WOMN vs. PRCOX

Last updated Apr 2, 2026

Compare and contrast key facts about Impact Shares YWCA Women’s Empowerment ETF (WOMN) and T. Rowe Price U.S. Equity Research Fund (PRCOX).

WOMN is a passively managed fund by Impact Shares that tracks the performance of the Morningstar Women’s Empowerment Index. It was launched on Aug 24, 2018. PRCOX is managed by T. Rowe Price. It was launched on Nov 30, 1994.

Performance

WOMN vs. PRCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Impact Shares YWCA Women’s Empowerment ETF (WOMN) and T. Rowe Price U.S. Equity Research Fund (PRCOX). The values are adjusted to include any dividend payments, if applicable.

WOMN vs. PRCOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WOMN Impact Shares YWCA Women’s Empowerment ETF	-4.03%	8.62%	16.95%	28.19%	-20.61%	24.89%	34.16%	32.50%	-11.94%
PRCOX T. Rowe Price U.S. Equity Research Fund	-4.40%	16.97%	26.41%	29.82%	-18.80%	28.06%	19.82%	33.04%	-13.38%

Returns By Period

In the year-to-date period, WOMN achieves a -4.03% return, which is significantly higher than PRCOX's -4.40% return.

WOMN

• 1D: 0.34%
• 1M: -4.10%
• YTD: -4.03%
• 6M: -2.04%
• 1Y: 4.70%
• 3Y*: 13.44%
• 5Y*: 7.81%
• 10Y*: —

PRCOX

• 1D: 3.03%
• 1M: -5.43%
• YTD: -4.40%
• 6M: -1.63%
• 1Y: 17.03%
• 3Y*: 19.27%
• 5Y*: 12.31%
• 10Y*: 14.64%

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

WOMN vs. PRCOX - Expense Ratio Comparison

WOMN has a 0.75% expense ratio, which is higher than PRCOX's 0.42% expense ratio.

WOMN

Impact Shares YWCA Women’s Empowerment ETF

PRCOX

T. Rowe Price U.S. Equity Research Fund

Return for Risk

WOMN vs. PRCOX — Risk / Return Rank

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

WOMN

WOMN Risk / Return Rank: 20
WOMN Sharpe Ratio Rank: 18
WOMN Sortino Ratio Rank: 18
WOMN Omega Ratio Rank: 19
WOMN Calmar Ratio Rank: 20
WOMN Martin Ratio Rank: 22

PRCOX

PRCOX Risk / Return Rank: 53
PRCOX Sharpe Ratio Rank: 47
PRCOX Sortino Ratio Rank: 52
PRCOX Omega Ratio Rank: 55
PRCOX Calmar Ratio Rank: 51
PRCOX Martin Ratio Rank: 63

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.

WOMN vs. PRCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Impact Shares YWCA Women’s Empowerment ETF (WOMN) and T. Rowe Price U.S. Equity Research Fund (PRCOX). 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.

	WOMN	PRCOX	Difference
Sharpe ratio Return per unit of total volatility	0.28	0.97	-0.68
Sortino ratio Return per unit of downside risk	0.52	1.49	-0.97
Omega ratio Gain probability vs. loss probability	1.08	1.22	-0.15
Calmar ratio Return relative to maximum drawdown	0.37	1.29	-0.92
Martin ratio Return relative to average drawdown	1.60	6.07	-4.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WOMN vs. PRCOX - Sharpe Ratio Comparison

The current WOMN Sharpe Ratio is 0.28, which is lower than the PRCOX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of WOMN and PRCOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WOMN	PRCOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	0.97	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.72	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.55	+0.11

Correlation

The correlation between WOMN and PRCOX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WOMN vs. PRCOX - Dividend Comparison

WOMN's dividend yield for the trailing twelve months is around 0.86%, less than PRCOX's 1.80% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WOMN Impact Shares YWCA Women’s Empowerment ETF	0.86%	0.76%	1.08%	1.80%	5.59%	3.10%	6.15%	1.12%	0.90%	0.00%	0.00%	0.00%
PRCOX T. Rowe Price U.S. Equity Research Fund	1.80%	1.72%	0.64%	1.17%	1.28%	3.71%	1.04%	1.39%	5.60%	7.02%	7.28%	8.76%

Drawdowns

WOMN vs. PRCOX - Drawdown Comparison

The maximum WOMN drawdown since its inception was -32.23%, smaller than the maximum PRCOX drawdown of -53.96%. Use the drawdown chart below to compare losses from any high point for WOMN and PRCOX.

Drawdown Indicators

	WOMN	PRCOX	Difference
Max Drawdown Largest peak-to-trough decline	-32.23%	-53.96%	+21.73%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-12.19%	-0.26%
Max Drawdown (5Y) Largest decline over 5 years	-25.80%	-24.94%	-0.86%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.42%	—
Current Drawdown Current decline from peak	-5.62%	-6.57%	+0.95%
Average Drawdown Average peak-to-trough decline	-5.63%	-9.22%	+3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	2.59%	+0.30%

Volatility

WOMN vs. PRCOX - Volatility Comparison

The current volatility for Impact Shares YWCA Women’s Empowerment ETF (WOMN) is 4.09%, while T. Rowe Price U.S. Equity Research Fund (PRCOX) has a volatility of 5.63%. This indicates that WOMN experiences smaller price fluctuations and is considered to be less risky than PRCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WOMN	PRCOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	5.63%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	8.21%	9.35%	-1.14%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	18.35%	-1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	17.33%	-1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.84%	18.33%	+0.51%