CRIMX vs. PREIX

Last updated Aug 1, 2026

CRIMX (CRM Mid Cap Value Fund) and PREIX (T. Rowe Price Equity Index 500 Fund) are both mutual funds - CRIMX is a Mid Cap Blend Equities fund managed by CRM, while PREIX is a Large Cap Blend Equities fund tracking the S&P 500 Index. Over the past 10 years, CRIMX returned 10.46%/yr vs 14.76%/yr for PREIX. Their correlation of 0.85 means they have usually moved in the same direction. CRIMX charges 0.98%/yr vs 0.15%/yr for PREIX.

Performance

CRIMX vs. PREIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CRM Mid Cap Value Fund (CRIMX) and T. Rowe Price Equity Index 500 Fund (PREIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRIMX achieves a 14.06% return, which is significantly higher than PREIX's 9.23% return. Over the past 10 years, CRIMX has underperformed PREIX with an annualized return of 10.46%, while PREIX has yielded a comparatively higher 14.76% annualized return.

CRIMX

• 1D: 0.64%
• 1M: -2.38%
• 6M: 9.56%
• YTD: 14.06%
• 1Y: 24.99%
• 3Y*: 11.55%
• 5Y*: 7.33%
• 10Y*: 10.46%
• ALL TIME*: 10.75%

PREIX

• 1D: 1.66%
• 1M: -0.57%
• 6M: 7.69%
• YTD: 9.23%
• 1Y: 20.41%
• 3Y*: 18.81%
• 5Y*: 12.49%
• 10Y*: 14.76%
• ALL TIME*: 10.98%

*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)
CRIMX CRM Mid Cap Value Fund	$0.00	$0.00	$0.00
PREIX T. Rowe Price Equity Index 500 Fund	$0.00	$0.00	$0.00

CRIMX vs. PREIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CRIMX CRM Mid Cap Value Fund	14.06%	9.15%	8.84%	6.58%	-9.22%	29.14%	10.75%	24.87%	-7.00%	19.25%
PREIX T. Rowe Price Equity Index 500 Fund	9.23%	17.66%	24.78%	26.07%	-18.27%	28.48%	18.17%	31.47%	-4.59%	21.01%

Correlation

The correlation between CRIMX and PREIX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.81
Correlation (10Y) Provides a long-term view across more market conditions.	0.82
Correlation (All Time) Calculated using the full available price history since Dec 31, 1997	0.85

The correlation between CRIMX and PREIX shifts across timeframes, from 0.70 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CRIMX vs. PREIX — Risk / Return Rank

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

CRIMX

CRIMX Risk / Return Rank: 42
CRIMX Sharpe Ratio Rank: 40
CRIMX Sortino Ratio Rank: 44
CRIMX Omega Ratio Rank: 37
CRIMX Calmar Ratio Rank: 47
CRIMX Martin Ratio Rank: 43

PREIX

PREIX Risk / Return Rank: 62
PREIX Sharpe Ratio Rank: 60
PREIX Sortino Ratio Rank: 56
PREIX Omega Ratio Rank: 57
PREIX Calmar Ratio Rank: 63
PREIX Martin Ratio Rank: 74

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.

CRIMX vs. PREIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CRM Mid Cap Value Fund (CRIMX) and T. Rowe Price Equity Index 500 Fund (PREIX). 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.

	CRIMX	PREIX	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.41	-0.20
Sortino ratio: Return per unit of downside risk	1.86	1.97	-0.12
Omega ratio: Gain probability vs. loss probability	1.21	1.25	-0.04
Calmar ratio: Return relative to maximum drawdown	1.83	2.03	-0.21
Martin ratio: Return relative to average drawdown	6.31	8.70	-2.40

CRIMX vs. PREIX - Sharpe Ratio Comparison

The current CRIMX Sharpe Ratio is 1.21, which is comparable to the PREIX Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of CRIMX and PREIX, 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

CRIMX vs. PREIX - Drawdown Comparison

The maximum CRIMX drawdown since its inception was -49.69%, smaller than the maximum PREIX drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for CRIMX and PREIX.

Drawdown Indicators

	CRIMX	PREIX	Difference
Max Drawdown Largest peak-to-trough decline	-49.69%	-55.32%	+5.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.35%	-8.93%	-3.42%
Max Drawdown (3Y) Largest decline over 3 years	-24.07%	-18.78%	-5.29%
Max Drawdown (5Y) Largest decline over 5 years	-24.07%	-24.60%	+0.53%
Max Drawdown (10Y) Largest decline over 10 years	-39.68%	-33.81%	-5.87%
Current Drawdown Current decline from peak	-5.12%	-2.13%	-2.99%
Average Drawdown Average peak-to-trough decline	-7.40%	-8.69%	+1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	2.08%	+1.49%

Volatility

CRIMX vs. PREIX - Volatility Comparison

CRM Mid Cap Value Fund (CRIMX) has a higher volatility of 5.00% compared to T. Rowe Price Equity Index 500 Fund (PREIX) at 3.44%. This indicates that CRIMX's price experiences larger fluctuations and is considered to be riskier than PREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRIMX	PREIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.00%	3.44%	+1.56%
Volatility (6M) Calculated over the trailing 6-month period	14.82%	10.10%	+4.72%
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	12.86%	+5.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.62%	17.11%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.08%	18.11%	+0.97%

CRIMX vs. PREIX - Expense Ratio Comparison

CRIMX has a 0.98% expense ratio, which is higher than PREIX's 0.15% expense ratio.

Dividends

CRIMX vs. PREIX - Dividend Comparison

CRIMX's dividend yield for the trailing twelve months is around 5.21%, more than PREIX's 2.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRIMX CRM Mid Cap Value Fund	5.21%	5.94%	9.75%	6.25%	4.33%	19.21%	2.03%	3.01%	10.26%	20.06%	4.13%	40.25%
PREIX T. Rowe Price Equity Index 500 Fund	2.16%	2.32%	1.17%	1.32%	1.50%	1.56%	1.97%	2.13%	2.60%	1.30%	2.03%	2.02%

Frequently Asked Questions

Can I hold both CRIMX and PREIX in my portfolio?

CRIMX and PREIX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRIMX or PREIX?

CRIMX has higher volatility (5.00%) compared to PREIX (3.44%). In terms of maximum drawdown, CRIMX dropped -49.69% vs PREIX's -55.32%.

Which has better risk-adjusted returns?

PREIX currently has the higher Sharpe Ratio (1.41 vs 1.21), 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.