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PRASX vs. VWO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRASX and VWO is 0.61, 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.


Performance

PRASX vs. VWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price New Asia Fund (PRASX) and Vanguard FTSE Emerging Markets ETF (VWO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PRASX:

0.45

VWO:

0.65

Sortino Ratio

PRASX:

0.85

VWO:

1.14

Omega Ratio

PRASX:

1.11

VWO:

1.15

Calmar Ratio

PRASX:

0.21

VWO:

0.70

Martin Ratio

PRASX:

1.42

VWO:

2.28

Ulcer Index

PRASX:

6.61%

VWO:

5.89%

Daily Std Dev

PRASX:

18.06%

VWO:

18.60%

Max Drawdown

PRASX:

-80.70%

VWO:

-67.68%

Current Drawdown

PRASX:

-35.07%

VWO:

-3.36%

Returns By Period

In the year-to-date period, PRASX achieves a 6.81% return, which is significantly lower than VWO's 8.56% return. Over the past 10 years, PRASX has underperformed VWO with an annualized return of 1.01%, while VWO has yielded a comparatively higher 3.75% annualized return.


PRASX

YTD

6.81%

1M

10.37%

6M

6.26%

1Y

8.04%

5Y*

1.29%

10Y*

1.01%

VWO

YTD

8.56%

1M

9.79%

6M

7.63%

1Y

11.99%

5Y*

9.30%

10Y*

3.75%

*Annualized

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PRASX vs. VWO - Expense Ratio Comparison

PRASX has a 0.99% expense ratio, which is higher than VWO's 0.08% expense ratio.


Risk-Adjusted Performance

PRASX vs. VWO — Risk-Adjusted Performance Rank

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

PRASX
The Risk-Adjusted Performance Rank of PRASX is 4545
Overall Rank
The Sharpe Ratio Rank of PRASX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of PRASX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of PRASX is 4848
Omega Ratio Rank
The Calmar Ratio Rank of PRASX is 3535
Calmar Ratio Rank
The Martin Ratio Rank of PRASX is 4646
Martin Ratio Rank

VWO
The Risk-Adjusted Performance Rank of VWO is 6464
Overall Rank
The Sharpe Ratio Rank of VWO is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of VWO is 6767
Sortino Ratio Rank
The Omega Ratio Rank of VWO is 6464
Omega Ratio Rank
The Calmar Ratio Rank of VWO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VWO is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PRASX vs. VWO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price New Asia Fund (PRASX) and Vanguard FTSE Emerging Markets ETF (VWO). 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.


The current PRASX Sharpe Ratio is 0.45, which is lower than the VWO Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of PRASX and VWO, 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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Dividends

PRASX vs. VWO - Dividend Comparison

PRASX's dividend yield for the trailing twelve months is around 0.98%, less than VWO's 2.97% yield.


TTM20242023202220212020201920182017201620152014
PRASX
T. Rowe Price New Asia Fund
0.98%1.05%1.78%0.41%0.29%0.40%0.77%1.48%0.51%0.86%1.31%0.98%
VWO
Vanguard FTSE Emerging Markets ETF
2.97%3.20%3.52%4.11%2.63%1.91%3.24%2.88%2.30%2.52%3.26%2.86%

Drawdowns

PRASX vs. VWO - Drawdown Comparison

The maximum PRASX drawdown since its inception was -80.70%, which is greater than VWO's maximum drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for PRASX and VWO. For additional features, visit the drawdowns tool.


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Volatility

PRASX vs. VWO - Volatility Comparison

T. Rowe Price New Asia Fund (PRASX) and Vanguard FTSE Emerging Markets ETF (VWO) have volatilities of 4.53% and 4.47%, 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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