PRGFX vs. RSP
Compare and contrast key facts about T. Rowe Price Growth Stock Fund (PRGFX) and Invesco S&P 500® Equal Weight ETF (RSP).
PRGFX is managed by T. Rowe Price. It was launched on Apr 11, 1950. RSP is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index. It was launched on Apr 30, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRGFX or RSP.
Correlation
The correlation between PRGFX and RSP is 0.84, 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
PRGFX vs. RSP - Performance Comparison
Key characteristics
PRGFX:
1.10
RSP:
1.48
PRGFX:
1.49
RSP:
2.07
PRGFX:
1.21
RSP:
1.26
PRGFX:
0.70
RSP:
2.32
PRGFX:
4.72
RSP:
6.46
PRGFX:
4.40%
RSP:
2.63%
PRGFX:
18.90%
RSP:
11.54%
PRGFX:
-57.19%
RSP:
-59.92%
PRGFX:
-14.02%
RSP:
-2.97%
Returns By Period
The year-to-date returns for both stocks are quite close, with PRGFX having a 3.59% return and RSP slightly lower at 3.53%. Over the past 10 years, PRGFX has underperformed RSP with an annualized return of 7.82%, while RSP has yielded a comparatively higher 10.74% annualized return.
PRGFX
3.59%
1.64%
9.51%
19.32%
7.44%
7.82%
RSP
3.53%
2.67%
7.01%
16.28%
11.36%
10.74%
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PRGFX vs. RSP - Expense Ratio Comparison
PRGFX has a 0.63% expense ratio, which is higher than RSP's 0.20% expense ratio.
Risk-Adjusted Performance
PRGFX vs. RSP — Risk-Adjusted Performance Rank
PRGFX
RSP
PRGFX vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Growth Stock Fund (PRGFX) and Invesco S&P 500® Equal Weight ETF (RSP). 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
PRGFX vs. RSP - Dividend Comparison
PRGFX has not paid dividends to shareholders, while RSP's dividend yield for the trailing twelve months is around 1.47%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRGFX T. Rowe Price Growth Stock Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.19% | 0.26% | 0.08% | 0.00% | 0.00% |
RSP Invesco S&P 500® Equal Weight ETF | 1.47% | 1.52% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% |
Drawdowns
PRGFX vs. RSP - Drawdown Comparison
The maximum PRGFX drawdown since its inception was -57.19%, roughly equal to the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for PRGFX and RSP. For additional features, visit the drawdowns tool.
Volatility
PRGFX vs. RSP - Volatility Comparison
T. Rowe Price Growth Stock Fund (PRGFX) has a higher volatility of 6.26% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 3.17%. This indicates that PRGFX's price experiences larger fluctuations and is considered to be riskier than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.