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.
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
Key characteristics
PRDSX:
0.55
SLYG:
0.79
PRDSX:
0.84
SLYG:
1.23
PRDSX:
1.11
SLYG:
1.15
PRDSX:
0.37
SLYG:
1.13
PRDSX:
1.95
SLYG:
3.69
PRDSX:
5.22%
SLYG:
4.09%
PRDSX:
18.69%
SLYG:
19.19%
PRDSX:
-61.68%
SLYG:
-63.19%
PRDSX:
-19.67%
SLYG:
-7.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with PRDSX having a 3.30% return and SLYG slightly lower at 3.20%. Over the past 10 years, PRDSX has underperformed SLYG with an annualized return of 5.79%, while SLYG has yielded a comparatively higher 9.98% annualized return.
PRDSX
3.30%
2.35%
-3.60%
9.66%
2.15%
5.79%
SLYG
3.20%
2.28%
0.63%
14.47%
8.64%
9.98%
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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 Rank
PRDSX
SLYG
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 0.21%, less than SLYG's 1.18% 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 | 0.21% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SLYG SPDR S&P 600 Small Cap Growth ETF | 1.18% | 1.22% | 1.18% | 1.18% | 0.68% | 0.71% | 1.08% | 1.06% | 4.74% | 1.13% | 5.75% | 4.42% |
Drawdowns
PRDSX vs. SLYG - Drawdown Comparison
The maximum PRDSX drawdown since its inception was -61.68%, roughly equal to 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
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and SPDR S&P 600 Small Cap Growth ETF (SLYG) have volatilities of 4.51% and 4.60%, 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.