PRJPX vs. RMBPX

Last updated Apr 1, 2026

Compare and contrast key facts about T. Rowe Price Japan Fund (PRJPX) and RMB Japan Fund (RMBPX).

PRJPX is managed by T. Rowe Price. It was launched on Dec 29, 1991. RMBPX is managed by RMB Funds. It was launched on Dec 26, 2017.

Performance

PRJPX vs. RMBPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Japan Fund (PRJPX) and RMB Japan Fund (RMBPX). The values are adjusted to include any dividend payments, if applicable.

PRJPX vs. RMBPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PRJPX T. Rowe Price Japan Fund	-2.51%	32.21%	6.13%	2.02%	-27.37%	-11.03%	34.60%	27.56%	-15.70%
RMBPX RMB Japan Fund	0.00%	-0.24%	-14.03%	19.33%	-14.50%	-2.65%	13.06%	17.64%	-17.62%

Returns By Period

PRJPX

• 1D: -0.15%
• 1M: -14.17%
• YTD: -2.51%
• 6M: 1.32%
• 1Y: 21.16%
• 3Y*: 10.18%
• 5Y*: -1.24%
• 10Y*: 7.14%

RMBPX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PRJPX vs. RMBPX - Expense Ratio Comparison

PRJPX has a 1.05% expense ratio, which is lower than RMBPX's 1.30% expense ratio.

RMBPX

RMB Japan Fund

PRJPX

T. Rowe Price Japan Fund

Return for Risk

PRJPX vs. RMBPX — Risk / Return Rank

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

PRJPX

PRJPX Risk / Return Rank: 48
PRJPX Sharpe Ratio Rank: 51
PRJPX Sortino Ratio Rank: 51
PRJPX Omega Ratio Rank: 45
PRJPX Calmar Ratio Rank: 49
PRJPX Martin Ratio Rank: 44

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.

PRJPX vs. RMBPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Japan Fund (PRJPX) and RMB Japan Fund (RMBPX). 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.

	PRJPX	RMBPX	Difference
Sharpe ratio Return per unit of total volatility	0.98	—	—
Sortino ratio Return per unit of downside risk	1.43	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.22	—	—
Martin ratio Return relative to average drawdown	4.49	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PRJPX	RMBPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	—	—

Correlation

The correlation between PRJPX and RMBPX is 0.78, 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.

Dividends

PRJPX vs. RMBPX - Dividend Comparison

PRJPX's dividend yield for the trailing twelve months is around 15.03%, while RMBPX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRJPX T. Rowe Price Japan Fund	15.03%	14.65%	4.82%	1.71%	6.94%	5.42%	2.59%	2.62%	7.56%	0.33%	0.70%	1.05%
RMBPX RMB Japan Fund	0.00%	0.00%	3.28%	4.43%	1.04%	8.11%	0.29%	1.15%	0.36%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	PRJPX	RMBPX	Difference
Max Drawdown Largest peak-to-trough decline	-68.26%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.44%	—	—
Current Drawdown Current decline from peak	-15.05%	—	—
Average Drawdown Average peak-to-trough decline	-26.85%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.10%	—	—

Volatility

Volatility by Period

	PRJPX	RMBPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.91%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	—	—