PRGSX vs. GQFPX

Last updated Aug 1, 2026

PRGSX (T. Rowe Price Global Stock Fund) and GQFPX (GQG Partners Global Quality Dividend Income Fund) are both mutual funds - PRGSX is a Global Equities fund tracking the MSCI All Country World Index Net, while GQFPX is a Quality Factor fund managed by GQG Partners. Over the past 5 years, PRGSX returned 8.00%/yr vs 10.72%/yr for GQFPX. Their 0.51 correlation means they have sometimes moved together and sometimes differently. PRGSX charges 0.81%/yr vs 0.86%/yr for GQFPX.

Performance

PRGSX vs. GQFPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Stock Fund (PRGSX) and GQG Partners Global Quality Dividend Income Fund (GQFPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRGSX achieves a 14.53% return, which is significantly higher than GQFPX's 11.60% return.

PRGSX

• 1D: 3.74%
• 1M: -4.07%
• 6M: 9.43%
• YTD: 14.53%
• 1Y: 29.00%
• 3Y*: 19.13%
• 5Y*: 8.00%
• 10Y*: 15.65%
• ALL TIME*: 10.07%

GQFPX

• 1D: -0.07%
• 1M: 3.13%
• 6M: 4.87%
• YTD: 11.60%
• 1Y: 18.02%
• 3Y*: 13.78%
• 5Y*: 10.72%
• 10Y*: —
• ALL TIME*: 10.59%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GQFPX GQG Partners Global Quality Dividend Income Fund	$0.00	$0.00	$0.00
PRGSX T. Rowe Price Global Stock Fund	$0.00	$0.00	$0.00

PRGSX vs. GQFPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PRGSX T. Rowe Price Global Stock Fund	14.53%	21.42%	16.80%	25.70%	-28.01%	-0.33%
GQFPX GQG Partners Global Quality Dividend Income Fund	11.60%	19.29%	4.81%	15.09%	-1.13%	5.03%

Correlation

The correlation between PRGSX and GQFPX is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.04
Correlation (3Y) Balances recent behavior with more history.	0.36
Correlation (5Y) Shows whether the relationship held over a longer period.	0.51
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021	0.51

The correlation between PRGSX and GQFPX shifts across timeframes, from -0.04 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PRGSX vs. GQFPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRGSX

PRGSX Risk / Return Rank: 51
PRGSX Sharpe Ratio Rank: 46
PRGSX Sortino Ratio Rank: 43
PRGSX Omega Ratio Rank: 43
PRGSX Calmar Ratio Rank: 65
PRGSX Martin Ratio Rank: 55

GQFPX

GQFPX Risk / Return Rank: 70
GQFPX Sharpe Ratio Rank: 74
GQFPX Sortino Ratio Rank: 73
GQFPX Omega Ratio Rank: 68
GQFPX Calmar Ratio Rank: 83
GQFPX Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRGSX vs. GQFPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Stock Fund (PRGSX) and GQG Partners Global Quality Dividend Income Fund (GQFPX). 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.

	PRGSX	GQFPX	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.73	-0.48
Sortino ratio: Return per unit of downside risk	1.75	2.48	-0.73
Omega ratio: Gain probability vs. loss probability	1.22	1.30	-0.07
Calmar ratio: Return relative to maximum drawdown	2.08	2.80	-0.72
Martin ratio: Return relative to average drawdown	7.18	7.14	+0.05

PRGSX vs. GQFPX - Sharpe Ratio Comparison

The current PRGSX Sharpe Ratio is 1.24, which is comparable to the GQFPX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of PRGSX and GQFPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRGSX vs. GQFPX - Drawdown Comparison

The maximum PRGSX drawdown since its inception was -64.06%, which is greater than GQFPX's maximum drawdown of -16.95%. Use the drawdown chart below to compare losses from any high point for PRGSX and GQFPX.

Drawdown Indicators

	PRGSX	GQFPX	Difference
Max Drawdown Largest peak-to-trough decline	-64.06%	-16.95%	-47.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-6.28%	-6.49%
Max Drawdown (3Y) Largest decline over 3 years	-21.13%	-10.57%	-10.56%
Max Drawdown (5Y) Largest decline over 5 years	-38.11%	-16.95%	-21.16%
Max Drawdown (10Y) Largest decline over 10 years	-38.11%	—	—
Current Drawdown Current decline from peak	-8.04%	-1.46%	-6.58%
Average Drawdown Average peak-to-trough decline	-13.43%	-3.03%	-10.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	2.45%	+1.25%

Volatility

PRGSX vs. GQFPX - Volatility Comparison

T. Rowe Price Global Stock Fund (PRGSX) has a higher volatility of 7.51% compared to GQG Partners Global Quality Dividend Income Fund (GQFPX) at 3.28%. This indicates that PRGSX's price experiences larger fluctuations and is considered to be riskier than GQFPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRGSX	GQFPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	3.28%	+4.23%
Volatility (6M) Calculated over the trailing 6-month period	18.46%	8.32%	+10.14%
Volatility (1Y) Calculated over the trailing 1-year period	21.37%	10.18%	+11.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.29%	12.78%	+7.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	12.81%	+7.16%

PRGSX vs. GQFPX - Expense Ratio Comparison

PRGSX has a 0.81% expense ratio, which is lower than GQFPX's 0.86% expense ratio.

Dividends

PRGSX vs. GQFPX - Dividend Comparison

PRGSX's dividend yield for the trailing twelve months is around 8.38%, more than GQFPX's 5.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQFPX GQG Partners Global Quality Dividend Income Fund	5.52%	5.32%	3.71%	3.69%	5.18%	1.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PRGSX T. Rowe Price Global Stock Fund	8.38%	9.60%	6.73%	0.27%	0.00%	13.67%	5.67%	2.21%	5.81%	0.03%	0.63%	0.33%

Frequently Asked Questions

Can I hold both PRGSX and GQFPX in my portfolio?

PRGSX and GQFPX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRGSX or GQFPX?

PRGSX has higher volatility (7.51%) compared to GQFPX (3.28%). In terms of maximum drawdown, PRGSX dropped -64.06% vs GQFPX's -16.95%.

Which has better risk-adjusted returns?

GQFPX currently has the higher Sharpe Ratio (1.73 vs 1.24), 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.