RPGAX vs. PDSYX
RPGAX (T. Rowe Price Global Allocation Fund) and PDSYX (Principal Diversified Select Real Asset Fund) are both Global Allocation funds. Over the past 5 years, RPGAX returned 5.81%/yr vs 3.56%/yr for PDSYX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. RPGAX charges 1.01%/yr vs 1.20%/yr for PDSYX.
Performance
RPGAX vs. PDSYX - Performance Comparison
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Returns By Period
In the year-to-date period, RPGAX achieves a 7.14% return, which is significantly higher than PDSYX's 5.66% return.
RPGAX
- 1D
- 1.18%
- 1M
- -0.06%
- 6M
- 4.52%
- YTD
- 7.14%
- 1Y
- 15.45%
- 3Y*
- 11.73%
- 5Y*
- 5.81%
- 10Y*
- 7.90%
- ALL TIME*
- 7.03%
PDSYX
- 1D
- 0.28%
- 1M
- 0.95%
- 6M
- 3.92%
- YTD
- 5.66%
- 1Y
- 9.38%
- 3Y*
- 5.91%
- 5Y*
- 3.56%
- 10Y*
- —
- ALL TIME*
- 4.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RPGAX vs. PDSYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RPGAX T. Rowe Price Global Allocation Fund | 7.14% | 15.00% | 9.65% | 13.78% | -14.54% | 9.17% | 14.80% | 6.09% |
PDSYX Principal Diversified Select Real Asset Fund | 5.66% | 7.90% | 3.65% | 2.45% | -5.36% | 14.81% | 2.43% | 4.08% |
Correlation
The correlation between RPGAX and PDSYX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2019 | 0.75 |
Over the past year, the correlation between RPGAX and PDSYX has dropped to 0.52 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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Return for Risk
RPGAX vs. PDSYX — Risk / Return Rank
RPGAX
PDSYX
RPGAX vs. PDSYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Allocation Fund (RPGAX) and Principal Diversified Select Real Asset Fund (PDSYX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RPGAX | PDSYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.63 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 4.72 | -2.57 |
| Martin ratioReturn relative to average drawdown | 9.12 | 18.93 | -9.81 |
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Drawdowns
RPGAX vs. PDSYX - Drawdown Comparison
The maximum RPGAX drawdown since its inception was -24.42%, smaller than the maximum PDSYX drawdown of -30.01%. Use the drawdown chart below to compare losses from any high point for RPGAX and PDSYX.
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Drawdown Indicators
| RPGAX | PDSYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.42% | -30.01% | +5.59% |
Max Drawdown (1Y)Largest decline over 1 year | -6.75% | -1.98% | -4.77% |
Max Drawdown (3Y)Largest decline over 3 years | -9.57% | -5.84% | -3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -21.79% | -10.95% | -10.84% |
Max Drawdown (10Y)Largest decline over 10 years | -24.42% | — | — |
Current DrawdownCurrent decline from peak | -0.70% | 0.00% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -4.26% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 0.49% | +1.10% |
Volatility
RPGAX vs. PDSYX - Volatility Comparison
T. Rowe Price Global Allocation Fund (RPGAX) has a higher volatility of 2.51% compared to Principal Diversified Select Real Asset Fund (PDSYX) at 0.72%. This indicates that RPGAX's price experiences larger fluctuations and is considered to be riskier than PDSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RPGAX | PDSYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.51% | 0.72% | +1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 7.31% | 2.36% | +4.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.60% | 3.02% | +5.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.58% | 6.23% | +3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.20% | 8.63% | +1.57% |
RPGAX vs. PDSYX - Expense Ratio Comparison
RPGAX has a 1.01% expense ratio, which is lower than PDSYX's 1.20% expense ratio.
Dividends
RPGAX vs. PDSYX - Dividend Comparison
RPGAX's dividend yield for the trailing twelve months is around 6.56%, more than PDSYX's 1.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDSYX Principal Diversified Select Real Asset Fund | 1.55% | 1.85% | 2.18% | 2.06% | 1.58% | 7.46% | 2.70% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% |
RPGAX T. Rowe Price Global Allocation Fund | 6.56% | 7.03% | 5.24% | 2.49% | 3.15% | 7.54% | 1.05% | 2.97% | 2.52% | 0.75% | 0.36% | 1.62% |
Frequently Asked Questions
RPGAX and PDSYX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RPGAX has higher volatility (2.51%) compared to PDSYX (0.72%). In terms of maximum drawdown, RPGAX dropped -24.42% vs PDSYX's -30.01%.
PDSYX currently has the higher Sharpe Ratio (3.09 vs 1.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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