MXXIX vs. PRDMX
Compare and contrast key facts about Marsico Midcap Growth Focus Fund (MXXIX) and T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX).
MXXIX is managed by Marsico Investment Fund. It was launched on Feb 1, 2000. PRDMX is managed by T. Rowe Price. It was launched on Dec 31, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXXIX or PRDMX.
Correlation
The correlation between MXXIX and PRDMX is 0.89, 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
MXXIX vs. PRDMX - Performance Comparison
Key characteristics
MXXIX:
0.94
PRDMX:
0.24
MXXIX:
1.33
PRDMX:
0.51
MXXIX:
1.18
PRDMX:
1.07
MXXIX:
0.88
PRDMX:
0.20
MXXIX:
3.02
PRDMX:
0.59
MXXIX:
7.40%
PRDMX:
10.83%
MXXIX:
25.34%
PRDMX:
25.74%
MXXIX:
-63.99%
PRDMX:
-59.84%
MXXIX:
-7.60%
PRDMX:
-17.52%
Returns By Period
In the year-to-date period, MXXIX achieves a 5.44% return, which is significantly higher than PRDMX's -0.09% return. Over the past 10 years, MXXIX has outperformed PRDMX with an annualized return of 8.88%, while PRDMX has yielded a comparatively lower 6.60% annualized return.
MXXIX
5.44%
19.51%
-0.21%
23.58%
9.99%
8.88%
PRDMX
-0.09%
9.15%
-10.52%
6.25%
5.85%
6.60%
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MXXIX vs. PRDMX - Expense Ratio Comparison
MXXIX has a 1.33% expense ratio, which is higher than PRDMX's 0.79% expense ratio.
Risk-Adjusted Performance
MXXIX vs. PRDMX — Risk-Adjusted Performance Rank
MXXIX
PRDMX
MXXIX vs. PRDMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Marsico Midcap Growth Focus Fund (MXXIX) 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.
Dividends
MXXIX vs. PRDMX - Dividend Comparison
MXXIX's dividend yield for the trailing twelve months is around 4.35%, less than PRDMX's 8.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXXIX Marsico Midcap Growth Focus Fund | 4.35% | 4.59% | 1.24% | 0.00% | 14.22% | 2.83% | 3.26% | 5.37% | 0.00% | 0.00% | 0.00% | 0.00% |
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund | 8.60% | 8.59% | 6.83% | 1.22% | 10.13% | 4.80% | 2.02% | 5.23% | 3.71% | 1.23% | 3.78% | 6.49% |
Drawdowns
MXXIX vs. PRDMX - Drawdown Comparison
The maximum MXXIX drawdown since its inception was -63.99%, which is greater than PRDMX's maximum drawdown of -59.84%. Use the drawdown chart below to compare losses from any high point for MXXIX and PRDMX. For additional features, visit the drawdowns tool.
Volatility
MXXIX vs. PRDMX - Volatility Comparison
The current volatility for Marsico Midcap Growth Focus Fund (MXXIX) is 7.01%, while T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) has a volatility of 8.12%. This indicates that MXXIX experiences smaller price fluctuations and is considered to be less risky than PRDMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.