PRDSX vs. NEAGX

Last updated Apr 2, 2026

Compare and contrast key facts about T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and Needham Aggressive Growth Fund (NEAGX).

PRDSX is managed by T. Rowe Price. It was launched on Jun 30, 1997. NEAGX is managed by Needham. It was launched on Sep 4, 2001.

Performance

PRDSX vs. NEAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and Needham Aggressive Growth Fund (NEAGX). The values are adjusted to include any dividend payments, if applicable.

PRDSX vs. NEAGX - 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	-0.54%	17.44%	12.97%	21.15%	-22.49%	11.15%	23.85%	32.75%	-6.91%	22.12%
NEAGX Needham Aggressive Growth Fund	11.92%	26.40%	14.31%	37.65%	-27.53%	37.56%	51.53%	43.82%	-16.09%	8.75%

Returns By Period

In the year-to-date period, PRDSX achieves a -0.54% return, which is significantly lower than NEAGX's 11.92% return. Over the past 10 years, PRDSX has underperformed NEAGX with an annualized return of 11.28%, while NEAGX has yielded a comparatively higher 18.04% annualized return.

PRDSX

• 1D: 4.30%
• 1M: -7.15%
• YTD: -0.54%
• 6M: 7.63%
• 1Y: 26.69%
• 3Y*: 14.27%
• 5Y*: 5.39%
• 10Y*: 11.28%

NEAGX

• 1D: 4.33%
• 1M: -7.75%
• YTD: 11.92%
• 6M: 14.19%
• 1Y: 60.51%
• 3Y*: 26.85%
• 5Y*: 15.03%
• 10Y*: 18.04%

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

PRDSX vs. NEAGX - Expense Ratio Comparison

PRDSX has a 0.78% expense ratio, which is lower than NEAGX's 1.86% expense ratio.

NEAGX

Needham Aggressive Growth Fund

PRDSX

T. Rowe Price QM U.S. Small-Cap Growth Equity Fund

Return for Risk

PRDSX vs. NEAGX — Risk / Return Rank

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

PRDSX

PRDSX Risk / Return Rank: 69
PRDSX Sharpe Ratio Rank: 62
PRDSX Sortino Ratio Rank: 69
PRDSX Omega Ratio Rank: 57
PRDSX Calmar Ratio Rank: 81
PRDSX Martin Ratio Rank: 77

NEAGX

NEAGX Risk / Return Rank: 93
NEAGX Sharpe Ratio Rank: 94
NEAGX Sortino Ratio Rank: 91
NEAGX Omega Ratio Rank: 87
NEAGX Calmar Ratio Rank: 97
NEAGX Martin Ratio Rank: 96

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.

PRDSX vs. NEAGX - 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 Needham Aggressive Growth Fund (NEAGX). 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	NEAGX	Difference
Sharpe ratio Return per unit of total volatility	1.15	2.14	-0.99
Sortino ratio Return per unit of downside risk	1.79	2.71	-0.93
Omega ratio Gain probability vs. loss probability	1.23	1.38	-0.14
Calmar ratio Return relative to maximum drawdown	2.02	4.27	-2.25
Martin ratio Return relative to average drawdown	7.71	15.19	-7.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRDSX vs. NEAGX - Sharpe Ratio Comparison

The current PRDSX Sharpe Ratio is 1.15, which is lower than the NEAGX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of PRDSX and NEAGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PRDSX	NEAGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	2.14	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.62	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.76	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.59	-0.23

Correlation

The correlation between PRDSX and NEAGX 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. NEAGX - Dividend Comparison

PRDSX's dividend yield for the trailing twelve months is around 12.76%, more than NEAGX's 1.91% 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	12.76%	12.70%	7.96%	2.43%	3.72%	13.97%	2.91%	4.12%	4.53%	0.10%	0.02%	1.83%
NEAGX Needham Aggressive Growth Fund	1.91%	2.14%	0.00%	0.00%	0.00%	7.10%	3.91%	10.64%	16.57%	5.17%	6.72%	11.88%

Drawdowns

PRDSX vs. NEAGX - Drawdown Comparison

The maximum PRDSX drawdown since its inception was -58.95%, which is greater than NEAGX's maximum drawdown of -41.80%. Use the drawdown chart below to compare losses from any high point for PRDSX and NEAGX.

Drawdown Indicators

	PRDSX	NEAGX	Difference
Max Drawdown Largest peak-to-trough decline	-58.95%	-41.80%	-17.15%
Max Drawdown (1Y) Largest decline over 1 year	-13.24%	-14.01%	+0.77%
Max Drawdown (5Y) Largest decline over 5 years	-33.17%	-36.31%	+3.14%
Max Drawdown (10Y) Largest decline over 10 years	-37.61%	-36.31%	-1.30%
Current Drawdown Current decline from peak	-8.30%	-7.75%	-0.55%
Average Drawdown Average peak-to-trough decline	-14.23%	-8.72%	-5.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	3.93%	-0.47%

Volatility

PRDSX vs. NEAGX - Volatility Comparison

The current volatility for T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) is 8.74%, while Needham Aggressive Growth Fund (NEAGX) has a volatility of 11.64%. This indicates that PRDSX experiences smaller price fluctuations and is considered to be less risky than NEAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRDSX	NEAGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.74%	11.64%	-2.90%
Volatility (6M) Calculated over the trailing 6-month period	15.77%	19.84%	-4.07%
Volatility (1Y) Calculated over the trailing 1-year period	23.62%	28.93%	-5.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.44%	24.33%	-2.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.50%	23.90%	-2.40%