HLMGX vs. PRAFX
Compare and contrast key facts about Harding Loevner Global Equity Portfolio (HLMGX) and T. Rowe Price Real Assets Fund (PRAFX).
HLMGX is managed by Harding Loevner. It was launched on Nov 28, 1996. PRAFX is managed by T. Rowe Price. It was launched on Jul 27, 2010.
Performance
HLMGX vs. PRAFX - Performance Comparison
Loading graphics...
HLMGX vs. PRAFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLMGX Harding Loevner Global Equity Portfolio | -3.92% | 11.95% | 13.50% | 21.84% | -30.20% | 14.38% | 29.68% | 28.77% | -10.61% | 31.94% |
PRAFX T. Rowe Price Real Assets Fund | 9.79% | 29.51% | 0.32% | 6.65% | -10.24% | 25.74% | 7.02% | 19.62% | -11.55% | 10.48% |
Returns By Period
In the year-to-date period, HLMGX achieves a -3.92% return, which is significantly lower than PRAFX's 9.79% return. Both investments have delivered pretty close results over the past 10 years, with HLMGX having a 9.49% annualized return and PRAFX not far behind at 9.06%.
HLMGX
- 1D
- 1.05%
- 1M
- -3.95%
- YTD
- -3.92%
- 6M
- -3.53%
- 1Y
- 9.08%
- 3Y*
- 11.92%
- 5Y*
- 2.93%
- 10Y*
- 9.49%
PRAFX
- 1D
- 0.83%
- 1M
- -5.04%
- YTD
- 9.79%
- 6M
- 15.35%
- 1Y
- 33.71%
- 3Y*
- 14.09%
- 5Y*
- 9.31%
- 10Y*
- 9.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HLMGX vs. PRAFX - Expense Ratio Comparison
HLMGX has a 1.05% expense ratio, which is higher than PRAFX's 0.92% expense ratio.
Return for Risk
HLMGX vs. PRAFX — Risk / Return Rank
HLMGX
PRAFX
HLMGX vs. PRAFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harding Loevner Global Equity Portfolio (HLMGX) and T. Rowe Price Real Assets Fund (PRAFX). 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.
| HLMGX | PRAFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 1.81 | -1.22 |
Sortino ratioReturn per unit of downside risk | 0.94 | 2.30 | -1.36 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.35 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 0.86 | 2.63 | -1.78 |
Martin ratioReturn relative to average drawdown | 3.38 | 10.34 | -6.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HLMGX | PRAFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.81 | -1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.53 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.50 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.35 | -0.01 |
Correlation
The correlation between HLMGX and PRAFX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
HLMGX vs. PRAFX - Dividend Comparison
HLMGX's dividend yield for the trailing twelve months is around 21.85%, more than PRAFX's 2.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLMGX Harding Loevner Global Equity Portfolio | 21.85% | 20.99% | 30.72% | 0.28% | 0.00% | 16.22% | 5.68% | 0.27% | 12.74% | 13.71% | 1.34% | 2.81% |
PRAFX T. Rowe Price Real Assets Fund | 2.68% | 2.94% | 1.56% | 1.52% | 1.38% | 1.83% | 1.37% | 2.64% | 2.58% | 1.45% | 1.96% | 1.88% |
Drawdowns
HLMGX vs. PRAFX - Drawdown Comparison
The maximum HLMGX drawdown since its inception was -54.27%, which is greater than PRAFX's maximum drawdown of -38.05%. Use the drawdown chart below to compare losses from any high point for HLMGX and PRAFX.
Loading graphics...
Drawdown Indicators
| HLMGX | PRAFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.27% | -38.05% | -16.22% |
Max Drawdown (1Y)Largest decline over 1 year | -11.28% | -12.91% | +1.63% |
Max Drawdown (5Y)Largest decline over 5 years | -38.48% | -26.73% | -11.75% |
Max Drawdown (10Y)Largest decline over 10 years | -38.48% | -38.05% | -0.43% |
Current DrawdownCurrent decline from peak | -7.83% | -8.23% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -13.04% | -8.82% | -4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 3.36% | -0.50% |
Volatility
HLMGX vs. PRAFX - Volatility Comparison
The current volatility for Harding Loevner Global Equity Portfolio (HLMGX) is 5.90%, while T. Rowe Price Real Assets Fund (PRAFX) has a volatility of 6.36%. This indicates that HLMGX experiences smaller price fluctuations and is considered to be less risky than PRAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HLMGX | PRAFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.90% | 6.36% | -0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 9.88% | 13.55% | -3.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.07% | 19.05% | -2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.21% | 17.67% | +0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 18.13% | -0.04% |