PRVIX vs. PREIX
PRVIX (T. Rowe Price Small-Cap Value Fund Class I) and PREIX (T. Rowe Price Equity Index 500 Fund) are both mutual funds - PRVIX is a Small Cap Value Equities fund tracking the Russell 2000 Value Index, while PREIX is a Large Cap Blend Equities fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, PRVIX returned 10.46%/yr vs 14.76%/yr for PREIX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. PRVIX charges 0.66%/yr vs 0.15%/yr for PREIX.
Performance
PRVIX vs. PREIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRVIX achieves a 20.02% return, which is significantly higher than PREIX's 9.23% return. Over the past 10 years, PRVIX has underperformed PREIX with an annualized return of 10.46%, while PREIX has yielded a comparatively higher 14.76% annualized return.
PRVIX
- 1D
- 0.38%
- 1M
- -1.64%
- 6M
- 11.97%
- YTD
- 20.02%
- 1Y
- 34.71%
- 3Y*
- 13.78%
- 5Y*
- 7.24%
- 10Y*
- 10.46%
- ALL TIME*
- 10.74%
PREIX
- 1D
- 1.66%
- 1M
- -0.57%
- 6M
- 7.69%
- YTD
- 9.23%
- 1Y
- 20.41%
- 3Y*
- 18.81%
- 5Y*
- 12.49%
- 10Y*
- 14.76%
- ALL TIME*
- 10.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRVIX vs. PREIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRVIX T. Rowe Price Small-Cap Value Fund Class I | 20.02% | 8.44% | 10.96% | 12.46% | -18.42% | 25.60% | 12.58% | 25.95% | -11.49% | 12.86% |
PREIX T. Rowe Price Equity Index 500 Fund | 9.23% | 17.66% | 24.78% | 26.07% | -18.27% | 28.48% | 18.17% | 31.47% | -4.59% | 21.01% |
Correlation
The correlation between PRVIX and PREIX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2015 | 0.79 |
The correlation between PRVIX and PREIX shifts across timeframes, from 0.69 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRVIX vs. PREIX — Risk / Return Rank
PRVIX
PREIX
PRVIX vs. PREIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Small-Cap Value Fund Class I (PRVIX) and T. Rowe Price Equity Index 500 Fund (PREIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRVIX | PREIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 2.03 | +1.63 |
| Martin ratioReturn relative to average drawdown | 13.95 | 8.70 | +5.25 |
Loading charts...
Drawdowns
PRVIX vs. PREIX - Drawdown Comparison
The maximum PRVIX drawdown since its inception was -40.95%, smaller than the maximum PREIX drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for PRVIX and PREIX.
Loading charts...
Drawdown Indicators
| PRVIX | PREIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.95% | -55.32% | +14.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -8.93% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -24.57% | -18.78% | -5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -28.00% | -24.60% | -3.40% |
Max Drawdown (10Y)Largest decline over 10 years | -40.95% | -33.81% | -7.14% |
Current DrawdownCurrent decline from peak | -2.45% | -2.13% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -8.22% | -8.69% | +0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.08% | +0.31% |
Volatility
PRVIX vs. PREIX - Volatility Comparison
T. Rowe Price Small-Cap Value Fund Class I (PRVIX) and T. Rowe Price Equity Index 500 Fund (PREIX) have volatilities of 3.27% and 3.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRVIX | PREIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 3.44% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 12.02% | 10.10% | +1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.88% | 12.86% | +4.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.76% | 17.11% | +2.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.03% | 18.11% | +2.92% |
PRVIX vs. PREIX - Expense Ratio Comparison
PRVIX has a 0.66% expense ratio, which is higher than PREIX's 0.15% expense ratio.
Dividends
PRVIX vs. PREIX - Dividend Comparison
PRVIX's dividend yield for the trailing twelve months is around 10.09%, more than PREIX's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PREIX T. Rowe Price Equity Index 500 Fund | 2.16% | 2.32% | 1.17% | 1.32% | 1.50% | 1.56% | 1.97% | 2.13% | 2.60% | 1.30% | 2.03% | 2.02% |
PRVIX T. Rowe Price Small-Cap Value Fund Class I | 10.09% | 12.11% | 9.96% | 3.40% | 5.54% | 7.15% | 2.12% | 4.72% | 9.61% | 3.79% | 3.88% | 22.61% |
Frequently Asked Questions
PRVIX and PREIX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PREIX has higher volatility (3.44%) compared to PRVIX (3.27%). In terms of maximum drawdown, PRVIX dropped -40.95% vs PREIX's -55.32%.
PRVIX currently has the higher Sharpe Ratio (1.94 vs 1.41), 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.
Find the right allocation for PRVIX and PREIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer