PRSIX vs. SGOVX
PRSIX (T. Rowe Price Spectrum Conservative Allocation Fund) and SGOVX (First Eagle Overseas Fund) are both mutual funds - PRSIX is a Diversified Portfolio fund managed by T. Rowe Price, while SGOVX is a Foreign Large Cap Equities fund managed by First Eagle. Over the past 10 years, PRSIX returned 6.84%/yr vs 8.24%/yr for SGOVX. A 0.59 correlation means they provide meaningful diversification when combined. PRSIX charges 0.36%/yr vs 1.16%/yr for SGOVX.
Performance
PRSIX vs. SGOVX - Performance Comparison
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Returns By Period
In the year-to-date period, PRSIX achieves a 5.01% return, which is significantly lower than SGOVX's 7.60% return. Over the past 10 years, PRSIX has underperformed SGOVX with an annualized return of 6.84%, while SGOVX has yielded a comparatively higher 8.24% annualized return.
PRSIX
- 1D
- 1.14%
- 1M
- 0.19%
- YTD
- 5.01%
- 6M
- 5.51%
- 1Y
- 12.50%
- 3Y*
- 10.58%
- 5Y*
- 4.58%
- 10Y*
- 6.84%
SGOVX
- 1D
- 2.06%
- 1M
- -2.56%
- YTD
- 7.60%
- 6M
- 8.67%
- 1Y
- 23.76%
- 3Y*
- 17.58%
- 5Y*
- 9.30%
- 10Y*
- 8.24%
PRSIX vs. SGOVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRSIX T. Rowe Price Spectrum Conservative Allocation Fund | 5.01% | 11.91% | 8.53% | 11.97% | -13.65% | 7.07% | 11.70% | 16.78% | -3.01% | 12.28% |
SGOVX First Eagle Overseas Fund | 7.60% | 38.69% | 6.16% | 10.41% | -8.07% | 4.94% | 6.95% | 17.60% | -10.26% | 14.06% |
Correlation
The correlation between PRSIX and SGOVX is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 1996 | 0.59 |
Over the past year, PRSIX and SGOVX have become more correlated (0.80) than their long-term average of 0.59, meaning their price movements have been converging.
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Return for Risk
PRSIX vs. SGOVX — Risk / Return Rank
PRSIX
SGOVX
PRSIX vs. SGOVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) and First Eagle Overseas Fund (SGOVX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRSIX | SGOVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.19 | +0.37 |
| Martin ratioReturn relative to average drawdown | 11.28 | 7.18 | +4.10 |
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Drawdowns
PRSIX vs. SGOVX - Drawdown Comparison
The maximum PRSIX drawdown since its inception was -30.00%, smaller than the maximum SGOVX drawdown of -35.68%. Use the drawdown chart below to compare losses from any high point for PRSIX and SGOVX.
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Drawdown Indicators
| PRSIX | SGOVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.00% | -35.68% | +5.68% |
Max Drawdown (1Y)Largest decline over 1 year | -5.02% | -11.38% | +6.36% |
Max Drawdown (3Y)Largest decline over 3 years | -6.80% | -11.38% | +4.58% |
Max Drawdown (5Y)Largest decline over 5 years | -18.69% | -21.49% | +2.80% |
Max Drawdown (10Y)Largest decline over 10 years | -19.28% | -24.85% | +5.57% |
Current DrawdownCurrent decline from peak | -0.74% | -5.55% | +4.81% |
Average DrawdownAverage peak-to-trough decline | -2.82% | -4.46% | +1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 3.47% | -2.33% |
Volatility
PRSIX vs. SGOVX - Volatility Comparison
The current volatility for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) is 2.52%, while First Eagle Overseas Fund (SGOVX) has a volatility of 4.18%. This indicates that PRSIX experiences smaller price fluctuations and is considered to be less risky than SGOVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRSIX | SGOVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.52% | 4.18% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 5.24% | 10.81% | -5.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.14% | 12.66% | -6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.10% | 11.98% | -4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.42% | 11.46% | -4.04% |
PRSIX vs. SGOVX - Expense Ratio Comparison
PRSIX has a 0.36% expense ratio, which is lower than SGOVX's 1.16% expense ratio.
Dividends
PRSIX vs. SGOVX - Dividend Comparison
PRSIX's dividend yield for the trailing twelve months is around 6.89%, less than SGOVX's 7.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRSIX T. Rowe Price Spectrum Conservative Allocation Fund | 6.89% | 7.12% | 3.92% | 3.78% | 5.63% | 7.63% | 3.77% | 5.11% | 5.27% | 3.43% | 2.22% | 4.56% |
SGOVX First Eagle Overseas Fund | 7.87% | 8.47% | 8.43% | 2.24% | 3.62% | 5.76% | 0.21% | 5.54% | 3.05% | 3.40% | 3.59% | 1.32% |
Frequently Asked Questions
PRSIX and SGOVX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SGOVX has higher volatility (4.18%) compared to PRSIX (2.52%). In terms of maximum drawdown, PRSIX dropped -30.00% vs SGOVX's -35.68%.
PRSIX currently has the higher Sharpe Ratio (2.09 vs 1.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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