TRVLX vs. SPY
Compare and contrast key facts about T. Rowe Price Value Fund (TRVLX) and SPDR S&P 500 ETF (SPY).
TRVLX is managed by T. Rowe Price. 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: TRVLX or SPY.
Correlation
The correlation between TRVLX and SPY is 0.89, 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
TRVLX vs. SPY - Performance Comparison
Key characteristics
TRVLX:
0.65
SPY:
2.21
TRVLX:
0.86
SPY:
2.93
TRVLX:
1.15
SPY:
1.41
TRVLX:
0.57
SPY:
3.26
TRVLX:
3.15
SPY:
14.43
TRVLX:
2.72%
SPY:
1.90%
TRVLX:
13.10%
SPY:
12.41%
TRVLX:
-60.22%
SPY:
-55.19%
TRVLX:
-14.10%
SPY:
-2.74%
Returns By Period
In the year-to-date period, TRVLX achieves a 6.37% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, TRVLX has underperformed SPY with an annualized return of 8.35%, while SPY has yielded a comparatively higher 12.97% annualized return.
TRVLX
6.37%
-12.65%
-4.02%
7.03%
8.75%
8.35%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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TRVLX vs. SPY - Expense Ratio Comparison
TRVLX has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TRVLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Value Fund (TRVLX) 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
TRVLX vs. SPY - Dividend Comparison
TRVLX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRVLX T. Rowe Price Value Fund | 0.00% | 1.33% | 1.39% | 0.75% | 0.68% | 1.69% | 1.77% | 1.31% | 1.66% | 2.08% | 1.24% | 1.21% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
TRVLX vs. SPY - Drawdown Comparison
The maximum TRVLX drawdown since its inception was -60.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TRVLX and SPY. For additional features, visit the drawdowns tool.
Volatility
TRVLX vs. SPY - Volatility Comparison
T. Rowe Price Value Fund (TRVLX) has a higher volatility of 8.82% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that TRVLX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.