEQ or PTF?

On 1-year performance, PTF leads with 97.39% vs 51.07% for TTEQ. On fees, PTF is cheaper at 0.60% per year. On volatility, TTEQ has been the lower-risk option at 13.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TTEQ or PTF?

Over the 1-year period, PTF has performed better with a 97.39% return vs 51.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TTEQ or PTF?

PTF is cheaper with a 0.60% expense ratio, compared with 0.63% for TTEQ.

Which ETF pays a higher dividend yield, TTEQ or PTF?

PTF has the higher dividend yield at 0.01%, compared with 0.00% for TTEQ.

What is the main difference between TTEQ and PTF?

TTEQ is categorized as Technology Equities, while PTF is Momentum. They also come from different issuers: T. Rowe Price and Invesco. Their fees differ too: 0.63% for TTEQ and 0.60% for PTF.

Which has better risk-adjusted returns?

PTF currently has the higher Sharpe Ratio (2.35 vs 1.96), 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.