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PRSIX vs. PRSGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PRSIX vs. PRSGX - Performance Comparison

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

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PRSIX vs. PRSGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
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%

Returns By Period

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


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%

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

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PRSIX vs. PRSGX - Expense Ratio Comparison

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


Return for Risk

PRSIX vs. PRSGX — Risk / Return Rank

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

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

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
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.

PRSIX vs. PRSGX - Risk-Adjusted Trends Comparison

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


PRSIXPRSGXDifference

Sharpe ratio

Return per unit of total volatility

1.24

1.21

+0.03

Sortino ratio

Return per unit of downside risk

1.71

2.45

-0.74

Omega ratio

Gain probability vs. loss probability

1.26

1.37

-0.10

Calmar ratio

Return relative to maximum drawdown

1.47

2.10

-0.63

Martin ratio

Return relative to average drawdown

6.32

9.75

-3.43

PRSIX vs. PRSGX - Sharpe Ratio Comparison

The current PRSIX Sharpe Ratio is 1.24, which is comparable to the PRSGX Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of PRSIX and PRSGX, 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


PRSIXPRSGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.24

1.21

+0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.56

0.58

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

0.68

+0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.57

+0.28

Correlation

The correlation between PRSIX and PRSGX 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

PRSIX vs. PRSGX - Dividend Comparison

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


TTM20252024202320222021202020192018201720162015
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%
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%

Drawdowns

PRSIX vs. PRSGX - Drawdown Comparison

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


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Drawdown Indicators


PRSIXPRSGXDifference

Max Drawdown

Largest peak-to-trough decline

-30.00%

-56.47%

+26.47%

Max Drawdown (1Y)

Largest decline over 1 year

-5.59%

-11.99%

+6.40%

Max Drawdown (5Y)

Largest decline over 5 years

-18.69%

-26.86%

+8.17%

Max Drawdown (10Y)

Largest decline over 10 years

-19.28%

-34.52%

+15.24%

Current Drawdown

Current decline from peak

-5.02%

-8.88%

+3.86%

Average Drawdown

Average peak-to-trough decline

-2.83%

-7.49%

+4.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.30%

2.88%

-1.58%

Volatility

PRSIX vs. PRSGX - Volatility Comparison

The current volatility for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) is 2.69%, while T. Rowe Price Spectrum Diversified Equity Fund (PRSGX) has a volatility of 4.47%. This indicates that PRSIX experiences smaller price fluctuations and is considered to be less risky than PRSGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRSIXPRSGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.69%

4.47%

-1.78%

Volatility (6M)

Calculated over the trailing 6-month period

4.35%

18.16%

-13.81%

Volatility (1Y)

Calculated over the trailing 1-year period

7.13%

24.65%

-17.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.97%

17.73%

-10.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.36%

18.01%

-10.65%