OIGAX vs. PRNHX
Compare and contrast key facts about Invesco Oppenheimer International Growth Fund Class A (OIGAX) and T. Rowe Price New Horizons Fund (PRNHX).
OIGAX is managed by Invesco. It was launched on Mar 25, 1996. PRNHX is managed by T. Rowe Price. It was launched on Jun 3, 1960.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OIGAX or PRNHX.
Correlation
The correlation between OIGAX and PRNHX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OIGAX vs. PRNHX - Performance Comparison
Key characteristics
OIGAX:
-0.40
PRNHX:
0.06
OIGAX:
-0.40
PRNHX:
0.20
OIGAX:
0.94
PRNHX:
1.02
OIGAX:
-0.16
PRNHX:
0.03
OIGAX:
-0.81
PRNHX:
0.18
OIGAX:
8.58%
PRNHX:
5.93%
OIGAX:
17.73%
PRNHX:
16.69%
OIGAX:
-68.90%
PRNHX:
-55.79%
OIGAX:
-37.92%
PRNHX:
-27.50%
Returns By Period
In the year-to-date period, OIGAX achieves a 6.22% return, which is significantly higher than PRNHX's 1.85% return. Over the past 10 years, OIGAX has underperformed PRNHX with an annualized return of -0.45%, while PRNHX has yielded a comparatively higher 11.03% annualized return.
OIGAX
6.22%
2.77%
-11.51%
-6.84%
-5.31%
-0.45%
PRNHX
1.85%
-2.59%
5.92%
3.07%
5.02%
11.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OIGAX vs. PRNHX - Expense Ratio Comparison
OIGAX has a 1.10% expense ratio, which is higher than PRNHX's 0.75% expense ratio.
Risk-Adjusted Performance
OIGAX vs. PRNHX — Risk-Adjusted Performance Rank
OIGAX
PRNHX
OIGAX vs. PRNHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Oppenheimer International Growth Fund Class A (OIGAX) and T. Rowe Price New Horizons Fund (PRNHX). 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.
Dividends
OIGAX vs. PRNHX - Dividend Comparison
OIGAX's dividend yield for the trailing twelve months is around 0.30%, less than PRNHX's 4.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OIGAX Invesco Oppenheimer International Growth Fund Class A | 0.30% | 0.32% | 0.72% | 0.00% | 0.10% | 0.00% | 0.84% | 1.08% | 0.59% | 1.02% | 0.87% | 0.84% |
PRNHX T. Rowe Price New Horizons Fund | 4.82% | 4.91% | 0.00% | 4.72% | 17.09% | 13.58% | 11.73% | 13.94% | 8.27% | 5.77% | 7.72% | 11.65% |
Drawdowns
OIGAX vs. PRNHX - Drawdown Comparison
The maximum OIGAX drawdown since its inception was -68.90%, which is greater than PRNHX's maximum drawdown of -55.79%. Use the drawdown chart below to compare losses from any high point for OIGAX and PRNHX. For additional features, visit the drawdowns tool.
Volatility
OIGAX vs. PRNHX - Volatility Comparison
The current volatility for Invesco Oppenheimer International Growth Fund Class A (OIGAX) is 3.54%, while T. Rowe Price New Horizons Fund (PRNHX) has a volatility of 4.07%. This indicates that OIGAX experiences smaller price fluctuations and is considered to be less risky than PRNHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.