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RPSIX vs. PRSIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RPSIX and PRSIX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

RPSIX vs. PRSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Spectrum Income Fund (RPSIX) and T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RPSIX:

1.44

PRSIX:

0.95

Sortino Ratio

RPSIX:

2.15

PRSIX:

1.44

Omega Ratio

RPSIX:

1.27

PRSIX:

1.21

Calmar Ratio

RPSIX:

0.75

PRSIX:

1.09

Martin Ratio

RPSIX:

4.89

PRSIX:

4.82

Ulcer Index

RPSIX:

1.06%

PRSIX:

1.53%

Daily Std Dev

RPSIX:

3.68%

PRSIX:

7.26%

Max Drawdown

RPSIX:

-17.66%

PRSIX:

-29.56%

Current Drawdown

RPSIX:

-0.82%

PRSIX:

0.00%

Returns By Period

In the year-to-date period, RPSIX achieves a 2.22% return, which is significantly lower than PRSIX's 3.18% return. Over the past 10 years, RPSIX has underperformed PRSIX with an annualized return of 2.40%, while PRSIX has yielded a comparatively higher 5.28% annualized return.


RPSIX

YTD

2.22%

1M

1.37%

6M

2.22%

1Y

5.26%

3Y*

3.32%

5Y*

2.55%

10Y*

2.40%

PRSIX

YTD

3.18%

1M

4.51%

6M

2.70%

1Y

6.78%

3Y*

6.61%

5Y*

6.70%

10Y*

5.28%

*Annualized

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RPSIX vs. PRSIX - Expense Ratio Comparison

RPSIX has a 0.62% expense ratio, which is higher than PRSIX's 0.36% expense ratio.


Risk-Adjusted Performance

RPSIX vs. PRSIX — Risk-Adjusted Performance Rank

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

RPSIX
The Risk-Adjusted Performance Rank of RPSIX is 8585
Overall Rank
The Sharpe Ratio Rank of RPSIX is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of RPSIX is 8888
Sortino Ratio Rank
The Omega Ratio Rank of RPSIX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of RPSIX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of RPSIX is 8585
Martin Ratio Rank

PRSIX
The Risk-Adjusted Performance Rank of PRSIX is 8282
Overall Rank
The Sharpe Ratio Rank of PRSIX is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of PRSIX is 7979
Sortino Ratio Rank
The Omega Ratio Rank of PRSIX is 8181
Omega Ratio Rank
The Calmar Ratio Rank of PRSIX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of PRSIX is 8585
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.

RPSIX vs. PRSIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Income Fund (RPSIX) and T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX). 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 RPSIX Sharpe Ratio is 1.44, which is higher than the PRSIX Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of RPSIX and PRSIX, 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

RPSIX vs. PRSIX - Dividend Comparison

RPSIX's dividend yield for the trailing twelve months is around 5.32%, more than PRSIX's 3.56% yield.


TTM20242023202220212020201920182017201620152014
RPSIX
T. Rowe Price Spectrum Income Fund
5.32%5.06%4.25%4.93%3.92%3.64%3.79%4.73%3.91%3.77%4.72%4.39%
PRSIX
T. Rowe Price Spectrum Conservative Allocation Fund
3.56%3.71%3.77%2.19%1.31%1.35%2.30%2.28%1.69%2.00%2.14%2.04%

Drawdowns

RPSIX vs. PRSIX - Drawdown Comparison

The maximum RPSIX drawdown since its inception was -17.66%, smaller than the maximum PRSIX drawdown of -29.56%. Use the drawdown chart below to compare losses from any high point for RPSIX and PRSIX. For additional features, visit the drawdowns tool.


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Volatility

RPSIX vs. PRSIX - Volatility Comparison

The current volatility for T. Rowe Price Spectrum Income Fund (RPSIX) is 0.72%, while T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) has a volatility of 1.82%. This indicates that RPSIX experiences smaller price fluctuations and is considered to be less risky than PRSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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