PRGSX vs. GSIFX

Last updated Aug 4, 2026

PRGSX (T. Rowe Price Global Stock Fund) and GSIFX (Goldman Sachs International Equity ESG Fund Class A) are both mutual funds - PRGSX is a Global Equities fund tracking the MSCI All Country World Index Net, while GSIFX is a Foreign Large Cap Equities fund managed by Goldman Sachs. Over the past 10 years, PRGSX returned 15.78%/yr vs 9.68%/yr for GSIFX. Their correlation of 0.81 means they have usually moved in the same direction. PRGSX charges 0.81%/yr vs 1.35%/yr for GSIFX.

Performance

PRGSX vs. GSIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Stock Fund (PRGSX) and Goldman Sachs International Equity ESG Fund Class A (GSIFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRGSX achieves a 15.19% return, which is significantly higher than GSIFX's 7.23% return. Over the past 10 years, PRGSX has outperformed GSIFX with an annualized return of 15.78%, while GSIFX has yielded a comparatively lower 9.68% annualized return.

PRGSX

• 1D: 0.58%
• 1M: -3.52%
• 6M: 9.47%
• YTD: 15.19%
• 1Y: 29.75%
• 3Y*: 19.60%
• 5Y*: 8.12%
• 10Y*: 15.78%
• ALL TIME*: 10.09%

GSIFX

• 1D: -0.55%
• 1M: -0.89%
• 6M: 4.37%
• YTD: 7.23%
• 1Y: 16.68%
• 3Y*: 11.24%
• 5Y*: 6.15%
• 10Y*: 9.68%
• ALL TIME*: 5.84%

*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)
GSIFX Goldman Sachs International Equity ESG Fund Class A	$0.00	$0.00	$0.00
PRGSX T. Rowe Price Global Stock Fund	$0.00	$0.00	$0.00

PRGSX vs. GSIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRGSX T. Rowe Price Global Stock Fund	15.19%	21.42%	16.80%	25.70%	-28.01%	9.81%	52.29%	35.84%	-4.51%	32.64%
GSIFX Goldman Sachs International Equity ESG Fund Class A	7.23%	25.51%	0.33%	15.44%	-17.69%	16.23%	22.89%	27.68%	-14.85%	25.29%

Correlation

The correlation between PRGSX and GSIFX is 0.73, 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.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.78
Correlation (10Y) Provides a long-term view across more market conditions.	0.78
Correlation (All Time) Calculated using the full available price history since Jan 2, 1996	0.81

The correlation between PRGSX and GSIFX has been stable across timeframes, ranging from 0.71 to 0.81 - a consistent structural relationship.

Return for Risk

PRGSX vs. GSIFX — Risk / Return Rank

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

PRGSX

PRGSX Risk / Return Rank: 45
PRGSX Sharpe Ratio Rank: 41
PRGSX Sortino Ratio Rank: 38
PRGSX Omega Ratio Rank: 39
PRGSX Calmar Ratio Rank: 59
PRGSX Martin Ratio Rank: 51

GSIFX

GSIFX Risk / Return Rank: 29
GSIFX Sharpe Ratio Rank: 29
GSIFX Sortino Ratio Rank: 28
GSIFX Omega Ratio Rank: 28
GSIFX Calmar Ratio Rank: 28
GSIFX Martin Ratio Rank: 33

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. GSIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Stock Fund (PRGSX) and Goldman Sachs International Equity ESG Fund Class A (GSIFX). 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	GSIFX	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.03	+0.27
Sortino ratio: Return per unit of downside risk	1.81	1.52	+0.29
Omega ratio: Gain probability vs. loss probability	1.23	1.19	+0.05
Calmar ratio: Return relative to maximum drawdown	2.17	1.35	+0.83
Martin ratio: Return relative to average drawdown	7.44	5.19	+2.25

PRGSX vs. GSIFX - Sharpe Ratio Comparison

The current PRGSX Sharpe Ratio is 1.30, which is comparable to the GSIFX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of PRGSX and GSIFX, 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. GSIFX - Drawdown Comparison

The maximum PRGSX drawdown since its inception was -64.06%, which is greater than GSIFX's maximum drawdown of -59.25%. Use the drawdown chart below to compare losses from any high point for PRGSX and GSIFX.

Drawdown Indicators

	PRGSX	GSIFX	Difference
Max Drawdown Largest peak-to-trough decline	-64.06%	-59.25%	-4.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-12.15%	-0.62%
Max Drawdown (3Y) Largest decline over 3 years	-21.13%	-13.56%	-7.57%
Max Drawdown (5Y) Largest decline over 5 years	-38.11%	-31.94%	-6.17%
Max Drawdown (10Y) Largest decline over 10 years	-38.11%	-35.00%	-3.11%
Current Drawdown Current decline from peak	-7.51%	-1.38%	-6.13%
Average Drawdown Average peak-to-trough decline	-13.43%	-15.16%	+1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	3.15%	+0.58%

Volatility

PRGSX vs. GSIFX - Volatility Comparison

T. Rowe Price Global Stock Fund (PRGSX) has a higher volatility of 7.35% compared to Goldman Sachs International Equity ESG Fund Class A (GSIFX) at 4.25%. This indicates that PRGSX's price experiences larger fluctuations and is considered to be riskier than GSIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRGSX	GSIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.35%	4.25%	+3.10%
Volatility (6M) Calculated over the trailing 6-month period	18.46%	13.16%	+5.30%
Volatility (1Y) Calculated over the trailing 1-year period	21.37%	15.88%	+5.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.29%	17.00%	+3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	17.12%	+2.85%

PRGSX vs. GSIFX - Expense Ratio Comparison

PRGSX has a 0.81% expense ratio, which is lower than GSIFX's 1.35% expense ratio.

Dividends

PRGSX vs. GSIFX - Dividend Comparison

PRGSX's dividend yield for the trailing twelve months is around 8.34%, more than GSIFX's 2.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSIFX Goldman Sachs International Equity ESG Fund Class A	2.04%	2.18%	2.30%	1.37%	0.82%	6.29%	0.00%	1.67%	1.45%	1.25%	2.79%	1.16%
PRGSX T. Rowe Price Global Stock Fund	8.34%	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 GSIFX in my portfolio?

PRGSX and GSIFX have a correlation of 0.73, 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 GSIFX?

PRGSX has higher volatility (7.35%) compared to GSIFX (4.25%). In terms of maximum drawdown, PRGSX dropped -64.06% vs GSIFX's -59.25%.

Which has better risk-adjusted returns?

PRGSX currently has the higher Sharpe Ratio (1.30 vs 1.03), 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.