PRASX vs. PREIX
Compare and contrast key facts about T. Rowe Price New Asia Fund (PRASX) and T. Rowe Price Equity Index 500 Fund (PREIX).
PRASX is managed by T. Rowe Price. It was launched on Sep 27, 1990. PREIX is managed by T. Rowe Price. It was launched on Mar 30, 1990.
Performance
PRASX vs. PREIX - Performance Comparison
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PRASX vs. PREIX - 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% |
PREIX T. Rowe Price Equity Index 500 Fund | -7.11% | 19.24% | 24.78% | 26.07% | -18.27% | 28.48% | 18.17% | 31.47% | -4.59% | 21.01% |
Returns By Period
In the year-to-date period, PRASX achieves a -2.85% return, which is significantly higher than PREIX's -7.11% return. Over the past 10 years, PRASX has underperformed PREIX with an annualized return of 6.90%, while PREIX has yielded a comparatively higher 13.66% 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%
PREIX
- 1D
- -0.39%
- 1M
- -7.70%
- YTD
- -7.11%
- 6M
- -3.40%
- 1Y
- 15.76%
- 3Y*
- 17.48%
- 5Y*
- 11.51%
- 10Y*
- 13.66%
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PRASX vs. PREIX - Expense Ratio Comparison
PRASX has a 0.99% expense ratio, which is higher than PREIX's 0.15% expense ratio.
Return for Risk
PRASX vs. PREIX — Risk / Return Rank
PRASX
PREIX
PRASX vs. PREIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Asia Fund (PRASX) and T. Rowe Price Equity Index 500 Fund (PREIX). 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 | PREIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 0.91 | +0.19 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.40 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.22 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.16 | +0.12 |
Martin ratioReturn relative to average drawdown | 5.10 | 5.66 | -0.56 |
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 | PREIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 0.91 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.68 | -0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.76 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.59 | -0.17 |
Correlation
The correlation between PRASX and PREIX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PRASX vs. PREIX - Dividend Comparison
PRASX's dividend yield for the trailing twelve months is around 0.64%, less than PREIX's 3.97% yield.
| 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% |
PREIX T. Rowe Price Equity Index 500 Fund | 3.97% | 3.66% | 1.17% | 1.32% | 1.50% | 1.56% | 1.97% | 2.13% | 2.60% | 1.30% | 2.03% | 2.02% |
Drawdowns
PRASX vs. PREIX - Drawdown Comparison
The maximum PRASX drawdown since its inception was -70.53%, which is greater than PREIX's maximum drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for PRASX and PREIX.
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Drawdown Indicators
| PRASX | PREIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.53% | -55.32% | -15.21% |
Max Drawdown (1Y)Largest decline over 1 year | -14.39% | -12.12% | -2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -42.27% | -24.60% | -17.67% |
Max Drawdown (10Y)Largest decline over 10 years | -45.07% | -33.81% | -11.26% |
Current DrawdownCurrent decline from peak | -14.39% | -8.93% | -5.46% |
Average DrawdownAverage peak-to-trough decline | -18.61% | -8.76% | -9.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 2.49% | +1.14% |
Volatility
PRASX vs. PREIX - Volatility Comparison
T. Rowe Price New Asia Fund (PRASX) has a higher volatility of 9.05% compared to T. Rowe Price Equity Index 500 Fund (PREIX) at 4.25%. This indicates that PRASX's price experiences larger fluctuations and is considered to be riskier than PREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRASX | PREIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.05% | 4.25% | +4.80% |
Volatility (6M)Calculated over the trailing 6-month period | 14.28% | 9.03% | +5.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.76% | 18.09% | +0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 16.95% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.00% | 18.06% | -0.06% |