PRNHX vs. FSCRX
Compare and contrast key facts about T. Rowe Price New Horizons Fund (PRNHX) and Fidelity Small Cap Discovery Fund (FSCRX).
PRNHX is managed by T. Rowe Price. It was launched on Jun 3, 1960. FSCRX is managed by Fidelity. It was launched on Sep 26, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRNHX or FSCRX.
Correlation
The correlation between PRNHX and FSCRX 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
PRNHX vs. FSCRX - Performance Comparison
Key characteristics
PRNHX:
-0.11
FSCRX:
-0.60
PRNHX:
0.01
FSCRX:
-0.70
PRNHX:
1.00
FSCRX:
0.91
PRNHX:
-0.06
FSCRX:
-0.38
PRNHX:
-0.27
FSCRX:
-1.18
PRNHX:
9.42%
FSCRX:
11.81%
PRNHX:
23.58%
FSCRX:
23.44%
PRNHX:
-55.79%
FSCRX:
-61.11%
PRNHX:
-35.51%
FSCRX:
-28.45%
Returns By Period
In the year-to-date period, PRNHX achieves a -9.41% return, which is significantly lower than FSCRX's -5.68% return. Over the past 10 years, PRNHX has outperformed FSCRX with an annualized return of 9.62%, while FSCRX has yielded a comparatively lower -1.99% annualized return.
PRNHX
-9.41%
13.21%
-10.59%
-4.27%
3.63%
9.62%
FSCRX
-5.68%
8.64%
-9.69%
-15.38%
7.24%
-1.99%
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PRNHX vs. FSCRX - Expense Ratio Comparison
PRNHX has a 0.75% expense ratio, which is lower than FSCRX's 0.98% expense ratio.
Risk-Adjusted Performance
PRNHX vs. FSCRX — Risk-Adjusted Performance Rank
PRNHX
FSCRX
PRNHX vs. FSCRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Horizons Fund (PRNHX) and Fidelity Small Cap Discovery Fund (FSCRX). 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
PRNHX vs. FSCRX - Dividend Comparison
PRNHX's dividend yield for the trailing twelve months is around 5.42%, more than FSCRX's 0.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRNHX T. Rowe Price New Horizons Fund | 5.42% | 4.91% | 0.00% | 4.72% | 17.09% | 13.58% | 11.73% | 13.94% | 8.27% | 5.77% | 7.72% | 11.65% |
FSCRX Fidelity Small Cap Discovery Fund | 0.25% | 0.23% | 0.11% | 0.19% | 0.09% | 0.40% | 0.80% | 1.14% | 0.63% | 0.44% | 7.90% | 0.28% |
Drawdowns
PRNHX vs. FSCRX - Drawdown Comparison
The maximum PRNHX drawdown since its inception was -55.79%, smaller than the maximum FSCRX drawdown of -61.11%. Use the drawdown chart below to compare losses from any high point for PRNHX and FSCRX. For additional features, visit the drawdowns tool.
Volatility
PRNHX vs. FSCRX - Volatility Comparison
T. Rowe Price New Horizons Fund (PRNHX) has a higher volatility of 13.85% compared to Fidelity Small Cap Discovery Fund (FSCRX) at 11.47%. This indicates that PRNHX's price experiences larger fluctuations and is considered to be riskier than FSCRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.