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PRSNX vs. TRVLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRSNX and TRVLX is 0.16, 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.


Performance

PRSNX vs. TRVLX - 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 Value Fund (TRVLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PRSNX:

1.61

TRVLX:

-0.10

Sortino Ratio

PRSNX:

2.50

TRVLX:

0.06

Omega Ratio

PRSNX:

1.31

TRVLX:

1.01

Calmar Ratio

PRSNX:

0.68

TRVLX:

-0.04

Martin Ratio

PRSNX:

7.30

TRVLX:

-0.10

Ulcer Index

PRSNX:

0.75%

TRVLX:

7.16%

Daily Std Dev

PRSNX:

3.47%

TRVLX:

17.06%

Max Drawdown

PRSNX:

-19.82%

TRVLX:

-62.03%

Current Drawdown

PRSNX:

-2.30%

TRVLX:

-11.21%

Returns By Period

In the year-to-date period, PRSNX achieves a 1.87% return, which is significantly lower than TRVLX's 2.24% return. Over the past 10 years, PRSNX has underperformed TRVLX with an annualized return of 2.62%, while TRVLX has yielded a comparatively higher 3.86% annualized return.


PRSNX

YTD

1.87%

1M

1.73%

6M

1.41%

1Y

5.77%

5Y*

2.36%

10Y*

2.62%

TRVLX

YTD

2.24%

1M

4.95%

6M

-9.38%

1Y

-1.88%

5Y*

9.14%

10Y*

3.86%

*Annualized

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PRSNX vs. TRVLX - Expense Ratio Comparison

Both PRSNX and TRVLX have an expense ratio of 0.65%.


Risk-Adjusted Performance

PRSNX vs. TRVLX — Risk-Adjusted Performance Rank

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

PRSNX
The Risk-Adjusted Performance Rank of PRSNX is 8888
Overall Rank
The Sharpe Ratio Rank of PRSNX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of PRSNX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of PRSNX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of PRSNX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of PRSNX is 9191
Martin Ratio Rank

TRVLX
The Risk-Adjusted Performance Rank of TRVLX is 1919
Overall Rank
The Sharpe Ratio Rank of TRVLX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of TRVLX is 1919
Sortino Ratio Rank
The Omega Ratio Rank of TRVLX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of TRVLX is 1919
Calmar Ratio Rank
The Martin Ratio Rank of TRVLX is 2020
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PRSNX vs. TRVLX - 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 Value Fund (TRVLX). 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.


The current PRSNX Sharpe Ratio is 1.61, which is higher than the TRVLX Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of PRSNX and TRVLX, 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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Dividends

PRSNX vs. TRVLX - Dividend Comparison

PRSNX's dividend yield for the trailing twelve months is around 4.49%, more than TRVLX's 1.26% yield.


TTM20242023202220212020201920182017201620152014
PRSNX
T. Rowe Price Global Multi-Sector Bond Fund
4.49%5.09%4.60%3.40%3.00%3.17%3.55%3.62%3.42%3.45%3.60%4.08%
TRVLX
T. Rowe Price Value Fund
1.26%1.29%1.33%1.39%0.75%0.68%1.69%1.77%1.31%1.66%2.08%1.24%

Drawdowns

PRSNX vs. TRVLX - Drawdown Comparison

The maximum PRSNX drawdown since its inception was -19.82%, smaller than the maximum TRVLX drawdown of -62.03%. Use the drawdown chart below to compare losses from any high point for PRSNX and TRVLX. For additional features, visit the drawdowns tool.


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Volatility

PRSNX vs. TRVLX - Volatility Comparison

The current volatility for T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) is 1.12%, while T. Rowe Price Value Fund (TRVLX) has a volatility of 5.37%. This indicates that PRSNX experiences smaller price fluctuations and is considered to be less risky than TRVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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