TRSSX vs. VSGAX
Compare and contrast key facts about T. Rowe Price Institutional Small Cap Stock Fund (TRSSX) and Vanguard Small-Cap Growth Index Fund Admiral Shares (VSGAX).
TRSSX is managed by T. Rowe Price. It was launched on Mar 31, 2000. VSGAX is managed by Vanguard. It was launched on Sep 27, 2011.
Performance
TRSSX vs. VSGAX - Performance Comparison
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TRSSX vs. VSGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRSSX T. Rowe Price Institutional Small Cap Stock Fund | 1.64% | 8.21% | 10.93% | 17.65% | -23.36% | 16.81% | 25.07% | 33.96% | -3.07% | 15.41% |
VSGAX Vanguard Small-Cap Growth Index Fund Admiral Shares | 0.26% | 8.44% | 14.94% | 23.04% | -28.39% | 5.70% | 35.26% | 32.76% | -5.69% | 21.92% |
Returns By Period
In the year-to-date period, TRSSX achieves a 1.64% return, which is significantly higher than VSGAX's 0.26% return. Over the past 10 years, TRSSX has outperformed VSGAX with an annualized return of 11.06%, while VSGAX has yielded a comparatively lower 10.45% annualized return.
TRSSX
- 1D
- 3.81%
- 1M
- -6.98%
- YTD
- 1.64%
- 6M
- 2.99%
- 1Y
- 16.84%
- 3Y*
- 11.54%
- 5Y*
- 3.12%
- 10Y*
- 11.06%
VSGAX
- 1D
- 4.35%
- 1M
- -6.39%
- YTD
- 0.26%
- 6M
- 1.49%
- 1Y
- 20.18%
- 3Y*
- 12.43%
- 5Y*
- 2.16%
- 10Y*
- 10.45%
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TRSSX vs. VSGAX - Expense Ratio Comparison
TRSSX has a 0.66% expense ratio, which is higher than VSGAX's 0.07% expense ratio.
Return for Risk
TRSSX vs. VSGAX — Risk / Return Rank
TRSSX
VSGAX
TRSSX vs. VSGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Institutional Small Cap Stock Fund (TRSSX) and Vanguard Small-Cap Growth Index Fund Admiral Shares (VSGAX). 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.
| TRSSX | VSGAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.85 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.34 | -0.06 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.89 | 1.39 | -0.49 |
Martin ratioReturn relative to average drawdown | 3.73 | 5.55 | -1.82 |
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
| TRSSX | VSGAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.85 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 0.09 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.46 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.52 | -0.08 |
Correlation
The correlation between TRSSX and VSGAX is 0.94, 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
TRSSX vs. VSGAX - Dividend Comparison
TRSSX's dividend yield for the trailing twelve months is around 10.40%, more than VSGAX's 0.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRSSX T. Rowe Price Institutional Small Cap Stock Fund | 10.40% | 10.57% | 19.63% | 5.45% | 5.37% | 8.52% | 4.54% | 6.13% | 13.45% | 6.53% | 0.80% | 7.07% |
VSGAX Vanguard Small-Cap Growth Index Fund Admiral Shares | 0.52% | 0.54% | 0.54% | 0.67% | 0.55% | 0.36% | 0.44% | 0.57% | 0.79% | 0.81% | 1.08% | 0.98% |
Drawdowns
TRSSX vs. VSGAX - Drawdown Comparison
The maximum TRSSX drawdown since its inception was -56.38%, which is greater than VSGAX's maximum drawdown of -38.70%. Use the drawdown chart below to compare losses from any high point for TRSSX and VSGAX.
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Drawdown Indicators
| TRSSX | VSGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.38% | -38.70% | -17.68% |
Max Drawdown (1Y)Largest decline over 1 year | -13.50% | -14.50% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -32.12% | -38.36% | +6.24% |
Max Drawdown (10Y)Largest decline over 10 years | -37.85% | -38.70% | +0.85% |
Current DrawdownCurrent decline from peak | -8.05% | -7.52% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -9.05% | -8.63% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 3.62% | +0.11% |
Volatility
TRSSX vs. VSGAX - Volatility Comparison
The current volatility for T. Rowe Price Institutional Small Cap Stock Fund (TRSSX) is 8.21%, while Vanguard Small-Cap Growth Index Fund Admiral Shares (VSGAX) has a volatility of 8.86%. This indicates that TRSSX experiences smaller price fluctuations and is considered to be less risky than VSGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRSSX | VSGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 8.86% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | 15.70% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.91% | 24.52% | -2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.11% | 23.56% | -1.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.49% | 22.94% | -1.45% |