PRDMX vs. PEXMX
Compare and contrast key facts about T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) and T. Rowe Price Extended Equity Market Index Fund (PEXMX).
PRDMX is managed by T. Rowe Price. It was launched on Dec 31, 2003. PEXMX is managed by T. Rowe Price. It was launched on Jan 30, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDMX or PEXMX.
Correlation
The correlation between PRDMX and PEXMX is 0.94, 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. PEXMX - Performance Comparison
Key characteristics
PRDMX:
1.02
PEXMX:
0.55
PRDMX:
1.38
PEXMX:
0.85
PRDMX:
1.20
PEXMX:
1.11
PRDMX:
0.59
PEXMX:
0.57
PRDMX:
5.25
PEXMX:
2.83
PRDMX:
3.40%
PEXMX:
3.73%
PRDMX:
17.60%
PEXMX:
19.14%
PRDMX:
-59.84%
PEXMX:
-57.28%
PRDMX:
-15.66%
PEXMX:
-13.43%
Returns By Period
In the year-to-date period, PRDMX achieves a 16.91% return, which is significantly higher than PEXMX's 9.96% return. Over the past 10 years, PRDMX has underperformed PEXMX with an annualized return of 7.43%, while PEXMX has yielded a comparatively higher 8.51% annualized return.
PRDMX
16.91%
-11.10%
8.17%
17.24%
4.89%
7.43%
PEXMX
9.96%
-11.84%
7.01%
9.89%
8.30%
8.51%
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PRDMX vs. PEXMX - Expense Ratio Comparison
PRDMX has a 0.79% expense ratio, which is higher than PEXMX's 0.23% expense ratio.
Risk-Adjusted Performance
PRDMX vs. PEXMX - 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 T. Rowe Price Extended Equity Market Index Fund (PEXMX). 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. PEXMX - Dividend Comparison
Neither PRDMX nor PEXMX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
T. Rowe Price Diversified Mid Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.14% | 0.33% | 3.16% | 0.20% | 0.04% | 0.00% | 0.07% |
T. Rowe Price Extended Equity Market Index Fund | 0.00% | 1.05% | 1.32% | 0.75% | 0.65% | 1.06% | 1.29% | 1.13% | 1.15% | 0.95% | 1.08% | 0.74% |
Drawdowns
PRDMX vs. PEXMX - Drawdown Comparison
The maximum PRDMX drawdown since its inception was -59.84%, roughly equal to the maximum PEXMX drawdown of -57.28%. Use the drawdown chart below to compare losses from any high point for PRDMX and PEXMX. For additional features, visit the drawdowns tool.
Volatility
PRDMX vs. PEXMX - Volatility Comparison
T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) has a higher volatility of 9.56% compared to T. Rowe Price Extended Equity Market Index Fund (PEXMX) at 8.60%. This indicates that PRDMX's price experiences larger fluctuations and is considered to be riskier than PEXMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.