PRSNX vs. VFINX
Compare and contrast key facts about T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) and Vanguard 500 Index Fund Investor Shares (VFINX).
PRSNX is managed by T. Rowe Price. It was launched on Dec 14, 2008. VFINX is managed by Vanguard.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRSNX or VFINX.
Key characteristics
| PRSNX | VFINX | |
|---|---|---|
| YTD Return | 4.74% | 27.01% |
| 1Y Return | 11.18% | 39.71% |
| 3Y Return (Ann) | -0.83% | 10.16% |
| 5Y Return (Ann) | 1.04% | 15.99% |
| 10Y Return (Ann) | 2.27% | 13.37% |
| Sharpe Ratio | 2.74 | 3.12 |
| Sortino Ratio | 4.62 | 4.15 |
| Omega Ratio | 1.59 | 1.58 |
| Calmar Ratio | 0.79 | 4.57 |
| Martin Ratio | 17.47 | 20.65 |
| Ulcer Index | 0.61% | 1.87% |
| Daily Std Dev | 3.87% | 12.39% |
| Max Drawdown | -19.82% | -55.25% |
| Current Drawdown | -3.66% | 0.00% |
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.
Performance
PRSNX vs. VFINX - Performance Comparison
In the year-to-date period, PRSNX achieves a 4.74% return, which is significantly lower than VFINX's 27.01% return. Over the past 10 years, PRSNX has underperformed VFINX with an annualized return of 2.27%, while VFINX has yielded a comparatively higher 13.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRSNX vs. VFINX - Expense Ratio Comparison
PRSNX has a 0.65% expense ratio, which is higher than VFINX's 0.14% expense ratio.
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.
Dividends
PRSNX vs. VFINX - Dividend Comparison
PRSNX's dividend yield for the trailing twelve months is around 5.02%, more than VFINX's 1.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRSNX T. Rowe Price Global Multi-Sector Bond Fund | 5.02% | 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 | 1.14% | 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.
Volatility
PRSNX vs. VFINX - Volatility Comparison
The current volatility for T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) is 0.89%, while Vanguard 500 Index Fund Investor Shares (VFINX) has a volatility of 3.91%. 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.