PRDMX vs. FHESX
Compare and contrast key facts about T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) and Federated Hermes SDG Engagement Equity Fund (FHESX).
PRDMX is managed by T. Rowe Price. It was launched on Dec 31, 2003. FHESX is managed by Federated. It was launched on Nov 5, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDMX or FHESX.
Key characteristics
| PRDMX | FHESX | |
|---|---|---|
| YTD Return | 11.72% | 6.25% |
| 1Y Return | 20.09% | 14.92% |
| 3Y Return (Ann) | 0.57% | 2.00% |
| 5Y Return (Ann) | 10.30% | 6.91% |
| Sharpe Ratio | 1.08 | 1.02 |
| Daily Std Dev | 19.27% | 14.96% |
| Max Drawdown | -57.57% | -40.76% |
| Current Drawdown | -3.80% | -1.03% |
Correlation
The correlation between PRDMX and FHESX is 0.82, 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
PRDMX vs. FHESX - Performance Comparison
In the year-to-date period, PRDMX achieves a 11.72% return, which is significantly higher than FHESX's 6.25% return. 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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PRDMX vs. FHESX - Expense Ratio Comparison
PRDMX has a 0.79% expense ratio, which is lower than FHESX's 0.94% expense ratio.
Risk-Adjusted Performance
PRDMX vs. FHESX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) and Federated Hermes SDG Engagement Equity Fund (FHESX). 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
PRDMX vs. FHESX - Dividend Comparison
PRDMX's dividend yield for the trailing twelve months is around 6.12%, more than FHESX's 0.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund | 6.12% | 6.83% | 1.22% | 10.13% | 4.80% | 2.02% | 5.23% | 3.71% | 1.23% | 3.78% | 6.49% | 0.07% |
FHESX Federated Hermes SDG Engagement Equity Fund | 0.92% | 0.97% | 0.37% | 0.72% | 0.88% | 1.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRDMX vs. FHESX - Drawdown Comparison
The maximum PRDMX drawdown since its inception was -57.57%, which is greater than FHESX's maximum drawdown of -40.76%. Use the drawdown chart below to compare losses from any high point for PRDMX and FHESX. For additional features, visit the drawdowns tool.
Volatility
PRDMX vs. FHESX - Volatility Comparison
T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) has a higher volatility of 5.15% compared to Federated Hermes SDG Engagement Equity Fund (FHESX) at 4.61%. This indicates that PRDMX's price experiences larger fluctuations and is considered to be riskier than FHESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.