PRIDX vs. GWX
Compare and contrast key facts about T. Rowe Price International Discovery Fund (PRIDX) and SPDR S&P International Small Cap ETF (GWX).
PRIDX is managed by T. Rowe Price. It was launched on Dec 29, 1988. GWX is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. Under USD2 Billion Index. It was launched on Apr 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRIDX or GWX.
Correlation
The correlation between PRIDX and GWX is 0.74, 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
PRIDX vs. GWX - Performance Comparison
Key characteristics
PRIDX:
0.29
GWX:
0.60
PRIDX:
0.50
GWX:
0.94
PRIDX:
1.07
GWX:
1.13
PRIDX:
0.11
GWX:
0.50
PRIDX:
0.77
GWX:
2.03
PRIDX:
6.06%
GWX:
5.15%
PRIDX:
16.10%
GWX:
17.38%
PRIDX:
-71.20%
GWX:
-63.25%
PRIDX:
-35.87%
GWX:
-8.27%
Returns By Period
In the year-to-date period, PRIDX achieves a 4.47% return, which is significantly lower than GWX's 8.55% return. Over the past 10 years, PRIDX has underperformed GWX with an annualized return of 2.13%, while GWX has yielded a comparatively higher 4.13% annualized return.
PRIDX
4.47%
1.61%
-1.00%
4.23%
1.83%
2.13%
GWX
8.55%
4.37%
5.25%
10.11%
8.35%
4.13%
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PRIDX vs. GWX - Expense Ratio Comparison
PRIDX has a 1.23% expense ratio, which is higher than GWX's 0.40% expense ratio.
Risk-Adjusted Performance
PRIDX vs. GWX — Risk-Adjusted Performance Rank
PRIDX
GWX
PRIDX vs. GWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Discovery Fund (PRIDX) and SPDR S&P International Small Cap ETF (GWX). 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
PRIDX vs. GWX - Dividend Comparison
PRIDX's dividend yield for the trailing twelve months is around 2.25%, less than GWX's 2.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIDX T. Rowe Price International Discovery Fund | 2.25% | 2.35% | 1.25% | 0.00% | 0.00% | 0.08% | 0.83% | 0.58% | 0.35% | 0.58% | 0.69% | 0.87% |
GWX SPDR S&P International Small Cap ETF | 2.50% | 2.71% | 2.64% | 2.71% | 2.75% | 1.74% | 3.41% | 2.94% | 5.18% | 4.21% | 2.67% | 13.53% |
Drawdowns
PRIDX vs. GWX - Drawdown Comparison
The maximum PRIDX drawdown since its inception was -71.20%, which is greater than GWX's maximum drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for PRIDX and GWX. For additional features, visit the drawdowns tool.
Volatility
PRIDX vs. GWX - Volatility Comparison
The current volatility for T. Rowe Price International Discovery Fund (PRIDX) is 9.54%, while SPDR S&P International Small Cap ETF (GWX) has a volatility of 10.21%. This indicates that PRIDX experiences smaller price fluctuations and is considered to be less risky than GWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.