TMSL vs. VXF
Compare and contrast key facts about T. Rowe Price Small-Mid Cap ETF (TMSL) and Vanguard Extended Market ETF (VXF).
TMSL and VXF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TMSL is an actively managed fund by T. Rowe Price. It was launched on Jun 14, 2023. VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMSL or VXF.
Key characteristics
| TMSL | VXF | |
|---|---|---|
| YTD Return | 23.62% | 23.58% |
| 1Y Return | 42.57% | 46.04% |
| Sharpe Ratio | 2.82 | 2.60 |
| Sortino Ratio | 3.78 | 3.53 |
| Omega Ratio | 1.49 | 1.45 |
| Calmar Ratio | 5.13 | 1.68 |
| Martin Ratio | 15.84 | 15.22 |
| Ulcer Index | 2.80% | 3.14% |
| Daily Std Dev | 15.71% | 18.35% |
| Max Drawdown | -13.22% | -58.04% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TMSL and VXF is 0.96, 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
TMSL vs. VXF - Performance Comparison
The year-to-date returns for both stocks are quite close, with TMSL having a 23.62% return and VXF slightly lower at 23.58%. 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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TMSL vs. VXF - Expense Ratio Comparison
TMSL has a 0.55% expense ratio, which is higher than VXF's 0.06% expense ratio.
Risk-Adjusted Performance
TMSL vs. VXF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Small-Mid Cap ETF (TMSL) and Vanguard Extended Market ETF (VXF). 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
TMSL vs. VXF - Dividend Comparison
TMSL's dividend yield for the trailing twelve months is around 0.27%, less than VXF's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMSL T. Rowe Price Small-Mid Cap ETF | 0.27% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VXF Vanguard Extended Market ETF | 1.08% | 1.27% | 1.15% | 1.13% | 1.07% | 1.30% | 1.66% | 1.25% | 1.43% | 1.35% | 1.32% | 1.14% |
Drawdowns
TMSL vs. VXF - Drawdown Comparison
The maximum TMSL drawdown since its inception was -13.22%, smaller than the maximum VXF drawdown of -58.04%. Use the drawdown chart below to compare losses from any high point for TMSL and VXF. For additional features, visit the drawdowns tool.
Volatility
TMSL vs. VXF - Volatility Comparison
The current volatility for T. Rowe Price Small-Mid Cap ETF (TMSL) is 4.95%, while Vanguard Extended Market ETF (VXF) has a volatility of 5.76%. This indicates that TMSL experiences smaller price fluctuations and is considered to be less risky than VXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.