PRITX vs. FSGEX

Last updated Jun 3, 2026

PRITX (T. Rowe Price International Stock Fund) and FSGEX (Fidelity Series Global ex U.S. Index Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, PRITX returned 7.82%/yr vs 9.88%/yr for FSGEX. With a 0.96 correlation, they move nearly in lockstep. PRITX charges 0.84%/yr vs 0.01%/yr for FSGEX.

Performance

PRITX vs. FSGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price International Stock Fund (PRITX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRITX achieves a 10.06% return, which is significantly lower than FSGEX's 14.97% return. Over the past 10 years, PRITX has underperformed FSGEX with an annualized return of 7.82%, while FSGEX has yielded a comparatively higher 9.88% annualized return.

PRITX

• 1D: 1.05%
• 1M: 5.70%
• YTD: 10.06%
• 6M: 11.84%
• 1Y: 16.23%
• 3Y*: 12.75%
• 5Y*: 4.51%
• 10Y*: 7.82%

FSGEX

• 1D: 0.57%
• 1M: 4.94%
• YTD: 14.97%
• 6M: 18.22%
• 1Y: 32.37%
• 3Y*: 19.86%
• 5Y*: 8.77%
• 10Y*: 9.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRITX vs. FSGEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRITX T. Rowe Price International Stock Fund	10.06%	18.36%	3.44%	16.43%	-15.74%	1.46%	14.63%	28.40%	-14.03%	26.38%
FSGEX Fidelity Series Global ex U.S. Index Fund	14.97%	32.99%	5.34%	15.56%	-15.75%	7.77%	10.75%	21.41%	-13.99%	27.47%

Correlation

The correlation between PRITX and FSGEX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Oct 2, 2009	0.96

The correlation between PRITX and FSGEX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

PRITX vs. FSGEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRITX

PRITX Risk / Return Rank: 14
PRITX Sharpe Ratio Rank: 14
PRITX Sortino Ratio Rank: 14
PRITX Omega Ratio Rank: 15
PRITX Calmar Ratio Rank: 13
PRITX Martin Ratio Rank: 16

FSGEX

FSGEX Risk / Return Rank: 59
FSGEX Sharpe Ratio Rank: 62
FSGEX Sortino Ratio Rank: 56
FSGEX Omega Ratio Rank: 60
FSGEX Calmar Ratio Rank: 60
FSGEX Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRITX vs. FSGEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Stock Fund (PRITX) and Fidelity Series Global ex U.S. Index Fund (FSGEX). 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.

	PRITX	FSGEX	Difference
Sharpe ratio Return per unit of total volatility	1.08	2.32	-1.24
Sortino ratio Return per unit of downside risk	1.60	3.15	-1.55
Omega ratio Gain probability vs. loss probability	1.20	1.43	-0.23
Calmar ratio Return relative to maximum drawdown	1.26	2.97	-1.72
Martin ratio Return relative to average drawdown	4.71	11.67	-6.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRITX vs. FSGEX - Sharpe Ratio Comparison

The current PRITX Sharpe Ratio is 1.08, which is lower than the FSGEX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of PRITX and FSGEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PRITX	FSGEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	2.32	-1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.57	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.61	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.41	-0.05

Drawdowns

PRITX vs. FSGEX - Drawdown Comparison

The maximum PRITX drawdown since its inception was -61.38%, which is greater than FSGEX's maximum drawdown of -34.74%. Use the drawdown chart below to compare losses from any high point for PRITX and FSGEX.

Drawdown Indicators

	PRITX	FSGEX	Difference
Max Drawdown Largest peak-to-trough decline	-61.38%	-34.74%	-26.64%
Max Drawdown (1Y) Largest decline over 1 year	-13.41%	-11.24%	-2.17%
Max Drawdown (3Y) Largest decline over 3 years	-15.03%	-13.34%	-1.69%
Max Drawdown (5Y) Largest decline over 5 years	-32.04%	-29.66%	-2.38%
Max Drawdown (10Y) Largest decline over 10 years	-33.02%	-34.74%	+1.72%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-15.94%	-8.45%	-7.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	2.86%	+0.72%

Volatility

PRITX vs. FSGEX - Volatility Comparison

T. Rowe Price International Stock Fund (PRITX) and Fidelity Series Global ex U.S. Index Fund (FSGEX) have volatilities of 5.16% and 4.94%, 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.

Volatility by Period

	PRITX	FSGEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	4.94%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	12.26%	+1.22%
Volatility (1Y) Calculated over the trailing 1-year period	15.84%	14.57%	+1.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	15.39%	+0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.45%	16.22%	+0.23%

PRITX vs. FSGEX - Expense Ratio Comparison

PRITX has a 0.84% expense ratio, which is higher than FSGEX's 0.01% expense ratio.

Dividends

PRITX vs. FSGEX - Dividend Comparison

PRITX's dividend yield for the trailing twelve months is around 8.84%, more than FSGEX's 2.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSGEX Fidelity Series Global ex U.S. Index Fund	2.63%	3.02%	2.98%	2.90%	2.78%	2.59%	1.68%	2.10%	2.86%	2.48%	2.56%	2.61%
PRITX T. Rowe Price International Stock Fund	8.84%	9.73%	1.15%	1.10%	0.95%	7.35%	1.52%	3.06%	7.31%	3.48%	0.98%	1.37%

Frequently Asked Questions

Can I hold both PRITX and FSGEX in my portfolio?

With a correlation of 0.95, PRITX and FSGEX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PRITX or FSGEX?

PRITX has higher volatility (5.16%) compared to FSGEX (4.94%). In terms of maximum drawdown, PRITX dropped -61.38% vs FSGEX's -34.74%.

Which has better risk-adjusted returns?

FSGEX currently has the higher Sharpe Ratio (2.32 vs 1.08), 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.