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CHCLX vs. PRDMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CHCLX and PRDMX is 0.84, 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.


Performance

CHCLX vs. PRDMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Discovery Growth Fund (CHCLX) and T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CHCLX:

-0.05

PRDMX:

0.24

Sortino Ratio

CHCLX:

0.08

PRDMX:

0.51

Omega Ratio

CHCLX:

1.01

PRDMX:

1.07

Calmar Ratio

CHCLX:

-0.05

PRDMX:

0.20

Martin Ratio

CHCLX:

-0.21

PRDMX:

0.59

Ulcer Index

CHCLX:

9.91%

PRDMX:

10.83%

Daily Std Dev

CHCLX:

26.81%

PRDMX:

25.74%

Max Drawdown

CHCLX:

-75.96%

PRDMX:

-59.84%

Current Drawdown

CHCLX:

-35.71%

PRDMX:

-17.52%

Returns By Period

In the year-to-date period, CHCLX achieves a -9.35% return, which is significantly lower than PRDMX's -0.09% return. Over the past 10 years, CHCLX has underperformed PRDMX with an annualized return of 1.09%, while PRDMX has yielded a comparatively higher 6.61% annualized return.


CHCLX

YTD

-9.35%

1M

11.04%

6M

-15.19%

1Y

-1.39%

5Y*

-0.65%

10Y*

1.09%

PRDMX

YTD

-0.09%

1M

13.39%

6M

-10.52%

1Y

6.06%

5Y*

5.79%

10Y*

6.61%

*Annualized

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CHCLX vs. PRDMX - Expense Ratio Comparison

CHCLX has a 0.91% expense ratio, which is higher than PRDMX's 0.79% expense ratio.


Risk-Adjusted Performance

CHCLX vs. PRDMX — Risk-Adjusted Performance Rank

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

CHCLX
The Risk-Adjusted Performance Rank of CHCLX is 1919
Overall Rank
The Sharpe Ratio Rank of CHCLX is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of CHCLX is 2121
Sortino Ratio Rank
The Omega Ratio Rank of CHCLX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of CHCLX is 1919
Calmar Ratio Rank
The Martin Ratio Rank of CHCLX is 1717
Martin Ratio Rank

PRDMX
The Risk-Adjusted Performance Rank of PRDMX is 3939
Overall Rank
The Sharpe Ratio Rank of PRDMX is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of PRDMX is 4242
Sortino Ratio Rank
The Omega Ratio Rank of PRDMX is 4141
Omega Ratio Rank
The Calmar Ratio Rank of PRDMX is 4040
Calmar Ratio Rank
The Martin Ratio Rank of PRDMX is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CHCLX vs. PRDMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Discovery Growth Fund (CHCLX) and T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX). 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.


The current CHCLX Sharpe Ratio is -0.05, which is lower than the PRDMX Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of CHCLX and PRDMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CHCLX vs. PRDMX - Dividend Comparison

Neither CHCLX nor PRDMX has paid dividends to shareholders.


TTM2024202320222021202020192018201720162015
CHCLX
AB Discovery Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PRDMX
T. Rowe Price Diversified Mid Cap Growth Fund
0.00%0.00%0.00%0.00%0.00%0.03%0.14%0.33%3.16%0.20%0.04%

Drawdowns

CHCLX vs. PRDMX - Drawdown Comparison

The maximum CHCLX drawdown since its inception was -75.96%, which is greater than PRDMX's maximum drawdown of -59.84%. Use the drawdown chart below to compare losses from any high point for CHCLX and PRDMX. For additional features, visit the drawdowns tool.


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Volatility

CHCLX vs. PRDMX - Volatility Comparison

AB Discovery Growth Fund (CHCLX) and T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) have volatilities of 8.31% and 8.12%, 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.


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