PRGSX vs. PRIDX

Last updated Aug 1, 2026

PRGSX (T. Rowe Price Global Stock Fund) and PRIDX (T. Rowe Price International Discovery Fund) are both mutual funds - PRGSX is a Global Equities fund tracking the MSCI All Country World Index Net, while PRIDX is a Foreign Small & Mid Cap Equities fund managed by T. Rowe Price. Over the past 10 years, PRGSX returned 15.65%/yr vs 8.91%/yr for PRIDX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. PRGSX charges 0.81%/yr vs 1.23%/yr for PRIDX.

Performance

PRGSX vs. PRIDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Stock Fund (PRGSX) and T. Rowe Price International Discovery Fund (PRIDX). 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 PRIDX's 9.53% return. Over the past 10 years, PRGSX has outperformed PRIDX with an annualized return of 15.65%, while PRIDX has yielded a comparatively lower 8.91% annualized 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%

PRIDX

• 1D: 2.40%
• 1M: 0.62%
• 6M: 3.95%
• YTD: 9.53%
• 1Y: 19.81%
• 3Y*: 13.35%
• 5Y*: 1.63%
• 10Y*: 8.91%
• ALL TIME*: 9.76%

*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)
PRGSX T. Rowe Price Global Stock Fund	$0.00	$0.00	$0.00
PRIDX T. Rowe Price International Discovery Fund	$0.00	$0.00	$0.00

PRGSX vs. PRIDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRGSX T. Rowe Price Global Stock Fund	14.53%	21.42%	16.80%	25.70%	-28.01%	9.81%	52.29%	35.84%	-4.51%	32.64%
PRIDX T. Rowe Price International Discovery Fund	9.53%	25.53%	3.65%	13.19%	-30.34%	7.31%	38.78%	25.01%	-17.54%	38.56%

Correlation

The correlation between PRGSX and PRIDX is 0.75, 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.	0.75
Correlation (3Y) Balances recent behavior with more history.	0.76
Correlation (5Y) Shows whether the relationship held over a longer period.	0.81
Correlation (10Y) Provides a long-term view across more market conditions.	0.82
Correlation (All Time) Calculated using the full available price history since Jan 2, 1996	0.76

The correlation between PRGSX and PRIDX has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

Return for Risk

PRGSX vs. PRIDX — 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

PRIDX

PRIDX Risk / Return Rank: 41
PRIDX Sharpe Ratio Rank: 46
PRIDX Sortino Ratio Rank: 46
PRIDX Omega Ratio Rank: 46
PRIDX Calmar Ratio Rank: 34
PRIDX Martin Ratio Rank: 36

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. PRIDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Stock Fund (PRGSX) and T. Rowe Price International Discovery Fund (PRIDX). 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	PRIDX	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.25	-0.01
Sortino ratio: Return per unit of downside risk	1.75	1.82	-0.07
Omega ratio: Gain probability vs. loss probability	1.22	1.23	-0.01
Calmar ratio: Return relative to maximum drawdown	2.08	1.42	+0.66
Martin ratio: Return relative to average drawdown	7.18	5.12	+2.06

PRGSX vs. PRIDX - Sharpe Ratio Comparison

The current PRGSX Sharpe Ratio is 1.24, which is comparable to the PRIDX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of PRGSX and PRIDX, 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. PRIDX - Drawdown Comparison

The maximum PRGSX drawdown since its inception was -64.06%, roughly equal to the maximum PRIDX drawdown of -65.01%. Use the drawdown chart below to compare losses from any high point for PRGSX and PRIDX.

Drawdown Indicators

	PRGSX	PRIDX	Difference
Max Drawdown Largest peak-to-trough decline	-64.06%	-65.01%	+0.95%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-13.50%	+0.73%
Max Drawdown (3Y) Largest decline over 3 years	-21.13%	-15.86%	-5.27%
Max Drawdown (5Y) Largest decline over 5 years	-38.11%	-43.86%	+5.75%
Max Drawdown (10Y) Largest decline over 10 years	-38.11%	-43.86%	+5.75%
Current Drawdown Current decline from peak	-8.04%	-0.94%	-7.10%
Average Drawdown Average peak-to-trough decline	-13.43%	-16.30%	+2.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	3.74%	-0.04%

Volatility

PRGSX vs. PRIDX - Volatility Comparison

T. Rowe Price Global Stock Fund (PRGSX) has a higher volatility of 7.51% compared to T. Rowe Price International Discovery Fund (PRIDX) at 5.29%. This indicates that PRGSX's price experiences larger fluctuations and is considered to be riskier than PRIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRGSX	PRIDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	5.29%	+2.22%
Volatility (6M) Calculated over the trailing 6-month period	18.46%	13.32%	+5.14%
Volatility (1Y) Calculated over the trailing 1-year period	21.37%	15.43%	+5.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.29%	16.90%	+3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	16.55%	+3.42%

PRGSX vs. PRIDX - Expense Ratio Comparison

PRGSX has a 0.81% expense ratio, which is lower than PRIDX's 1.23% expense ratio.

Dividends

PRGSX vs. PRIDX - Dividend Comparison

PRGSX's dividend yield for the trailing twelve months is around 8.38%, more than PRIDX's 4.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
PRIDX T. Rowe Price International Discovery Fund	4.46%	4.88%	4.03%	2.05%	3.18%	15.35%	4.30%	1.48%	6.20%	3.11%	1.81%	5.00%

Frequently Asked Questions

Can I hold both PRGSX and PRIDX in my portfolio?

PRGSX and PRIDX have a correlation of 0.75, 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 PRIDX?

PRGSX has higher volatility (7.51%) compared to PRIDX (5.29%). In terms of maximum drawdown, PRGSX dropped -64.06% vs PRIDX's -65.01%.

Which has better risk-adjusted returns?

PRIDX currently has the higher Sharpe Ratio (1.25 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.