Correlation
The correlation between PRESX and PRWAX is 0.57, 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.
PRESX vs. PRWAX
Compare and contrast key facts about T. Rowe Price European Stock Fund (PRESX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
PRESX is managed by T. Rowe Price. It was launched on Feb 27, 1990. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRESX or PRWAX.
Performance
PRESX vs. PRWAX - Performance Comparison
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Key characteristics
PRESX:
0.22
PRWAX:
0.53
PRESX:
0.46
PRWAX:
0.87
PRESX:
1.06
PRWAX:
1.12
PRESX:
0.22
PRWAX:
0.55
PRESX:
0.70
PRWAX:
2.03
PRESX:
6.24%
PRWAX:
5.15%
PRESX:
17.06%
PRWAX:
19.43%
PRESX:
-65.51%
PRWAX:
-55.06%
PRESX:
-2.97%
PRWAX:
-3.91%
Returns By Period
In the year-to-date period, PRESX achieves a 16.43% return, which is significantly higher than PRWAX's 1.21% return. Over the past 10 years, PRESX has underperformed PRWAX with an annualized return of 4.02%, while PRWAX has yielded a comparatively higher 15.50% annualized return.
PRESX
16.43%
5.59%
11.31%
3.76%
7.74%
7.80%
4.02%
PRWAX
1.21%
6.51%
-1.69%
10.26%
15.17%
16.29%
15.50%
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PRESX vs. PRWAX - Expense Ratio Comparison
PRESX has a 1.03% expense ratio, which is higher than PRWAX's 0.76% expense ratio.
Risk-Adjusted Performance
PRESX vs. PRWAX — Risk-Adjusted Performance Rank
PRESX
PRWAX
PRESX vs. PRWAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price European Stock Fund (PRESX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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.
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Dividends
PRESX vs. PRWAX - Dividend Comparison
PRESX's dividend yield for the trailing twelve months is around 5.89%, less than PRWAX's 9.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRESX T. Rowe Price European Stock Fund | 5.89% | 6.85% | 3.77% | 1.32% | 3.96% | 0.86% | 1.59% | 2.67% | 2.08% | 3.03% | 3.20% | 1.66% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 9.11% | 9.22% | 5.10% | 3.11% | 20.51% | 15.44% | 7.01% | 12.58% | 12.30% | 6.19% | 8.84% | 14.73% |
Drawdowns
PRESX vs. PRWAX - Drawdown Comparison
The maximum PRESX drawdown since its inception was -65.51%, which is greater than PRWAX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for PRESX and PRWAX.
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Volatility
PRESX vs. PRWAX - Volatility Comparison
The current volatility for T. Rowe Price European Stock Fund (PRESX) is 3.16%, while T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a volatility of 4.15%. This indicates that PRESX experiences smaller price fluctuations and is considered to be less risky than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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