T. Rowe Price Equity Income Fund (PRFDX) belongs to the Dividend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRFDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PRFDX
PRFDX charges 0.69% annually. There are 24 mutual funds in the Dividend category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.07% | 129.60B | Dec 2013 | PRFDX vs VDADX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 0.08% | 96.20B | Feb 2019 | PRFDX vs VHYAX | |
| Vanguard International High Dividend Yield Index F... | 0.16% | 20.40B | Mar 2016 | PRFDX vs VIHAX | |
| Vanguard Equity Income Fund Admiral Shares | 0.19% | 65.40B | Aug 2001 | PRFDX vs VEIRX | |
| Vanguard Dividend Growth Fund | 0.20% | 35.70B | May 1992 | PRFDX vs VDIGX |
Best Risk-Adjusted Alternatives to PRFDX
PRFDX has a PortfoliosLab risk / return rank of 91. There are 5 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard International High Dividend Yield Index F... | 94 | 20.40B | Mar 2016 | PRFDX vs VIHAX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | 93 | — | Mar 2005 | PRFDX vs SVAAX | |
| Pioneer Multi-Asset Income Fund A | 92 | — | Dec 2011 | PRFDX vs PMAIX | |
| Goldman Sachs Equity Income Fund | 92 | — | Feb 1993 | PRFDX vs GSGRX | |
| Russell Investments Equity Income Fund | 91 | — | Mar 2000 | PRFDX vs REAYX |
Top Performing PRFDX Alternatives (YTD)
PRFDX is at 17.26% YTD. There are 7 mutual funds in the Dividend category with higher YTD returns, going as high as 21.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Transamerica Sustainable Equity Income Fund | 21.19% | — | Jan 2013 | PRFDX vs TRDIX | |
| Goldman Sachs Equity Income Fund | 18.68% | — | Feb 1993 | PRFDX vs GSGRX | |
| Vanguard International High Dividend Yield Index F... | 18.05% | 20.40B | Mar 2016 | PRFDX vs VIHAX | |
| Allspring Emerging Markets Equity Income Fund | 17.89% | — | May 2012 | PRFDX vs EQIIX | |
| Janus Henderson Global Equity Income Fund | 17.80% | — | Nov 2006 | PRFDX vs HFQAX |
Lowest Volatility Alternatives to PRFDX
PRFDX has 11.13% 1-year volatility. There are 45 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.97% | — | Dec 2011 | PRFDX vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.41% | — | Dec 1973 | PRFDX vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 8.19% | — | Jul 1987 | PRFDX vs CAIFX | |
| American Century Equity Income Fund | 8.59% | 6.45B | Aug 1994 | PRFDX vs TWEIX | |
| American Century Equity Income Fund Class I | 8.61% | — | Jul 1998 | PRFDX vs ACIIX |
Lowest Drawdown Alternatives to PRFDX
PRFDX has a 1-year max drawdown of -7.34%. There are 34 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | -4.07% | — | Dec 2011 | PRFDX vs PMAIX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | -4.71% | — | Mar 2005 | PRFDX vs SVAAX | |
| John Hancock Premium Dividend Fund | -5.38% | — | Dec 1989 | PRFDX vs PDT | |
| Goldman Sachs Equity Income Fund | -5.48% | — | Feb 1993 | PRFDX vs GSGRX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | PRFDX vs CDDYX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 8 | -3.32% | — | Jun 1993 | PRFDX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 43 | 5.93% | — | Jun 1986 | PRFDX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 77 | 11.24% | — | Dec 1992 | PRFDX vs PRDGX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 8 | -3.25% | — | — | PRFDX vs TBCIX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 56 | 9.19% | — | Nov 1994 | PRFDX vs PRCOX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 62 | 9.23% | — | Mar 1990 | PRFDX vs PREIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 11 | -1.10% | — | Sep 1985 | PRFDX vs PRWAX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 11 | 0.26% | — | Oct 2001 | PRFDX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 42 | 19.55% | — | Sep 1987 | PRFDX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 34 | 8.47% | — | Feb 2004 | PRFDX vs TRRJX |
Often Compared With PRFDX
Investors most often compare PRFDX with SCHD, VEIPX, TRVLX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare PRFDX with Any Fund or Stock
Compare PRFDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PRFDX with funds that move differently
T. Rowe Price Equity Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRFDX.
Explore PRFDX Diversifiers