PRDMX vs. TRMCX

Last updated Jun 23, 2026

PRDMX (T. Rowe Price Diversified Mid Cap Growth Fund) and TRMCX (T. Rowe Price Mid-Cap Value Fund) are both mutual funds - PRDMX is a Mid Cap Growth Equities fund managed by T. Rowe Price, while TRMCX is a Mid Cap Value Equities fund managed by T. Rowe Price. Over the past 10 years, PRDMX returned 13.12%/yr vs 11.75%/yr for TRMCX. Their correlation of 0.85 suggests significant overlap in exposure. PRDMX charges 0.79%/yr vs 0.77%/yr for TRMCX.

Performance

PRDMX vs. TRMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) and T. Rowe Price Mid-Cap Value Fund (TRMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRDMX achieves a 5.07% return, which is significantly lower than TRMCX's 17.90% return. Over the past 10 years, PRDMX has outperformed TRMCX with an annualized return of 13.12%, while TRMCX has yielded a comparatively lower 11.75% annualized return.

PRDMX

• 1D: 1.40%
• 1M: 2.81%
• YTD: 5.07%
• 6M: 2.44%
• 1Y: 8.39%
• 3Y*: 15.38%
• 5Y*: 7.02%
• 10Y*: 13.12%

TRMCX

• 1D: 1.61%
• 1M: 2.99%
• YTD: 17.90%
• 6M: 16.49%
• 1Y: 30.44%
• 3Y*: 17.21%
• 5Y*: 11.96%
• 10Y*: 11.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRDMX vs. TRMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund	5.07%	10.30%	23.77%	20.75%	-24.65%	13.56%	31.82%	37.91%	-3.15%	24.66%
TRMCX T. Rowe Price Mid-Cap Value Fund	17.90%	6.16%	16.21%	18.99%	-4.16%	24.51%	9.84%	19.59%	-10.66%	11.59%

Correlation

The correlation between PRDMX and TRMCX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jan 2, 2004	0.85

The correlation between PRDMX and TRMCX shifts across timeframes, from 0.72 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PRDMX vs. TRMCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRDMX

PRDMX Risk / Return Rank: 6
PRDMX Sharpe Ratio Rank: 6
PRDMX Sortino Ratio Rank: 6
PRDMX Omega Ratio Rank: 6
PRDMX Calmar Ratio Rank: 7
PRDMX Martin Ratio Rank: 7

TRMCX

TRMCX Risk / Return Rank: 65
TRMCX Sharpe Ratio Rank: 61
TRMCX Sortino Ratio Rank: 67
TRMCX Omega Ratio Rank: 54
TRMCX Calmar Ratio Rank: 76
TRMCX Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRDMX vs. TRMCX - 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 T. Rowe Price Mid-Cap Value Fund (TRMCX). 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	TRMCX	Difference
Sharpe ratio: Return per unit of total volatility	0.47	2.12	-1.65
Sortino ratio: Return per unit of downside risk	0.78	3.09	-2.31
Omega ratio: Gain probability vs. loss probability	1.09	1.37	-0.28
Calmar ratio: Return relative to maximum drawdown	0.57	3.28	-2.71
Martin ratio: Return relative to average drawdown	1.80	12.42	-10.62

PRDMX vs. TRMCX - Sharpe Ratio Comparison

The current PRDMX Sharpe Ratio is 0.47, which is lower than the TRMCX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of PRDMX and TRMCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRDMX vs. TRMCX - Drawdown Comparison

The maximum PRDMX drawdown since its inception was -57.57%, roughly equal to the maximum TRMCX drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for PRDMX and TRMCX.

Drawdown Indicators

	PRDMX	TRMCX	Difference
Max Drawdown Largest peak-to-trough decline	-57.57%	-55.28%	-2.29%
Max Drawdown (1Y) Largest decline over 1 year	-14.15%	-9.41%	-4.74%
Max Drawdown (3Y) Largest decline over 3 years	-25.06%	-29.60%	+4.54%
Max Drawdown (5Y) Largest decline over 5 years	-35.69%	-29.60%	-6.09%
Max Drawdown (10Y) Largest decline over 10 years	-35.91%	-39.41%	+3.50%
Current Drawdown Current decline from peak	-0.47%	0.00%	-0.47%
Average Drawdown Average peak-to-trough decline	-8.42%	-6.63%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.52%	2.48%	+2.04%

Volatility

PRDMX vs. TRMCX - Volatility Comparison

T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) has a higher volatility of 6.10% compared to T. Rowe Price Mid-Cap Value Fund (TRMCX) at 4.90%. This indicates that PRDMX's price experiences larger fluctuations and is considered to be riskier than TRMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRDMX	TRMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	4.90%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	13.79%	11.04%	+2.75%
Volatility (1Y) Calculated over the trailing 1-year period	17.41%	14.57%	+2.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.90%	19.32%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.42%	19.67%	+1.75%

PRDMX vs. TRMCX - Expense Ratio Comparison

PRDMX has a 0.79% expense ratio, which is higher than TRMCX's 0.77% expense ratio.

Dividends

PRDMX vs. TRMCX - Dividend Comparison

PRDMX's dividend yield for the trailing twelve months is around 7.37%, more than TRMCX's 4.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRDMX T. Rowe Price Diversified Mid Cap Growth Fund	7.37%	7.75%	8.59%	6.83%	1.22%	10.13%	4.80%	2.02%	5.23%	3.71%	1.23%	3.78%
TRMCX T. Rowe Price Mid-Cap Value Fund	4.60%	5.43%	14.20%	7.65%	13.92%	9.22%	3.79%	4.25%	12.13%	6.58%	6.74%	11.39%

Frequently Asked Questions

Can I hold both PRDMX and TRMCX in my portfolio?

PRDMX and TRMCX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRDMX or TRMCX?

PRDMX has higher volatility (6.10%) compared to TRMCX (4.90%). In terms of maximum drawdown, PRDMX dropped -57.57% vs TRMCX's -55.28%.

Which has better risk-adjusted returns?

TRMCX currently has the higher Sharpe Ratio (2.12 vs 0.47), 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.