PRESX vs. RPICX

Last updated Apr 2, 2026

Compare and contrast key facts about T. Rowe Price European Stock Fund (PRESX) and T. Rowe Price Institutional International Disciplined Equity Fund (RPICX).

PRESX is managed by T. Rowe Price. It was launched on Feb 27, 1990. RPICX is managed by T. Rowe Price. It was launched on Jul 27, 2010.

Performance

PRESX vs. RPICX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price European Stock Fund (PRESX) and T. Rowe Price Institutional International Disciplined Equity Fund (RPICX). The values are adjusted to include any dividend payments, if applicable.

PRESX vs. RPICX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRESX T. Rowe Price European Stock Fund	-4.47%	21.46%	1.83%	19.07%	-21.76%	14.81%	12.53%	26.89%	-12.74%	25.74%
RPICX T. Rowe Price Institutional International Disciplined Equity Fund	0.00%	0.00%	8.78%	17.23%	-10.26%	5.14%	4.57%	23.46%	-10.41%	21.67%

Returns By Period

PRESX

• 1D: 2.92%
• 1M: -7.24%
• YTD: -4.47%
• 6M: -2.18%
• 1Y: 7.44%
• 3Y*: 8.42%
• 5Y*: 3.89%
• 10Y*: 6.45%

RPICX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRESX vs. RPICX - Expense Ratio Comparison

PRESX has a 1.03% expense ratio, which is higher than RPICX's 0.75% expense ratio.

PRESX

T. Rowe Price European Stock Fund

RPICX

T. Rowe Price Institutional International Disciplined Equity Fund

Return for Risk

PRESX vs. RPICX — Risk / Return Rank

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

PRESX

PRESX Risk / Return Rank: 14
PRESX Sharpe Ratio Rank: 14
PRESX Sortino Ratio Rank: 14
PRESX Omega Ratio Rank: 13
PRESX Calmar Ratio Rank: 15
PRESX Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRESX vs. RPICX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price European Stock Fund (PRESX) and T. Rowe Price Institutional International Disciplined Equity Fund (RPICX). 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.

	PRESX	RPICX	Difference
Sharpe ratio Return per unit of total volatility	0.45	—	—
Sortino ratio Return per unit of downside risk	0.72	—	—
Omega ratio Gain probability vs. loss probability	1.10	—	—
Calmar ratio Return relative to maximum drawdown	0.52	—	—
Martin ratio Return relative to average drawdown	1.83	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PRESX	RPICX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	—	—

Correlation

The correlation between PRESX and RPICX is 0.88, 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.

Dividends

PRESX vs. RPICX - Dividend Comparison

PRESX's dividend yield for the trailing twelve months is around 11.24%, while RPICX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRESX T. Rowe Price European Stock Fund	11.24%	10.74%	6.85%	3.77%	1.32%	3.96%	0.86%	1.59%	2.67%	2.08%	3.03%	3.20%
RPICX T. Rowe Price Institutional International Disciplined Equity Fund	0.00%	0.00%	3.48%	2.79%	0.84%	3.15%	2.70%	3.61%	19.04%	6.08%	1.68%	2.37%

Drawdowns

Drawdown Indicators

	PRESX	RPICX	Difference
Max Drawdown Largest peak-to-trough decline	-59.86%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.78%	—	—
Current Drawdown Current decline from peak	-9.55%	—	—
Average Drawdown Average peak-to-trough decline	-12.03%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	—	—

Volatility

Volatility by Period

	PRESX	RPICX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.85%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.72%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.84%	—	—