POMIX vs. PREIX
Compare and contrast key facts about T. Rowe Price Total Equity Market Index Fund (POMIX) and T. Rowe Price Equity Index 500 Fund (PREIX).
POMIX is managed by T. Rowe Price. It was launched on Jan 30, 1998. PREIX is managed by T. Rowe Price. It was launched on Mar 30, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POMIX or PREIX.
Correlation
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
Key characteristics
POMIX:
1.92
PREIX:
2.24
POMIX:
2.58
PREIX:
2.97
POMIX:
1.35
PREIX:
1.42
POMIX:
2.91
PREIX:
3.32
POMIX:
11.85
PREIX:
14.54
POMIX:
2.10%
PREIX:
1.93%
POMIX:
12.96%
PREIX:
12.56%
POMIX:
-55.54%
PREIX:
-55.32%
POMIX:
-3.11%
PREIX:
-1.12%
Returns By Period
In the year-to-date period, POMIX achieves a 24.56% return, which is significantly lower than PREIX's 27.67% return. Over the past 10 years, POMIX has underperformed PREIX with an annualized return of 12.23%, while PREIX has yielded a comparatively higher 12.99% annualized return.
POMIX
24.56%
-1.18%
9.59%
24.93%
13.68%
12.23%
PREIX
27.67%
0.93%
10.68%
28.10%
14.82%
12.99%
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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%.
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.
Dividends
POMIX vs. PREIX - Dividend Comparison
POMIX has not paid dividends to shareholders, while PREIX's dividend yield for the trailing twelve months is around 0.79%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POMIX T. Rowe Price Total Equity Market Index Fund | 0.00% | 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 | 0.79% | 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.
Volatility
POMIX vs. PREIX - Volatility Comparison
T. Rowe Price Total Equity Market Index Fund (POMIX) has a higher volatility of 4.33% compared to T. Rowe Price Equity Index 500 Fund (PREIX) at 4.03%. This indicates that POMIX's price experiences larger fluctuations and is considered to be riskier than PREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.