PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PRSNX vs. PSILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRSNX and PSILX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

PRSNX vs. PSILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) and T. Rowe Price Spectrum International Equity Fund (PSILX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
2.21%
-2.60%
PRSNX
PSILX

Key characteristics

Sharpe Ratio

PRSNX:

1.23

PSILX:

0.33

Sortino Ratio

PRSNX:

1.87

PSILX:

0.53

Omega Ratio

PRSNX:

1.23

PSILX:

1.06

Calmar Ratio

PRSNX:

0.46

PSILX:

0.26

Martin Ratio

PRSNX:

6.26

PSILX:

1.24

Ulcer Index

PRSNX:

0.68%

PSILX:

3.26%

Daily Std Dev

PRSNX:

3.46%

PSILX:

12.34%

Max Drawdown

PRSNX:

-19.82%

PSILX:

-61.38%

Current Drawdown

PRSNX:

-4.72%

PSILX:

-9.72%

Returns By Period

In the year-to-date period, PRSNX achieves a 3.59% return, which is significantly higher than PSILX's 2.67% return. Over the past 10 years, PRSNX has underperformed PSILX with an annualized return of 2.53%, while PSILX has yielded a comparatively higher 4.40% annualized return.


PRSNX

YTD

3.59%

1M

-0.60%

6M

2.21%

1Y

4.25%

5Y*

0.94%

10Y*

2.53%

PSILX

YTD

2.67%

1M

-2.34%

6M

-2.60%

1Y

4.10%

5Y*

2.87%

10Y*

4.40%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PRSNX vs. PSILX - Expense Ratio Comparison

PRSNX has a 0.65% expense ratio, which is lower than PSILX's 0.89% expense ratio.


PSILX
T. Rowe Price Spectrum International Equity Fund
Expense ratio chart for PSILX: current value at 0.89% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.89%
Expense ratio chart for PRSNX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

PRSNX vs. PSILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) and T. Rowe Price Spectrum International Equity Fund (PSILX). 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.


Sharpe ratio
The chart of Sharpe ratio for PRSNX, currently valued at 1.23, compared to the broader market-1.000.001.002.003.004.001.230.33
The chart of Sortino ratio for PRSNX, currently valued at 1.87, compared to the broader market-2.000.002.004.006.008.0010.001.870.53
The chart of Omega ratio for PRSNX, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.003.501.231.06
The chart of Calmar ratio for PRSNX, currently valued at 0.46, compared to the broader market0.002.004.006.008.0010.0012.000.460.26
The chart of Martin ratio for PRSNX, currently valued at 6.26, compared to the broader market0.0020.0040.0060.006.261.24
PRSNX
PSILX

The current PRSNX Sharpe Ratio is 1.23, which is higher than the PSILX Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of PRSNX and PSILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.23
0.33
PRSNX
PSILX

Dividends

PRSNX vs. PSILX - Dividend Comparison

PRSNX's dividend yield for the trailing twelve months is around 4.66%, while PSILX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PRSNX
T. Rowe Price Global Multi-Sector Bond Fund
4.66%4.60%3.40%3.00%3.17%3.55%3.62%3.42%3.45%3.60%4.08%3.64%
PSILX
T. Rowe Price Spectrum International Equity Fund
0.00%1.88%1.45%1.30%0.75%1.99%1.97%1.37%1.77%1.36%3.82%1.33%

Drawdowns

PRSNX vs. PSILX - Drawdown Comparison

The maximum PRSNX drawdown since its inception was -19.82%, smaller than the maximum PSILX drawdown of -61.38%. Use the drawdown chart below to compare losses from any high point for PRSNX and PSILX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.72%
-9.72%
PRSNX
PSILX

Volatility

PRSNX vs. PSILX - Volatility Comparison

The current volatility for T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) is 1.10%, while T. Rowe Price Spectrum International Equity Fund (PSILX) has a volatility of 3.27%. This indicates that PRSNX experiences smaller price fluctuations and is considered to be less risky than PSILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
1.10%
3.27%
PRSNX
PSILX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab