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PRCOX vs. FLCEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PRCOX vs. FLCEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price U.S. Equity Research Fund (PRCOX) and Fidelity Large Cap Core Enhanced Index Fund (FLCEX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.53%
0
PRCOX
FLCEX

Returns By Period


PRCOX

YTD

26.62%

1M

1.20%

6M

11.82%

1Y

33.39%

5Y (annualized)

15.44%

10Y (annualized)

10.36%

FLCEX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


PRCOXFLCEX

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PRCOX vs. FLCEX - Expense Ratio Comparison

PRCOX has a 0.42% expense ratio, which is higher than FLCEX's 0.39% expense ratio.


PRCOX
T. Rowe Price U.S. Equity Research Fund
Expense ratio chart for PRCOX: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%
Expense ratio chart for FLCEX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Correlation

-0.50.00.51.01.0

The correlation between PRCOX and FLCEX 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.

Risk-Adjusted Performance

PRCOX vs. FLCEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. Equity Research Fund (PRCOX) and Fidelity Large Cap Core Enhanced Index Fund (FLCEX). 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 PRCOX, currently valued at 2.65, compared to the broader market-1.000.001.002.003.004.005.002.65
The chart of Sortino ratio for PRCOX, currently valued at 3.53, compared to the broader market0.005.0010.003.53
The chart of Omega ratio for PRCOX, currently valued at 1.49, compared to the broader market1.002.003.004.001.49
The chart of Calmar ratio for PRCOX, currently valued at 3.74, compared to the broader market0.005.0010.0015.0020.0025.003.74
The chart of Martin ratio for PRCOX, currently valued at 17.02, compared to the broader market0.0020.0040.0060.0080.00100.0017.02
PRCOX
FLCEX

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.65
1.00
PRCOX
FLCEX

Dividends

PRCOX vs. FLCEX - Dividend Comparison

PRCOX's dividend yield for the trailing twelve months is around 0.92%, while FLCEX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PRCOX
T. Rowe Price U.S. Equity Research Fund
0.92%1.17%0.88%0.69%0.87%0.55%1.23%1.07%1.24%1.64%1.12%0.92%
FLCEX
Fidelity Large Cap Core Enhanced Index Fund
0.00%1.21%1.25%14.25%2.29%2.38%7.67%3.82%1.57%2.82%7.44%20.13%

Drawdowns

PRCOX vs. FLCEX - Drawdown Comparison


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.39%
-1.37%
PRCOX
FLCEX

Volatility

PRCOX vs. FLCEX - Volatility Comparison

T. Rowe Price U.S. Equity Research Fund (PRCOX) has a higher volatility of 4.16% compared to Fidelity Large Cap Core Enhanced Index Fund (FLCEX) at 0.00%. This indicates that PRCOX's price experiences larger fluctuations and is considered to be riskier than FLCEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.16%
0
PRCOX
FLCEX