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 managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDSX or FXAIX.
Key characteristics
| PRDSX | FXAIX | |
|---|---|---|
| YTD Return | 13.76% | 19.32% |
| 1Y Return | 24.79% | 28.37% |
| 3Y Return (Ann) | 2.70% | 10.05% |
| 5Y Return (Ann) | 9.41% | 15.28% |
| 10Y Return (Ann) | 10.15% | 12.99% |
| Sharpe Ratio | 1.37 | 2.24 |
| Daily Std Dev | 17.94% | 12.70% |
| Max Drawdown | -58.95% | -33.79% |
| Current Drawdown | -1.58% | -0.33% |
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.
Performance
PRDSX vs. FXAIX - Performance Comparison
In the year-to-date period, PRDSX achieves a 13.76% return, which is significantly lower than FXAIX's 19.32% return. Over the past 10 years, PRDSX has underperformed FXAIX with an annualized return of 10.15%, while FXAIX has yielded a comparatively higher 12.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRDSX vs. FXAIX - Expense Ratio Comparison
PRDSX has a 0.78% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
PRDSX vs. FXAIX - Risk-Adjusted Performance 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.
Dividends
PRDSX vs. FXAIX - Dividend Comparison
PRDSX's dividend yield for the trailing twelve months is around 2.13%, more than FXAIX's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRDSX T. Rowe Price QM U.S. Small-Cap Growth Equity Fund | 2.13% | 2.43% | 3.72% | 13.97% | 2.91% | 4.12% | 4.53% | 0.10% | 0.02% | 1.83% | 3.79% | 0.60% |
FXAIX Fidelity 500 Index Fund | 1.24% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
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. For additional features, visit the drawdowns tool.
Volatility
PRDSX vs. FXAIX - Volatility Comparison
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) has a higher volatility of 5.70% compared to Fidelity 500 Index Fund (FXAIX) at 4.09%. 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.