PRDGX vs. RGI
Compare and contrast key facts about T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) and Invesco S&P 500® Equal Weight Industrials ETF (RGI).
PRDGX is managed by T. Rowe Price. It was launched on Dec 30, 1992. RGI is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index Industrials. It was launched on Nov 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDGX or RGI.
Key characteristics
| PRDGX | RGI | |
|---|---|---|
| YTD Return | 5.04% | 6.16% |
| 1Y Return | 16.35% | 24.38% |
| 3Y Return (Ann) | 6.68% | 7.99% |
| 5Y Return (Ann) | 11.54% | 13.87% |
| 10Y Return (Ann) | 11.70% | 12.01% |
| Sharpe Ratio | 1.64 | 1.78 |
| Daily Std Dev | 9.56% | 13.72% |
| Max Drawdown | -49.79% | -100.00% |
| Current Drawdown | -2.90% | -99.99% |
Correlation
The correlation between PRDGX and RGI is 0.74, 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
PRDGX vs. RGI - Performance Comparison
In the year-to-date period, PRDGX achieves a 5.04% return, which is significantly lower than RGI's 6.16% return. Both investments have delivered pretty close results over the past 10 years, with PRDGX having a 11.70% annualized return and RGI not far ahead at 12.01%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRDGX vs. RGI - Expense Ratio Comparison
PRDGX has a 0.62% expense ratio, which is higher than RGI's 0.40% expense ratio.
Risk-Adjusted Performance
PRDGX vs. RGI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) and Invesco S&P 500® Equal Weight Industrials ETF (RGI). 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
PRDGX vs. RGI - Dividend Comparison
PRDGX's dividend yield for the trailing twelve months is around 2.66%, more than RGI's 1.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRDGX T. Rowe Price Dividend Growth Fund, Inc. | 2.66% | 2.78% | 3.81% | 2.00% | 1.03% | 1.78% | 3.67% | 2.19% | 3.07% | 7.57% | 4.43% | 1.87% |
RGI Invesco S&P 500® Equal Weight Industrials ETF | 1.00% | 1.06% | 1.09% | 0.70% | 0.96% | 1.33% | 1.49% | 1.12% | 1.31% | 1.51% | 1.28% | 0.90% |
Drawdowns
PRDGX vs. RGI - Drawdown Comparison
The maximum PRDGX drawdown since its inception was -49.79%, smaller than the maximum RGI drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for PRDGX and RGI. For additional features, visit the drawdowns tool.
Volatility
PRDGX vs. RGI - Volatility Comparison
The current volatility for T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) is 2.97%, while Invesco S&P 500® Equal Weight Industrials ETF (RGI) has a volatility of 3.40%. This indicates that PRDGX experiences smaller price fluctuations and is considered to be less risky than RGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.