DRMCX vs. PRDMX

Last updated Jun 3, 2026

DRMCX (Virtus Mid-Cap Growth Fund) and PRDMX (T. Rowe Price Diversified Mid Cap Growth Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, DRMCX returned 14.93%/yr vs 12.98%/yr for PRDMX. With a 0.96 correlation, they move nearly in lockstep. DRMCX charges 0.83%/yr vs 0.79%/yr for PRDMX.

Performance

DRMCX vs. PRDMX - Performance Comparison

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

Returns By Period

In the year-to-date period, DRMCX achieves a 14.41% return, which is significantly higher than PRDMX's 4.60% return. Over the past 10 years, DRMCX has outperformed PRDMX with an annualized return of 14.93%, while PRDMX has yielded a comparatively lower 12.98% annualized return.

DRMCX

• 1D: 0.59%
• 1M: 7.39%
• YTD: 14.41%
• 6M: 13.00%
• 1Y: 24.12%
• 3Y*: 22.80%
• 5Y*: 8.15%
• 10Y*: 14.93%

PRDMX

• 1D: 0.20%
• 1M: 3.98%
• YTD: 4.60%
• 6M: 3.92%
• 1Y: 9.06%
• 3Y*: 16.33%
• 5Y*: 7.64%
• 10Y*: 12.98%

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

DRMCX vs. PRDMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRMCX Virtus Mid-Cap Growth Fund	14.41%	18.09%	20.49%	24.81%	-32.59%	14.91%	55.27%	41.73%	-11.16%	25.08%
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund	4.60%	10.30%	23.77%	20.75%	-24.65%	13.56%	31.82%	37.91%	-3.15%	24.66%

Correlation

The correlation between DRMCX and PRDMX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 5, 2004	0.96

The correlation between DRMCX and PRDMX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

DRMCX vs. PRDMX — Risk / Return Rank

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

DRMCX

DRMCX Risk / Return Rank: 22
DRMCX Sharpe Ratio Rank: 20
DRMCX Sortino Ratio Rank: 20
DRMCX Omega Ratio Rank: 18
DRMCX Calmar Ratio Rank: 25
DRMCX Martin Ratio Rank: 27

PRDMX

PRDMX Risk / Return Rank: 7
PRDMX Sharpe Ratio Rank: 7
PRDMX Sortino Ratio Rank: 7
PRDMX Omega Ratio Rank: 6
PRDMX Calmar Ratio Rank: 7
PRDMX Martin Ratio Rank: 8

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.

DRMCX vs. PRDMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Mid-Cap Growth Fund (DRMCX) 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.

	DRMCX	PRDMX	Difference
Sharpe ratio Return per unit of total volatility	1.32	0.58	+0.74
Sortino ratio Return per unit of downside risk	1.91	0.93	+0.98
Omega ratio Gain probability vs. loss probability	1.23	1.11	+0.12
Calmar ratio Return relative to maximum drawdown	1.90	0.76	+1.14
Martin ratio Return relative to average drawdown	6.69	2.39	+4.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRMCX vs. PRDMX - Sharpe Ratio Comparison

The current DRMCX Sharpe Ratio is 1.32, which is higher than the PRDMX Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of DRMCX and PRDMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DRMCX	PRDMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.58	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.35	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.61	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.50	-0.18

Drawdowns

DRMCX vs. PRDMX - Drawdown Comparison

The maximum DRMCX drawdown since its inception was -67.97%, which is greater than PRDMX's maximum drawdown of -57.57%. Use the drawdown chart below to compare losses from any high point for DRMCX and PRDMX.

Drawdown Indicators

	DRMCX	PRDMX	Difference
Max Drawdown Largest peak-to-trough decline	-67.97%	-57.57%	-10.40%
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	-14.15%	+0.40%
Max Drawdown (3Y) Largest decline over 3 years	-26.83%	-25.06%	-1.77%
Max Drawdown (5Y) Largest decline over 5 years	-43.47%	-35.69%	-7.78%
Max Drawdown (10Y) Largest decline over 10 years	-43.47%	-35.91%	-7.56%
Current Drawdown Current decline from peak	0.00%	-0.92%	+0.92%
Average Drawdown Average peak-to-trough decline	-22.10%	-8.44%	-13.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	4.49%	-0.59%

Volatility

DRMCX vs. PRDMX - Volatility Comparison

Virtus Mid-Cap Growth Fund (DRMCX) has a higher volatility of 5.07% compared to T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) at 3.89%. This indicates that DRMCX's price experiences larger fluctuations and is considered to be riskier than PRDMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRMCX	PRDMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	3.89%	+1.18%
Volatility (6M) Calculated over the trailing 6-month period	14.99%	12.98%	+2.01%
Volatility (1Y) Calculated over the trailing 1-year period	19.02%	16.75%	+2.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.04%	21.81%	+2.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	21.37%	+2.23%

DRMCX vs. PRDMX - Expense Ratio Comparison

DRMCX has a 0.83% expense ratio, which is higher than PRDMX's 0.79% expense ratio.

Dividends

DRMCX vs. PRDMX - Dividend Comparison

DRMCX's dividend yield for the trailing twelve months is around 14.45%, more than PRDMX's 7.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRMCX Virtus Mid-Cap Growth Fund	14.45%	16.53%	0.00%	0.00%	0.00%	27.44%	9.02%	4.12%	14.34%	8.78%	7.35%	5.65%
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund	7.41%	7.75%	8.59%	6.83%	1.22%	10.13%	4.80%	2.02%	5.23%	3.71%	1.23%	3.78%

Frequently Asked Questions

Can I hold both DRMCX and PRDMX in my portfolio?

With a correlation of 0.96, DRMCX and PRDMX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DRMCX or PRDMX?

DRMCX has higher volatility (5.07%) compared to PRDMX (3.89%). In terms of maximum drawdown, DRMCX dropped -67.97% vs PRDMX's -57.57%.

Which has better risk-adjusted returns?

DRMCX currently has the higher Sharpe Ratio (1.32 vs 0.58), 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.