RPMGX vs. ^GSPC
Compare and contrast key facts about T. Rowe Price Mid-Cap Growth Fund (RPMGX) and S&P 500 (^GSPC).
RPMGX is managed by T. Rowe Price. It was launched on Jun 30, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPMGX or ^GSPC.
Performance
RPMGX vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, RPMGX achieves a 9.47% return, which is significantly lower than ^GSPC's 23.62% return. Over the past 10 years, RPMGX has underperformed ^GSPC with an annualized return of 3.09%, while ^GSPC has yielded a comparatively higher 11.16% annualized return.
RPMGX
9.47%
-1.03%
2.83%
14.13%
2.57%
3.09%
^GSPC
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Key characteristics
| RPMGX | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 0.97 | 2.51 |
| Sortino Ratio | 1.35 | 3.37 |
| Omega Ratio | 1.17 | 1.47 |
| Calmar Ratio | 0.46 | 3.63 |
| Martin Ratio | 4.52 | 16.15 |
| Ulcer Index | 2.96% | 1.91% |
| Daily Std Dev | 13.75% | 12.27% |
| Max Drawdown | -58.69% | -56.78% |
| Current Drawdown | -18.72% | -1.75% |
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Correlation
The correlation between RPMGX and ^GSPC is 0.86, 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
RPMGX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Mid-Cap Growth Fund (RPMGX) and S&P 500 (^GSPC). 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.
Drawdowns
RPMGX vs. ^GSPC - Drawdown Comparison
The maximum RPMGX drawdown since its inception was -58.69%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RPMGX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RPMGX vs. ^GSPC - Volatility Comparison
T. Rowe Price Mid-Cap Growth Fund (RPMGX) and S&P 500 (^GSPC) have volatilities of 4.17% and 4.07%, 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.