PRASX vs. DFJSX
PRASX (T. Rowe Price New Asia Fund) and DFJSX (DFA Japanese Small Company Portfolio) are both mutual funds - PRASX is a Asia Pacific Equities fund managed by T. Rowe Price, while DFJSX is a Japan Equities fund managed by Dimensional. Over the past 10 years, PRASX returned 8.00%/yr vs 8.64%/yr for DFJSX. Their 0.38 correlation means their historical movements had little consistent relationship. PRASX charges 0.99%/yr vs 0.42%/yr for DFJSX.
Performance
PRASX vs. DFJSX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with PRASX having a 16.00% return and DFJSX slightly higher at 16.18%. Over the past 10 years, PRASX has underperformed DFJSX with an annualized return of 8.00%, while DFJSX has yielded a comparatively higher 8.64% annualized return.
PRASX
- 1D
- 4.13%
- 1M
- -4.46%
- 6M
- 9.16%
- YTD
- 16.00%
- 1Y
- 33.18%
- 3Y*
- 14.21%
- 5Y*
- 3.53%
- 10Y*
- 8.00%
- ALL TIME*
- 8.68%
DFJSX
- 1D
- 3.85%
- 1M
- 1.29%
- 6M
- 9.56%
- YTD
- 16.18%
- 1Y
- 27.62%
- 3Y*
- 19.22%
- 5Y*
- 10.00%
- 10Y*
- 8.64%
- ALL TIME*
- 6.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRASX vs. DFJSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRASX T. Rowe Price New Asia Fund | 16.00% | 26.60% | 6.97% | 0.83% | -22.60% | -4.33% | 29.56% | 26.75% | -15.13% | 40.64% |
DFJSX DFA Japanese Small Company Portfolio | 16.18% | 31.65% | 4.35% | 17.08% | -11.36% | -0.39% | 3.78% | 18.23% | -19.56% | 35.69% |
Correlation
The correlation between PRASX and DFJSX is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1991 | 0.38 |
The correlation between PRASX and DFJSX shifts across timeframes, from 0.38 (all time) to 0.48 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
PRASX vs. DFJSX — Risk / Return Rank
PRASX
DFJSX
PRASX vs. DFJSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Asia Fund (PRASX) and DFA Japanese Small Company Portfolio (DFJSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRASX | DFJSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 2.43 | -0.53 |
| Martin ratioReturn relative to average drawdown | 6.26 | 7.29 | -1.04 |
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Drawdowns
PRASX vs. DFJSX - Drawdown Comparison
The maximum PRASX drawdown since its inception was -70.53%, smaller than the maximum DFJSX drawdown of -76.17%. Use the drawdown chart below to compare losses from any high point for PRASX and DFJSX.
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Drawdown Indicators
| PRASX | DFJSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.53% | -76.17% | +5.64% |
Max Drawdown (1Y)Largest decline over 1 year | -15.91% | -12.53% | -3.38% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | -13.31% | -5.03% |
Max Drawdown (5Y)Largest decline over 5 years | -39.37% | -31.39% | -7.98% |
Max Drawdown (10Y)Largest decline over 10 years | -45.07% | -40.32% | -4.75% |
Current DrawdownCurrent decline from peak | -12.44% | -1.17% | -11.27% |
Average DrawdownAverage peak-to-trough decline | -18.47% | -29.98% | +11.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.82% | 4.15% | +0.67% |
Volatility
PRASX vs. DFJSX - Volatility Comparison
T. Rowe Price New Asia Fund (PRASX) has a higher volatility of 11.21% compared to DFA Japanese Small Company Portfolio (DFJSX) at 6.44%. This indicates that PRASX's price experiences larger fluctuations and is considered to be riskier than DFJSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRASX | DFJSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.21% | 6.44% | +4.77% |
Volatility (6M)Calculated over the trailing 6-month period | 23.11% | 14.01% | +9.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.28% | 17.36% | +7.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.28% | 16.41% | +3.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.96% | 16.64% | +2.32% |
PRASX vs. DFJSX - Expense Ratio Comparison
PRASX has a 0.99% expense ratio, which is higher than DFJSX's 0.42% expense ratio.
Dividends
PRASX vs. DFJSX - Dividend Comparison
PRASX's dividend yield for the trailing twelve months is around 0.54%, less than DFJSX's 3.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFJSX DFA Japanese Small Company Portfolio | 3.00% | 3.49% | 3.16% | 6.45% | 5.44% | 5.26% | 2.14% | 3.98% | 7.50% | 2.41% | 1.97% | 1.38% |
PRASX T. Rowe Price New Asia Fund | 0.54% | 0.62% | 1.05% | 1.77% | 1.96% | 14.22% | 0.46% | 0.77% | 7.23% | 9.15% | 0.46% | 1.31% |
Frequently Asked Questions
PRASX and DFJSX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRASX has higher volatility (11.21%) compared to DFJSX (6.44%). In terms of maximum drawdown, PRASX dropped -70.53% vs DFJSX's -76.17%.
DFJSX currently has the higher Sharpe Ratio (1.75 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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