VITAX vs. PRGTX

Last updated Jun 25, 2026

VITAX (Vanguard Information Technology Index Fund Admiral Shares) and PRGTX (T. Rowe Price Global Technology Fund) are both Technology Equities funds. Over the past 10 years, VITAX returned 25.49%/yr vs 19.54%/yr for PRGTX. Their correlation of 0.91 suggests significant overlap in exposure. VITAX charges 0.09%/yr vs 0.95%/yr for PRGTX.

Performance

VITAX vs. PRGTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology Index Fund Admiral Shares (VITAX) and T. Rowe Price Global Technology Fund (PRGTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VITAX achieves a 23.34% return, which is significantly lower than PRGTX's 34.73% return. Over the past 10 years, VITAX has outperformed PRGTX with an annualized return of 25.49%, while PRGTX has yielded a comparatively lower 19.54% annualized return.

VITAX

• 1D: -3.70%
• 1M: 0.28%
• YTD: 23.34%
• 6M: 21.28%
• 1Y: 44.25%
• 3Y*: 30.11%
• 5Y*: 19.50%
• 10Y*: 25.49%

PRGTX

• 1D: -5.45%
• 1M: 1.56%
• YTD: 34.73%
• 6M: 34.73%
• 1Y: 60.48%
• 3Y*: 36.90%
• 5Y*: 8.29%
• 10Y*: 19.54%

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

VITAX vs. PRGTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VITAX Vanguard Information Technology Index Fund Admiral Shares	23.34%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	2.51%	37.07%
PRGTX T. Rowe Price Global Technology Fund	34.73%	27.28%	33.12%	55.92%	-55.53%	8.85%	75.77%	34.22%	-10.07%	47.09%

Correlation

The correlation between VITAX and PRGTX is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.91

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

Return for Risk

VITAX vs. PRGTX — Risk / Return Rank

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

VITAX

VITAX Risk / Return Rank: 51
VITAX Sharpe Ratio Rank: 58
VITAX Sortino Ratio Rank: 45
VITAX Omega Ratio Rank: 47
VITAX Calmar Ratio Rank: 62
VITAX Martin Ratio Rank: 44

PRGTX

PRGTX Risk / Return Rank: 77
PRGTX Sharpe Ratio Rank: 81
PRGTX Sortino Ratio Rank: 58
PRGTX Omega Ratio Rank: 69
PRGTX Calmar Ratio Rank: 93
PRGTX Martin Ratio Rank: 84

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.

VITAX vs. PRGTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology Index Fund Admiral Shares (VITAX) and T. Rowe Price Global Technology Fund (PRGTX). 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.

	VITAX	PRGTX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.44	-0.38
Sortino ratio: Return per unit of downside risk	2.60	2.92	-0.32
Omega ratio: Gain probability vs. loss probability	1.35	1.42	-0.07
Calmar ratio: Return relative to maximum drawdown	2.87	4.96	-2.09
Martin ratio: Return relative to average drawdown	8.75	14.68	-5.93

VITAX vs. PRGTX - Sharpe Ratio Comparison

The current VITAX Sharpe Ratio is 2.06, which is comparable to the PRGTX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of VITAX and PRGTX, 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

VITAX vs. PRGTX - Drawdown Comparison

The maximum VITAX drawdown since its inception was -54.81%, smaller than the maximum PRGTX drawdown of -71.18%. Use the drawdown chart below to compare losses from any high point for VITAX and PRGTX.

Drawdown Indicators

	VITAX	PRGTX	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-71.18%	+16.37%
Max Drawdown (1Y) Largest decline over 1 year	-16.38%	-13.06%	-3.32%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-26.67%	-0.71%
Max Drawdown (5Y) Largest decline over 5 years	-35.10%	-65.29%	+30.19%
Max Drawdown (10Y) Largest decline over 10 years	-35.10%	-65.29%	+30.19%
Current Drawdown Current decline from peak	-7.72%	-6.56%	-1.16%
Average Drawdown Average peak-to-trough decline	-8.01%	-21.50%	+13.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.36%	4.40%	+0.96%

Volatility

VITAX vs. PRGTX - Volatility Comparison

The current volatility for Vanguard Information Technology Index Fund Admiral Shares (VITAX) is 11.40%, while T. Rowe Price Global Technology Fund (PRGTX) has a volatility of 14.56%. This indicates that VITAX experiences smaller price fluctuations and is considered to be less risky than PRGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VITAX	PRGTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.40%	14.56%	-3.16%
Volatility (6M) Calculated over the trailing 6-month period	18.68%	22.62%	-3.94%
Volatility (1Y) Calculated over the trailing 1-year period	22.82%	26.55%	-3.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.76%	32.27%	-6.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.01%	28.63%	-3.62%

VITAX vs. PRGTX - Expense Ratio Comparison

VITAX has a 0.09% expense ratio, which is lower than PRGTX's 0.95% expense ratio.

Dividends

VITAX vs. PRGTX - Dividend Comparison

VITAX's dividend yield for the trailing twelve months is around 0.33%, while PRGTX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRGTX T. Rowe Price Global Technology Fund	0.00%	0.00%	0.00%	0.00%	3.28%	27.71%	5.05%	0.15%	24.67%	15.81%	9.46%	10.03%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.33%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both VITAX and PRGTX in my portfolio?

With a correlation of 0.95, VITAX and PRGTX 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, VITAX or PRGTX?

PRGTX has higher volatility (14.56%) compared to VITAX (11.40%). In terms of maximum drawdown, VITAX dropped -54.81% vs PRGTX's -71.18%.

Which has better risk-adjusted returns?

PRGTX currently has the higher Sharpe Ratio (2.44 vs 2.06), 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.