PRSVX vs. GMSMX

Last updated Jun 3, 2026

PRSVX (T. Rowe Price Small-Cap Value Fund) and GMSMX (GuideMark Small/Mid Cap Core Fund) are both Small Cap Blend Equities funds. Over the past 10 years, PRSVX returned 10.50%/yr vs 11.41%/yr for GMSMX. Their correlation of 0.95 suggests significant overlap in exposure. PRSVX charges 0.78%/yr vs 1.17%/yr for GMSMX.

Performance

PRSVX vs. GMSMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Small-Cap Value Fund (PRSVX) and GuideMark Small/Mid Cap Core Fund (GMSMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRSVX achieves a 15.84% return, which is significantly higher than GMSMX's 14.37% return. Over the past 10 years, PRSVX has underperformed GMSMX with an annualized return of 10.50%, while GMSMX has yielded a comparatively higher 11.41% annualized return.

PRSVX

• 1D: -0.39%
• 1M: 1.78%
• YTD: 15.84%
• 6M: 16.65%
• 1Y: 32.87%
• 3Y*: 15.82%
• 5Y*: 6.16%
• 10Y*: 10.50%

GMSMX

• 1D: -0.22%
• 1M: 2.29%
• YTD: 14.37%
• 6M: 15.96%
• 1Y: 29.50%
• 3Y*: 16.51%
• 5Y*: 6.59%
• 10Y*: 11.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRSVX vs. GMSMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRSVX T. Rowe Price Small-Cap Value Fund	15.84%	8.31%	10.84%	12.34%	-18.53%	25.47%	12.49%	25.82%	-11.58%	12.84%
GMSMX GuideMark Small/Mid Cap Core Fund	14.37%	8.76%	11.29%	17.73%	-18.23%	24.45%	21.98%	23.25%	-9.38%	14.46%

Correlation

The correlation between PRSVX and GMSMX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 3, 2002	0.95

The correlation between PRSVX and GMSMX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

PRSVX vs. GMSMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRSVX

PRSVX Risk / Return Rank: 56
PRSVX Sharpe Ratio Rank: 47
PRSVX Sortino Ratio Rank: 48
PRSVX Omega Ratio Rank: 44
PRSVX Calmar Ratio Rank: 74
PRSVX Martin Ratio Rank: 65

GMSMX

GMSMX Risk / Return Rank: 44
GMSMX Sharpe Ratio Rank: 35
GMSMX Sortino Ratio Rank: 36
GMSMX Omega Ratio Rank: 33
GMSMX Calmar Ratio Rank: 65
GMSMX Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRSVX vs. GMSMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Small-Cap Value Fund (PRSVX) and GuideMark Small/Mid Cap Core Fund (GMSMX). 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.

	PRSVX	GMSMX	Difference
Sharpe ratio Return per unit of total volatility	2.04	1.73	+0.31
Sortino ratio Return per unit of downside risk	2.94	2.52	+0.42
Omega ratio Gain probability vs. loss probability	1.36	1.30	+0.06
Calmar ratio Return relative to maximum drawdown	3.38	3.13	+0.25
Martin ratio Return relative to average drawdown	12.75	10.24	+2.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRSVX vs. GMSMX - Sharpe Ratio Comparison

The current PRSVX Sharpe Ratio is 2.04, which is comparable to the GMSMX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of PRSVX and GMSMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRSVX	GMSMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.73	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.32	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.53	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.30	+0.34

Drawdowns

PRSVX vs. GMSMX - Drawdown Comparison

The maximum PRSVX drawdown since its inception was -55.37%, smaller than the maximum GMSMX drawdown of -70.55%. Use the drawdown chart below to compare losses from any high point for PRSVX and GMSMX.

Drawdown Indicators

	PRSVX	GMSMX	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-70.55%	+15.18%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	-9.22%	+0.29%
Max Drawdown (3Y) Largest decline over 3 years	-24.60%	-24.90%	+0.30%
Max Drawdown (5Y) Largest decline over 5 years	-28.17%	-28.90%	+0.73%
Max Drawdown (10Y) Largest decline over 10 years	-40.97%	-41.31%	+0.34%
Current Drawdown Current decline from peak	-0.85%	-0.52%	-0.33%
Average Drawdown Average peak-to-trough decline	-7.49%	-14.84%	+7.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	2.82%	-0.45%

Volatility

PRSVX vs. GMSMX - Volatility Comparison

The current volatility for T. Rowe Price Small-Cap Value Fund (PRSVX) is 4.35%, while GuideMark Small/Mid Cap Core Fund (GMSMX) has a volatility of 4.79%. This indicates that PRSVX experiences smaller price fluctuations and is considered to be less risky than GMSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRSVX	GMSMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	4.79%	-0.44%
Volatility (6M) Calculated over the trailing 6-month period	12.27%	12.25%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	16.70%	17.08%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.79%	20.84%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	21.74%	-0.71%

PRSVX vs. GMSMX - Expense Ratio Comparison

PRSVX has a 0.78% expense ratio, which is lower than GMSMX's 1.17% expense ratio.

Dividends

PRSVX vs. GMSMX - Dividend Comparison

PRSVX's dividend yield for the trailing twelve months is around 10.21%, more than GMSMX's 6.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMSMX GuideMark Small/Mid Cap Core Fund	6.04%	6.91%	9.08%	0.67%	2.29%	11.71%	2.06%	1.43%	6.72%	34.90%	0.28%	2.83%
PRSVX T. Rowe Price Small-Cap Value Fund	10.21%	11.83%	9.77%	3.27%	5.28%	6.98%	2.03%	4.59%	9.46%	3.79%	3.77%	22.55%

Frequently Asked Questions

Can I hold both PRSVX and GMSMX in my portfolio?

With a correlation of 0.91, PRSVX and GMSMX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PRSVX or GMSMX?

GMSMX has higher volatility (4.79%) compared to PRSVX (4.35%). In terms of maximum drawdown, PRSVX dropped -55.37% vs GMSMX's -70.55%.

Which has better risk-adjusted returns?

PRSVX currently has the higher Sharpe Ratio (2.04 vs 1.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.