PRDSX vs. RWK
Compare and contrast key facts about T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and Invesco S&P MidCap 400 Revenue ETF (RWK).
PRDSX is managed by T. Rowe Price. It was launched on Jun 30, 1997. RWK is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Revenue-Weighted Index. It was launched on Feb 22, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDSX or RWK.
Correlation
The correlation between PRDSX and RWK 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. RWK - Performance Comparison
Key characteristics
PRDSX:
0.38
RWK:
0.72
PRDSX:
0.63
RWK:
1.11
PRDSX:
1.08
RWK:
1.14
PRDSX:
0.25
RWK:
1.40
PRDSX:
1.98
RWK:
3.70
PRDSX:
3.61%
RWK:
3.24%
PRDSX:
18.74%
RWK:
16.78%
PRDSX:
-61.68%
RWK:
-56.49%
PRDSX:
-21.63%
RWK:
-8.11%
Returns By Period
In the year-to-date period, PRDSX achieves a 6.07% return, which is significantly lower than RWK's 11.63% return. Over the past 10 years, PRDSX has underperformed RWK with an annualized return of 5.35%, while RWK has yielded a comparatively higher 10.28% annualized return.
PRDSX
6.07%
-13.62%
-1.09%
6.00%
1.75%
5.35%
RWK
11.63%
-6.56%
4.79%
11.54%
13.58%
10.28%
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PRDSX vs. RWK - Expense Ratio Comparison
PRDSX has a 0.78% expense ratio, which is higher than RWK's 0.39% expense ratio.
Risk-Adjusted Performance
PRDSX vs. RWK - 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 Invesco S&P MidCap 400 Revenue ETF (RWK). 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. RWK - Dividend Comparison
PRDSX has not paid dividends to shareholders, while RWK's dividend yield for the trailing twelve months is around 1.12%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco S&P MidCap 400 Revenue ETF | 1.12% | 1.05% | 1.18% | 0.85% | 0.96% | 1.09% | 1.22% | 0.74% | 1.30% | 0.92% | 1.03% | 1.29% |
Drawdowns
PRDSX vs. RWK - Drawdown Comparison
The maximum PRDSX drawdown since its inception was -61.68%, which is greater than RWK's maximum drawdown of -56.49%. Use the drawdown chart below to compare losses from any high point for PRDSX and RWK. For additional features, visit the drawdowns tool.
Volatility
PRDSX vs. RWK - Volatility Comparison
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) has a higher volatility of 8.19% compared to Invesco S&P MidCap 400 Revenue ETF (RWK) at 4.86%. This indicates that PRDSX's price experiences larger fluctuations and is considered to be riskier than RWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.