PRDMX vs. RPMGX
Compare and contrast key facts about T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) and T. Rowe Price Mid-Cap Growth Fund (RPMGX).
PRDMX is managed by T. Rowe Price. It was launched on Dec 31, 2003. RPMGX is managed by T. Rowe Price. It was launched on Jun 30, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDMX or RPMGX.
Correlation
The correlation between PRDMX and RPMGX is 0.97, 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. RPMGX - Performance Comparison
Key characteristics
PRDMX:
-0.55
RPMGX:
-1.14
PRDMX:
-0.58
RPMGX:
-1.38
PRDMX:
0.92
RPMGX:
0.80
PRDMX:
-0.40
RPMGX:
-0.57
PRDMX:
-1.42
RPMGX:
-2.36
PRDMX:
8.63%
RPMGX:
9.08%
PRDMX:
22.35%
RPMGX:
18.80%
PRDMX:
-59.84%
RPMGX:
-58.69%
PRDMX:
-30.86%
RPMGX:
-37.56%
Returns By Period
The year-to-date returns for both investments are quite close, with PRDMX having a -16.25% return and RPMGX slightly higher at -15.64%. Over the past 10 years, PRDMX has outperformed RPMGX with an annualized return of 4.74%, while RPMGX has yielded a comparatively lower 0.46% annualized return.
PRDMX
-16.25%
-14.85%
-17.53%
-11.18%
7.06%
4.74%
RPMGX
-15.64%
-13.12%
-22.82%
-20.41%
3.79%
0.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRDMX vs. RPMGX - Expense Ratio Comparison
PRDMX has a 0.79% expense ratio, which is higher than RPMGX's 0.72% expense ratio.
Risk-Adjusted Performance
PRDMX vs. RPMGX — Risk-Adjusted Performance Rank
PRDMX
RPMGX
PRDMX vs. RPMGX - 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 Mid-Cap Growth Fund (RPMGX). 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. RPMGX - Dividend Comparison
PRDMX's dividend yield for the trailing twelve months is around 0.01%, while RPMGX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.14% | 0.33% | 3.16% | 0.20% | 0.04% |
RPMGX T. Rowe Price Mid-Cap Growth Fund | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.21% | 0.16% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRDMX vs. RPMGX - Drawdown Comparison
The maximum PRDMX drawdown since its inception was -59.84%, roughly equal to the maximum RPMGX drawdown of -58.69%. Use the drawdown chart below to compare losses from any high point for PRDMX and RPMGX. For additional features, visit the drawdowns tool.
Volatility
PRDMX vs. RPMGX - Volatility Comparison
T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) has a higher volatility of 12.46% compared to T. Rowe Price Mid-Cap Growth Fund (RPMGX) at 9.35%. This indicates that PRDMX's price experiences larger fluctuations and is considered to be riskier than RPMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.