PAGLX vs. ^GSPC
Compare and contrast key facts about T. Rowe Price Global Growth Stock Fund (PAGLX) and S&P 500 (^GSPC).
PAGLX is managed by T. Rowe Price. It was launched on Oct 26, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAGLX or ^GSPC.
Correlation
The correlation between PAGLX and ^GSPC is 0.91, 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.
Performance
PAGLX vs. ^GSPC - Performance Comparison
Key characteristics
PAGLX:
1.36
^GSPC:
1.62
PAGLX:
1.90
^GSPC:
2.20
PAGLX:
1.25
^GSPC:
1.30
PAGLX:
0.64
^GSPC:
2.46
PAGLX:
8.22
^GSPC:
10.01
PAGLX:
2.03%
^GSPC:
2.08%
PAGLX:
12.23%
^GSPC:
12.88%
PAGLX:
-44.63%
^GSPC:
-56.78%
PAGLX:
-13.97%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, PAGLX achieves a 2.64% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, PAGLX has underperformed ^GSPC with an annualized return of 8.01%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
PAGLX
2.64%
-1.18%
4.02%
14.38%
6.40%
8.01%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
PAGLX vs. ^GSPC — Risk-Adjusted Performance Rank
PAGLX
^GSPC
PAGLX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Growth Stock Fund (PAGLX) and S&P 500 (^GSPC). 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.
Drawdowns
PAGLX vs. ^GSPC - Drawdown Comparison
The maximum PAGLX drawdown since its inception was -44.63%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PAGLX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PAGLX vs. ^GSPC - Volatility Comparison
T. Rowe Price Global Growth Stock Fund (PAGLX) and S&P 500 (^GSPC) have volatilities of 3.38% and 3.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.