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PIEQX vs. TIVFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PIEQX vs. TIVFX - Performance Comparison

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

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PIEQX vs. TIVFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PIEQX
T. Rowe Price International Equity Index Fund
1.00%31.37%3.40%18.07%-14.54%11.02%9.21%21.04%-14.29%23.44%
TIVFX
American Beacon Tocqueville International Value Fund
12.18%36.15%3.73%15.43%-20.57%7.53%12.61%19.38%-19.87%24.18%

Returns By Period

In the year-to-date period, PIEQX achieves a 1.00% return, which is significantly lower than TIVFX's 12.18% return. Both investments have delivered pretty close results over the past 10 years, with PIEQX having a 8.50% annualized return and TIVFX not far behind at 8.08%.


PIEQX

1D
3.07%
1M
-6.36%
YTD
1.00%
6M
4.72%
1Y
22.75%
3Y*
14.23%
5Y*
8.01%
10Y*
8.50%

TIVFX

1D
1.65%
1M
-9.76%
YTD
12.18%
6M
16.65%
1Y
59.68%
3Y*
19.06%
5Y*
8.08%
10Y*
8.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PIEQX vs. TIVFX - Expense Ratio Comparison

PIEQX has a 0.29% expense ratio, which is lower than TIVFX's 1.20% expense ratio.


Return for Risk

PIEQX vs. TIVFX — Risk / Return Rank

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

PIEQX
PIEQX Risk / Return Rank: 7373
Overall Rank
PIEQX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
PIEQX Sortino Ratio Rank: 7272
Sortino Ratio Rank
PIEQX Omega Ratio Rank: 6868
Omega Ratio Rank
PIEQX Calmar Ratio Rank: 7777
Calmar Ratio Rank
PIEQX Martin Ratio Rank: 7373
Martin Ratio Rank

TIVFX
TIVFX Risk / Return Rank: 9797
Overall Rank
TIVFX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
TIVFX Sortino Ratio Rank: 9696
Sortino Ratio Rank
TIVFX Omega Ratio Rank: 9696
Omega Ratio Rank
TIVFX Calmar Ratio Rank: 9898
Calmar Ratio Rank
TIVFX Martin Ratio Rank: 9797
Martin Ratio Rank
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.

PIEQX vs. TIVFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Equity Index Fund (PIEQX) and American Beacon Tocqueville International Value Fund (TIVFX). 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.


PIEQXTIVFXDifference

Sharpe ratio

Return per unit of total volatility

1.34

3.12

-1.78

Sortino ratio

Return per unit of downside risk

1.85

3.55

-1.70

Omega ratio

Gain probability vs. loss probability

1.27

1.55

-0.28

Calmar ratio

Return relative to maximum drawdown

1.91

4.44

-2.53

Martin ratio

Return relative to average drawdown

7.30

17.93

-10.63

PIEQX vs. TIVFX - Sharpe Ratio Comparison

The current PIEQX Sharpe Ratio is 1.34, which is lower than the TIVFX Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of PIEQX and TIVFX, 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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Sharpe Ratios by Period


PIEQXTIVFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.34

3.12

-1.78

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

0.45

+0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.47

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

0.37

-0.10

Correlation

The correlation between PIEQX and TIVFX 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.


Dividends

PIEQX vs. TIVFX - Dividend Comparison

PIEQX's dividend yield for the trailing twelve months is around 3.16%, less than TIVFX's 7.86% yield.


TTM20252024202320222021202020192018201720162015
PIEQX
T. Rowe Price International Equity Index Fund
3.16%3.19%2.89%3.00%2.67%3.15%1.71%2.82%2.99%0.21%2.90%2.69%
TIVFX
American Beacon Tocqueville International Value Fund
7.86%8.82%10.23%1.66%1.39%3.65%0.34%1.69%1.37%1.28%1.57%3.01%

Drawdowns

PIEQX vs. TIVFX - Drawdown Comparison

The maximum PIEQX drawdown since its inception was -60.73%, which is greater than TIVFX's maximum drawdown of -54.21%. Use the drawdown chart below to compare losses from any high point for PIEQX and TIVFX.


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Drawdown Indicators


PIEQXTIVFXDifference

Max Drawdown

Largest peak-to-trough decline

-60.73%

-54.21%

-6.52%

Max Drawdown (1Y)

Largest decline over 1 year

-11.38%

-13.21%

+1.83%

Max Drawdown (5Y)

Largest decline over 5 years

-29.56%

-36.31%

+6.75%

Max Drawdown (10Y)

Largest decline over 10 years

-35.19%

-41.51%

+6.32%

Current Drawdown

Current decline from peak

-8.19%

-10.23%

+2.04%

Average Drawdown

Average peak-to-trough decline

-14.03%

-13.45%

-0.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.98%

3.27%

-0.29%

Volatility

PIEQX vs. TIVFX - Volatility Comparison

T. Rowe Price International Equity Index Fund (PIEQX) and American Beacon Tocqueville International Value Fund (TIVFX) have volatilities of 7.77% and 7.93%, 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.


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Volatility by Period


PIEQXTIVFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.77%

7.93%

-0.16%

Volatility (6M)

Calculated over the trailing 6-month period

11.25%

14.06%

-2.81%

Volatility (1Y)

Calculated over the trailing 1-year period

17.27%

19.68%

-2.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.09%

18.21%

-2.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.71%

17.40%

-0.69%