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:
0.09
GWX:
0.10
PRIDX:
0.21
GWX:
0.23
PRIDX:
1.03
GWX:
1.03
PRIDX:
0.03
GWX:
0.07
PRIDX:
0.33
GWX:
0.37
PRIDX:
3.78%
GWX:
3.80%
PRIDX:
13.43%
GWX:
14.21%
PRIDX:
-71.20%
GWX:
-63.25%
PRIDX:
-39.91%
GWX:
-15.52%
Returns By Period
In the year-to-date period, PRIDX achieves a -0.17% return, which is significantly lower than GWX's 0.19% return. Over the past 10 years, PRIDX has underperformed GWX with an annualized return of 2.41%, while GWX has yielded a comparatively higher 4.43% annualized return.
PRIDX
-0.17%
-3.96%
-3.93%
1.26%
-1.27%
2.41%
GWX
0.19%
-1.31%
-0.87%
1.41%
2.22%
4.43%
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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 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 has not paid dividends to shareholders, while GWX's dividend yield for the trailing twelve months is around 2.71%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIDX T. Rowe Price International Discovery Fund | 0.00% | 1.25% | 0.00% | 0.00% | 0.08% | 0.83% | 0.58% | 0.35% | 0.58% | 0.69% | 0.87% | 1.11% |
GWX SPDR S&P International Small Cap ETF | 2.71% | 2.64% | 2.71% | 2.75% | 1.74% | 3.41% | 2.94% | 5.18% | 4.21% | 2.67% | 13.53% | 3.06% |
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) has a higher volatility of 5.46% compared to SPDR S&P International Small Cap ETF (GWX) at 3.75%. This indicates that PRIDX's price experiences larger fluctuations and is considered to be riskier than GWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.