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

Performance

POMIX vs. PREIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Total Equity Market Index Fund (POMIX) and T. Rowe Price Equity Index 500 Fund (PREIX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
13.76%
13.18%
POMIX
PREIX

Returns By Period

The year-to-date returns for both investments are quite close, with POMIX having a 26.05% return and PREIX slightly higher at 26.50%. Both investments have delivered pretty close results over the past 10 years, with POMIX having a 12.49% annualized return and PREIX not far ahead at 13.02%.


POMIX

YTD

26.05%

1M

4.02%

6M

13.76%

1Y

33.47%

5Y (annualized)

14.89%

10Y (annualized)

12.49%

PREIX

YTD

26.50%

1M

3.07%

6M

13.18%

1Y

32.62%

5Y (annualized)

15.57%

10Y (annualized)

13.02%

Key characteristics


POMIXPREIX
Sharpe Ratio2.582.67
Sortino Ratio3.493.56
Omega Ratio1.481.50
Calmar Ratio3.903.86
Martin Ratio16.8417.30
Ulcer Index1.99%1.89%
Daily Std Dev12.95%12.24%
Max Drawdown-55.54%-55.32%
Current Drawdown-0.26%-0.46%

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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%

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.

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.


Sharpe ratio
The chart of Sharpe ratio for POMIX, currently valued at 2.58, compared to the broader market-1.000.001.002.003.004.005.002.582.67
The chart of Sortino ratio for POMIX, currently valued at 3.49, compared to the broader market0.005.0010.003.493.56
The chart of Omega ratio for POMIX, currently valued at 1.48, compared to the broader market1.002.003.004.001.481.50
The chart of Calmar ratio for POMIX, currently valued at 3.90, compared to the broader market0.005.0010.0015.0020.003.903.86
The chart of Martin ratio for POMIX, currently valued at 16.84, compared to the broader market0.0020.0040.0060.0080.00100.0016.8417.30
POMIX
PREIX

The current POMIX Sharpe Ratio is 2.58, which is comparable to the PREIX Sharpe Ratio of 2.67. 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
2.58
2.67
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
-0.26%
-0.46%
POMIX
PREIX

Volatility

POMIX vs. PREIX - Volatility Comparison

T. Rowe Price Total Equity Market Index Fund (POMIX) has a higher volatility of 4.16% compared to T. Rowe Price Equity Index 500 Fund (PREIX) at 3.96%. 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.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.16%
3.96%
POMIX
PREIX