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

Correlation

The correlation between PRSNX and VFINX 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.


-0.50.00.51.00.2

Performance

PRSNX vs. VFINX - 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 Vanguard 500 Index Fund Investor Shares (VFINX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
2.21%
10.30%
PRSNX
VFINX

Key characteristics

Sharpe Ratio

PRSNX:

1.23

VFINX:

2.19

Sortino Ratio

PRSNX:

1.87

VFINX:

2.92

Omega Ratio

PRSNX:

1.23

VFINX:

1.41

Calmar Ratio

PRSNX:

0.46

VFINX:

3.24

Martin Ratio

PRSNX:

6.26

VFINX:

14.29

Ulcer Index

PRSNX:

0.68%

VFINX:

1.92%

Daily Std Dev

PRSNX:

3.46%

VFINX:

12.53%

Max Drawdown

PRSNX:

-19.82%

VFINX:

-55.25%

Current Drawdown

PRSNX:

-4.72%

VFINX:

-1.86%

Returns By Period

In the year-to-date period, PRSNX achieves a 3.59% return, which is significantly lower than VFINX's 26.77% return. Over the past 10 years, PRSNX has underperformed VFINX with an annualized return of 2.53%, while VFINX has yielded a comparatively higher 13.04% annualized return.


PRSNX

YTD

3.59%

1M

-0.60%

6M

2.21%

1Y

4.25%

5Y*

0.94%

10Y*

2.53%

VFINX

YTD

26.77%

1M

0.18%

6M

10.31%

1Y

27.21%

5Y*

14.91%

10Y*

13.04%

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. VFINX - Expense Ratio Comparison

PRSNX has a 0.65% expense ratio, which is higher than VFINX's 0.14% expense ratio.


PRSNX
T. Rowe Price Global Multi-Sector Bond Fund
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%
Expense ratio chart for VFINX: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%

Risk-Adjusted Performance

PRSNX vs. VFINX - 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 Vanguard 500 Index Fund Investor Shares (VFINX). 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-1.000.001.002.003.004.001.232.19
The chart of Sortino ratio for PRSNX, currently valued at 1.87, compared to the broader market-2.000.002.004.006.008.0010.001.872.92
The chart of Omega ratio for PRSNX, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.003.501.231.41
The chart of Calmar ratio for PRSNX, currently valued at 0.46, compared to the broader market0.002.004.006.008.0010.0012.000.463.24
The chart of Martin ratio for PRSNX, currently valued at 6.26, compared to the broader market0.0020.0040.0060.006.2614.29
PRSNX
VFINX

The current PRSNX Sharpe Ratio is 1.23, which is lower than the VFINX Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of PRSNX and VFINX, 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.23
2.19
PRSNX
VFINX

Dividends

PRSNX vs. VFINX - Dividend Comparison

PRSNX's dividend yield for the trailing twelve months is around 4.66%, more than VFINX's 1.12% yield.


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%
VFINX
Vanguard 500 Index Fund Investor Shares
1.12%1.36%1.57%1.15%1.84%1.77%1.94%1.69%1.92%1.99%1.74%1.73%

Drawdowns

PRSNX vs. VFINX - Drawdown Comparison

The maximum PRSNX drawdown since its inception was -19.82%, smaller than the maximum VFINX drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PRSNX and VFINX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.72%
-1.86%
PRSNX
VFINX

Volatility

PRSNX vs. VFINX - Volatility Comparison

The current volatility for T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) is 1.10%, while Vanguard 500 Index Fund Investor Shares (VFINX) has a volatility of 3.82%. This indicates that PRSNX experiences smaller price fluctuations and is considered to be less risky than VFINX 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%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.10%
3.82%
PRSNX
VFINX
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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.

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