PSILX vs. FNPFX

Last updated Apr 1, 2026

Compare and contrast key facts about T. Rowe Price Spectrum International Equity Fund (PSILX) and American Funds New Perspective Fund Class F-3 (FNPFX).

PSILX is managed by T. Rowe Price. It was launched on Dec 31, 1996. FNPFX is managed by American Funds. It was launched on Mar 13, 1973.

Performance

PSILX vs. FNPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Spectrum International Equity Fund (PSILX) and American Funds New Perspective Fund Class F-3 (FNPFX). The values are adjusted to include any dividend payments, if applicable.

PSILX vs. FNPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSILX T. Rowe Price Spectrum International Equity Fund	-3.32%	30.30%	4.28%	13.83%	-18.04%	5.00%	13.94%	25.00%	-14.83%	21.34%
FNPFX American Funds New Perspective Fund Class F-3	-8.09%	21.73%	17.10%	25.08%	-25.70%	18.01%	33.87%	30.48%	-5.71%	23.61%

Returns By Period

In the year-to-date period, PSILX achieves a -3.32% return, which is significantly higher than FNPFX's -8.09% return.

PSILX

• 1D: -0.18%
• 1M: -12.54%
• YTD: -3.32%
• 6M: 1.15%
• 1Y: 18.04%
• 3Y*: 11.65%
• 5Y*: 4.32%
• 10Y*: 7.11%

FNPFX

• 1D: -0.18%
• 1M: -10.47%
• YTD: -8.09%
• 6M: -5.71%
• 1Y: 14.01%
• 3Y*: 14.09%
• 5Y*: 7.04%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSILX vs. FNPFX - Expense Ratio Comparison

PSILX has a 0.89% expense ratio, which is higher than FNPFX's 0.41% expense ratio.

PSILX

T. Rowe Price Spectrum International Equity Fund

FNPFX

American Funds New Perspective Fund Class F-3

Return for Risk

PSILX vs. FNPFX — Risk / Return Rank

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

PSILX

PSILX Risk / Return Rank: 51
PSILX Sharpe Ratio Rank: 60
PSILX Sortino Ratio Rank: 56
PSILX Omega Ratio Rank: 56
PSILX Calmar Ratio Rank: 42
PSILX Martin Ratio Rank: 40

FNPFX

FNPFX Risk / Return Rank: 39
FNPFX Sharpe Ratio Rank: 39
FNPFX Sortino Ratio Rank: 42
FNPFX Omega Ratio Rank: 38
FNPFX Calmar Ratio Rank: 36
FNPFX Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSILX vs. FNPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum International Equity Fund (PSILX) and American Funds New Perspective Fund Class F-3 (FNPFX). 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.

	PSILX	FNPFX	Difference
Sharpe ratio Return per unit of total volatility	1.07	0.81	+0.25
Sortino ratio Return per unit of downside risk	1.49	1.26	+0.23
Omega ratio Gain probability vs. loss probability	1.22	1.17	+0.05
Calmar ratio Return relative to maximum drawdown	1.08	0.97	+0.11
Martin ratio Return relative to average drawdown	4.19	4.04	+0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSILX vs. FNPFX - Sharpe Ratio Comparison

The current PSILX Sharpe Ratio is 1.07, which is higher than the FNPFX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of PSILX and FNPFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PSILX	FNPFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	0.81	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.41	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.69	-0.38

Correlation

The correlation between PSILX and FNPFX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PSILX vs. FNPFX - Dividend Comparison

PSILX's dividend yield for the trailing twelve months is around 5.60%, less than FNPFX's 7.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSILX T. Rowe Price Spectrum International Equity Fund	5.60%	5.42%	2.04%	1.88%	6.67%	3.49%	0.88%	3.49%	6.69%	0.58%	0.17%	0.08%
FNPFX American Funds New Perspective Fund Class F-3	7.48%	6.88%	5.46%	5.68%	4.53%	7.32%	4.41%	3.98%	7.95%	5.82%	0.00%	0.00%

Drawdowns

PSILX vs. FNPFX - Drawdown Comparison

The maximum PSILX drawdown since its inception was -61.38%, which is greater than FNPFX's maximum drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for PSILX and FNPFX.

Drawdown Indicators

	PSILX	FNPFX	Difference
Max Drawdown Largest peak-to-trough decline	-61.38%	-34.25%	-27.13%
Max Drawdown (1Y) Largest decline over 1 year	-12.72%	-11.74%	-0.98%
Max Drawdown (5Y) Largest decline over 5 years	-33.13%	-34.25%	+1.12%
Max Drawdown (10Y) Largest decline over 10 years	-33.33%	—	—
Current Drawdown Current decline from peak	-12.72%	-11.43%	-1.29%
Average Drawdown Average peak-to-trough decline	-14.14%	-6.80%	-7.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	2.82%	+0.53%

Volatility

PSILX vs. FNPFX - Volatility Comparison

T. Rowe Price Spectrum International Equity Fund (PSILX) has a higher volatility of 7.39% compared to American Funds New Perspective Fund Class F-3 (FNPFX) at 5.12%. This indicates that PSILX's price experiences larger fluctuations and is considered to be riskier than FNPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSILX	FNPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.39%	5.12%	+2.27%
Volatility (6M) Calculated over the trailing 6-month period	11.34%	9.84%	+1.50%
Volatility (1Y) Calculated over the trailing 1-year period	16.49%	16.78%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.47%	17.10%	-1.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.09%	18.18%	-2.09%