PREIX vs. POMIX
Compare and contrast key facts about T. Rowe Price Equity Index 500 Fund (PREIX) and T. Rowe Price Total Equity Market Index Fund (POMIX).
PREIX is managed by T. Rowe Price. It was launched on Mar 30, 1990. POMIX is managed by T. Rowe Price. It was launched on Jan 30, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PREIX or POMIX.
Performance
PREIX vs. POMIX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with PREIX having a 25.36% return and POMIX slightly lower at 24.50%. Both investments have delivered pretty close results over the past 10 years, with PREIX having a 12.95% annualized return and POMIX not far behind at 12.38%.
PREIX
25.36%
1.17%
12.13%
31.97%
15.39%
12.95%
POMIX
24.50%
1.73%
12.22%
32.46%
14.63%
12.38%
Key characteristics
| PREIX | POMIX | |
|---|---|---|
| Sharpe Ratio | 2.59 | 2.48 |
| Sortino Ratio | 3.47 | 3.36 |
| Omega Ratio | 1.48 | 1.46 |
| Calmar Ratio | 3.75 | 3.74 |
| Martin Ratio | 16.83 | 16.14 |
| Ulcer Index | 1.88% | 1.99% |
| Daily Std Dev | 12.23% | 12.94% |
| Max Drawdown | -55.32% | -55.54% |
| Current Drawdown | -1.35% | -1.49% |
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PREIX vs. POMIX - Expense Ratio Comparison
PREIX has a 0.15% expense ratio, which is lower than POMIX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between PREIX and POMIX is 0.99, 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.
Risk-Adjusted Performance
PREIX vs. POMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Equity Index 500 Fund (PREIX) and T. Rowe Price Total Equity Market Index Fund (POMIX). 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
PREIX vs. POMIX - Dividend Comparison
PREIX's dividend yield for the trailing twelve months is around 1.10%, more than POMIX's 0.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PREIX T. Rowe Price Equity Index 500 Fund | 1.10% | 1.33% | 1.50% | 1.15% | 1.56% | 1.78% | 1.95% | 1.65% | 1.83% | 2.02% | 1.69% | 1.63% |
POMIX T. Rowe Price Total Equity Market Index Fund | 0.97% | 1.20% | 1.46% | 1.02% | 1.17% | 1.52% | 1.77% | 1.43% | 1.62% | 1.78% | 1.41% | 1.27% |
Drawdowns
PREIX vs. POMIX - Drawdown Comparison
The maximum PREIX drawdown since its inception was -55.32%, roughly equal to the maximum POMIX drawdown of -55.54%. Use the drawdown chart below to compare losses from any high point for PREIX and POMIX. For additional features, visit the drawdowns tool.
Volatility
PREIX vs. POMIX - Volatility Comparison
T. Rowe Price Equity Index 500 Fund (PREIX) and T. Rowe Price Total Equity Market Index Fund (POMIX) have volatilities of 4.06% and 4.23%, 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.