PRDSX vs. SPY
Compare and contrast key facts about T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) and SPDR S&P 500 ETF (SPY).
PRDSX is managed by T. Rowe Price. It was launched on Jun 30, 1997. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDSX or SPY.
Correlation
The correlation between PRDSX and SPY is 0.84, 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. SPY - Performance Comparison
Key characteristics
PRDSX:
0.37
SPY:
2.21
PRDSX:
0.61
SPY:
2.93
PRDSX:
1.08
SPY:
1.41
PRDSX:
0.24
SPY:
3.26
PRDSX:
1.84
SPY:
14.40
PRDSX:
3.72%
SPY:
1.90%
PRDSX:
18.72%
SPY:
12.44%
PRDSX:
-61.68%
SPY:
-55.19%
PRDSX:
-20.99%
SPY:
-1.83%
Returns By Period
In the year-to-date period, PRDSX achieves a 6.93% return, which is significantly lower than SPY's 26.72% return. Over the past 10 years, PRDSX has underperformed SPY with an annualized return of 5.43%, while SPY has yielded a comparatively higher 13.04% annualized return.
PRDSX
6.93%
-12.93%
-0.09%
6.85%
1.91%
5.43%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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PRDSX vs. SPY - Expense Ratio Comparison
PRDSX has a 0.78% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PRDSX vs. SPY - 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 500 ETF (SPY). 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. SPY - Dividend Comparison
PRDSX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
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% |
SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PRDSX vs. SPY - Drawdown Comparison
The maximum PRDSX drawdown since its inception was -61.68%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PRDSX and SPY. For additional features, visit the drawdowns tool.
Volatility
PRDSX vs. SPY - Volatility Comparison
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund (PRDSX) has a higher volatility of 8.01% compared to SPDR S&P 500 ETF (SPY) at 3.81%. This indicates that PRDSX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.