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PREIX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PREIX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Equity Index 500 Fund (PREIX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.95%
13.05%
PREIX
VOO

Returns By Period

The year-to-date returns for both investments are quite close, with PREIX having a 25.36% return and VOO slightly higher at 25.52%. Both investments have delivered pretty close results over the past 10 years, with PREIX having a 12.95% annualized return and VOO not far ahead at 13.15%.


PREIX

YTD

25.36%

1M

1.17%

6M

12.13%

1Y

31.97%

5Y (annualized)

15.39%

10Y (annualized)

12.95%

VOO

YTD

25.52%

1M

1.19%

6M

12.21%

1Y

32.23%

5Y (annualized)

15.58%

10Y (annualized)

13.15%

Key characteristics


PREIXVOO
Sharpe Ratio2.592.62
Sortino Ratio3.473.50
Omega Ratio1.481.49
Calmar Ratio3.753.78
Martin Ratio16.8317.12
Ulcer Index1.88%1.86%
Daily Std Dev12.23%12.19%
Max Drawdown-55.32%-33.99%
Current Drawdown-1.35%-1.36%

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PREIX vs. VOO - Expense Ratio Comparison

PREIX has a 0.15% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


PREIX
T. Rowe Price Equity Index 500 Fund
Expense ratio chart for PREIX: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.01.0

The correlation between PREIX and VOO 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. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Equity Index 500 Fund (PREIX) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for PREIX, currently valued at 2.59, compared to the broader market-1.000.001.002.003.004.005.002.592.62
The chart of Sortino ratio for PREIX, currently valued at 3.47, compared to the broader market0.005.0010.003.473.50
The chart of Omega ratio for PREIX, currently valued at 1.48, compared to the broader market1.002.003.004.001.481.49
The chart of Calmar ratio for PREIX, currently valued at 3.75, compared to the broader market0.005.0010.0015.0020.0025.003.753.78
The chart of Martin ratio for PREIX, currently valued at 16.83, compared to the broader market0.0020.0040.0060.0080.00100.0016.8317.12
PREIX
VOO

The current PREIX Sharpe Ratio is 2.59, which is comparable to the VOO Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of PREIX and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.59
2.62
PREIX
VOO

Dividends

PREIX vs. VOO - Dividend Comparison

PREIX's dividend yield for the trailing twelve months is around 1.10%, less than VOO's 1.25% yield.


TTM20232022202120202019201820172016201520142013
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%
VOO
Vanguard S&P 500 ETF
1.25%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

PREIX vs. VOO - Drawdown Comparison

The maximum PREIX drawdown since its inception was -55.32%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PREIX and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.35%
-1.36%
PREIX
VOO

Volatility

PREIX vs. VOO - Volatility Comparison

T. Rowe Price Equity Index 500 Fund (PREIX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.06% and 4.10%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.06%
4.10%
PREIX
VOO