PRFDX vs. SPY
Compare and contrast key facts about T. Rowe Price Equity Income Fund (PRFDX) and SPDR S&P 500 ETF (SPY).
PRFDX is managed by T. Rowe Price. It was launched on Oct 31, 1985. 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: PRFDX or SPY.
Correlation
The correlation between PRFDX and SPY is 0.87, 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
PRFDX vs. SPY - Performance Comparison
Key characteristics
PRFDX:
0.83
SPY:
2.14
PRFDX:
1.10
SPY:
2.84
PRFDX:
1.17
SPY:
1.40
PRFDX:
0.78
SPY:
3.25
PRFDX:
2.62
SPY:
13.58
PRFDX:
3.95%
SPY:
2.01%
PRFDX:
12.54%
SPY:
12.77%
PRFDX:
-60.96%
SPY:
-55.19%
PRFDX:
-8.70%
SPY:
0.00%
Returns By Period
In the year-to-date period, PRFDX achieves a 4.01% return, which is significantly higher than SPY's 3.47% return. Over the past 10 years, PRFDX has underperformed SPY with an annualized return of 3.31%, while SPY has yielded a comparatively higher 13.45% annualized return.
PRFDX
4.01%
3.71%
-0.36%
9.77%
4.68%
3.31%
SPY
3.47%
1.98%
12.77%
26.68%
14.81%
13.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRFDX vs. SPY - Expense Ratio Comparison
PRFDX has a 0.63% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PRFDX vs. SPY — Risk-Adjusted Performance Rank
PRFDX
SPY
PRFDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Equity Income Fund (PRFDX) 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
PRFDX vs. SPY - Dividend Comparison
PRFDX's dividend yield for the trailing twelve months is around 2.04%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRFDX T. Rowe Price Equity Income Fund | 2.04% | 2.12% | 2.09% | 2.13% | 1.75% | 2.18% | 2.37% | 2.67% | 2.01% | 2.32% | 2.28% | 2.01% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PRFDX vs. SPY - Drawdown Comparison
The maximum PRFDX drawdown since its inception was -60.96%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PRFDX and SPY. For additional features, visit the drawdowns tool.
Volatility
PRFDX vs. SPY - Volatility Comparison
The current volatility for T. Rowe Price Equity Income Fund (PRFDX) is 3.21%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.10%. This indicates that PRFDX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.