PRSIX vs. IVV
Compare and contrast key facts about T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) and iShares Core S&P 500 ETF (IVV).
PRSIX is managed by T. Rowe Price. It was launched on Jul 28, 1994. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRSIX or IVV.
Correlation
The correlation between PRSIX and IVV is 0.91, 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
PRSIX vs. IVV - Performance Comparison
Key characteristics
PRSIX:
0.86
IVV:
0.50
PRSIX:
1.22
IVV:
0.82
PRSIX:
1.17
IVV:
1.12
PRSIX:
0.55
IVV:
0.51
PRSIX:
4.20
IVV:
2.14
PRSIX:
1.51%
IVV:
4.46%
PRSIX:
7.33%
IVV:
19.28%
PRSIX:
-32.91%
IVV:
-55.25%
PRSIX:
-6.32%
IVV:
-12.39%
Returns By Period
In the year-to-date period, PRSIX achieves a -0.51% return, which is significantly higher than IVV's -8.35% return. Over the past 10 years, PRSIX has underperformed IVV with an annualized return of 2.65%, while IVV has yielded a comparatively higher 11.73% annualized return.
PRSIX
-0.51%
-2.45%
-0.94%
5.28%
3.63%
2.65%
IVV
-8.35%
-6.74%
-6.78%
7.28%
15.41%
11.73%
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PRSIX vs. IVV - Expense Ratio Comparison
PRSIX has a 0.36% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
PRSIX vs. IVV — Risk-Adjusted Performance Rank
PRSIX
IVV
PRSIX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) and iShares Core S&P 500 ETF (IVV). 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
PRSIX vs. IVV - Dividend Comparison
PRSIX's dividend yield for the trailing twelve months is around 3.69%, more than IVV's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRSIX T. Rowe Price Spectrum Conservative Allocation Fund | 3.69% | 3.71% | 3.77% | 2.19% | 1.31% | 1.35% | 2.30% | 2.28% | 1.69% | 2.00% | 2.14% | 2.04% |
IVV iShares Core S&P 500 ETF | 1.44% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
PRSIX vs. IVV - Drawdown Comparison
The maximum PRSIX drawdown since its inception was -32.91%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PRSIX and IVV. For additional features, visit the drawdowns tool.
Volatility
PRSIX vs. IVV - Volatility Comparison
The current volatility for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) is 4.95%, while iShares Core S&P 500 ETF (IVV) has a volatility of 14.05%. This indicates that PRSIX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.