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POMIX vs. PREIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


POMIXPREIX
YTD Return25.91%26.72%
1Y Return38.15%37.33%
3Y Return (Ann)8.69%10.05%
5Y Return (Ann)15.00%15.75%
10Y Return (Ann)12.64%13.21%
Sharpe Ratio2.923.03
Sortino Ratio3.944.04
Omega Ratio1.551.57
Calmar Ratio4.444.40
Martin Ratio19.3119.89
Ulcer Index1.97%1.87%
Daily Std Dev13.02%12.27%
Max Drawdown-55.54%-55.32%
Current Drawdown-0.37%-0.28%

Correlation

-0.50.00.51.01.0

The correlation between POMIX and PREIX is 0.99, 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

POMIX vs. PREIX - Performance Comparison

The year-to-date returns for both investments are quite close, with POMIX having a 25.91% return and PREIX slightly higher at 26.72%. Both investments have delivered pretty close results over the past 10 years, with POMIX having a 12.64% annualized return and PREIX not far ahead at 13.21%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
13.29%
13.35%
POMIX
PREIX

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POMIX vs. PREIX - Expense Ratio Comparison

POMIX has a 0.20% expense ratio, which is higher than PREIX's 0.15% 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%.


POMIX
T. Rowe Price Total Equity Market Index Fund
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%
Expense ratio chart for PREIX: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

POMIX vs. PREIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Total Equity Market Index Fund (POMIX) and T. Rowe Price Equity Index 500 Fund (PREIX). 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.


POMIX
Sharpe ratio
The chart of Sharpe ratio for POMIX, currently valued at 2.92, compared to the broader market0.002.004.002.92
Sortino ratio
The chart of Sortino ratio for POMIX, currently valued at 3.94, compared to the broader market0.005.0010.003.94
Omega ratio
The chart of Omega ratio for POMIX, currently valued at 1.55, compared to the broader market1.002.003.004.001.55
Calmar ratio
The chart of Calmar ratio for POMIX, currently valued at 4.44, compared to the broader market0.005.0010.0015.0020.004.44
Martin ratio
The chart of Martin ratio for POMIX, currently valued at 19.31, compared to the broader market0.0020.0040.0060.0080.00100.0019.31
PREIX
Sharpe ratio
The chart of Sharpe ratio for PREIX, currently valued at 3.03, compared to the broader market0.002.004.003.03
Sortino ratio
The chart of Sortino ratio for PREIX, currently valued at 4.04, compared to the broader market0.005.0010.004.04
Omega ratio
The chart of Omega ratio for PREIX, currently valued at 1.57, compared to the broader market1.002.003.004.001.57
Calmar ratio
The chart of Calmar ratio for PREIX, currently valued at 4.40, compared to the broader market0.005.0010.0015.0020.004.40
Martin ratio
The chart of Martin ratio for PREIX, currently valued at 19.89, compared to the broader market0.0020.0040.0060.0080.00100.0019.89

POMIX vs. PREIX - Sharpe Ratio Comparison

The current POMIX Sharpe Ratio is 2.92, which is comparable to the PREIX Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of POMIX and PREIX, 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 Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.92
3.03
POMIX
PREIX

Dividends

POMIX vs. PREIX - Dividend Comparison

POMIX's dividend yield for the trailing twelve months is around 0.95%, less than PREIX's 1.09% yield.


TTM20232022202120202019201820172016201520142013
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%
PREIX
T. Rowe Price Equity Index 500 Fund
1.09%1.33%1.50%1.15%1.56%1.78%1.95%1.65%1.83%2.02%1.69%1.63%

Drawdowns

POMIX vs. PREIX - Drawdown Comparison

The maximum POMIX drawdown since its inception was -55.54%, roughly equal to the maximum PREIX drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for POMIX and PREIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.37%
-0.28%
POMIX
PREIX

Volatility

POMIX vs. PREIX - Volatility Comparison

T. Rowe Price Total Equity Market Index Fund (POMIX) and T. Rowe Price Equity Index 500 Fund (PREIX) have volatilities of 4.01% and 3.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.01%
3.85%
POMIX
PREIX