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

Correlation

The correlation between PSILX and PRSNX 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

PSILX vs. PRSNX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

PSILX:

0.67

PRSNX:

1.46

Sortino Ratio

PSILX:

1.08

PRSNX:

2.19

Omega Ratio

PSILX:

1.14

PRSNX:

1.27

Calmar Ratio

PSILX:

0.63

PRSNX:

0.74

Martin Ratio

PSILX:

2.68

PRSNX:

6.09

Ulcer Index

PSILX:

4.30%

PRSNX:

0.79%

Daily Std Dev

PSILX:

16.22%

PRSNX:

3.46%

Max Drawdown

PSILX:

-67.58%

PRSNX:

-19.05%

Current Drawdown

PSILX:

-3.65%

PRSNX:

-1.37%

Returns By Period

In the year-to-date period, PSILX achieves a 12.38% return, which is significantly higher than PRSNX's 1.12% return. Over the past 10 years, PSILX has outperformed PRSNX with an annualized return of 3.23%, while PRSNX has yielded a comparatively lower 3.01% annualized return.


PSILX

YTD

12.38%

1M

10.12%

6M

8.82%

1Y

10.75%

5Y*

8.27%

10Y*

3.23%

PRSNX

YTD

1.12%

1M

1.63%

6M

0.78%

1Y

5.00%

5Y*

2.66%

10Y*

3.01%

*Annualized

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PSILX vs. PRSNX - Expense Ratio Comparison

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


Risk-Adjusted Performance

PSILX vs. PRSNX — Risk-Adjusted Performance Rank

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

PSILX
The Risk-Adjusted Performance Rank of PSILX is 6868
Overall Rank
The Sharpe Ratio Rank of PSILX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of PSILX is 6767
Sortino Ratio Rank
The Omega Ratio Rank of PSILX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of PSILX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of PSILX is 7171
Martin Ratio Rank

PRSNX
The Risk-Adjusted Performance Rank of PRSNX is 8787
Overall Rank
The Sharpe Ratio Rank of PRSNX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of PRSNX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of PRSNX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of PRSNX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of PRSNX is 9090
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.

PSILX vs. PRSNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum International Equity Fund (PSILX) and T. Rowe Price Global Multi-Sector Bond Fund (PRSNX). 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 PSILX Sharpe Ratio is 0.67, which is lower than the PRSNX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of PSILX and PRSNX, 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

PSILX vs. PRSNX - Dividend Comparison

PSILX's dividend yield for the trailing twelve months is around 1.81%, less than PRSNX's 4.51% yield.


TTM20242023202220212020201920182017201620152014
PSILX
T. Rowe Price Spectrum International Equity Fund
1.81%2.04%1.88%1.45%1.30%0.75%1.99%1.97%1.37%1.77%1.36%3.82%
PRSNX
T. Rowe Price Global Multi-Sector Bond Fund
4.51%5.09%4.60%3.40%3.00%3.17%3.55%3.62%3.42%3.45%3.60%4.08%

Drawdowns

PSILX vs. PRSNX - Drawdown Comparison

The maximum PSILX drawdown since its inception was -67.58%, which is greater than PRSNX's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for PSILX and PRSNX. For additional features, visit the drawdowns tool.


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Volatility

PSILX vs. PRSNX - Volatility Comparison

T. Rowe Price Spectrum International Equity Fund (PSILX) has a higher volatility of 3.54% compared to T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) at 1.18%. This indicates that PSILX's price experiences larger fluctuations and is considered to be riskier than PRSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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