PRIGX vs. PRWCX
PRIGX (T. Rowe Price Global Value Equity Fund) and PRWCX (T. Rowe Price Capital Appreciation Fund) are both mutual funds - PRIGX is a Global Equities fund managed by T. Rowe Price, while PRWCX is a Diversified Portfolio fund actively managed by T. Rowe Price. Over the past 10 years, PRIGX returned 13.23%/yr vs 11.36%/yr for PRWCX. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.68% expense ratio.
Performance
PRIGX vs. PRWCX - Performance Comparison
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Returns By Period
In the year-to-date period, PRIGX achieves a 18.31% return, which is significantly higher than PRWCX's 4.53% return. Over the past 10 years, PRIGX has outperformed PRWCX with an annualized return of 13.23%, while PRWCX has yielded a comparatively lower 11.36% annualized return.
PRIGX
- 1D
- 0.29%
- 1M
- 1.96%
- YTD
- 18.31%
- 6M
- 17.91%
- 1Y
- 42.72%
- 3Y*
- 24.06%
- 5Y*
- 13.53%
- 10Y*
- 13.23%
PRWCX
- 1D
- -0.08%
- 1M
- -0.53%
- YTD
- 4.53%
- 6M
- 4.44%
- 1Y
- 12.48%
- 3Y*
- 12.75%
- 5Y*
- 8.42%
- 10Y*
- 11.36%
PRIGX vs. PRWCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRIGX T. Rowe Price Global Value Equity Fund | 18.31% | 31.10% | 13.34% | 13.25% | -7.86% | 16.08% | 11.35% | 25.56% | -13.70% | 19.57% |
PRWCX T. Rowe Price Capital Appreciation Fund | 4.53% | 12.45% | 12.50% | 18.85% | -12.00% | 18.45% | 18.13% | 24.62% | 0.63% | 15.34% |
Correlation
The correlation between PRIGX and PRWCX is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2012 | 0.86 |
The correlation between PRIGX and PRWCX shifts across timeframes, from 0.73 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PRIGX vs. PRWCX — Risk / Return Rank
PRIGX
PRWCX
PRIGX vs. PRWCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Value Equity Fund (PRIGX) and T. Rowe Price Capital Appreciation Fund (PRWCX). 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.
| PRIGX | PRWCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.31 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.75 | 2.07 | +1.68 |
| Martin ratioReturn relative to average drawdown | 15.53 | 8.70 | +6.83 |
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Drawdowns
PRIGX vs. PRWCX - Drawdown Comparison
The maximum PRIGX drawdown since its inception was -36.76%, smaller than the maximum PRWCX drawdown of -41.77%. Use the drawdown chart below to compare losses from any high point for PRIGX and PRWCX.
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Drawdown Indicators
| PRIGX | PRWCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.76% | -41.77% | +5.01% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -6.32% | -5.26% |
Max Drawdown (3Y)Largest decline over 3 years | -14.18% | -15.96% | +1.78% |
Max Drawdown (5Y)Largest decline over 5 years | -20.78% | -17.07% | -3.71% |
Max Drawdown (10Y)Largest decline over 10 years | -36.76% | -26.86% | -9.90% |
Current DrawdownCurrent decline from peak | -0.37% | -1.58% | +1.21% |
Average DrawdownAverage peak-to-trough decline | -4.60% | -3.33% | -1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 1.50% | +1.29% |
Volatility
PRIGX vs. PRWCX - Volatility Comparison
T. Rowe Price Global Value Equity Fund (PRIGX) has a higher volatility of 5.95% compared to T. Rowe Price Capital Appreciation Fund (PRWCX) at 2.80%. This indicates that PRIGX's price experiences larger fluctuations and is considered to be riskier than PRWCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRIGX | PRWCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.95% | 2.80% | +3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 12.68% | 6.47% | +6.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.03% | 7.81% | +7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.80% | 12.79% | +2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.55% | 12.76% | +3.79% |
PRIGX vs. PRWCX - Expense Ratio Comparison
Both PRIGX and PRWCX have an expense ratio of 0.68%.
Dividends
PRIGX vs. PRWCX - Dividend Comparison
PRIGX's dividend yield for the trailing twelve months is around 6.08%, less than PRWCX's 8.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIGX T. Rowe Price Global Value Equity Fund | 6.08% | 7.20% | 6.53% | 1.75% | 0.98% | 5.81% | 1.12% | 2.31% | 9.08% | 7.35% | 2.25% | 9.12% |
PRWCX T. Rowe Price Capital Appreciation Fund | 8.43% | 8.81% | 10.38% | 4.15% | 9.44% | 9.23% | 7.97% | 5.83% | 7.46% | 6.82% | 3.51% | 9.86% |
Frequently Asked Questions
PRIGX and PRWCX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRIGX has higher volatility (5.95%) compared to PRWCX (2.80%). In terms of maximum drawdown, PRIGX dropped -36.76% vs PRWCX's -41.77%.
PRIGX currently has the higher Sharpe Ratio (2.89 vs 1.68), 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.
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