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.
Performance
PRDSX vs. RWK - Performance Comparison
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PRDSX vs. RWK - 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% |
RWK Invesco S&P MidCap 400 Revenue ETF | 1.75% | 10.27% | 11.94% | 23.76% | -8.19% | 34.31% | 11.06% | 28.20% | -14.65% | 13.39% |
Returns By Period
In the year-to-date period, PRDSX achieves a -4.64% return, which is significantly lower than RWK's 1.75% return. Over the past 10 years, PRDSX has underperformed RWK with an annualized return of 10.82%, while RWK has yielded a comparatively higher 11.65% 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%
RWK
- 1D
- 2.65%
- 1M
- -4.67%
- YTD
- 1.75%
- 6M
- 3.23%
- 1Y
- 20.47%
- 3Y*
- 13.66%
- 5Y*
- 9.50%
- 10Y*
- 11.65%
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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.
Return for Risk
PRDSX vs. RWK — Risk / Return Rank
PRDSX
RWK
PRDSX vs. RWK - 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 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.
| PRDSX | RWK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.94 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.48 | 1.48 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.46 | -0.02 |
Martin ratioReturn relative to average drawdown | 5.56 | 5.14 | +0.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PRDSX | RWK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.94 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.45 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.51 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.45 | -0.10 |
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.
Dividends
PRDSX vs. RWK - Dividend Comparison
PRDSX's dividend yield for the trailing twelve months is around 13.31%, more than RWK's 1.25% 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% |
RWK Invesco S&P MidCap 400 Revenue ETF | 1.25% | 1.25% | 1.11% | 1.05% | 1.18% | 0.85% | 0.96% | 1.09% | 1.22% | 0.99% | 1.30% | 0.92% |
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.
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Drawdown Indicators
| PRDSX | RWK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.95% | -56.49% | -2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -13.24% | -14.17% | +0.93% |
Max Drawdown (5Y)Largest decline over 5 years | -33.17% | -24.58% | -8.59% |
Max Drawdown (10Y)Largest decline over 10 years | -37.61% | -46.20% | +8.59% |
Current DrawdownCurrent decline from peak | -12.08% | -7.69% | -4.39% |
Average DrawdownAverage peak-to-trough decline | -14.23% | -7.60% | -6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 4.01% | -0.59% |
Volatility
PRDSX vs. RWK - Volatility Comparison
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) has a higher volatility of 7.45% compared to Invesco S&P MidCap 400 Revenue ETF (RWK) at 5.93%. 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.
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Volatility by Period
| PRDSX | RWK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 5.93% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 15.20% | 12.12% | +3.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.29% | 21.97% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.36% | 21.14% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.46% | 22.93% | -1.47% |