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PRSIX vs. PRDGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PRSIX vs. PRDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.92%
8.71%
PRSIX
PRDGX

Returns By Period

In the year-to-date period, PRSIX achieves a 9.74% return, which is significantly lower than PRDGX's 18.45% return. Over the past 10 years, PRSIX has underperformed PRDGX with an annualized return of 5.35%, while PRDGX has yielded a comparatively higher 11.91% annualized return.


PRSIX

YTD

9.74%

1M

0.90%

6M

4.92%

1Y

14.31%

5Y (annualized)

5.32%

10Y (annualized)

5.35%

PRDGX

YTD

18.45%

1M

1.75%

6M

8.71%

1Y

23.66%

5Y (annualized)

12.48%

10Y (annualized)

11.91%

Key characteristics


PRSIXPRDGX
Sharpe Ratio2.612.46
Sortino Ratio3.863.43
Omega Ratio1.511.45
Calmar Ratio1.744.68
Martin Ratio17.5916.56
Ulcer Index0.81%1.43%
Daily Std Dev5.49%9.63%
Max Drawdown-29.56%-49.79%
Current Drawdown-0.44%0.00%

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PRSIX vs. PRDGX - Expense Ratio Comparison

PRSIX has a 0.36% expense ratio, which is lower than PRDGX's 0.62% expense ratio.


PRDGX
T. Rowe Price Dividend Growth Fund, Inc.
Expense ratio chart for PRDGX: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%
Expense ratio chart for PRSIX: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Correlation

-0.50.00.51.00.9

The correlation between PRSIX and PRDGX is 0.90, 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.

Risk-Adjusted Performance

PRSIX vs. PRDGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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.


Sharpe ratio
The chart of Sharpe ratio for PRSIX, currently valued at 2.61, compared to the broader market-1.000.001.002.003.004.005.002.612.46
The chart of Sortino ratio for PRSIX, currently valued at 3.86, compared to the broader market0.005.0010.003.863.43
The chart of Omega ratio for PRSIX, currently valued at 1.51, compared to the broader market1.002.003.004.001.511.45
The chart of Calmar ratio for PRSIX, currently valued at 1.74, compared to the broader market0.005.0010.0015.0020.001.744.68
The chart of Martin ratio for PRSIX, currently valued at 17.59, compared to the broader market0.0020.0040.0060.0080.00100.0017.5916.56
PRSIX
PRDGX

The current PRSIX Sharpe Ratio is 2.61, which is comparable to the PRDGX Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of PRSIX and PRDGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.61
2.46
PRSIX
PRDGX

Dividends

PRSIX vs. PRDGX - Dividend Comparison

PRSIX's dividend yield for the trailing twelve months is around 3.62%, more than PRDGX's 0.98% yield.


TTM20232022202120202019201820172016201520142013
PRSIX
T. Rowe Price Spectrum Conservative Allocation Fund
3.62%3.77%2.19%1.31%1.35%2.30%2.28%1.69%2.00%2.14%2.04%1.85%
PRDGX
T. Rowe Price Dividend Growth Fund, Inc.
0.98%1.16%1.14%0.78%1.03%1.24%1.76%1.22%1.53%1.78%1.30%1.22%

Drawdowns

PRSIX vs. PRDGX - Drawdown Comparison

The maximum PRSIX drawdown since its inception was -29.56%, smaller than the maximum PRDGX drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for PRSIX and PRDGX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.44%
0
PRSIX
PRDGX

Volatility

PRSIX vs. PRDGX - Volatility Comparison

The current volatility for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) is 1.44%, while T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) has a volatility of 3.21%. This indicates that PRSIX experiences smaller price fluctuations and is considered to be less risky than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
1.44%
3.21%
PRSIX
PRDGX