PRDSX vs. SLYG
Compare and contrast key facts about T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and SPDR S&P 600 Small Cap Growth ETF (SLYG).
PRDSX is managed by T. Rowe Price. It was launched on Jun 30, 1997. SLYG is a passively managed fund by State Street that tracks the performance of the S&P SmallCap 600 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDSX or SLYG.
Key characteristics
PRDSX | SLYG | |
---|---|---|
YTD Return | 13.76% | 10.09% |
1Y Return | 24.79% | 23.08% |
3Y Return (Ann) | 2.70% | 2.26% |
5Y Return (Ann) | 9.41% | 9.49% |
10Y Return (Ann) | 10.15% | 10.14% |
Sharpe Ratio | 1.37 | 1.17 |
Daily Std Dev | 17.94% | 19.33% |
Max Drawdown | -58.95% | -63.19% |
Current Drawdown | -1.58% | -3.14% |
Correlation
The correlation between PRDSX and SLYG is 0.92, 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. SLYG - Performance Comparison
In the year-to-date period, PRDSX achieves a 13.76% return, which is significantly higher than SLYG's 10.09% return. Both investments have delivered pretty close results over the past 10 years, with PRDSX having a 10.15% annualized return and SLYG not far behind at 10.14%. 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. SLYG - Expense Ratio Comparison
PRDSX has a 0.78% expense ratio, which is higher than SLYG's 0.15% expense ratio.
Risk-Adjusted Performance
PRDSX vs. SLYG - 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 SPDR S&P 600 Small Cap Growth ETF (SLYG). 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. SLYG - Dividend Comparison
PRDSX's dividend yield for the trailing twelve months is around 2.13%, more than SLYG's 0.78% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPDR S&P 600 Small Cap Growth ETF | 0.78% | 1.18% | 1.18% | 0.68% | 0.71% | 1.08% | 1.06% | 4.74% | 1.13% | 5.75% | 4.42% | 0.61% |
Drawdowns
PRDSX vs. SLYG - Drawdown Comparison
The maximum PRDSX drawdown since its inception was -58.95%, smaller than the maximum SLYG drawdown of -63.19%. Use the drawdown chart below to compare losses from any high point for PRDSX and SLYG. For additional features, visit the drawdowns tool.
Volatility
PRDSX vs. SLYG - Volatility Comparison
The current volatility for T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) is 5.70%, while SPDR S&P 600 Small Cap Growth ETF (SLYG) has a volatility of 6.08%. This indicates that PRDSX experiences smaller price fluctuations and is considered to be less risky than SLYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.