Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price New Asia Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
T. Rowe Price New Asia Fund (PRASX) has returned -2.85% so far this year and 20.97% over the past 12 months. Over the last ten years, PRASX has returned 6.90% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
T. Rowe Price New Asia Fund
- 1D
- -1.25%
- 1M
- -13.71%
- YTD
- -2.85%
- 6M
- 0.29%
- 1Y
- 20.97%
- 3Y*
- 7.70%
- 5Y*
- -1.30%
- 10Y*
- 6.90%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Jan 2, 1991, PRASX's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, your investment would double in approximately 6.7 years.
Historically, 57% of months were positive and 43% were negative. The best month was May 2009 with a return of +28.3%, while the worst month was Oct 2008 at -26.5%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PRASX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +10.0%, while the worst single day was Sep 17, 2001 at -12.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.27% | 5.94% | -13.71% | -2.85% | |||||||||
| 2025 | 0.18% | 1.79% | -0.29% | -0.88% | 3.97% | 5.02% | 1.90% | 3.09% | 6.10% | 3.21% | -2.78% | 2.88% | 26.60% |
| 2024 | -6.01% | 5.72% | 1.40% | 0.19% | 1.82% | 4.43% | 0.06% | 0.77% | 5.90% | -4.25% | -1.73% | -0.81% | 6.97% |
| 2023 | 10.90% | -7.00% | 2.98% | -3.60% | -3.00% | 2.84% | 4.11% | -7.07% | -3.68% | -3.29% | 6.26% | 3.09% | 0.83% |
| 2022 | -1.76% | -4.94% | -7.23% | -6.75% | 2.18% | -1.15% | -1.11% | -2.06% | -12.03% | -5.75% | 20.39% | -1.89% | -22.60% |
| 2021 | 4.10% | 1.45% | -0.72% | 1.25% | 0.52% | -0.52% | -7.12% | 2.14% | -3.40% | 1.55% | -4.11% | 0.97% | -4.33% |
Benchmark Metrics
T. Rowe Price New Asia Fund has an annualized alpha of 4.13%, beta of 0.58, and R² of 0.28 versus S&P 500 Index. Calculated based on daily prices since January 03, 1991.
- Beta of 0.58 may look defensive, but with R² of 0.28 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R² of 0.28 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.13%
- Beta
- 0.58
- R²
- 0.28
- Upside Capture
- 98.80%
- Downside Capture
- 101.35%
Expense Ratio
PRASX has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PRASX ranks 54 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for T. Rowe Price New Asia Fund (PRASX) and compare them to a chosen benchmark (S&P 500 Index).
| PRASX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 0.90 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.39 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.40 | -0.11 |
Martin ratioReturn relative to average drawdown | 5.10 | 6.61 | -1.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore PRASX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
T. Rowe Price New Asia Fund provided a 0.64% dividend yield over the last twelve months, with an annual payout of $0.13 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.18 | $0.28 | $0.31 | $2.99 | $0.12 | $0.15 | $1.12 | $1.79 | $0.07 | $0.20 |
Dividend yield | 0.64% | 0.62% | 1.05% | 1.77% | 1.96% | 14.22% | 0.46% | 0.77% | 7.23% | 9.15% | 0.46% | 1.31% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price New Asia 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.99 | $2.99 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price New Asia 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 New Asia Fund was 70.53%, occurring on Nov 20, 2008. Recovery took 1121 trading sessions.
The current T. Rowe Price New Asia Fund drawdown is 14.39%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.53% | Nov 1, 2007 | 267 | Nov 20, 2008 | 1121 | May 8, 2013 | 1388 |
| -59.96% | Jan 5, 1994 | 1177 | Sep 1, 1998 | 331 | Dec 23, 1999 | 1508 |
| -59.77% | Mar 30, 2000 | 370 | Sep 21, 2001 | 958 | Jul 13, 2005 | 1328 |
| -45.07% | Feb 17, 2021 | 426 | Oct 24, 2022 | 833 | Feb 20, 2026 | 1259 |
| -28.14% | Jan 14, 2020 | 48 | Mar 23, 2020 | 72 | Jul 6, 2020 | 120 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...