PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PEXMX vs. POMIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PEXMX vs. POMIX - 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 T. Rowe Price Total Equity Market Index Fund (POMIX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.46%
13.76%
PEXMX
POMIX

Returns By Period

In the year-to-date period, PEXMX achieves a 24.73% return, which is significantly lower than POMIX's 26.05% return. Over the past 10 years, PEXMX has underperformed POMIX with an annualized return of 10.01%, while POMIX has yielded a comparatively higher 12.49% annualized return.


PEXMX

YTD

24.73%

1M

10.83%

6M

19.46%

1Y

40.22%

5Y (annualized)

11.93%

10Y (annualized)

10.01%

POMIX

YTD

26.05%

1M

4.02%

6M

13.76%

1Y

33.47%

5Y (annualized)

14.89%

10Y (annualized)

12.49%

Key characteristics


PEXMXPOMIX
Sharpe Ratio2.232.58
Sortino Ratio3.053.49
Omega Ratio1.381.48
Calmar Ratio1.663.90
Martin Ratio12.6616.84
Ulcer Index3.18%1.99%
Daily Std Dev18.00%12.95%
Max Drawdown-57.28%-55.54%
Current Drawdown0.00%-0.26%

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. POMIX - Expense Ratio Comparison

PEXMX has a 0.23% expense ratio, which is higher than POMIX's 0.20% 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 POMIX: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.9

The correlation between PEXMX and POMIX 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.

Risk-Adjusted Performance

PEXMX vs. POMIX - 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 T. Rowe Price Total Equity Market Index Fund (POMIX). 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 2.23, compared to the broader market-1.000.001.002.003.004.005.002.232.58
The chart of Sortino ratio for PEXMX, currently valued at 3.05, compared to the broader market0.005.0010.003.053.49
The chart of Omega ratio for PEXMX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.48
The chart of Calmar ratio for PEXMX, currently valued at 1.66, compared to the broader market0.005.0010.0015.0020.001.663.90
The chart of Martin ratio for PEXMX, currently valued at 12.66, compared to the broader market0.0020.0040.0060.0080.00100.0012.6616.84
PEXMX
POMIX

The current PEXMX Sharpe Ratio is 2.23, which is comparable to the POMIX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of PEXMX and POMIX, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.23
2.58
PEXMX
POMIX

Dividends

PEXMX vs. POMIX - Dividend Comparison

PEXMX's dividend yield for the trailing twelve months is around 0.84%, less than POMIX's 0.95% yield.


TTM20232022202120202019201820172016201520142013
PEXMX
T. Rowe Price Extended Equity Market Index Fund
0.84%1.05%1.32%0.75%0.65%1.06%1.29%1.13%1.15%0.95%1.08%0.74%
POMIX
T. Rowe Price Total Equity Market Index Fund
0.95%1.20%1.46%1.02%1.17%1.52%1.77%1.43%1.62%1.78%1.41%1.27%

Drawdowns

PEXMX vs. POMIX - Drawdown Comparison

The maximum PEXMX drawdown since its inception was -57.28%, roughly equal to the maximum POMIX drawdown of -55.54%. Use the drawdown chart below to compare losses from any high point for PEXMX and POMIX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.26%
PEXMX
POMIX

Volatility

PEXMX vs. POMIX - Volatility Comparison

T. Rowe Price Extended Equity Market Index Fund (PEXMX) has a higher volatility of 6.36% compared to T. Rowe Price Total Equity Market Index Fund (POMIX) at 4.16%. This indicates that PEXMX's price experiences larger fluctuations and is considered to be riskier than POMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.36%
4.16%
PEXMX
POMIX