OIDAX vs. PGTIX

Last updated Jun 24, 2026

OIDAX (Invesco International Diversified Fund Class A) and PGTIX (T. Rowe Price Global Technology Fund I Class) are both mutual funds - OIDAX is a Global Equities fund managed by Invesco, while PGTIX is a Technology Equities fund actively managed by T. Rowe Price. Over the past 5 years, OIDAX returned 2.50%/yr vs 9.83%/yr for PGTIX. A 0.70 correlation means they provide meaningful diversification when combined. OIDAX charges 0.42%/yr vs 0.78%/yr for PGTIX.

Performance

OIDAX vs. PGTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco International Diversified Fund Class A (OIDAX) and T. Rowe Price Global Technology Fund I Class (PGTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OIDAX achieves a 12.26% return, which is significantly lower than PGTIX's 42.58% return.

OIDAX

• 1D: -0.13%
• 1M: 3.18%
• YTD: 12.26%
• 6M: 12.17%
• 1Y: 23.67%
• 3Y*: 11.83%
• 5Y*: 2.50%
• 10Y*: 7.76%

PGTIX

• 1D: 0.45%
• 1M: 7.43%
• YTD: 42.58%
• 6M: 42.64%
• 1Y: 74.21%
• 3Y*: 39.70%
• 5Y*: 9.83%
• 10Y*: —

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

OIDAX vs. PGTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OIDAX Invesco International Diversified Fund Class A	12.26%	21.42%	-2.54%	15.42%	-25.22%	4.01%	20.55%	24.60%	-14.62%	32.40%
PGTIX T. Rowe Price Global Technology Fund I Class	42.58%	27.48%	33.33%	56.25%	-55.48%	8.92%	75.98%	34.28%	-9.95%	45.22%

Correlation

The correlation between OIDAX and PGTIX is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.70

The correlation between OIDAX and PGTIX has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.

Return for Risk

OIDAX vs. PGTIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OIDAX

OIDAX Risk / Return Rank: 42
OIDAX Sharpe Ratio Rank: 40
OIDAX Sortino Ratio Rank: 40
OIDAX Omega Ratio Rank: 40
OIDAX Calmar Ratio Rank: 46
OIDAX Martin Ratio Rank: 45

PGTIX

PGTIX Risk / Return Rank: 88
PGTIX Sharpe Ratio Rank: 93
PGTIX Sortino Ratio Rank: 79
PGTIX Omega Ratio Rank: 81
PGTIX Calmar Ratio Rank: 96
PGTIX Martin Ratio Rank: 91

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.

OIDAX vs. PGTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco International Diversified Fund Class A (OIDAX) and T. Rowe Price Global Technology Fund I Class (PGTIX). 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.

	OIDAX	PGTIX	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.93	-1.23
Sortino ratio: Return per unit of downside risk	2.45	3.42	-0.98
Omega ratio: Gain probability vs. loss probability	1.31	1.49	-0.18
Calmar ratio: Return relative to maximum drawdown	2.46	5.86	-3.40
Martin ratio: Return relative to average drawdown	8.81	17.44	-8.63

OIDAX vs. PGTIX - Sharpe Ratio Comparison

The current OIDAX Sharpe Ratio is 1.71, which is lower than the PGTIX Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of OIDAX and PGTIX, 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

OIDAX vs. PGTIX - Drawdown Comparison

The maximum OIDAX drawdown since its inception was -58.55%, smaller than the maximum PGTIX drawdown of -65.26%. Use the drawdown chart below to compare losses from any high point for OIDAX and PGTIX.

Drawdown Indicators

	OIDAX	PGTIX	Difference
Max Drawdown Largest peak-to-trough decline	-58.55%	-65.26%	+6.71%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-12.99%	+1.91%
Max Drawdown (3Y) Largest decline over 3 years	-17.74%	-26.71%	+8.97%
Max Drawdown (5Y) Largest decline over 5 years	-38.09%	-65.26%	+27.17%
Max Drawdown (10Y) Largest decline over 10 years	-38.09%	—	—
Current Drawdown Current decline from peak	-0.67%	-1.14%	+0.47%
Average Drawdown Average peak-to-trough decline	-12.48%	-18.92%	+6.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	4.36%	-1.40%

Volatility

OIDAX vs. PGTIX - Volatility Comparison

The current volatility for Invesco International Diversified Fund Class A (OIDAX) is 6.09%, while T. Rowe Price Global Technology Fund I Class (PGTIX) has a volatility of 13.29%. This indicates that OIDAX experiences smaller price fluctuations and is considered to be less risky than PGTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OIDAX	PGTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	13.29%	-7.20%
Volatility (6M) Calculated over the trailing 6-month period	13.43%	21.88%	-8.45%
Volatility (1Y) Calculated over the trailing 1-year period	16.00%	25.99%	-9.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.76%	32.19%	-15.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	29.14%	-12.55%

OIDAX vs. PGTIX - Expense Ratio Comparison

OIDAX has a 0.42% expense ratio, which is lower than PGTIX's 0.78% expense ratio.

Dividends

OIDAX vs. PGTIX - Dividend Comparison

OIDAX's dividend yield for the trailing twelve months is around 31.92%, while PGTIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OIDAX Invesco International Diversified Fund Class A	31.92%	35.83%	4.92%	0.38%	14.78%	7.92%	1.12%	2.15%	0.82%	0.38%	0.41%	0.96%
PGTIX T. Rowe Price Global Technology Fund I Class	0.00%	0.00%	0.00%	0.00%	3.27%	27.92%	5.04%	0.07%	24.92%	15.91%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OIDAX and PGTIX in my portfolio?

OIDAX and PGTIX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OIDAX or PGTIX?

PGTIX has higher volatility (13.29%) compared to OIDAX (6.09%). In terms of maximum drawdown, OIDAX dropped -58.55% vs PGTIX's -65.26%.

Which has better risk-adjusted returns?

PGTIX currently has the higher Sharpe Ratio (2.93 vs 1.71), 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.