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PRSGX vs. PRSIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PRSGX vs. PRSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Spectrum Diversified Equity Fund (PRSGX) and T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX). The values are adjusted to include any dividend payments, if applicable.

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PRSGX vs. PRSIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PRSGX
T. Rowe Price Spectrum Diversified Equity Fund
-6.62%33.73%17.16%20.89%-18.86%20.65%18.34%27.08%-8.66%24.22%
PRSIX
T. Rowe Price Spectrum Conservative Allocation Fund
-1.77%11.91%8.53%11.97%-13.65%7.07%11.70%16.78%-3.01%12.28%

Returns By Period

In the year-to-date period, PRSGX achieves a -6.62% return, which is significantly lower than PRSIX's -1.77% return. Over the past 10 years, PRSGX has outperformed PRSIX with an annualized return of 12.21%, while PRSIX has yielded a comparatively lower 6.26% annualized return.


PRSGX

1D
-0.38%
1M
-8.18%
YTD
-6.62%
6M
11.11%
1Y
28.10%
3Y*
18.78%
5Y*
10.22%
10Y*
12.21%

PRSIX

1D
0.00%
1M
-4.88%
YTD
-1.77%
6M
0.34%
1Y
8.65%
3Y*
8.75%
5Y*
3.90%
10Y*
6.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PRSGX vs. PRSIX - Expense Ratio Comparison

PRSGX has a 0.73% expense ratio, which is higher than PRSIX's 0.36% expense ratio.


Return for Risk

PRSGX vs. PRSIX — Risk / Return Rank

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

PRSGX
PRSGX Risk / Return Rank: 8484
Overall Rank
PRSGX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
PRSGX Sortino Ratio Rank: 8989
Sortino Ratio Rank
PRSGX Omega Ratio Rank: 8787
Omega Ratio Rank
PRSGX Calmar Ratio Rank: 8484
Calmar Ratio Rank
PRSGX Martin Ratio Rank: 8989
Martin Ratio Rank

PRSIX
PRSIX Risk / Return Rank: 6969
Overall Rank
PRSIX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
PRSIX Sortino Ratio Rank: 6969
Sortino Ratio Rank
PRSIX Omega Ratio Rank: 7171
Omega Ratio Rank
PRSIX Calmar Ratio Rank: 6565
Calmar Ratio Rank
PRSIX Martin Ratio Rank: 6767
Martin Ratio Rank
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.

PRSGX vs. PRSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Diversified Equity Fund (PRSGX) and T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX). 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.


PRSGXPRSIXDifference

Sharpe ratio

Return per unit of total volatility

1.21

1.24

-0.03

Sortino ratio

Return per unit of downside risk

2.45

1.71

+0.74

Omega ratio

Gain probability vs. loss probability

1.37

1.26

+0.10

Calmar ratio

Return relative to maximum drawdown

2.10

1.47

+0.63

Martin ratio

Return relative to average drawdown

9.75

6.32

+3.43

PRSGX vs. PRSIX - Sharpe Ratio Comparison

The current PRSGX Sharpe Ratio is 1.21, which is comparable to the PRSIX Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of PRSGX and PRSIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PRSGXPRSIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.21

1.24

-0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.56

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.68

0.85

-0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.84

-0.28

Correlation

The correlation between PRSGX and PRSIX is 0.94, 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

PRSGX vs. PRSIX - Dividend Comparison

PRSGX's dividend yield for the trailing twelve months is around 31.48%, more than PRSIX's 7.37% yield.


TTM20252024202320222021202020192018201720162015
PRSGX
T. Rowe Price Spectrum Diversified Equity Fund
31.48%29.40%6.66%4.93%10.33%6.54%13.48%9.06%11.25%6.98%6.39%11.48%
PRSIX
T. Rowe Price Spectrum Conservative Allocation Fund
7.37%7.12%3.92%3.78%5.63%7.63%3.77%5.11%5.27%3.43%2.22%4.56%

Drawdowns

PRSGX vs. PRSIX - Drawdown Comparison

The maximum PRSGX drawdown since its inception was -56.47%, which is greater than PRSIX's maximum drawdown of -30.00%. Use the drawdown chart below to compare losses from any high point for PRSGX and PRSIX.


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Drawdown Indicators


PRSGXPRSIXDifference

Max Drawdown

Largest peak-to-trough decline

-56.47%

-30.00%

-26.47%

Max Drawdown (1Y)

Largest decline over 1 year

-11.99%

-5.59%

-6.40%

Max Drawdown (5Y)

Largest decline over 5 years

-26.86%

-18.69%

-8.17%

Max Drawdown (10Y)

Largest decline over 10 years

-34.52%

-19.28%

-15.24%

Current Drawdown

Current decline from peak

-8.88%

-5.02%

-3.86%

Average Drawdown

Average peak-to-trough decline

-7.49%

-2.83%

-4.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.88%

1.30%

+1.58%

Volatility

PRSGX vs. PRSIX - Volatility Comparison

T. Rowe Price Spectrum Diversified Equity Fund (PRSGX) has a higher volatility of 4.47% compared to T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) at 2.69%. This indicates that PRSGX's price experiences larger fluctuations and is considered to be riskier than PRSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRSGXPRSIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.47%

2.69%

+1.78%

Volatility (6M)

Calculated over the trailing 6-month period

18.16%

4.35%

+13.81%

Volatility (1Y)

Calculated over the trailing 1-year period

24.65%

7.13%

+17.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.73%

6.97%

+10.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.01%

7.36%

+10.65%