TRSSX vs. SPY
Compare and contrast key facts about T. Rowe Price Institutional Small Cap Stock Fund (TRSSX) and SPDR S&P 500 ETF (SPY).
TRSSX is managed by T. Rowe Price. It was launched on Mar 31, 2000. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRSSX or SPY.
Correlation
The correlation between TRSSX and SPY 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
TRSSX vs. SPY - Performance Comparison
Key characteristics
TRSSX:
-0.41
SPY:
0.54
TRSSX:
-0.34
SPY:
0.89
TRSSX:
0.94
SPY:
1.13
TRSSX:
-0.26
SPY:
0.58
TRSSX:
-0.81
SPY:
2.39
TRSSX:
14.33%
SPY:
4.51%
TRSSX:
28.45%
SPY:
20.07%
TRSSX:
-65.07%
SPY:
-55.19%
TRSSX:
-38.85%
SPY:
-10.54%
Returns By Period
In the year-to-date period, TRSSX achieves a -7.48% return, which is significantly lower than SPY's -6.44% return. Over the past 10 years, TRSSX has underperformed SPY with an annualized return of 1.11%, while SPY has yielded a comparatively higher 11.95% annualized return.
TRSSX
-7.48%
-5.11%
-20.65%
-13.05%
2.63%
1.11%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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TRSSX vs. SPY - Expense Ratio Comparison
TRSSX has a 0.66% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TRSSX vs. SPY — Risk-Adjusted Performance Rank
TRSSX
SPY
TRSSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Institutional Small Cap Stock Fund (TRSSX) and SPDR S&P 500 ETF (SPY). 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
TRSSX vs. SPY - Dividend Comparison
TRSSX's dividend yield for the trailing twelve months is around 0.78%, less than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRSSX T. Rowe Price Institutional Small Cap Stock Fund | 0.78% | 0.72% | 0.44% | 0.23% | 0.06% | 0.16% | 0.16% | 0.25% | 0.34% | 0.27% | 0.43% | 0.34% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TRSSX vs. SPY - Drawdown Comparison
The maximum TRSSX drawdown since its inception was -65.07%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TRSSX and SPY. For additional features, visit the drawdowns tool.
Volatility
TRSSX vs. SPY - Volatility Comparison
The current volatility for T. Rowe Price Institutional Small Cap Stock Fund (TRSSX) is 13.77%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that TRSSX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.