PREFX vs. TRIGX
PREFX (T. Rowe Price Tax-Efficient Equity Fund) and TRIGX (T.Rowe Price International Value Equity Fund) are both mutual funds - PREFX is a Large Cap Growth Equities fund managed by T. Rowe Price, while TRIGX is a Foreign Large Cap Equities fund managed by T. Rowe Price. Over the past 10 years, PREFX returned 15.98%/yr vs 10.21%/yr for TRIGX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. PREFX charges 0.76%/yr vs 0.89%/yr for TRIGX.
Performance
PREFX vs. TRIGX - Performance Comparison
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Returns By Period
In the year-to-date period, PREFX achieves a 3.71% return, which is significantly lower than TRIGX's 15.77% return. Over the past 10 years, PREFX has outperformed TRIGX with an annualized return of 15.98%, while TRIGX has yielded a comparatively lower 10.21% annualized return.
PREFX
- 1D
- 0.86%
- 1M
- -0.73%
- 6M
- 4.53%
- YTD
- 3.71%
- 1Y
- 11.61%
- 3Y*
- 19.47%
- 5Y*
- 9.82%
- 10Y*
- 15.98%
- ALL TIME*
- 10.14%
TRIGX
- 1D
- -0.61%
- 1M
- 3.03%
- 6M
- 7.54%
- YTD
- 15.77%
- 1Y
- 33.01%
- 3Y*
- 23.00%
- 5Y*
- 14.86%
- 10Y*
- 10.21%
- ALL TIME*
- 6.70%
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 |
PREFX vs. TRIGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PREFX T. Rowe Price Tax-Efficient Equity Fund | 3.71% | 16.30% | 32.37% | 36.98% | -30.52% | 22.19% | 35.32% | 36.59% | -0.46% | 28.80% |
TRIGX T.Rowe Price International Value Equity Fund | 15.77% | 43.90% | 7.85% | 19.18% | -8.45% | 12.77% | 1.63% | 20.89% | -18.22% | 18.34% |
Correlation
The correlation between PREFX and TRIGX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.68 |
The correlation between PREFX and TRIGX shifts across timeframes, from 0.55 (3 years) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PREFX vs. TRIGX — Risk / Return Rank
PREFX
TRIGX
PREFX vs. TRIGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Tax-Efficient Equity Fund (PREFX) and T.Rowe Price International Value Equity Fund (TRIGX). 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.
| PREFX | TRIGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.39 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 2.69 | -2.09 |
| Martin ratioReturn relative to average drawdown | 1.92 | 9.60 | -7.68 |
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Drawdowns
PREFX vs. TRIGX - Drawdown Comparison
The maximum PREFX drawdown since its inception was -56.70%, smaller than the maximum TRIGX drawdown of -62.28%. Use the drawdown chart below to compare losses from any high point for PREFX and TRIGX.
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Drawdown Indicators
| PREFX | TRIGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.70% | -62.28% | +5.58% |
Max Drawdown (1Y)Largest decline over 1 year | -16.18% | -12.16% | -4.02% |
Max Drawdown (3Y)Largest decline over 3 years | -23.06% | -14.25% | -8.81% |
Max Drawdown (5Y)Largest decline over 5 years | -35.95% | -27.37% | -8.58% |
Max Drawdown (10Y)Largest decline over 10 years | -35.95% | -41.94% | +5.99% |
Current DrawdownCurrent decline from peak | -4.79% | -0.61% | -4.18% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -12.59% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.03% | 3.40% | +1.63% |
Volatility
PREFX vs. TRIGX - Volatility Comparison
T. Rowe Price Tax-Efficient Equity Fund (PREFX) has a higher volatility of 5.03% compared to T.Rowe Price International Value Equity Fund (TRIGX) at 4.59%. This indicates that PREFX's price experiences larger fluctuations and is considered to be riskier than TRIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PREFX | TRIGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.03% | 4.59% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 13.69% | 13.47% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.09% | 15.53% | +1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.86% | 15.96% | +5.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.30% | 16.75% | +4.55% |
PREFX vs. TRIGX - Expense Ratio Comparison
PREFX has a 0.76% expense ratio, which is lower than TRIGX's 0.89% expense ratio.
Dividends
PREFX vs. TRIGX - Dividend Comparison
PREFX has not paid dividends to shareholders, while TRIGX's dividend yield for the trailing twelve months is around 2.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PREFX T. Rowe Price Tax-Efficient Equity Fund | 0.00% | 0.00% | 0.85% | 0.61% | 0.88% | 2.09% | 1.98% | 0.94% | 1.36% | 2.82% | 0.22% | 0.55% |
TRIGX T.Rowe Price International Value Equity Fund | 2.40% | 2.78% | 2.58% | 2.66% | 2.98% | 2.49% | 1.34% | 2.82% | 2.49% | 0.26% | 2.65% | 2.07% |
Frequently Asked Questions
PREFX and TRIGX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PREFX has higher volatility (5.03%) compared to TRIGX (4.59%). In terms of maximum drawdown, PREFX dropped -56.70% vs TRIGX's -62.28%.
TRIGX currently has the higher Sharpe Ratio (2.11 vs 0.57), 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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