T. Rowe Price International Equity Index Fund (PIEQX)
The fund will attempt to track the performance of stocks in developed non-U.S. markets by seeking to match the performance of the MSCI EAFE Index Net. It uses a full replication strategy, which involves investing substantially all of its assets in all of the stocks in the index in proportion to each stock's weight in the index. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in stocks that are held in the index. The index is designed to represent the performance of large- and mid-cap securities across developed markets other than the U.S. and Canada.
Fund Info
| ISIN | US77958A1079 |
|---|---|
| CUSIP | 77958A107 |
| Issuer | T. Rowe Price |
| Inception Date | Nov 30, 2000 |
| Category | Foreign Large Cap Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Expense Ratio
PIEQX has a high expense ratio of 0.29%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price International Equity Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T. Rowe Price International Equity Index Fund had a return of 6.54% year-to-date (YTD) and 13.31% in the last 12 months. Over the past 10 years, T. Rowe Price International Equity Index Fund had an annualized return of 4.71%, while the S&P 500 had an annualized return of 10.79%, indicating that T. Rowe Price International Equity Index Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.54% | 9.47% |
| 1 month | 4.01% | 1.91% |
| 6 months | 17.50% | 18.36% |
| 1 year | 13.31% | 26.61% |
| 5 years (annualized) | 7.70% | 12.90% |
| 10 years (annualized) | 4.71% | 10.79% |
Monthly Returns
The table below presents the monthly returns of PIEQX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.45% | 2.90% | 3.25% | -3.21% | 6.54% | ||||||||
| 2023 | 8.59% | -2.98% | 3.14% | 2.77% | -3.94% | 4.45% | 2.75% | -4.02% | -3.59% | -3.10% | 8.54% | 5.38% | 18.07% |
| 2022 | -3.79% | -3.05% | -0.13% | -6.50% | 1.97% | -9.02% | 5.15% | -5.98% | -9.42% | 5.92% | 13.65% | -1.88% | -14.54% |
| 2021 | -1.45% | 2.47% | 2.34% | 2.93% | 3.71% | -1.43% | 0.85% | 1.50% | -3.31% | 3.06% | -4.51% | 4.81% | 11.02% |
| 2020 | -2.97% | -7.50% | -14.56% | 6.81% | 5.52% | 3.43% | 2.21% | 4.79% | -1.84% | -3.76% | 14.91% | 5.06% | 9.21% |
| 2019 | 6.73% | 2.10% | 0.61% | 2.81% | -5.31% | 6.00% | -2.28% | -1.96% | 3.14% | 3.49% | 1.08% | 3.42% | 20.95% |
| 2018 | 5.12% | -5.14% | -0.49% | 1.53% | -2.20% | -1.62% | 2.50% | -2.09% | 0.92% | -8.46% | 0.39% | -5.02% | -14.29% |
| 2017 | 3.58% | 1.23% | 3.09% | 2.60% | 3.77% | 0.22% | 2.74% | -0.00% | 2.37% | 1.97% | 0.90% | 1.34% | 26.48% |
| 2016 | -5.63% | -3.38% | 7.28% | 1.80% | -0.17% | -2.37% | 4.33% | 0.58% | 1.32% | -2.12% | -1.91% | 2.38% | 1.44% |
| 2015 | 0.97% | 5.87% | -1.29% | 4.16% | -0.37% | -2.82% | 1.22% | -7.24% | -4.06% | 6.70% | -0.87% | -2.05% | -0.70% |
| 2014 | -4.36% | 5.72% | -0.51% | 1.32% | 1.67% | 1.07% | -2.26% | 0.14% | -4.04% | -0.53% | 0.08% | -3.93% | -5.92% |
| 2013 | 3.90% | -1.00% | 0.59% | 4.78% | -2.96% | -2.72% | 5.25% | -1.45% | 7.43% | 3.12% | 0.74% | 1.34% | 20.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PIEQX is 38, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
PIEQX (T. Rowe Price International Equity Index Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price International Equity Index Fund (PIEQX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
T. Rowe Price International Equity Index Fund granted a 2.82% dividend yield in the last twelve months. The annual payout for that period amounted to $0.47 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.47 | $0.47 | $0.36 | $0.52 | $0.26 | $0.39 | $0.36 | $0.38 | $0.34 | $0.32 | $0.41 | $0.30 |
Dividend yield | 2.82% | 3.00% | 2.67% | 3.15% | 1.71% | 2.75% | 2.99% | 2.63% | 2.90% | 2.69% | 3.33% | 2.22% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price International Equity Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2013 | $0.30 | $0.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price International Equity Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price International Equity Index Fund was 60.73%, occurring on Mar 9, 2009. Recovery took 1319 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.73% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1319 | Jun 5, 2014 | 1657 |
| -42.38% | Jan 8, 2001 | 542 | Mar 12, 2003 | 416 | Nov 4, 2004 | 958 |
| -35.24% | Jan 29, 2018 | 541 | Mar 23, 2020 | 169 | Nov 19, 2020 | 710 |
| -29.56% | Sep 8, 2021 | 266 | Sep 27, 2022 | 350 | Feb 20, 2024 | 616 |
| -22.94% | Jul 7, 2014 | 405 | Feb 11, 2016 | 307 | May 2, 2017 | 712 |
Volatility
Volatility Chart
The current T. Rowe Price International Equity Index Fund volatility is 3.24%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.