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PEXMX vs. FNILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PEXMX and FNILX is 0.87, 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.


-0.50.00.51.00.9

Performance

PEXMX vs. FNILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Extended Equity Market Index Fund (PEXMX) and Fidelity ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
7.01%
9.81%
PEXMX
FNILX

Key characteristics

Sharpe Ratio

PEXMX:

0.55

FNILX:

2.10

Sortino Ratio

PEXMX:

0.85

FNILX:

2.80

Omega Ratio

PEXMX:

1.11

FNILX:

1.39

Calmar Ratio

PEXMX:

0.57

FNILX:

3.11

Martin Ratio

PEXMX:

2.83

FNILX:

13.54

Ulcer Index

PEXMX:

3.73%

FNILX:

1.98%

Daily Std Dev

PEXMX:

19.14%

FNILX:

12.77%

Max Drawdown

PEXMX:

-57.28%

FNILX:

-33.75%

Current Drawdown

PEXMX:

-13.43%

FNILX:

-3.01%

Returns By Period

In the year-to-date period, PEXMX achieves a 9.96% return, which is significantly lower than FNILX's 26.17% return.


PEXMX

YTD

9.96%

1M

-11.84%

6M

7.01%

1Y

9.89%

5Y*

8.30%

10Y*

8.51%

FNILX

YTD

26.17%

1M

-0.84%

6M

9.81%

1Y

26.58%

5Y*

14.85%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PEXMX vs. FNILX - Expense Ratio Comparison

PEXMX has a 0.23% expense ratio, which is higher than FNILX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


PEXMX
T. Rowe Price Extended Equity Market Index Fund
Expense ratio chart for PEXMX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
Expense ratio chart for FNILX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

PEXMX vs. FNILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Extended Equity Market Index Fund (PEXMX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.


Sharpe ratio
The chart of Sharpe ratio for PEXMX, currently valued at 0.55, compared to the broader market-1.000.001.002.003.004.000.552.10
The chart of Sortino ratio for PEXMX, currently valued at 0.85, compared to the broader market-2.000.002.004.006.008.0010.000.852.80
The chart of Omega ratio for PEXMX, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.003.501.111.39
The chart of Calmar ratio for PEXMX, currently valued at 0.57, compared to the broader market0.002.004.006.008.0010.0012.000.573.11
The chart of Martin ratio for PEXMX, currently valued at 2.83, compared to the broader market0.0020.0040.0060.002.8313.54
PEXMX
FNILX

The current PEXMX Sharpe Ratio is 0.55, which is lower than the FNILX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of PEXMX and FNILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.55
2.10
PEXMX
FNILX

Dividends

PEXMX vs. FNILX - Dividend Comparison

PEXMX has not paid dividends to shareholders, while FNILX's dividend yield for the trailing twelve months is around 0.02%.


TTM20232022202120202019201820172016201520142013
PEXMX
T. Rowe Price Extended Equity Market Index Fund
0.00%1.05%1.32%0.75%0.65%1.06%1.29%1.13%1.15%0.95%1.08%0.74%
FNILX
Fidelity ZERO Large Cap Index Fund
0.02%1.34%1.53%0.95%1.20%1.17%0.41%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PEXMX vs. FNILX - Drawdown Comparison

The maximum PEXMX drawdown since its inception was -57.28%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for PEXMX and FNILX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.43%
-3.01%
PEXMX
FNILX

Volatility

PEXMX vs. FNILX - Volatility Comparison

T. Rowe Price Extended Equity Market Index Fund (PEXMX) has a higher volatility of 8.60% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 4.10%. This indicates that PEXMX's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
8.60%
4.10%
PEXMX
FNILX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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