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T. Rowe Price European Stock Fund (PRESX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US77956H4011
CUSIP
77956H401
Inception Date
Feb 27, 1990
Min. Investment
$2,500
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

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 European Stock Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

T. Rowe Price European Stock Fund (PRESX) has returned -7.18% so far this year and 4.56% over the past 12 months. Over the last ten years, PRESX has returned 6.15% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


T. Rowe Price European Stock Fund

1D
0.65%
1M
-12.02%
YTD
-7.18%
6M
-3.90%
1Y
4.56%
3Y*
7.39%
5Y*
3.63%
10Y*
6.15%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 2, 1991, PRESX's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2003 with a return of +14.4%, while the worst month was Oct 2008 at -22.3%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PRESX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +12.3%, while the worst single day was Mar 12, 2020 at -11.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.27%2.16%-12.02%-7.18%
20255.59%3.27%-1.12%3.20%4.32%2.03%-4.06%3.08%0.15%0.78%0.44%2.28%21.46%
2024-0.96%2.28%4.04%-2.69%6.84%-2.70%0.86%3.84%-0.22%-5.21%-1.66%-1.93%1.83%
20239.52%-1.88%2.72%4.55%-3.98%3.80%2.20%-4.56%-5.37%-3.11%10.37%4.87%19.07%
2022-6.99%-5.48%-0.46%-6.21%0.63%-11.06%6.24%-8.38%-9.62%9.32%13.24%-2.20%-21.76%
2021-1.26%1.53%2.48%4.72%3.94%-0.18%2.63%2.10%-6.76%5.76%-4.56%4.31%14.81%

Benchmark Metrics

T. Rowe Price European Stock Fund has an annualized alpha of 1.53%, beta of 0.73, and R² of 0.48 versus S&P 500 Index. Calculated based on daily prices since January 03, 1991.

  • This fund participated in 96.45% of S&P 500 Index downside but only 89.89% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.48 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
1.53%
Beta
0.73
0.48
Upside Capture
89.89%
Downside Capture
96.45%

Expense Ratio

PRESX has a high expense ratio of 1.03%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

PRESX ranks 9 for risk / return — in the bottom 9% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


PRESX Risk / Return Rank: 99
Overall Rank
PRESX Sharpe Ratio Rank: 88
Sharpe Ratio Rank
PRESX Sortino Ratio Rank: 88
Sortino Ratio Rank
PRESX Omega Ratio Rank: 88
Omega Ratio Rank
PRESX Calmar Ratio Rank: 1111
Calmar Ratio Rank
PRESX Martin Ratio Rank: 1111
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for T. Rowe Price European Stock Fund (PRESX) and compare them to a chosen benchmark (S&P 500 Index).


PRESXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.21

0.90

-0.68

Sortino ratio

Return per unit of downside risk

0.40

1.39

-0.99

Omega ratio

Gain probability vs. loss probability

1.05

1.21

-0.16

Calmar ratio

Return relative to maximum drawdown

0.27

1.40

-1.13

Martin ratio

Return relative to average drawdown

0.95

6.61

-5.66

Explore PRESX 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 European Stock Fund provided a 11.57% dividend yield over the last twelve months, with an annual payout of $2.69 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.69$2.69$1.57$0.90$0.27$1.07$0.21$0.35$0.47$0.43$0.51$0.62

Dividend yield

11.57%10.74%6.85%3.77%1.32%3.96%0.86%1.59%2.67%2.08%3.03%3.20%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price European Stock Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$2.69$2.69
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.57$1.57
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.90$0.90
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.27$0.27
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.07$1.07

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the T. Rowe Price European Stock 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 European Stock Fund was 59.86%, occurring on Mar 9, 2009. Recovery took 1049 trading sessions.

The current T. Rowe Price European Stock Fund drawdown is 12.12%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-59.86%Nov 1, 2007339Mar 9, 20091049May 8, 20131388
-52.4%Mar 7, 2000756Mar 12, 2003709Jan 3, 20061465
-38.78%Sep 3, 2021268Sep 27, 2022479Aug 23, 2024747
-31.91%Feb 20, 202020Mar 18, 2020102Aug 12, 2020122
-25.15%Jul 21, 199854Oct 5, 199864Jan 6, 1999118

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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