PRFDX vs. PG
PRFDX (T. Rowe Price Equity Income Fund) is Large Cap Value Equities fund managed by T. Rowe Price, while PG (The Procter & Gamble Company) is a stock. Over the past 10 years, PRFDX returned 11.90%/yr vs 8.96%/yr for PG. At a 0.45 correlation, their price movements are largely independent.
Performance
PRFDX vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, PRFDX achieves a 12.54% return, which is significantly higher than PG's 5.93% return. Over the past 10 years, PRFDX has outperformed PG with an annualized return of 11.90%, while PG has yielded a comparatively lower 8.96% annualized return.
PRFDX
- 1D
- 1.76%
- 1M
- 1.74%
- YTD
- 12.54%
- 6M
- 12.89%
- 1Y
- 22.61%
- 3Y*
- 16.25%
- 5Y*
- 9.69%
- 10Y*
- 11.90%
PG
- 1D
- 0.86%
- 1M
- 5.18%
- YTD
- 5.93%
- 6M
- 6.28%
- 1Y
- -5.68%
- 3Y*
- 3.69%
- 5Y*
- 4.73%
- 10Y*
- 8.96%
PRFDX vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRFDX T. Rowe Price Equity Income Fund | 12.54% | 14.60% | 11.85% | 9.75% | -3.25% | 25.60% | 1.28% | 33.66% | -9.29% | 15.46% |
PG The Procter & Gamble Company | 5.93% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between PRFDX and PG is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1986 | 0.45 |
The correlation between PRFDX and PG shifts across timeframes, from 0.26 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PRFDX vs. PG — Risk / Return Rank
PRFDX
PG
PRFDX vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Equity Income Fund (PRFDX) and The Procter & Gamble Company (PG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRFDX | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.41 | ||
| Sortino ratioReturn per unit of downside risk | +3.35 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.97 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | -0.37 | +3.51 |
| Martin ratioReturn relative to average drawdown | 11.66 | -0.68 | +12.34 |
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Drawdowns
PRFDX vs. PG - Drawdown Comparison
The maximum PRFDX drawdown since its inception was -58.12%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for PRFDX and PG.
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Drawdown Indicators
| PRFDX | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.12% | -54.25% | -3.87% |
Max Drawdown (1Y)Largest decline over 1 year | -7.34% | -15.52% | +8.18% |
Max Drawdown (3Y)Largest decline over 3 years | -14.35% | -21.15% | +6.80% |
Max Drawdown (5Y)Largest decline over 5 years | -18.08% | -23.77% | +5.69% |
Max Drawdown (10Y)Largest decline over 10 years | -39.71% | -23.77% | -15.94% |
Current DrawdownCurrent decline from peak | -0.23% | -13.29% | +13.06% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -12.16% | +5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 8.80% | -6.83% |
Volatility
PRFDX vs. PG - Volatility Comparison
The current volatility for T. Rowe Price Equity Income Fund (PRFDX) is 3.56%, while The Procter & Gamble Company (PG) has a volatility of 6.99%. This indicates that PRFDX experiences smaller price fluctuations and is considered to be less risky than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRFDX | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.56% | 6.99% | -3.43% |
Volatility (6M)Calculated over the trailing 6-month period | 8.40% | 15.01% | -6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 18.78% | -7.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.98% | 17.82% | -2.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.87% | 19.05% | -1.18% |
Dividends
PRFDX vs. PG - Dividend Comparison
PRFDX's dividend yield for the trailing twelve months is around 2.42%, less than PG's 2.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 2.85% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
PRFDX T. Rowe Price Equity Income Fund | 2.42% | 2.76% | 8.91% | 6.19% | 6.61% | 8.78% | 3.55% | 12.53% | 11.43% | 8.97% | 7.75% | 7.48% |
Frequently Asked Questions
PRFDX and PG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PG has higher volatility (6.99%) compared to PRFDX (3.56%). In terms of maximum drawdown, PRFDX dropped -58.12% vs PG's -54.25%.
PRFDX currently has the higher Sharpe Ratio (2.11 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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