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 0.88, 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:
-0.14
RWK:
-0.21
PRDSX:
-0.04
RWK:
-0.16
PRDSX:
0.99
RWK:
0.98
PRDSX:
-0.12
RWK:
-0.19
PRDSX:
-0.42
RWK:
-0.69
PRDSX:
7.47%
RWK:
6.78%
PRDSX:
22.50%
RWK:
22.04%
PRDSX:
-58.95%
RWK:
-56.49%
PRDSX:
-20.09%
RWK:
-19.22%
Returns By Period
The year-to-date returns for both stocks are quite close, with PRDSX having a -12.12% return and RWK slightly lower at -12.33%. Over the past 10 years, PRDSX has underperformed RWK with an annualized return of 7.29%, while RWK has yielded a comparatively higher 8.43% annualized return.
PRDSX
-12.12%
-6.84%
-15.50%
-1.32%
9.11%
7.29%
RWK
-12.33%
-8.38%
-14.36%
-3.44%
19.17%
8.43%
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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 Rank
PRDSX
RWK
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's dividend yield for the trailing twelve months is around 9.05%, more than RWK's 1.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRDSX T. Rowe Price QM U.S. Small-Cap Growth Equity Fund | 9.05% | 7.96% | 2.43% | 3.72% | 13.97% | 2.91% | 4.12% | 4.53% | 0.10% | 0.02% | 1.83% | 3.79% |
RWK Invesco S&P MidCap 400 Revenue ETF | 1.33% | 1.11% | 1.05% | 1.18% | 0.85% | 0.96% | 1.09% | 1.22% | 0.74% | 1.30% | 0.92% | 1.03% |
Drawdowns
PRDSX vs. RWK - Drawdown Comparison
The maximum PRDSX drawdown since its inception was -58.95%, roughly equal to the maximum RWK 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) and Invesco S&P MidCap 400 Revenue ETF (RWK) have volatilities of 14.15% and 14.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.