PRASX vs. GEV
PRASX (T. Rowe Price New Asia Fund) is Asia Pacific Equities fund managed by T. Rowe Price, while GEV (GE Vernova Inc.) is a stock. Over the past year, PRASX returned 41.76% vs 93.90% for GEV. At a 0.39 correlation, their price movements are largely independent.
Performance
PRASX vs. GEV - Performance Comparison
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Returns By Period
In the year-to-date period, PRASX achieves a 24.07% return, which is significantly lower than GEV's 59.82% return.
PRASX
- 1D
- -0.23%
- 1M
- -0.83%
- 6M
- 17.17%
- YTD
- 24.07%
- 1Y
- 41.76%
- 3Y*
- 18.07%
- 5Y*
- 4.03%
- 10Y*
- 8.95%
GEV
- 1D
- -4.49%
- 1M
- 10.89%
- 6M
- 63.15%
- YTD
- 59.82%
- 1Y
- 93.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRASX vs. GEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PRASX T. Rowe Price New Asia Fund | 24.07% | 26.60% | 6.43% |
GEV GE Vernova Inc. | 59.82% | 99.02% | 186.24% |
Correlation
The correlation between PRASX and GEV is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.39 |
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Return for Risk
PRASX vs. GEV — Risk / Return Rank
PRASX
GEV
PRASX vs. GEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Asia Fund (PRASX) and GE Vernova Inc. (GEV). 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 | GEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.31 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 3.84 | -0.94 |
| Martin ratioReturn relative to average drawdown | 10.19 | 10.97 | -0.78 |
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Drawdowns
PRASX vs. GEV - Drawdown Comparison
The maximum PRASX drawdown since its inception was -70.53%, which is greater than GEV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for PRASX and GEV.
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Drawdown Indicators
| PRASX | GEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.53% | -38.29% | -32.24% |
Max Drawdown (1Y)Largest decline over 1 year | -14.39% | -24.57% | +10.18% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.20% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.07% | — | — |
Current DrawdownCurrent decline from peak | -6.34% | -11.26% | +4.92% |
Average DrawdownAverage peak-to-trough decline | -18.49% | -6.99% | -11.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.09% | 8.59% | -4.50% |
Volatility
PRASX vs. GEV - Volatility Comparison
The current volatility for T. Rowe Price New Asia Fund (PRASX) is 12.25%, while GE Vernova Inc. (GEV) has a volatility of 19.86%. This indicates that PRASX experiences smaller price fluctuations and is considered to be less risky than GEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRASX | GEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.25% | 19.86% | -7.61% |
Volatility (6M)Calculated over the trailing 6-month period | 21.48% | 35.95% | -14.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.64% | 52.08% | -28.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.00% | 54.17% | -34.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.75% | 54.17% | -35.42% |
Dividends
PRASX vs. GEV - Dividend Comparison
PRASX's dividend yield for the trailing twelve months is around 0.50%, more than GEV's 0.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEV GE Vernova Inc. | 0.19% | 0.11% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRASX T. Rowe Price New Asia Fund | 0.50% | 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 GEV have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEV has higher volatility (19.86%) compared to PRASX (12.25%). In terms of maximum drawdown, PRASX dropped -70.53% vs GEV's -38.29%.
GEV currently has the higher Sharpe Ratio (1.82 vs 1.77), 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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