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.
Correlation
The correlation between PRMSX and EDIV is 0.80, 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.
Performance
PRMSX vs. EDIV - Performance Comparison
Key characteristics
PRMSX:
0.23
EDIV:
1.15
PRMSX:
0.42
EDIV:
1.67
PRMSX:
1.05
EDIV:
1.21
PRMSX:
0.07
EDIV:
1.32
PRMSX:
0.62
EDIV:
3.11
PRMSX:
5.00%
EDIV:
4.35%
PRMSX:
13.48%
EDIV:
11.80%
PRMSX:
-73.10%
EDIV:
-53.35%
PRMSX:
-41.21%
EDIV:
-7.05%
Returns By Period
In the year-to-date period, PRMSX achieves a 2.27% return, which is significantly higher than EDIV's 0.52% return. Over the past 10 years, PRMSX has underperformed EDIV with an annualized return of 0.95%, while EDIV has yielded a comparatively higher 4.37% annualized return.
PRMSX
2.27%
3.80%
-0.29%
2.41%
-5.24%
0.95%
EDIV
0.52%
3.59%
2.05%
13.13%
7.45%
4.37%
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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.
Dividends
PRMSX vs. EDIV - Dividend Comparison
PRMSX's dividend yield for the trailing twelve months is around 0.34%, less than EDIV's 3.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRMSX T. Rowe Price Emerging Markets Stock Fund | 0.34% | 0.35% | 1.09% | 0.48% | 0.73% | 0.38% | 1.24% | 0.61% | 0.40% | 0.51% | 0.53% | 0.59% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 3.92% | 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 -73.10%, 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. For additional features, visit the drawdowns tool.
Volatility
PRMSX vs. EDIV - Volatility Comparison
T. Rowe Price Emerging Markets Stock Fund (PRMSX) has a higher volatility of 4.07% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 2.24%. 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.