IXG vs. PRGSX
IXG (iShares Global Financials ETF) and PRGSX (T. Rowe Price Global Stock Fund) are both funds - IXG is a Financials Equities fund tracking the S&P Global Financials Sector Index, while PRGSX is a Global Equities fund managed by T. Rowe Price. Over the past 10 years, IXG returned 12.22%/yr vs 16.13%/yr for PRGSX. A 0.78 correlation means they provide meaningful diversification when combined. IXG charges 0.46%/yr vs 0.82%/yr for PRGSX.
Performance
IXG vs. PRGSX - Performance Comparison
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Returns By Period
In the year-to-date period, IXG achieves a 0.78% return, which is significantly lower than PRGSX's 16.26% return. Over the past 10 years, IXG has underperformed PRGSX with an annualized return of 12.22%, while PRGSX has yielded a comparatively higher 16.13% annualized return.
IXG
- 1D
- 0.04%
- 1M
- 0.60%
- YTD
- 0.78%
- 6M
- 4.64%
- 1Y
- 12.97%
- 3Y*
- 22.67%
- 5Y*
- 11.54%
- 10Y*
- 12.22%
PRGSX
- 1D
- -5.35%
- 1M
- 0.01%
- YTD
- 16.26%
- 6M
- 16.21%
- 1Y
- 34.05%
- 3Y*
- 21.75%
- 5Y*
- 8.62%
- 10Y*
- 16.13%
IXG vs. PRGSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXG iShares Global Financials ETF | 0.78% | 28.54% | 25.69% | 14.97% | -8.97% | 25.07% | -2.99% | 24.60% | -16.33% | 23.78% |
PRGSX T. Rowe Price Global Stock Fund | 16.26% | 21.42% | 16.80% | 25.70% | -28.01% | 9.81% | 52.29% | 35.84% | -4.51% | 32.64% |
Correlation
The correlation between IXG and PRGSX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Nov 26, 2001 | 0.78 |
The correlation between IXG and PRGSX shifts across timeframes, from 0.62 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IXG vs. PRGSX — Risk / Return Rank
IXG
PRGSX
IXG vs. PRGSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Financials ETF (IXG) 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.
| IXG | PRGSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.34 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 2.77 | -1.62 |
| Martin ratioReturn relative to average drawdown | 4.05 | 11.24 | -7.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IXG | PRGSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.88 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.44 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.82 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.52 | -0.27 |
Drawdowns
IXG vs. PRGSX - Drawdown Comparison
The maximum IXG drawdown since its inception was -78.42%, which is greater than PRGSX's maximum drawdown of -64.06%. Use the drawdown chart below to compare losses from any high point for IXG and PRGSX.
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Drawdown Indicators
| IXG | PRGSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.42% | -64.06% | -14.36% |
Max Drawdown (1Y)Largest decline over 1 year | -11.33% | -12.77% | +1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -13.54% | -21.13% | +7.59% |
Max Drawdown (5Y)Largest decline over 5 years | -27.20% | -38.11% | +10.91% |
Max Drawdown (10Y)Largest decline over 10 years | -43.47% | -38.11% | -5.36% |
Current DrawdownCurrent decline from peak | -1.90% | -6.08% | +4.18% |
Average DrawdownAverage peak-to-trough decline | -19.75% | -13.48% | -6.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 3.14% | +0.07% |
Volatility
IXG vs. PRGSX - Volatility Comparison
The current volatility for iShares Global Financials ETF (IXG) is 3.69%, while T. Rowe Price Global Stock Fund (PRGSX) has a volatility of 7.75%. This indicates that IXG experiences smaller price fluctuations and is considered to be less risky than PRGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IXG | PRGSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.69% | 7.75% | -4.06% |
Volatility (6M)Calculated over the trailing 6-month period | 11.09% | 15.88% | -4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.83% | 18.76% | -4.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 19.80% | -2.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.13% | 19.84% | +0.29% |
IXG vs. PRGSX - Expense Ratio Comparison
IXG has a 0.46% expense ratio, which is lower than PRGSX's 0.82% expense ratio.
Dividends
IXG vs. PRGSX - Dividend Comparison
IXG's dividend yield for the trailing twelve months is around 2.03%, less than PRGSX's 8.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXG iShares Global Financials ETF | 2.03% | 2.04% | 2.64% | 2.62% | 3.71% | 1.69% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% |
PRGSX T. Rowe Price Global Stock Fund | 8.26% | 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
IXG and PRGSX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRGSX has higher volatility (7.75%) compared to IXG (3.69%). In terms of maximum drawdown, IXG dropped -78.42% vs PRGSX's -64.06%.
PRGSX currently has the higher Sharpe Ratio (1.88 vs 0.94), 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.
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