PRCIX vs. FDFIX
Compare and contrast key facts about T. Rowe Price New Income Fund (PRCIX) and Fidelity Flex 500 Index Fund (FDFIX).
PRCIX is managed by T. Rowe Price. It was launched on Aug 31, 1973. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRCIX or FDFIX.
Key characteristics
| PRCIX | FDFIX | |
|---|---|---|
| YTD Return | 1.34% | 26.98% |
| 1Y Return | 6.51% | 34.99% |
| 3Y Return (Ann) | -3.45% | 10.21% |
| 5Y Return (Ann) | -1.17% | 15.78% |
| Sharpe Ratio | 1.32 | 3.06 |
| Sortino Ratio | 1.98 | 4.06 |
| Omega Ratio | 1.23 | 1.58 |
| Calmar Ratio | 0.46 | 4.46 |
| Martin Ratio | 4.90 | 20.21 |
| Ulcer Index | 1.61% | 1.86% |
| Daily Std Dev | 5.98% | 12.31% |
| Max Drawdown | -19.98% | -33.77% |
| Current Drawdown | -11.04% | -0.27% |
Correlation
The correlation between PRCIX and FDFIX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PRCIX vs. FDFIX - Performance Comparison
In the year-to-date period, PRCIX achieves a 1.34% return, which is significantly lower than FDFIX's 26.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRCIX vs. FDFIX - Expense Ratio Comparison
PRCIX has a 0.44% expense ratio, which is higher than FDFIX's 0.00% expense ratio.
Risk-Adjusted Performance
PRCIX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Income Fund (PRCIX) and Fidelity Flex 500 Index Fund (FDFIX). 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
PRCIX vs. FDFIX - Dividend Comparison
PRCIX's dividend yield for the trailing twelve months is around 4.41%, more than FDFIX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRCIX T. Rowe Price New Income Fund | 4.41% | 3.82% | 2.45% | 1.59% | 2.41% | 2.87% | 3.04% | 2.66% | 2.56% | 2.56% | 2.60% | 2.78% |
FDFIX Fidelity Flex 500 Index Fund | 1.22% | 1.48% | 1.70% | 1.18% | 1.52% | 1.78% | 1.81% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRCIX vs. FDFIX - Drawdown Comparison
The maximum PRCIX drawdown since its inception was -19.98%, smaller than the maximum FDFIX drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for PRCIX and FDFIX. For additional features, visit the drawdowns tool.
Volatility
PRCIX vs. FDFIX - Volatility Comparison
The current volatility for T. Rowe Price New Income Fund (PRCIX) is 1.71%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 3.74%. This indicates that PRCIX experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.