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.
Key characteristics
| PRGFX | RSP | |
|---|---|---|
| YTD Return | 30.17% | 17.83% |
| 1Y Return | 31.23% | 29.10% |
| 3Y Return (Ann) | -3.03% | 6.15% |
| 5Y Return (Ann) | 9.57% | 12.29% |
| 10Y Return (Ann) | 7.05% | 10.71% |
| Sharpe Ratio | 2.01 | 2.80 |
| Sortino Ratio | 2.66 | 3.93 |
| Omega Ratio | 1.37 | 1.51 |
| Calmar Ratio | 0.99 | 3.61 |
| Martin Ratio | 9.86 | 16.60 |
| Ulcer Index | 3.39% | 1.98% |
| Daily Std Dev | 16.60% | 11.69% |
| Max Drawdown | -57.19% | -59.92% |
| Current Drawdown | -11.29% | -0.71% |
Correlation
The correlation between PRGFX and RSP is 0.85, 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
In the year-to-date period, PRGFX achieves a 30.17% return, which is significantly higher than RSP's 17.83% return. Over the past 10 years, PRGFX has underperformed RSP with an annualized return of 7.05%, while RSP has yielded a comparatively higher 10.71% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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 1.44%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRGFX T. Rowe Price Growth Stock Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.19% | 0.26% | 0.08% | 0.00% | 0.00% | 0.04% |
RSP Invesco S&P 500® Equal Weight ETF | 1.44% | 1.63% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.46% | 1.27% |
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 4.70% compared to Invesco S&P 500® Equal Weight ETF (RSP) at 3.44%. 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.