DSPIX vs. PRGFX
Compare and contrast key facts about BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) and T. Rowe Price Growth Stock Fund (PRGFX).
DSPIX is managed by BNY Mellon. It was launched on Sep 30, 1993. PRGFX is managed by T. Rowe Price. It was launched on Apr 11, 1950.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DSPIX or PRGFX.
Key characteristics
DSPIX | PRGFX | |
---|---|---|
YTD Return | 18.99% | 19.84% |
1Y Return | 28.38% | 29.64% |
3Y Return (Ann) | 9.86% | 1.48% |
5Y Return (Ann) | 15.07% | 13.03% |
10Y Return (Ann) | 12.76% | 13.08% |
Sharpe Ratio | 2.22 | 1.57 |
Daily Std Dev | 12.59% | 17.67% |
Max Drawdown | -55.32% | -54.01% |
Current Drawdown | -0.50% | -4.89% |
Correlation
The correlation between DSPIX and PRGFX is 0.92, 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
DSPIX vs. PRGFX - Performance Comparison
The year-to-date returns for both investments are quite close, with DSPIX having a 18.99% return and PRGFX slightly higher at 19.84%. Both investments have delivered pretty close results over the past 10 years, with DSPIX having a 12.76% annualized return and PRGFX not far ahead at 13.08%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DSPIX vs. PRGFX - Expense Ratio Comparison
DSPIX has a 0.20% expense ratio, which is lower than PRGFX's 0.63% expense ratio.
Risk-Adjusted Performance
DSPIX vs. PRGFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) and T. Rowe Price Growth Stock Fund (PRGFX). 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.
Dividends
DSPIX vs. PRGFX - Dividend Comparison
DSPIX's dividend yield for the trailing twelve months is around 23.18%, more than PRGFX's 2.78% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY Mellon Institutional S&P 500 Stock Index Fund | 23.18% | 27.46% | 18.33% | 12.91% | 4.64% | 5.01% | 6.33% | 2.53% | 2.91% | 2.63% | 1.70% | 1.71% |
T. Rowe Price Growth Stock Fund | 2.78% | 3.34% | 3.55% | 9.34% | 3.51% | 1.81% | 9.09% | 13.57% | 2.22% | 7.23% | 9.91% | 0.04% |
Drawdowns
DSPIX vs. PRGFX - Drawdown Comparison
The maximum DSPIX drawdown since its inception was -55.32%, roughly equal to the maximum PRGFX drawdown of -54.01%. Use the drawdown chart below to compare losses from any high point for DSPIX and PRGFX. For additional features, visit the drawdowns tool.
Volatility
DSPIX vs. PRGFX - Volatility Comparison
The current volatility for BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) is 4.10%, while T. Rowe Price Growth Stock Fund (PRGFX) has a volatility of 5.13%. This indicates that DSPIX experiences smaller price fluctuations and is considered to be less risky than PRGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.