PRGSX vs. OBEGX

Last updated Jun 4, 2026

PRGSX (T. Rowe Price Global Stock Fund) and OBEGX (Oberweis Global Opportunities Fund) are both Global Equities funds. Over the past 10 years, PRGSX returned 16.95%/yr vs 12.03%/yr for OBEGX. A 0.79 correlation means they provide meaningful diversification when combined. PRGSX charges 0.82%/yr vs 1.51%/yr for OBEGX.

Performance

PRGSX vs. OBEGX - Performance Comparison

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

Returns By Period

In the year-to-date period, PRGSX achieves a 23.78% return, which is significantly lower than OBEGX's 28.94% return. Over the past 10 years, PRGSX has outperformed OBEGX with an annualized return of 16.95%, while OBEGX has yielded a comparatively lower 12.03% annualized return.

PRGSX

• 1D: 1.03%
• 1M: 10.17%
• YTD: 23.78%
• 6M: 24.65%
• 1Y: 44.27%
• 3Y*: 24.53%
• 5Y*: 10.12%
• 10Y*: 16.95%

OBEGX

• 1D: 1.71%
• 1M: 7.16%
• YTD: 28.94%
• 6M: 27.03%
• 1Y: 48.45%
• 3Y*: 20.12%
• 5Y*: 6.92%
• 10Y*: 12.03%

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

PRGSX vs. OBEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRGSX T. Rowe Price Global Stock Fund	23.78%	21.42%	16.80%	25.70%	-28.01%	9.81%	52.29%	35.84%	-4.51%	32.64%
OBEGX Oberweis Global Opportunities Fund	28.94%	19.32%	10.72%	6.40%	-26.76%	20.80%	55.68%	25.67%	-25.62%	33.35%

Correlation

The correlation between PRGSX and OBEGX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 3, 1996	0.79

The correlation between PRGSX and OBEGX has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

Return for Risk

PRGSX vs. OBEGX — Risk / Return Rank

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

PRGSX

PRGSX Risk / Return Rank: 69
PRGSX Sharpe Ratio Rank: 73
PRGSX Sortino Ratio Rank: 59
PRGSX Omega Ratio Rank: 61
PRGSX Calmar Ratio Rank: 77
PRGSX Martin Ratio Rank: 75

OBEGX

OBEGX Risk / Return Rank: 73
OBEGX Sharpe Ratio Rank: 72
OBEGX Sortino Ratio Rank: 60
OBEGX Omega Ratio Rank: 56
OBEGX Calmar Ratio Rank: 89
OBEGX Martin Ratio Rank: 85

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.

PRGSX vs. OBEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Stock Fund (PRGSX) and Oberweis Global Opportunities Fund (OBEGX). 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.

	PRGSX	OBEGX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	2.48	0.00
Sortino ratio: Return per unit of downside risk	3.23	3.27	-0.04
Omega ratio: Gain probability vs. loss probability	1.44	1.42	+0.02
Calmar ratio: Return relative to maximum drawdown	3.48	4.50	-1.03
Martin ratio: Return relative to average drawdown	14.22	16.29	-2.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRGSX vs. OBEGX - Sharpe Ratio Comparison

The current PRGSX Sharpe Ratio is 2.48, which is comparable to the OBEGX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of PRGSX and OBEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRGSX	OBEGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	2.48	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.30	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.53	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.24	+0.29

Drawdowns

PRGSX vs. OBEGX - Drawdown Comparison

The maximum PRGSX drawdown since its inception was -64.06%, smaller than the maximum OBEGX drawdown of -83.07%. Use the drawdown chart below to compare losses from any high point for PRGSX and OBEGX.

Drawdown Indicators

	PRGSX	OBEGX	Difference
Max Drawdown Largest peak-to-trough decline	-64.06%	-83.07%	+19.01%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-11.24%	-1.53%
Max Drawdown (3Y) Largest decline over 3 years	-21.13%	-25.41%	+4.28%
Max Drawdown (5Y) Largest decline over 5 years	-38.11%	-39.68%	+1.57%
Max Drawdown (10Y) Largest decline over 10 years	-38.11%	-41.54%	+3.43%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.48%	-33.72%	+20.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	3.10%	+0.01%

Volatility

PRGSX vs. OBEGX - Volatility Comparison

The current volatility for T. Rowe Price Global Stock Fund (PRGSX) is 5.50%, while Oberweis Global Opportunities Fund (OBEGX) has a volatility of 6.92%. This indicates that PRGSX experiences smaller price fluctuations and is considered to be less risky than OBEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRGSX	OBEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.50%	6.92%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	14.84%	16.00%	-1.16%
Volatility (1Y) Calculated over the trailing 1-year period	17.93%	20.47%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.66%	23.20%	-3.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	22.63%	-2.86%

PRGSX vs. OBEGX - Expense Ratio Comparison

PRGSX has a 0.82% expense ratio, which is lower than OBEGX's 1.51% expense ratio.

Dividends

PRGSX vs. OBEGX - Dividend Comparison

PRGSX's dividend yield for the trailing twelve months is around 7.76%, less than OBEGX's 9.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OBEGX Oberweis Global Opportunities Fund	9.82%	12.66%	0.00%	0.00%	2.64%	25.09%	5.80%	0.00%	6.68%	13.37%	1.12%	14.32%
PRGSX T. Rowe Price Global Stock Fund	7.76%	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 OBEGX in my portfolio?

PRGSX and OBEGX have a correlation of 0.79, 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 OBEGX?

OBEGX has higher volatility (6.92%) compared to PRGSX (5.50%). In terms of maximum drawdown, PRGSX dropped -64.06% vs OBEGX's -83.07%.

Which has better risk-adjusted returns?

PRGSX currently has the higher Sharpe Ratio (2.48 vs 2.48), 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.