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.
Performance
PRIDX vs. GWX - Performance Comparison
Returns By Period
In the year-to-date period, PRIDX achieves a 3.94% return, which is significantly higher than GWX's 1.52% return. Over the past 10 years, PRIDX has underperformed GWX with an annualized return of 2.10%, while GWX has yielded a comparatively higher 4.41% annualized return.
PRIDX
3.94%
-3.14%
-2.57%
10.93%
0.57%
2.10%
GWX
1.52%
-1.15%
-1.22%
9.66%
3.32%
4.41%
Key characteristics
| PRIDX | GWX | |
|---|---|---|
| Sharpe Ratio | 0.85 | 0.67 |
| Sortino Ratio | 1.25 | 1.01 |
| Omega Ratio | 1.15 | 1.13 |
| Calmar Ratio | 0.25 | 0.45 |
| Martin Ratio | 3.83 | 3.03 |
| Ulcer Index | 2.85% | 3.19% |
| Daily Std Dev | 12.80% | 14.39% |
| Max Drawdown | -71.20% | -63.25% |
| Current Drawdown | -37.44% | -14.40% |
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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.
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.
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's dividend yield for the trailing twelve months is around 1.21%, less than GWX's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIDX T. Rowe Price International Discovery Fund | 1.21% | 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 | 2.55% | 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
The current volatility for T. Rowe Price International Discovery Fund (PRIDX) is 3.15%, while SPDR S&P International Small Cap ETF (GWX) has a volatility of 3.41%. 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.