PRDSX vs. FXAIX
Compare and contrast key facts about T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and Fidelity 500 Index Fund (FXAIX).
PRDSX is managed by T. Rowe Price. It was launched on Jun 30, 1997. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
PRDSX vs. FXAIX - Performance Comparison
Loading graphics...
PRDSX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRDSX T. Rowe Price QM U.S. Small-Cap Growth Equity Fund | -4.64% | 17.44% | 12.97% | 21.15% | -22.49% | 11.15% | 23.85% | 32.75% | -6.91% | 22.12% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, PRDSX achieves a -4.64% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, PRDSX has underperformed FXAIX with an annualized return of 10.82%, while FXAIX has yielded a comparatively higher 13.75% annualized return.
PRDSX
- 1D
- -2.18%
- 1M
- -10.24%
- YTD
- -4.64%
- 6M
- 3.04%
- 1Y
- 21.87%
- 3Y*
- 12.67%
- 5Y*
- 4.85%
- 10Y*
- 10.82%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRDSX vs. FXAIX - Expense Ratio Comparison
PRDSX has a 0.78% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
PRDSX vs. FXAIX — Risk / Return Rank
PRDSX
FXAIX
PRDSX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and Fidelity 500 Index Fund (FXAIX). 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.
| PRDSX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.84 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.48 | 1.30 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.05 | +0.38 |
Martin ratioReturn relative to average drawdown | 5.56 | 5.13 | +0.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PRDSX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.84 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.68 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.77 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.75 | -0.39 |
Correlation
The correlation between PRDSX and FXAIX is 0.87, 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.
Dividends
PRDSX vs. FXAIX - Dividend Comparison
PRDSX's dividend yield for the trailing twelve months is around 13.31%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRDSX T. Rowe Price QM U.S. Small-Cap Growth Equity Fund | 13.31% | 12.70% | 7.96% | 2.43% | 3.72% | 13.97% | 2.91% | 4.12% | 4.53% | 0.10% | 0.02% | 1.83% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
PRDSX vs. FXAIX - Drawdown Comparison
The maximum PRDSX drawdown since its inception was -58.95%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for PRDSX and FXAIX.
Loading graphics...
Drawdown Indicators
| PRDSX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.95% | -33.79% | -25.16% |
Max Drawdown (1Y)Largest decline over 1 year | -13.24% | -12.13% | -1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -33.17% | -24.50% | -8.67% |
Max Drawdown (10Y)Largest decline over 10 years | -37.61% | -33.79% | -3.82% |
Current DrawdownCurrent decline from peak | -12.08% | -8.89% | -3.19% |
Average DrawdownAverage peak-to-trough decline | -14.23% | -3.83% | -10.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 2.50% | +0.92% |
Volatility
PRDSX vs. FXAIX - Volatility Comparison
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) has a higher volatility of 7.45% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that PRDSX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRDSX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 4.24% | +3.21% |
Volatility (6M)Calculated over the trailing 6-month period | 15.20% | 9.08% | +6.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.29% | 18.13% | +5.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.36% | 16.88% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.46% | 18.03% | +3.43% |