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

Correlation

The correlation between PIEQX and PRSIX is 0.83, 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.


-0.50.00.51.00.8

Performance

PIEQX vs. PRSIX - 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 Spectrum Conservative Allocation Fund (PRSIX). The values are adjusted to include any dividend payments, if applicable.

-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
-4.91%
1.19%
PIEQX
PRSIX

Key characteristics

Sharpe Ratio

PIEQX:

0.13

PRSIX:

1.17

Sortino Ratio

PIEQX:

0.26

PRSIX:

1.50

Omega Ratio

PIEQX:

1.03

PRSIX:

1.23

Calmar Ratio

PIEQX:

0.14

PRSIX:

1.29

Martin Ratio

PIEQX:

0.45

PRSIX:

7.36

Ulcer Index

PIEQX:

3.78%

PRSIX:

0.97%

Daily Std Dev

PIEQX:

13.16%

PRSIX:

6.15%

Max Drawdown

PIEQX:

-60.73%

PRSIX:

-29.56%

Current Drawdown

PIEQX:

-11.85%

PRSIX:

-4.05%

Returns By Period

In the year-to-date period, PIEQX achieves a 0.64% return, which is significantly lower than PRSIX's 6.60% return. Over the past 10 years, PIEQX has underperformed PRSIX with an annualized return of 4.82%, while PRSIX has yielded a comparatively higher 5.11% annualized return.


PIEQX

YTD

0.64%

1M

-3.80%

6M

-4.91%

1Y

1.68%

5Y*

4.33%

10Y*

4.82%

PRSIX

YTD

6.60%

1M

-2.87%

6M

1.19%

1Y

7.11%

5Y*

4.31%

10Y*

5.11%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PIEQX vs. PRSIX - Expense Ratio Comparison

PIEQX has a 0.29% expense ratio, which is lower than PRSIX's 0.36% expense ratio.


PRSIX
T. Rowe Price Spectrum Conservative Allocation Fund
Expense ratio chart for PRSIX: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for PIEQX: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

PIEQX vs. PRSIX - 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 Spectrum Conservative Allocation Fund (PRSIX). 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.


Sharpe ratio
The chart of Sharpe ratio for PIEQX, currently valued at 0.13, compared to the broader market-1.000.001.002.003.004.000.131.17
The chart of Sortino ratio for PIEQX, currently valued at 0.26, compared to the broader market-2.000.002.004.006.008.0010.000.261.50
The chart of Omega ratio for PIEQX, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.003.501.031.23
The chart of Calmar ratio for PIEQX, currently valued at 0.14, compared to the broader market0.002.004.006.008.0010.0012.000.141.29
The chart of Martin ratio for PIEQX, currently valued at 0.45, compared to the broader market0.0020.0040.0060.000.457.36
PIEQX
PRSIX

The current PIEQX Sharpe Ratio is 0.13, which is lower than the PRSIX Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of PIEQX and PRSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.13
1.17
PIEQX
PRSIX

Dividends

PIEQX vs. PRSIX - Dividend Comparison

PIEQX has not paid dividends to shareholders, while PRSIX's dividend yield for the trailing twelve months is around 1.98%.


TTM20232022202120202019201820172016201520142013
PIEQX
T. Rowe Price International Equity Index Fund
0.00%3.01%2.67%2.42%1.71%2.68%2.99%2.42%2.90%2.69%3.33%2.07%
PRSIX
T. Rowe Price Spectrum Conservative Allocation Fund
1.98%3.77%2.19%1.31%1.35%2.30%2.28%1.69%2.00%2.14%2.04%1.85%

Drawdowns

PIEQX vs. PRSIX - Drawdown Comparison

The maximum PIEQX drawdown since its inception was -60.73%, which is greater than PRSIX's maximum drawdown of -29.56%. Use the drawdown chart below to compare losses from any high point for PIEQX and PRSIX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.85%
-4.05%
PIEQX
PRSIX

Volatility

PIEQX vs. PRSIX - Volatility Comparison

T. Rowe Price International Equity Index Fund (PIEQX) has a higher volatility of 4.64% compared to T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) at 3.44%. This indicates that PIEQX's price experiences larger fluctuations and is considered to be riskier than PRSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.64%
3.44%
PIEQX
PRSIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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