PRESX vs. ANWPX
Compare and contrast key facts about T. Rowe Price European Stock Fund (PRESX) and American Funds New Perspective Fund Class A (ANWPX).
PRESX is managed by T. Rowe Price. It was launched on Feb 27, 1990. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRESX or ANWPX.
Performance
PRESX vs. ANWPX - Performance Comparison
Returns By Period
In the year-to-date period, PRESX achieves a 1.75% return, which is significantly lower than ANWPX's 17.39% return. Over the past 10 years, PRESX has underperformed ANWPX with an annualized return of 3.95%, while ANWPX has yielded a comparatively higher 11.13% annualized return.
PRESX
1.75%
-4.99%
-7.09%
5.42%
4.70%
3.95%
ANWPX
17.39%
0.68%
6.20%
23.89%
12.28%
11.13%
Key characteristics
| PRESX | ANWPX | |
|---|---|---|
| Sharpe Ratio | 0.41 | 1.91 |
| Sortino Ratio | 0.65 | 2.64 |
| Omega Ratio | 1.08 | 1.35 |
| Calmar Ratio | 0.35 | 1.57 |
| Martin Ratio | 1.63 | 11.98 |
| Ulcer Index | 3.33% | 1.99% |
| Daily Std Dev | 13.36% | 12.49% |
| Max Drawdown | -59.86% | -50.43% |
| Current Drawdown | -10.34% | -1.65% |
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PRESX vs. ANWPX - Expense Ratio Comparison
PRESX has a 1.03% expense ratio, which is higher than ANWPX's 0.72% expense ratio.
Correlation
The correlation between PRESX and ANWPX is 0.80, 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.
Risk-Adjusted Performance
PRESX vs. ANWPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price European Stock Fund (PRESX) and American Funds New Perspective Fund Class A (ANWPX). 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.
Dividends
PRESX vs. ANWPX - Dividend Comparison
PRESX's dividend yield for the trailing twelve months is around 1.75%, more than ANWPX's 0.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRESX T. Rowe Price European Stock Fund | 1.75% | 1.78% | 1.32% | 0.85% | 0.86% | 1.59% | 2.67% | 2.08% | 3.03% | 1.65% | 1.66% | 1.21% |
ANWPX American Funds New Perspective Fund Class A | 0.80% | 0.94% | 0.84% | 0.33% | 0.13% | 1.01% | 1.18% | 0.45% | 0.82% | 0.72% | 7.58% | 6.26% |
Drawdowns
PRESX vs. ANWPX - Drawdown Comparison
The maximum PRESX drawdown since its inception was -59.86%, which is greater than ANWPX's maximum drawdown of -50.43%. Use the drawdown chart below to compare losses from any high point for PRESX and ANWPX. For additional features, visit the drawdowns tool.
Volatility
PRESX vs. ANWPX - Volatility Comparison
T. Rowe Price European Stock Fund (PRESX) has a higher volatility of 4.10% compared to American Funds New Perspective Fund Class A (ANWPX) at 3.35%. This indicates that PRESX's price experiences larger fluctuations and is considered to be riskier than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.