PRASX vs. FERIX
Compare and contrast key facts about T. Rowe Price New Asia Fund (PRASX) and Fidelity Advisor Emerging Asia Fund Class I (FERIX).
PRASX is managed by T. Rowe Price. It was launched on Sep 27, 1990. FERIX is managed by Fidelity. It was launched on Jun 15, 1999.
Performance
PRASX vs. FERIX - Performance Comparison
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PRASX vs. FERIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRASX T. Rowe Price New Asia Fund | -2.85% | 26.60% | 6.97% | 0.83% | -22.60% | -4.33% | 29.56% | 26.75% | -15.13% | 40.64% |
FERIX Fidelity Advisor Emerging Asia Fund Class I | 0.92% | 37.04% | 20.95% | 13.84% | -30.60% | -14.83% | 72.97% | 31.02% | -14.87% | 45.94% |
Returns By Period
In the year-to-date period, PRASX achieves a -2.85% return, which is significantly lower than FERIX's 0.92% return. Over the past 10 years, PRASX has underperformed FERIX with an annualized return of 6.90%, while FERIX has yielded a comparatively higher 12.65% annualized return.
PRASX
- 1D
- -1.25%
- 1M
- -13.71%
- YTD
- -2.85%
- 6M
- 0.29%
- 1Y
- 20.97%
- 3Y*
- 7.70%
- 5Y*
- -1.30%
- 10Y*
- 6.90%
FERIX
- 1D
- -1.11%
- 1M
- -12.52%
- YTD
- 0.92%
- 6M
- 2.47%
- 1Y
- 34.26%
- 3Y*
- 20.82%
- 5Y*
- 2.42%
- 10Y*
- 12.65%
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PRASX vs. FERIX - Expense Ratio Comparison
PRASX has a 0.99% expense ratio, which is higher than FERIX's 0.94% expense ratio.
Return for Risk
PRASX vs. FERIX — Risk / Return Rank
PRASX
FERIX
PRASX vs. FERIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Asia Fund (PRASX) and Fidelity Advisor Emerging Asia Fund Class I (FERIX). 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.
| PRASX | FERIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 1.65 | -0.54 |
Sortino ratioReturn per unit of downside risk | 1.54 | 2.18 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 2.27 | -0.98 |
Martin ratioReturn relative to average drawdown | 5.10 | 8.22 | -3.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PRASX | FERIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 1.65 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.11 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.61 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.35 | +0.07 |
Correlation
The correlation between PRASX and FERIX is 0.82, 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
PRASX vs. FERIX - Dividend Comparison
PRASX's dividend yield for the trailing twelve months is around 0.64%, while FERIX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRASX T. Rowe Price New Asia Fund | 0.64% | 0.62% | 1.05% | 1.77% | 1.96% | 14.22% | 0.46% | 0.77% | 7.23% | 9.15% | 0.46% | 1.31% |
FERIX Fidelity Advisor Emerging Asia Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 12.49% | 6.58% | 5.30% | 6.70% | 0.03% | 1.29% | 0.82% |
Drawdowns
PRASX vs. FERIX - Drawdown Comparison
The maximum PRASX drawdown since its inception was -70.53%, which is greater than FERIX's maximum drawdown of -60.82%. Use the drawdown chart below to compare losses from any high point for PRASX and FERIX.
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Drawdown Indicators
| PRASX | FERIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.53% | -60.82% | -9.71% |
Max Drawdown (1Y)Largest decline over 1 year | -14.39% | -13.53% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -42.27% | -53.29% | +11.02% |
Max Drawdown (10Y)Largest decline over 10 years | -45.07% | -57.71% | +12.64% |
Current DrawdownCurrent decline from peak | -14.39% | -13.53% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -18.61% | -18.22% | -0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 3.73% | -0.10% |
Volatility
PRASX vs. FERIX - Volatility Comparison
The current volatility for T. Rowe Price New Asia Fund (PRASX) is 9.05%, while Fidelity Advisor Emerging Asia Fund Class I (FERIX) has a volatility of 9.61%. This indicates that PRASX experiences smaller price fluctuations and is considered to be less risky than FERIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRASX | FERIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.05% | 9.61% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 14.28% | 14.64% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.76% | 20.29% | -1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 22.55% | -4.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.00% | 20.70% | -2.70% |