TRVLX vs. PRSNX
Compare and contrast key facts about T. Rowe Price Value Fund (TRVLX) and T. Rowe Price Global Multi-Sector Bond Fund (PRSNX).
TRVLX is managed by T. Rowe Price. PRSNX is managed by T. Rowe Price. It was launched on Dec 14, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRVLX or PRSNX.
Key characteristics
| TRVLX | PRSNX | |
|---|---|---|
| YTD Return | 16.74% | 4.73% |
| 1Y Return | 24.14% | 11.81% |
| 3Y Return (Ann) | 6.99% | -0.58% |
| 5Y Return (Ann) | 11.60% | 1.83% |
| 10Y Return (Ann) | 9.67% | 2.97% |
| Sharpe Ratio | 2.28 | 2.75 |
| Daily Std Dev | 10.68% | 4.30% |
| Max Drawdown | -60.22% | -19.05% |
| Current Drawdown | -1.01% | -2.04% |
Correlation
The correlation between TRVLX 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
TRVLX vs. PRSNX - Performance Comparison
In the year-to-date period, TRVLX achieves a 16.74% return, which is significantly higher than PRSNX's 4.73% return. Over the past 10 years, TRVLX has outperformed PRSNX with an annualized return of 9.67%, while PRSNX has yielded a comparatively lower 2.97% 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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TRVLX vs. PRSNX - Expense Ratio Comparison
Both TRVLX and PRSNX have an expense ratio of 0.65%.
Risk-Adjusted Performance
TRVLX vs. PRSNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Value Fund (TRVLX) 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.
Dividends
TRVLX vs. PRSNX - Dividend Comparison
TRVLX's dividend yield for the trailing twelve months is around 2.54%, less than PRSNX's 5.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRVLX T. Rowe Price Value Fund | 2.54% | 2.97% | 10.09% | 10.92% | 2.33% | 1.69% | 11.09% | 7.21% | 3.06% | 8.77% | 10.16% | 6.99% |
PRSNX T. Rowe Price Global Multi-Sector Bond Fund | 5.01% | 4.60% | 4.16% | 3.96% | 3.67% | 4.94% | 4.90% | 3.59% | 3.45% | 3.60% | 6.14% | 5.07% |
Drawdowns
TRVLX vs. PRSNX - Drawdown Comparison
The maximum TRVLX drawdown since its inception was -60.22%, which is greater than PRSNX's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for TRVLX and PRSNX. For additional features, visit the drawdowns tool.
Volatility
TRVLX vs. PRSNX - Volatility Comparison
T. Rowe Price Value Fund (TRVLX) has a higher volatility of 2.92% compared to T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) at 0.59%. This indicates that TRVLX'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.