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 0.88, 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:
1.02
SPY:
2.17
PRFDX:
1.47
SPY:
2.88
PRFDX:
1.18
SPY:
1.41
PRFDX:
1.00
SPY:
3.19
PRFDX:
5.89
SPY:
14.10
PRFDX:
1.82%
SPY:
1.90%
PRFDX:
10.50%
SPY:
12.39%
PRFDX:
-61.32%
SPY:
-55.19%
PRFDX:
-7.66%
SPY:
-3.19%
Returns By Period
In the year-to-date period, PRFDX achieves a 10.40% return, which is significantly lower than SPY's 24.97% return. Over the past 10 years, PRFDX has underperformed SPY with an annualized return of 3.21%, while SPY has yielded a comparatively higher 12.92% annualized return.
PRFDX
10.40%
-5.42%
1.96%
12.43%
4.80%
3.21%
SPY
24.97%
-0.32%
8.25%
26.85%
14.57%
12.92%
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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 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 9.03%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRFDX T. Rowe Price Equity Income Fund | 9.03% | 2.09% | 2.13% | 1.75% | 2.18% | 2.37% | 2.67% | 2.01% | 2.32% | 2.28% | 2.01% | 1.64% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
PRFDX vs. SPY - Drawdown Comparison
The maximum PRFDX drawdown since its inception was -61.32%, 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 2.95%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.64%. 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.