Correlation
The correlation between PRMSX and EDIV is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
PRMSX vs. EDIV
Compare and contrast key facts about T. Rowe Price Emerging Markets Stock Fund (PRMSX) and SPDR S&P Emerging Markets Dividend ETF (EDIV).
PRMSX is managed by T. Rowe Price. It was launched on Mar 30, 1995. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRMSX or EDIV.
Performance
PRMSX vs. EDIV - Performance Comparison
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Key characteristics
PRMSX:
0.38
EDIV:
0.92
PRMSX:
0.51
EDIV:
1.22
PRMSX:
1.06
EDIV:
1.17
PRMSX:
0.11
EDIV:
0.82
PRMSX:
0.73
EDIV:
2.20
PRMSX:
6.23%
EDIV:
5.15%
PRMSX:
16.41%
EDIV:
13.93%
PRMSX:
-71.13%
EDIV:
-53.35%
PRMSX:
-33.51%
EDIV:
-0.13%
Returns By Period
In the year-to-date period, PRMSX achieves a 6.78% return, which is significantly lower than EDIV's 8.95% return. Over the past 10 years, PRMSX has underperformed EDIV with an annualized return of 2.10%, while EDIV has yielded a comparatively higher 5.36% annualized return.
PRMSX
6.78%
4.08%
5.46%
6.17%
0.15%
0.58%
2.10%
EDIV
8.95%
5.30%
8.90%
12.64%
16.65%
13.96%
5.36%
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PRMSX vs. EDIV - Expense Ratio Comparison
PRMSX has a 1.20% expense ratio, which is higher than EDIV's 0.49% expense ratio.
Risk-Adjusted Performance
PRMSX vs. EDIV — Risk-Adjusted Performance Rank
PRMSX
EDIV
PRMSX vs. EDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Emerging Markets Stock Fund (PRMSX) and SPDR S&P Emerging Markets Dividend ETF (EDIV). 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.
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Dividends
PRMSX vs. EDIV - Dividend Comparison
PRMSX's dividend yield for the trailing twelve months is around 0.33%, less than EDIV's 3.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRMSX T. Rowe Price Emerging Markets Stock Fund | 0.33% | 0.35% | 1.09% | 1.17% | 8.26% | 0.49% | 1.24% | 0.61% | 0.58% | 0.69% | 0.56% | 0.86% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 3.93% | 3.94% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.93% | 5.33% | 4.84% |
Drawdowns
PRMSX vs. EDIV - Drawdown Comparison
The maximum PRMSX drawdown since its inception was -71.13%, which is greater than EDIV's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for PRMSX and EDIV.
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Volatility
PRMSX vs. EDIV - Volatility Comparison
T. Rowe Price Emerging Markets Stock Fund (PRMSX) has a higher volatility of 3.52% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 2.87%. This indicates that PRMSX's price experiences larger fluctuations and is considered to be riskier than EDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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