SMEAX vs. PRWAX
Compare and contrast key facts about Invesco Small Cap Equity Fund Class A (SMEAX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
SMEAX is managed by Invesco. It was launched on Aug 31, 2000. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMEAX or PRWAX.
Correlation
The correlation between SMEAX and PRWAX is 0.87, 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
SMEAX vs. PRWAX - Performance Comparison
Key characteristics
SMEAX:
-0.00
PRWAX:
0.19
SMEAX:
0.17
PRWAX:
0.39
SMEAX:
1.02
PRWAX:
1.06
SMEAX:
-0.00
PRWAX:
0.15
SMEAX:
-0.01
PRWAX:
0.45
SMEAX:
11.28%
PRWAX:
8.70%
SMEAX:
25.50%
PRWAX:
20.66%
SMEAX:
-61.53%
PRWAX:
-70.45%
SMEAX:
-26.39%
PRWAX:
-15.77%
Returns By Period
In the year-to-date period, SMEAX achieves a -5.13% return, which is significantly lower than PRWAX's -2.26% return. Over the past 10 years, SMEAX has underperformed PRWAX with an annualized return of -1.27%, while PRWAX has yielded a comparatively higher 4.86% annualized return.
SMEAX
-5.13%
11.86%
-11.49%
-2.12%
6.61%
-1.27%
PRWAX
-2.26%
12.32%
-8.86%
0.10%
5.52%
4.86%
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SMEAX vs. PRWAX - Expense Ratio Comparison
SMEAX has a 1.22% expense ratio, which is higher than PRWAX's 0.76% expense ratio.
Risk-Adjusted Performance
SMEAX vs. PRWAX — Risk-Adjusted Performance Rank
SMEAX
PRWAX
SMEAX vs. PRWAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Small Cap Equity Fund Class A (SMEAX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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
SMEAX vs. PRWAX - Dividend Comparison
SMEAX's dividend yield for the trailing twelve months is around 8.53%, more than PRWAX's 0.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMEAX Invesco Small Cap Equity Fund Class A | 8.53% | 8.09% | 0.40% | 2.95% | 19.02% | 6.03% | 11.18% | 18.53% | 5.38% | 5.38% | 0.00% | 14.05% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 0.07% | 0.07% | 0.20% | 0.00% | 0.00% | 0.03% | 0.40% | 0.23% | 0.17% | 0.05% | 0.00% | 0.00% |
Drawdowns
SMEAX vs. PRWAX - Drawdown Comparison
The maximum SMEAX drawdown since its inception was -61.53%, smaller than the maximum PRWAX drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for SMEAX and PRWAX. For additional features, visit the drawdowns tool.
Volatility
SMEAX vs. PRWAX - Volatility Comparison
Invesco Small Cap Equity Fund Class A (SMEAX) has a higher volatility of 11.40% compared to T. Rowe Price All-Cap Opportunities Fund (PRWAX) at 10.44%. This indicates that SMEAX's price experiences larger fluctuations and is considered to be riskier than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.