RGI vs. PRDGX
Compare and contrast key facts about Invesco S&P 500® Equal Weight Industrials ETF (RGI) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX).
RGI is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index Industrials. It was launched on Nov 1, 2006. PRDGX is managed by T. Rowe Price. It was launched on Dec 30, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGI or PRDGX.
Key characteristics
| RGI | PRDGX | |
|---|---|---|
| YTD Return | 25.53% | 17.34% |
| 1Y Return | 37.21% | 24.32% |
| 3Y Return (Ann) | 11.57% | 7.39% |
| 5Y Return (Ann) | 16.11% | 12.26% |
| 10Y Return (Ann) | 12.47% | 11.98% |
| Sharpe Ratio | 2.69 | 2.57 |
| Sortino Ratio | 3.77 | 3.57 |
| Omega Ratio | 1.47 | 1.47 |
| Calmar Ratio | 0.74 | 4.84 |
| Martin Ratio | 15.96 | 17.31 |
| Ulcer Index | 2.34% | 1.41% |
| Daily Std Dev | 13.89% | 9.52% |
| Max Drawdown | -82.66% | -49.79% |
| Current Drawdown | -32.02% | -0.83% |
Correlation
The correlation between RGI and PRDGX is 0.81, 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
RGI vs. PRDGX - Performance Comparison
In the year-to-date period, RGI achieves a 25.53% return, which is significantly higher than PRDGX's 17.34% return. Both investments have delivered pretty close results over the past 10 years, with RGI having a 12.47% annualized return and PRDGX not far behind at 11.98%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RGI vs. PRDGX - Expense Ratio Comparison
RGI has a 0.40% expense ratio, which is lower than PRDGX's 0.62% expense ratio.
Risk-Adjusted Performance
RGI vs. PRDGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Industrials ETF (RGI) 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.
Dividends
RGI vs. PRDGX - Dividend Comparison
RGI's dividend yield for the trailing twelve months is around 0.87%, less than PRDGX's 0.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGI Invesco S&P 500® Equal Weight Industrials ETF | 0.87% | 1.06% | 1.09% | 0.70% | 0.96% | 1.33% | 0.30% | 0.00% | 0.00% | 0.00% | 1.28% | 0.90% |
PRDGX T. Rowe Price Dividend Growth Fund, Inc. | 0.99% | 1.16% | 1.14% | 0.78% | 1.03% | 1.24% | 1.76% | 1.22% | 1.53% | 1.78% | 1.30% | 1.22% |
Drawdowns
RGI vs. PRDGX - Drawdown Comparison
The maximum RGI drawdown since its inception was -82.66%, which is greater than PRDGX's maximum drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for RGI and PRDGX. For additional features, visit the drawdowns tool.
Volatility
RGI vs. PRDGX - Volatility Comparison
Invesco S&P 500® Equal Weight Industrials ETF (RGI) has a higher volatility of 5.18% compared to T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) at 2.97%. This indicates that RGI's price experiences larger fluctuations and is considered to be riskier than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.