TROSX vs. PSILX
Compare and contrast key facts about T. Rowe Price Overseas Stock Fund (TROSX) and T. Rowe Price Spectrum International Equity Fund (PSILX).
TROSX is managed by T. Rowe Price. It was launched on Dec 29, 2006. PSILX is managed by T. Rowe Price. It was launched on Dec 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TROSX or PSILX.
Key characteristics
| TROSX | PSILX | |
|---|---|---|
| YTD Return | 9.14% | 9.10% |
| 1Y Return | 16.17% | 15.87% |
| 3Y Return (Ann) | 2.71% | -0.33% |
| 5Y Return (Ann) | 7.47% | 5.90% |
| 10Y Return (Ann) | 5.14% | 4.73% |
| Sharpe Ratio | 1.18 | 1.24 |
| Daily Std Dev | 13.27% | 12.26% |
| Max Drawdown | -61.11% | -61.38% |
| Current Drawdown | -1.52% | -3.50% |
Correlation
The correlation between TROSX and PSILX is 0.97, 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.
Performance
TROSX vs. PSILX - Performance Comparison
The year-to-date returns for both stocks are quite close, with TROSX having a 9.14% return and PSILX slightly lower at 9.10%. Over the past 10 years, TROSX has outperformed PSILX with an annualized return of 5.14%, while PSILX has yielded a comparatively lower 4.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TROSX vs. PSILX - Expense Ratio Comparison
TROSX has a 0.77% expense ratio, which is lower than PSILX's 0.89% expense ratio.
Risk-Adjusted Performance
TROSX vs. PSILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Overseas Stock Fund (TROSX) and T. Rowe Price Spectrum International Equity Fund (PSILX). 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.
Dividends
TROSX vs. PSILX - Dividend Comparison
TROSX's dividend yield for the trailing twelve months is around 2.09%, more than PSILX's 1.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TROSX T. Rowe Price Overseas Stock Fund | 2.09% | 2.28% | 2.38% | 1.88% | 1.41% | 2.14% | 3.33% | 1.86% | 1.98% | 2.11% | 2.87% | 1.87% |
PSILX T. Rowe Price Spectrum International Equity Fund | 1.72% | 1.88% | 6.67% | 3.49% | 0.88% | 3.49% | 6.69% | 1.95% | 1.94% | 1.44% | 3.82% | 1.45% |
Drawdowns
TROSX vs. PSILX - Drawdown Comparison
The maximum TROSX drawdown since its inception was -61.11%, roughly equal to the maximum PSILX drawdown of -61.38%. Use the drawdown chart below to compare losses from any high point for TROSX and PSILX. For additional features, visit the drawdowns tool.
Volatility
TROSX vs. PSILX - Volatility Comparison
T. Rowe Price Overseas Stock Fund (TROSX) has a higher volatility of 4.43% compared to T. Rowe Price Spectrum International Equity Fund (PSILX) at 4.10%. This indicates that TROSX's price experiences larger fluctuations and is considered to be riskier than PSILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.