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PIEQX vs. PREIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PIEQX and PREIX is 0.74, 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

PIEQX vs. PREIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price International Equity Index Fund (PIEQX) and T. Rowe Price Equity Index 500 Fund (PREIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PIEQX:

0.66

PREIX:

0.72

Sortino Ratio

PIEQX:

1.03

PREIX:

1.13

Omega Ratio

PIEQX:

1.14

PREIX:

1.17

Calmar Ratio

PIEQX:

0.83

PREIX:

0.75

Martin Ratio

PIEQX:

2.40

PREIX:

2.91

Ulcer Index

PIEQX:

4.77%

PREIX:

4.87%

Daily Std Dev

PIEQX:

16.92%

PREIX:

19.63%

Max Drawdown

PIEQX:

-61.04%

PREIX:

-55.32%

Current Drawdown

PIEQX:

0.00%

PREIX:

-3.96%

Returns By Period

In the year-to-date period, PIEQX achieves a 14.47% return, which is significantly higher than PREIX's 0.46% return. Over the past 10 years, PIEQX has underperformed PREIX with an annualized return of 5.39%, while PREIX has yielded a comparatively higher 12.32% annualized return.


PIEQX

YTD

14.47%

1M

9.71%

6M

12.65%

1Y

11.09%

5Y*

12.54%

10Y*

5.39%

PREIX

YTD

0.46%

1M

9.82%

6M

-1.11%

1Y

13.99%

5Y*

17.02%

10Y*

12.32%

*Annualized

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PIEQX vs. PREIX - Expense Ratio Comparison

PIEQX has a 0.29% expense ratio, which is higher than PREIX's 0.15% expense ratio.


Risk-Adjusted Performance

PIEQX vs. PREIX — Risk-Adjusted Performance Rank

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

PIEQX
The Risk-Adjusted Performance Rank of PIEQX is 6565
Overall Rank
The Sharpe Ratio Rank of PIEQX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of PIEQX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of PIEQX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of PIEQX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of PIEQX is 6363
Martin Ratio Rank

PREIX
The Risk-Adjusted Performance Rank of PREIX is 7070
Overall Rank
The Sharpe Ratio Rank of PREIX is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of PREIX is 6767
Sortino Ratio Rank
The Omega Ratio Rank of PREIX is 7171
Omega Ratio Rank
The Calmar Ratio Rank of PREIX is 7676
Calmar Ratio Rank
The Martin Ratio Rank of PREIX is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PIEQX vs. PREIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Equity Index Fund (PIEQX) and T. Rowe Price Equity Index 500 Fund (PREIX). 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.


The current PIEQX Sharpe Ratio is 0.66, which is comparable to the PREIX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of PIEQX and PREIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

PIEQX vs. PREIX - Dividend Comparison

PIEQX's dividend yield for the trailing twelve months is around 2.53%, more than PREIX's 1.12% yield.


TTM20242023202220212020201920182017201620152014
PIEQX
T. Rowe Price International Equity Index Fund
2.53%2.89%3.01%2.67%2.42%1.71%2.68%2.99%2.42%2.90%2.69%3.33%
PREIX
T. Rowe Price Equity Index 500 Fund
1.12%1.13%1.33%1.50%1.15%1.56%1.78%1.95%1.65%1.83%2.02%1.69%

Drawdowns

PIEQX vs. PREIX - Drawdown Comparison

The maximum PIEQX drawdown since its inception was -61.04%, which is greater than PREIX's maximum drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for PIEQX and PREIX. For additional features, visit the drawdowns tool.


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Volatility

PIEQX vs. PREIX - Volatility Comparison

The current volatility for T. Rowe Price International Equity Index Fund (PIEQX) is 3.14%, while T. Rowe Price Equity Index 500 Fund (PREIX) has a volatility of 6.14%. This indicates that PIEQX experiences smaller price fluctuations and is considered to be less risky than PREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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