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T. Rowe Price International Equity Index Fund (PIEQX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

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.

Looking to diversify beyond PIEQX? The mutual funds below have the lowest correlation with PIEQX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PIEQX.

Best Diversifiers for PIEQX

1 mutual funds have low correlation with PIEQX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) (Global Bonds) with a 1Y correlation of 0.28, roughly unchanged from 0.27 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PRSNX
T. Rowe Price Global Multi-Sector Bond Fund0.280.310.27
91
Global BondsPIEQX vs PRSNX
PRSCX
T. Rowe Price Science And Technology Fund0.530.560.64
87
Technology EquitiesPIEQX vs PRSCX
KGIIX
Kopernik International Fund0.590.500.61
54
Foreign Large Cap EquitiesPIEQX vs KGIIX
PRGTX
T. Rowe Price Global Technology Fund0.600.620.63
87
Technology EquitiesPIEQX vs PRGTX
THOIX
Thornburg Global Opportunities Fund0.610.710.78
91
Foreign Large Cap EquitiesPIEQX vs THOIX
See all 30 diversifiers for PIEQX

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