PRDMX vs. LSHAX
PRDMX (T. Rowe Price Diversified Mid Cap Growth Fund) and LSHAX (Kinetics Spin-Off and Corporate Restructuring Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, PRDMX returned 12.24%/yr vs 17.42%/yr for LSHAX. Their 0.67 correlation means they have sometimes moved together and sometimes differently. PRDMX charges 0.79%/yr vs 1.68%/yr for LSHAX.
Performance
PRDMX vs. LSHAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRDMX achieves a 1.86% return, which is significantly lower than LSHAX's 32.50% return. Over the past 10 years, PRDMX has underperformed LSHAX with an annualized return of 12.24%, while LSHAX has yielded a comparatively higher 17.42% annualized return.
PRDMX
- 1D
- 2.48%
- 1M
- -3.51%
- 6M
- 2.10%
- YTD
- 1.86%
- 1Y
- 0.92%
- 3Y*
- 12.67%
- 5Y*
- 5.14%
- 10Y*
- 12.24%
- ALL TIME*
- 10.44%
LSHAX
- 1D
- 1.05%
- 1M
- -2.20%
- 6M
- 12.03%
- YTD
- 32.50%
- 1Y
- 24.27%
- 3Y*
- 25.70%
- 5Y*
- 14.50%
- 10Y*
- 17.42%
- ALL TIME*
- 8.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRDMX vs. LSHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund | 1.86% | 10.30% | 23.77% | 20.75% | -24.65% | 13.56% | 31.82% | 37.91% | -3.15% | 24.66% |
LSHAX Kinetics Spin-Off and Corporate Restructuring Fund | 32.50% | -19.53% | 82.16% | -19.74% | 39.45% | 42.75% | 5.23% | 31.30% | -8.18% | 15.65% |
Correlation
The correlation between PRDMX and LSHAX is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since May 11, 2007 | 0.67 |
Over the past year, the correlation between PRDMX and LSHAX has dropped to 0.26 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRDMX vs. LSHAX — Risk / Return Rank
PRDMX
LSHAX
PRDMX vs. LSHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) and Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRDMX | LSHAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.12 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 0.65 | -0.72 |
| Martin ratioReturn relative to average drawdown | -0.20 | 1.43 | -1.63 |
Loading charts...
Drawdowns
PRDMX vs. LSHAX - Drawdown Comparison
The maximum PRDMX drawdown since its inception was -57.57%, smaller than the maximum LSHAX drawdown of -69.03%. Use the drawdown chart below to compare losses from any high point for PRDMX and LSHAX.
Loading charts...
Drawdown Indicators
| PRDMX | LSHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.57% | -69.03% | +11.46% |
Max Drawdown (1Y)Largest decline over 1 year | -14.15% | -28.39% | +14.24% |
Max Drawdown (3Y)Largest decline over 3 years | -25.06% | -45.79% | +20.73% |
Max Drawdown (5Y)Largest decline over 5 years | -35.69% | -45.79% | +10.10% |
Max Drawdown (10Y)Largest decline over 10 years | -35.91% | -50.78% | +14.87% |
Current DrawdownCurrent decline from peak | -5.85% | -25.49% | +19.64% |
Average DrawdownAverage peak-to-trough decline | -8.40% | -21.96% | +13.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.74% | 13.03% | -8.29% |
Volatility
PRDMX vs. LSHAX - Volatility Comparison
The current volatility for T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) is 5.24%, while Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX) has a volatility of 8.73%. This indicates that PRDMX experiences smaller price fluctuations and is considered to be less risky than LSHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRDMX | LSHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 8.73% | -3.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.47% | 30.05% | -15.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.04% | 38.97% | -20.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.01% | 34.59% | -12.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.40% | 30.98% | -9.58% |
PRDMX vs. LSHAX - Expense Ratio Comparison
PRDMX has a 0.79% expense ratio, which is lower than LSHAX's 1.68% expense ratio.
Dividends
PRDMX vs. LSHAX - Dividend Comparison
PRDMX's dividend yield for the trailing twelve months is around 7.60%, less than LSHAX's 8.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSHAX Kinetics Spin-Off and Corporate Restructuring Fund | 8.75% | 11.59% | 4.66% | 9.40% | 1.76% | 0.11% | 0.53% | 0.00% | 4.85% | 3.94% | 1.84% | 0.00% |
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund | 7.60% | 7.75% | 8.59% | 6.83% | 1.22% | 10.13% | 4.80% | 2.02% | 5.23% | 3.71% | 1.23% | 3.78% |
Frequently Asked Questions
PRDMX and LSHAX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LSHAX has higher volatility (8.73%) compared to PRDMX (5.24%). In terms of maximum drawdown, PRDMX dropped -57.57% vs LSHAX's -69.03%.
LSHAX currently has the higher Sharpe Ratio (0.47 vs -0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PRDMX and LSHAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer