Correlation
The correlation between PRIGX and SPHD is 0.71, 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.
PRIGX vs. SPHD
Compare and contrast key facts about T. Rowe Price Global Value Equity Fund (PRIGX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
PRIGX is managed by T. Rowe Price. It was launched on Jul 25, 2012. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRIGX or SPHD.
Performance
PRIGX vs. SPHD - Performance Comparison
Loading data...
Key characteristics
PRIGX:
0.35
SPHD:
0.77
PRIGX:
0.48
SPHD:
1.14
PRIGX:
1.07
SPHD:
1.16
PRIGX:
0.29
SPHD:
0.87
PRIGX:
0.98
SPHD:
2.74
PRIGX:
4.76%
SPHD:
4.22%
PRIGX:
16.75%
SPHD:
14.70%
PRIGX:
-38.14%
SPHD:
-41.39%
PRIGX:
-2.66%
SPHD:
-6.61%
Returns By Period
In the year-to-date period, PRIGX achieves a 7.26% return, which is significantly higher than SPHD's -0.25% return. Over the past 10 years, PRIGX has underperformed SPHD with an annualized return of 4.97%, while SPHD has yielded a comparatively higher 8.10% annualized return.
PRIGX
7.26%
4.13%
-2.45%
4.92%
8.62%
11.86%
4.97%
SPHD
-0.25%
0.77%
-6.61%
8.87%
3.95%
11.80%
8.10%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRIGX vs. SPHD - Expense Ratio Comparison
PRIGX has a 0.68% expense ratio, which is higher than SPHD's 0.30% expense ratio.
Risk-Adjusted Performance
PRIGX vs. SPHD — Risk-Adjusted Performance Rank
PRIGX
SPHD
PRIGX vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Value Equity Fund (PRIGX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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.
Loading data...
Dividends
PRIGX vs. SPHD - Dividend Comparison
PRIGX's dividend yield for the trailing twelve months is around 6.09%, more than SPHD's 3.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIGX T. Rowe Price Global Value Equity Fund | 6.09% | 6.53% | 1.75% | 0.98% | 4.73% | 1.12% | 2.99% | 9.08% | 7.35% | 2.25% | 9.12% | 16.75% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.45% | 3.41% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% |
Drawdowns
PRIGX vs. SPHD - Drawdown Comparison
The maximum PRIGX drawdown since its inception was -38.14%, smaller than the maximum SPHD drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for PRIGX and SPHD.
Loading data...
Volatility
PRIGX vs. SPHD - Volatility Comparison
The current volatility for T. Rowe Price Global Value Equity Fund (PRIGX) is 3.04%, while Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) has a volatility of 4.31%. This indicates that PRIGX experiences smaller price fluctuations and is considered to be less risky than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...