RYPNX vs. PRVIX
Compare and contrast key facts about Royce Opportunity Fund (RYPNX) and T. Rowe Price Small-Cap Value Fund Class I (PRVIX).
RYPNX is managed by Royce Investment Partners. It was launched on Nov 19, 1996. PRVIX is a passively managed fund by T. Rowe Price that tracks the performance of the Russell 2000 Value Index. It was launched on Aug 28, 2015.
Performance
RYPNX vs. PRVIX - Performance Comparison
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RYPNX vs. PRVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYPNX Royce Opportunity Fund | 3.47% | 11.95% | 10.20% | 19.72% | -17.19% | 30.34% | 26.52% | 28.24% | -20.10% | 21.69% |
PRVIX T. Rowe Price Small-Cap Value Fund Class I | 1.00% | 21.38% | 10.96% | 12.46% | -18.42% | 25.60% | 12.58% | 25.95% | -11.49% | 12.86% |
Returns By Period
In the year-to-date period, RYPNX achieves a 3.47% return, which is significantly higher than PRVIX's 1.00% return. Over the past 10 years, RYPNX has outperformed PRVIX with an annualized return of 12.72%, while PRVIX has yielded a comparatively lower 10.74% annualized return.
RYPNX
- 1D
- -1.74%
- 1M
- -7.96%
- YTD
- 3.47%
- 6M
- 5.36%
- 1Y
- 32.91%
- 3Y*
- 12.98%
- 5Y*
- 5.69%
- 10Y*
- 12.72%
PRVIX
- 1D
- -0.92%
- 1M
- -6.73%
- YTD
- 1.00%
- 6M
- 15.65%
- 1Y
- 29.88%
- 3Y*
- 15.16%
- 5Y*
- 6.86%
- 10Y*
- 10.74%
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RYPNX vs. PRVIX - Expense Ratio Comparison
RYPNX has a 1.21% expense ratio, which is higher than PRVIX's 0.66% expense ratio.
Return for Risk
RYPNX vs. PRVIX — Risk / Return Rank
RYPNX
PRVIX
RYPNX vs. PRVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Opportunity Fund (RYPNX) and T. Rowe Price Small-Cap Value Fund Class I (PRVIX). 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.
| RYPNX | PRVIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 1.30 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.75 | 2.08 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.28 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.93 | -0.17 |
Martin ratioReturn relative to average drawdown | 6.74 | 8.07 | -1.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RYPNX | PRVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 1.30 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.34 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.51 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.50 | 0.00 |
Correlation
The correlation between RYPNX and PRVIX is 0.93, 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.
Dividends
RYPNX vs. PRVIX - Dividend Comparison
RYPNX's dividend yield for the trailing twelve months is around 9.31%, less than PRVIX's 22.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYPNX Royce Opportunity Fund | 9.31% | 9.63% | 7.95% | 4.52% | 5.12% | 22.51% | 0.00% | 1.57% | 10.21% | 14.91% | 6.89% | 10.04% |
PRVIX T. Rowe Price Small-Cap Value Fund Class I | 22.88% | 23.11% | 9.96% | 3.40% | 5.54% | 7.15% | 2.12% | 4.72% | 9.61% | 3.79% | 3.88% | 22.61% |
Drawdowns
RYPNX vs. PRVIX - Drawdown Comparison
The maximum RYPNX drawdown since its inception was -69.31%, which is greater than PRVIX's maximum drawdown of -40.95%. Use the drawdown chart below to compare losses from any high point for RYPNX and PRVIX.
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Drawdown Indicators
| RYPNX | PRVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.31% | -40.95% | -28.36% |
Max Drawdown (1Y)Largest decline over 1 year | -16.05% | -14.06% | -1.99% |
Max Drawdown (5Y)Largest decline over 5 years | -30.77% | -28.00% | -2.77% |
Max Drawdown (10Y)Largest decline over 10 years | -50.61% | -40.95% | -9.66% |
Current DrawdownCurrent decline from peak | -9.29% | -8.14% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -10.73% | -8.44% | -2.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 3.65% | +0.54% |
Volatility
RYPNX vs. PRVIX - Volatility Comparison
Royce Opportunity Fund (RYPNX) has a higher volatility of 7.51% compared to T. Rowe Price Small-Cap Value Fund Class I (PRVIX) at 6.11%. This indicates that RYPNX's price experiences larger fluctuations and is considered to be riskier than PRVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYPNX | PRVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.51% | 6.11% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 16.25% | 15.98% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.08% | 23.85% | +3.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.25% | 20.43% | +3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.28% | 21.29% | +3.99% |