TROSX vs. ANWPX

Last updated Aug 1, 2026

TROSX (T. Rowe Price Overseas Stock Fund) and ANWPX (American Funds New Perspective Fund Class A) are both mutual funds - TROSX is a Foreign Large Cap Equities fund managed by T. Rowe Price, while ANWPX is a Global Equities fund actively managed by American Funds. Over the past 10 years, TROSX returned 9.55%/yr vs 12.77%/yr for ANWPX. Their correlation of 0.90 means they have usually moved in the same direction. TROSX charges 0.77%/yr vs 0.71%/yr for ANWPX.

Performance

TROSX vs. ANWPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Overseas Stock Fund (TROSX) and American Funds New Perspective Fund Class A (ANWPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TROSX achieves a 11.98% return, which is significantly higher than ANWPX's 3.99% return. Over the past 10 years, TROSX has underperformed ANWPX with an annualized return of 9.55%, while ANWPX has yielded a comparatively higher 12.77% annualized return.

TROSX

• 1D: 2.66%
• 1M: 1.34%
• 6M: 6.46%
• YTD: 11.98%
• 1Y: 27.09%
• 3Y*: 15.71%
• 5Y*: 8.96%
• 10Y*: 9.55%
• ALL TIME*: 5.34%

ANWPX

• 1D: 2.16%
• 1M: -1.98%
• 6M: 1.42%
• YTD: 3.99%
• 1Y: 13.09%
• 3Y*: 15.07%
• 5Y*: 7.42%
• 10Y*: 12.77%
• ALL TIME*: 10.94%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ANWPX American Funds New Perspective Fund Class A	$0.00	$0.00	$0.00
TROSX T. Rowe Price Overseas Stock Fund	$0.00	$0.00	$0.00

TROSX vs. ANWPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TROSX T. Rowe Price Overseas Stock Fund	11.98%	31.78%	2.91%	16.34%	-15.42%	12.24%	9.24%	22.91%	-15.08%	27.05%
ANWPX American Funds New Perspective Fund Class A	3.99%	21.33%	16.76%	24.63%	-25.92%	17.64%	33.42%	30.10%	-5.99%	28.91%

Correlation

The correlation between TROSX and ANWPX is 0.88, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.88
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.86
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007	0.90

The correlation between TROSX and ANWPX has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

Return for Risk

TROSX vs. ANWPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TROSX

TROSX Risk / Return Rank: 66
TROSX Sharpe Ratio Rank: 69
TROSX Sortino Ratio Rank: 68
TROSX Omega Ratio Rank: 66
TROSX Calmar Ratio Rank: 64
TROSX Martin Ratio Rank: 61

ANWPX

ANWPX Risk / Return Rank: 24
ANWPX Sharpe Ratio Rank: 22
ANWPX Sortino Ratio Rank: 22
ANWPX Omega Ratio Rank: 23
ANWPX Calmar Ratio Rank: 22
ANWPX Martin Ratio Rank: 28

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TROSX vs. ANWPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Overseas Stock Fund (TROSX) and American Funds New Perspective Fund Class A (ANWPX). 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.

	TROSX	ANWPX	Difference
Sharpe ratio: Return per unit of total volatility	1.59	0.76	+0.82
Sortino ratio: Return per unit of downside risk	2.26	1.16	+1.11
Omega ratio: Gain probability vs. loss probability	1.29	1.14	+0.14
Calmar ratio: Return relative to maximum drawdown	2.08	0.99	+1.09
Martin ratio: Return relative to average drawdown	7.70	3.95	+3.75

TROSX vs. ANWPX - Sharpe Ratio Comparison

The current TROSX Sharpe Ratio is 1.59, which is higher than the ANWPX Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of TROSX and ANWPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TROSX vs. ANWPX - Drawdown Comparison

The maximum TROSX drawdown since its inception was -60.62%, which is greater than ANWPX's maximum drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for TROSX and ANWPX.

Drawdown Indicators

	TROSX	ANWPX	Difference
Max Drawdown Largest peak-to-trough decline	-60.62%	-52.34%	-8.28%
Max Drawdown (1Y) Largest decline over 1 year	-12.42%	-11.48%	-0.94%
Max Drawdown (3Y) Largest decline over 3 years	-14.02%	-17.93%	+3.91%
Max Drawdown (5Y) Largest decline over 5 years	-29.45%	-34.45%	+5.00%
Max Drawdown (10Y) Largest decline over 10 years	-36.34%	-34.45%	-1.89%
Current Drawdown Current decline from peak	0.00%	-3.22%	+3.22%
Average Drawdown Average peak-to-trough decline	-12.37%	-8.08%	-4.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	2.87%	+0.48%

Volatility

TROSX vs. ANWPX - Volatility Comparison

T. Rowe Price Overseas Stock Fund (TROSX) and American Funds New Perspective Fund Class A (ANWPX) have volatilities of 4.64% and 4.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TROSX	ANWPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	4.51%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	13.93%	12.51%	+1.42%
Volatility (1Y) Calculated over the trailing 1-year period	16.31%	14.87%	+1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	17.44%	-1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	17.81%	-1.11%

TROSX vs. ANWPX - Expense Ratio Comparison

TROSX has a 0.77% expense ratio, which is higher than ANWPX's 0.71% expense ratio.

Dividends

TROSX vs. ANWPX - Dividend Comparison

TROSX's dividend yield for the trailing twelve months is around 1.83%, less than ANWPX's 6.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANWPX American Funds New Perspective Fund Class A	6.32%	6.57%	5.13%	5.36%	4.16%	7.01%	4.13%	3.67%	7.59%	5.50%	3.86%	6.14%
TROSX T. Rowe Price Overseas Stock Fund	1.83%	2.05%	2.38%	2.28%	2.38%	1.88%	1.41%	2.14%	3.33%	1.86%	1.98%	2.11%

Frequently Asked Questions

Can I hold both TROSX and ANWPX in my portfolio?

TROSX and ANWPX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TROSX or ANWPX?

TROSX has higher volatility (4.64%) compared to ANWPX (4.51%). In terms of maximum drawdown, TROSX dropped -60.62% vs ANWPX's -52.34%.

Which has better risk-adjusted returns?

TROSX currently has the higher Sharpe Ratio (1.59 vs 0.76), 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.