PRGSX vs. QQQ
Compare and contrast key facts about T. Rowe Price Global Stock Fund (PRGSX) and Invesco QQQ (QQQ).
PRGSX is managed by T. Rowe Price. It was launched on Dec 28, 1995. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRGSX or QQQ.
Correlation
The correlation between PRGSX and QQQ is 0.81, 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.
Performance
PRGSX vs. QQQ - Performance Comparison
Key characteristics
PRGSX:
0.80
QQQ:
1.71
PRGSX:
1.11
QQQ:
2.27
PRGSX:
1.16
QQQ:
1.31
PRGSX:
0.47
QQQ:
2.26
PRGSX:
4.13
QQQ:
8.12
PRGSX:
3.10%
QQQ:
3.77%
PRGSX:
16.05%
QQQ:
17.88%
PRGSX:
-66.74%
QQQ:
-82.98%
PRGSX:
-15.90%
QQQ:
-1.37%
Returns By Period
In the year-to-date period, PRGSX achieves a 12.43% return, which is significantly lower than QQQ's 30.18% return. Over the past 10 years, PRGSX has underperformed QQQ with an annualized return of 9.83%, while QQQ has yielded a comparatively higher 18.54% annualized return.
PRGSX
12.43%
-4.58%
-2.75%
12.80%
7.07%
9.83%
QQQ
30.18%
4.95%
10.88%
30.61%
20.73%
18.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRGSX vs. QQQ - Expense Ratio Comparison
PRGSX has a 0.82% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
PRGSX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Stock Fund (PRGSX) and Invesco QQQ (QQQ). 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.
Dividends
PRGSX vs. QQQ - Dividend Comparison
PRGSX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRGSX T. Rowe Price Global Stock Fund | 0.00% | 0.27% | 0.00% | 0.00% | 0.02% | 0.28% | 0.20% | 0.34% | 0.63% | 0.33% | 0.27% | 0.21% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
PRGSX vs. QQQ - Drawdown Comparison
The maximum PRGSX drawdown since its inception was -66.74%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PRGSX and QQQ. For additional features, visit the drawdowns tool.
Volatility
PRGSX vs. QQQ - Volatility Comparison
T. Rowe Price Global Stock Fund (PRGSX) has a higher volatility of 7.94% compared to Invesco QQQ (QQQ) at 5.48%. This indicates that PRGSX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.