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:
0.55
SPY:
1.95
PRDSX:
0.84
SPY:
2.60
PRDSX:
1.11
SPY:
1.36
PRDSX:
0.37
SPY:
2.98
PRDSX:
1.95
SPY:
12.44
PRDSX:
5.22%
SPY:
2.02%
PRDSX:
18.69%
SPY:
12.89%
PRDSX:
-61.68%
SPY:
-55.19%
PRDSX:
-19.67%
SPY:
-1.70%
Returns By Period
In the year-to-date period, PRDSX achieves a 3.30% return, which is significantly higher than SPY's 2.27% return. Over the past 10 years, PRDSX has underperformed SPY with an annualized return of 5.79%, while SPY has yielded a comparatively higher 13.64% annualized return.
PRDSX
3.30%
2.35%
-3.60%
9.66%
2.15%
5.79%
SPY
2.27%
0.73%
10.73%
24.55%
14.69%
13.64%
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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 Rank
PRDSX
SPY
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's dividend yield for the trailing twelve months is around 0.21%, less than SPY'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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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 4.51% compared to SPDR S&P 500 ETF (SPY) at 4.26%. 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.