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 0.88, 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:
0.55
GWX:
0.39
PRIDX:
0.84
GWX:
0.63
PRIDX:
1.10
GWX:
1.08
PRIDX:
0.17
GWX:
0.28
PRIDX:
1.55
GWX:
1.26
PRIDX:
4.54%
GWX:
4.40%
PRIDX:
12.91%
GWX:
14.20%
PRIDX:
-71.20%
GWX:
-63.25%
PRIDX:
-37.15%
GWX:
-13.70%
Returns By Period
In the year-to-date period, PRIDX achieves a 2.39% return, which is significantly higher than GWX's 2.13% return. Over the past 10 years, PRIDX has underperformed GWX with an annualized return of 2.99%, while GWX has yielded a comparatively higher 4.77% annualized return.
PRIDX
2.39%
2.09%
-1.42%
6.91%
-0.34%
2.99%
GWX
2.13%
2.10%
-3.02%
5.24%
3.65%
4.77%
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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 2.29%, less than GWX's 2.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIDX T. Rowe Price International Discovery Fund | 2.29% | 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 | 2.66% | 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
T. Rowe Price International Discovery Fund (PRIDX) and SPDR S&P International Small Cap ETF (GWX) have volatilities of 3.50% and 3.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.