PMEGX vs. VOT
Compare and contrast key facts about T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) and Vanguard Mid-Cap Growth ETF (VOT).
PMEGX is managed by T. Rowe Price. It was launched on Jul 31, 1996. VOT is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Growth Index. It was launched on Aug 17, 2006.
Performance
PMEGX vs. VOT - Performance Comparison
Loading graphics...
PMEGX vs. VOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMEGX T. Rowe Price Institutional Mid Cap Equity Growth Fund | -4.03% | 3.73% | 9.15% | 20.69% | -23.19% | 15.50% | 23.95% | 33.08% | -2.23% | 26.02% |
VOT Vanguard Mid-Cap Growth ETF | -6.47% | 10.72% | 16.38% | 23.10% | -28.87% | 20.50% | 34.50% | 33.76% | -5.56% | 21.80% |
Returns By Period
In the year-to-date period, PMEGX achieves a -4.03% return, which is significantly higher than VOT's -6.47% return. Over the past 10 years, PMEGX has underperformed VOT with an annualized return of 9.68%, while VOT has yielded a comparatively higher 10.76% annualized return.
PMEGX
- 1D
- 2.77%
- 1M
- -6.49%
- YTD
- -4.03%
- 6M
- -3.03%
- 1Y
- 7.08%
- 3Y*
- 6.88%
- 5Y*
- 2.14%
- 10Y*
- 9.68%
VOT
- 1D
- 1.24%
- 1M
- -6.14%
- YTD
- -6.47%
- 6M
- -11.02%
- 1Y
- 6.52%
- 3Y*
- 10.95%
- 5Y*
- 4.30%
- 10Y*
- 10.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PMEGX vs. VOT - Expense Ratio Comparison
PMEGX has a 0.61% expense ratio, which is higher than VOT's 0.07% expense ratio.
Return for Risk
PMEGX vs. VOT — Risk / Return Rank
PMEGX
VOT
PMEGX vs. VOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) and Vanguard Mid-Cap Growth ETF (VOT). 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.
| PMEGX | VOT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.39 | 0.31 | +0.07 |
Sortino ratioReturn per unit of downside risk | 0.69 | 0.59 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.08 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.57 | 0.45 | +0.12 |
Martin ratioReturn relative to average drawdown | 2.27 | 1.40 | +0.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PMEGX | VOT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | 0.31 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.20 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.52 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.42 | +0.09 |
Correlation
The correlation between PMEGX and VOT is 0.95, 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.
Dividends
PMEGX vs. VOT - Dividend Comparison
PMEGX's dividend yield for the trailing twelve months is around 21.98%, more than VOT's 0.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMEGX T. Rowe Price Institutional Mid Cap Equity Growth Fund | 21.98% | 21.10% | 14.15% | 7.07% | 1.65% | 12.80% | 4.44% | 5.11% | 10.42% | 6.30% | 1.04% | 6.18% |
VOT Vanguard Mid-Cap Growth ETF | 0.71% | 0.64% | 0.67% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.81% |
Drawdowns
PMEGX vs. VOT - Drawdown Comparison
The maximum PMEGX drawdown since its inception was -55.88%, smaller than the maximum VOT drawdown of -60.16%. Use the drawdown chart below to compare losses from any high point for PMEGX and VOT.
Loading graphics...
Drawdown Indicators
| PMEGX | VOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.88% | -60.16% | +4.28% |
Max Drawdown (1Y)Largest decline over 1 year | -12.70% | -15.96% | +3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -32.87% | -37.19% | +4.32% |
Max Drawdown (10Y)Largest decline over 10 years | -37.16% | -37.19% | +0.03% |
Current DrawdownCurrent decline from peak | -12.63% | -12.28% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -9.01% | -10.01% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 5.16% | -1.98% |
Volatility
PMEGX vs. VOT - Volatility Comparison
The current volatility for T. Rowe Price Institutional Mid Cap Equity Growth Fund (PMEGX) is 5.71%, while Vanguard Mid-Cap Growth ETF (VOT) has a volatility of 6.63%. This indicates that PMEGX experiences smaller price fluctuations and is considered to be less risky than VOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PMEGX | VOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.71% | 6.63% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 10.07% | 12.39% | -2.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.01% | 21.04% | -2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.06% | 21.33% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.79% | 20.92% | -1.13% |