FTRNX vs. PRGSX

Last updated Aug 1, 2026

FTRNX (Fidelity Trend Fund) and PRGSX (T. Rowe Price Global Stock Fund) are both mutual funds - FTRNX is a Large Cap Growth Equities fund actively managed by Fidelity, while PRGSX is a Global Equities fund tracking the MSCI All Country World Index Net. FTRNX is actively managed, while PRGSX is passively managed. Over the past 10 years, FTRNX returned 17.81%/yr vs 15.65%/yr for PRGSX. Their correlation of 0.89 means they have usually moved in the same direction. FTRNX charges 0.74%/yr vs 0.81%/yr for PRGSX.

Performance

FTRNX vs. PRGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Trend Fund (FTRNX) and T. Rowe Price Global Stock Fund (PRGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTRNX achieves a 6.72% return, which is significantly lower than PRGSX's 14.53% return. Over the past 10 years, FTRNX has outperformed PRGSX with an annualized return of 17.81%, while PRGSX has yielded a comparatively lower 15.65% annualized return.

FTRNX

• 1D: 3.03%
• 1M: -5.87%
• 6M: 6.33%
• YTD: 6.72%
• 1Y: 15.16%
• 3Y*: 23.30%
• 5Y*: 13.23%
• 10Y*: 17.81%
• ALL TIME*: 11.37%

PRGSX

• 1D: 3.74%
• 1M: -4.07%
• 6M: 9.43%
• YTD: 14.53%
• 1Y: 29.00%
• 3Y*: 19.13%
• 5Y*: 8.00%
• 10Y*: 15.65%
• ALL TIME*: 10.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTRNX Fidelity Trend Fund	$0.00	$0.00	$0.00
PRGSX T. Rowe Price Global Stock Fund	$0.00	$0.00	$0.00

FTRNX vs. PRGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTRNX Fidelity Trend Fund	6.72%	18.77%	40.43%	44.39%	-33.66%	22.86%	47.01%	36.12%	-5.48%	29.09%
PRGSX T. Rowe Price Global Stock Fund	14.53%	21.42%	16.80%	25.70%	-28.01%	9.81%	52.29%	35.84%	-4.51%	32.64%

Correlation

The correlation between FTRNX and PRGSX is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.92
Correlation (10Y) Provides a long-term view across more market conditions.	0.92
Correlation (All Time) Calculated using the full available price history since Jan 2, 1996	0.89

The correlation between FTRNX and PRGSX has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.

Return for Risk

FTRNX vs. PRGSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTRNX

FTRNX Risk / Return Rank: 17
FTRNX Sharpe Ratio Rank: 15
FTRNX Sortino Ratio Rank: 15
FTRNX Omega Ratio Rank: 15
FTRNX Calmar Ratio Rank: 18
FTRNX Martin Ratio Rank: 20

PRGSX

PRGSX Risk / Return Rank: 51
PRGSX Sharpe Ratio Rank: 46
PRGSX Sortino Ratio Rank: 43
PRGSX Omega Ratio Rank: 43
PRGSX Calmar Ratio Rank: 65
PRGSX Martin Ratio Rank: 55

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTRNX vs. PRGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Trend Fund (FTRNX) and T. Rowe Price Global Stock Fund (PRGSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTRNX	PRGSX	Difference
Sharpe ratio: Return per unit of total volatility	0.54	1.24	-0.70
Sortino ratio: Return per unit of downside risk	0.89	1.75	-0.86
Omega ratio: Gain probability vs. loss probability	1.11	1.22	-0.12
Calmar ratio: Return relative to maximum drawdown	0.83	2.08	-1.25
Martin ratio: Return relative to average drawdown	2.67	7.18	-4.52

FTRNX vs. PRGSX - Sharpe Ratio Comparison

The current FTRNX Sharpe Ratio is 0.54, which is lower than the PRGSX Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FTRNX and PRGSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTRNX vs. PRGSX - Drawdown Comparison

The maximum FTRNX drawdown since its inception was -56.26%, smaller than the maximum PRGSX drawdown of -64.06%. Use the drawdown chart below to compare losses from any high point for FTRNX and PRGSX.

Drawdown Indicators

	FTRNX	PRGSX	Difference
Max Drawdown Largest peak-to-trough decline	-56.26%	-64.06%	+7.80%
Max Drawdown (1Y) Largest decline over 1 year	-14.92%	-12.77%	-2.15%
Max Drawdown (3Y) Largest decline over 3 years	-32.97%	-21.13%	-11.84%
Max Drawdown (5Y) Largest decline over 5 years	-39.05%	-38.11%	-0.94%
Max Drawdown (10Y) Largest decline over 10 years	-39.05%	-38.11%	-0.94%
Current Drawdown Current decline from peak	-10.37%	-8.04%	-2.33%
Average Drawdown Average peak-to-trough decline	-10.53%	-13.43%	+2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	3.70%	+0.95%

Volatility

FTRNX vs. PRGSX - Volatility Comparison

Fidelity Trend Fund (FTRNX) has a higher volatility of 8.01% compared to T. Rowe Price Global Stock Fund (PRGSX) at 7.51%. This indicates that FTRNX's price experiences larger fluctuations and is considered to be riskier than PRGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTRNX	PRGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.01%	7.51%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	18.67%	18.46%	+0.21%
Volatility (1Y) Calculated over the trailing 1-year period	22.87%	21.37%	+1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.85%	20.29%	+6.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.25%	19.97%	+4.28%

FTRNX vs. PRGSX - Expense Ratio Comparison

FTRNX has a 0.74% expense ratio, which is lower than PRGSX's 0.81% expense ratio.

Dividends

FTRNX vs. PRGSX - Dividend Comparison

FTRNX's dividend yield for the trailing twelve months is around 6.02%, less than PRGSX's 8.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTRNX Fidelity Trend Fund	6.02%	8.23%	15.26%	4.69%	5.34%	7.80%	4.44%	9.65%	8.30%	8.62%	5.25%	6.44%
PRGSX T. Rowe Price Global Stock Fund	8.38%	9.60%	6.73%	0.27%	0.00%	13.67%	5.67%	2.21%	5.81%	0.03%	0.63%	0.33%

Frequently Asked Questions

Can I hold both FTRNX and PRGSX in my portfolio?

With a correlation of 0.93, FTRNX and PRGSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FTRNX or PRGSX?

FTRNX has higher volatility (8.01%) compared to PRGSX (7.51%). In terms of maximum drawdown, FTRNX dropped -56.26% vs PRGSX's -64.06%.

Which has better risk-adjusted returns?

PRGSX currently has the higher Sharpe Ratio (1.24 vs 0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.