PRGSX vs. VFMV

Last updated Jun 13, 2026

PRGSX (T. Rowe Price Global Stock Fund) and VFMV (Vanguard U.S. Minimum Volatility ETF) are both funds - PRGSX is a Global Equities fund managed by T. Rowe Price, while VFMV is a Mid Cap Blend Equities fund actively managed by Vanguard. Over the past 5 years, PRGSX returned 9.00%/yr vs 9.55%/yr for VFMV. A 0.70 correlation means they provide meaningful diversification when combined. PRGSX charges 0.82%/yr vs 0.13%/yr for VFMV.

Performance

PRGSX vs. VFMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Stock Fund (PRGSX) and Vanguard U.S. Minimum Volatility ETF (VFMV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRGSX achieves a 19.13% return, which is significantly higher than VFMV's 8.57% return.

PRGSX

• 1D: 3.77%
• 1M: 1.51%
• YTD: 19.13%
• 6M: 20.89%
• 1Y: 36.75%
• 3Y*: 22.39%
• 5Y*: 9.00%
• 10Y*: 16.85%

VFMV

• 1D: 0.40%
• 1M: 1.39%
• YTD: 8.57%
• 6M: 7.81%
• 1Y: 12.36%
• 3Y*: 14.22%
• 5Y*: 9.55%
• 10Y*: —

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

PRGSX vs. VFMV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PRGSX T. Rowe Price Global Stock Fund	19.13%	21.42%	16.80%	25.70%	-28.01%	9.81%	52.29%	35.84%	-8.68%
VFMV Vanguard U.S. Minimum Volatility ETF	8.57%	10.52%	16.91%	8.86%	-5.73%	20.75%	-0.19%	27.26%	-0.34%

Correlation

The correlation between PRGSX and VFMV is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018	0.70

The correlation between PRGSX and VFMV shifts across timeframes, from 0.52 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PRGSX vs. VFMV — Risk / Return Rank

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

PRGSX

PRGSX Risk / Return Rank: 70
PRGSX Sharpe Ratio Rank: 69
PRGSX Sortino Ratio Rank: 60
PRGSX Omega Ratio Rank: 65
PRGSX Calmar Ratio Rank: 77
PRGSX Martin Ratio Rank: 78

VFMV

VFMV Risk / Return Rank: 47
VFMV Sharpe Ratio Rank: 46
VFMV Sortino Ratio Rank: 46
VFMV Omega Ratio Rank: 43
VFMV Calmar Ratio Rank: 47
VFMV Martin Ratio Rank: 53

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. VFMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Stock Fund (PRGSX) and Vanguard U.S. Minimum Volatility ETF (VFMV). 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	VFMV	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.41	+0.52
Sortino ratio: Return per unit of downside risk	2.53	2.05	+0.48
Omega ratio: Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio: Return relative to maximum drawdown	2.91	2.07	+0.85
Martin ratio: Return relative to average drawdown	11.56	8.03	+3.53

PRGSX vs. VFMV - Sharpe Ratio Comparison

The current PRGSX Sharpe Ratio is 1.93, which is higher than the VFMV Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of PRGSX and VFMV, 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. VFMV - Drawdown Comparison

The maximum PRGSX drawdown since its inception was -64.06%, which is greater than VFMV's maximum drawdown of -33.64%. Use the drawdown chart below to compare losses from any high point for PRGSX and VFMV.

Drawdown Indicators

	PRGSX	VFMV	Difference
Max Drawdown Largest peak-to-trough decline	-64.06%	-33.64%	-30.42%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-6.00%	-6.77%
Max Drawdown (3Y) Largest decline over 3 years	-21.13%	-10.35%	-10.78%
Max Drawdown (5Y) Largest decline over 5 years	-38.11%	-15.41%	-22.70%
Max Drawdown (10Y) Largest decline over 10 years	-38.11%	—	—
Current Drawdown Current decline from peak	-3.75%	-0.98%	-2.77%
Average Drawdown Average peak-to-trough decline	-13.47%	-3.63%	-9.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	1.55%	+1.66%

Volatility

PRGSX vs. VFMV - Volatility Comparison

T. Rowe Price Global Stock Fund (PRGSX) has a higher volatility of 8.81% compared to Vanguard U.S. Minimum Volatility ETF (VFMV) at 2.30%. This indicates that PRGSX's price experiences larger fluctuations and is considered to be riskier than VFMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRGSX	VFMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.81%	2.30%	+6.51%
Volatility (6M) Calculated over the trailing 6-month period	16.52%	6.32%	+10.20%
Volatility (1Y) Calculated over the trailing 1-year period	19.31%	8.83%	+10.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.91%	11.75%	+8.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.88%	14.23%	+5.65%

PRGSX vs. VFMV - Expense Ratio Comparison

PRGSX has a 0.82% expense ratio, which is higher than VFMV's 0.13% expense ratio.

Dividends

PRGSX vs. VFMV - Dividend Comparison

PRGSX's dividend yield for the trailing twelve months is around 8.06%, more than VFMV's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRGSX T. Rowe Price Global Stock Fund	8.06%	9.60%	6.73%	0.27%	0.00%	13.67%	5.67%	2.21%	5.81%	0.03%	0.63%	0.33%
VFMV Vanguard U.S. Minimum Volatility ETF	1.93%	2.12%	1.46%	2.20%	2.08%	1.31%	2.14%	2.43%	2.29%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRGSX and VFMV in my portfolio?

PRGSX and VFMV have a correlation of 0.52, 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 VFMV?

PRGSX has higher volatility (8.81%) compared to VFMV (2.30%). In terms of maximum drawdown, PRGSX dropped -64.06% vs VFMV's -33.64%.

Which has better risk-adjusted returns?

PRGSX currently has the higher Sharpe Ratio (1.93 vs 1.41), 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.