CDDRX vs. PRDGX

Last updated Aug 1, 2026

CDDRX (Columbia Dividend Income Fund Class R5) and PRDGX (T. Rowe Price Dividend Growth Fund, Inc.) are both mutual funds - CDDRX is a Large Cap Value Equities fund actively managed by Columbia, while PRDGX is a Large Cap Blend Equities fund actively managed by T. Rowe Price. Both are actively managed. Over the past 10 years, CDDRX returned 12.62%/yr vs 12.86%/yr for PRDGX. Their 0.96 correlation means they have historically moved very closely together. CDDRX charges 1.15%/yr vs 0.64%/yr for PRDGX.

Performance

CDDRX vs. PRDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Dividend Income Fund Class R5 (CDDRX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CDDRX achieves a 12.24% return, which is significantly higher than PRDGX's 11.24% return. Both investments have delivered pretty close results over the past 10 years, with CDDRX having a 12.62% annualized return and PRDGX not far ahead at 12.86%.

CDDRX

• 1D: -0.02%
• 1M: 0.71%
• 6M: 7.81%
• YTD: 12.24%
• 1Y: 22.07%
• 3Y*: 15.41%
• 5Y*: 11.13%
• 10Y*: 12.62%
• ALL TIME*: 13.05%

PRDGX

• 1D: 0.71%
• 1M: 0.75%
• 6M: 9.35%
• YTD: 11.24%
• 1Y: 19.63%
• 3Y*: 14.49%
• 5Y*: 9.95%
• 10Y*: 12.86%
• ALL TIME*: 10.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CDDRX Columbia Dividend Income Fund Class R5	$0.00	$0.00	$0.00
PRDGX T. Rowe Price Dividend Growth Fund, Inc.	$0.00	$0.00	$0.00

CDDRX vs. PRDGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CDDRX Columbia Dividend Income Fund Class R5	12.24%	15.93%	15.07%	10.61%	-4.89%	26.32%	7.87%	28.62%	-4.32%	20.28%
PRDGX T. Rowe Price Dividend Growth Fund, Inc.	11.24%	14.74%	13.48%	13.68%	-10.22%	26.03%	13.92%	31.76%	-1.06%	18.89%

Correlation

The correlation between CDDRX and PRDGX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Nov 9, 2012	0.96

The correlation between CDDRX and PRDGX has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.

Return for Risk

CDDRX vs. PRDGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CDDRX

CDDRX Risk / Return Rank: 89
CDDRX Sharpe Ratio Rank: 89
CDDRX Sortino Ratio Rank: 88
CDDRX Omega Ratio Rank: 84
CDDRX Calmar Ratio Rank: 92
CDDRX Martin Ratio Rank: 93

PRDGX

PRDGX Risk / Return Rank: 77
PRDGX Sharpe Ratio Rank: 78
PRDGX Sortino Ratio Rank: 76
PRDGX Omega Ratio Rank: 74
PRDGX Calmar Ratio Rank: 75
PRDGX Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CDDRX vs. PRDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Income Fund Class R5 (CDDRX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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.

	CDDRX	PRDGX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	1.78	+0.45
Sortino ratio: Return per unit of downside risk	3.26	2.54	+0.72
Omega ratio: Gain probability vs. loss probability	1.42	1.32	+0.10
Calmar ratio: Return relative to maximum drawdown	3.72	2.39	+1.33
Martin ratio: Return relative to average drawdown	14.22	9.99	+4.23

CDDRX vs. PRDGX - Sharpe Ratio Comparison

The current CDDRX Sharpe Ratio is 2.23, which is comparable to the PRDGX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of CDDRX and PRDGX, 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

CDDRX vs. PRDGX - Drawdown Comparison

The maximum CDDRX drawdown since its inception was -32.80%, smaller than the maximum PRDGX drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for CDDRX and PRDGX.

Drawdown Indicators

	CDDRX	PRDGX	Difference
Max Drawdown Largest peak-to-trough decline	-32.80%	-49.79%	+16.99%
Max Drawdown (1Y) Largest decline over 1 year	-5.51%	-7.34%	+1.83%
Max Drawdown (3Y) Largest decline over 3 years	-13.00%	-14.15%	+1.15%
Max Drawdown (5Y) Largest decline over 5 years	-16.94%	-19.31%	+2.37%
Max Drawdown (10Y) Largest decline over 10 years	-32.80%	-33.18%	+0.38%
Current Drawdown Current decline from peak	-1.20%	-0.53%	-0.67%
Average Drawdown Average peak-to-trough decline	-2.75%	-5.39%	+2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	1.76%	-0.31%

Volatility

CDDRX vs. PRDGX - Volatility Comparison

Columbia Dividend Income Fund Class R5 (CDDRX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) have volatilities of 2.42% and 2.40%, 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

	CDDRX	PRDGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.42%	2.40%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	6.76%	7.42%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	9.21%	9.88%	-0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.23%	14.03%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.68%	15.82%	-0.14%

CDDRX vs. PRDGX - Expense Ratio Comparison

CDDRX has a 1.15% expense ratio, which is higher than PRDGX's 0.64% expense ratio.

Dividends

CDDRX vs. PRDGX - Dividend Comparison

CDDRX's dividend yield for the trailing twelve months is around 4.76%, less than PRDGX's 7.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CDDRX Columbia Dividend Income Fund Class R5	4.76%	5.29%	5.96%	4.92%	3.86%	2.89%	1.78%	3.20%	7.61%	4.01%	3.81%	8.31%
PRDGX T. Rowe Price Dividend Growth Fund, Inc.	7.28%	8.02%	4.66%	2.78%	3.81%	2.00%	1.03%	2.33%	3.67%	1.82%	3.07%	7.57%

Frequently Asked Questions

Can I hold both CDDRX and PRDGX in my portfolio?

CDDRX and PRDGX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CDDRX or PRDGX?

CDDRX has higher volatility (2.42%) compared to PRDGX (2.40%). In terms of maximum drawdown, CDDRX dropped -32.80% vs PRDGX's -49.79%.

Which has better risk-adjusted returns?

CDDRX currently has the higher Sharpe Ratio (2.23 vs 1.78), 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.