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TRVLX vs. PRSNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.2

Performance

TRVLX vs. PRSNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Value Fund (TRVLX) and T. Rowe Price Global Multi-Sector Bond Fund (PRSNX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-4.79%
2.42%
TRVLX
PRSNX

Key characteristics

Sharpe Ratio

TRVLX:

0.52

PRSNX:

1.42

Sortino Ratio

TRVLX:

0.71

PRSNX:

2.16

Omega Ratio

TRVLX:

1.12

PRSNX:

1.27

Calmar Ratio

TRVLX:

0.47

PRSNX:

0.53

Martin Ratio

TRVLX:

2.89

PRSNX:

7.47

Ulcer Index

TRVLX:

2.39%

PRSNX:

0.65%

Daily Std Dev

TRVLX:

13.19%

PRSNX:

3.44%

Max Drawdown

TRVLX:

-60.22%

PRSNX:

-19.82%

Current Drawdown

TRVLX:

-14.69%

PRSNX:

-4.53%

Returns By Period

In the year-to-date period, TRVLX achieves a 5.63% return, which is significantly higher than PRSNX's 3.80% return. Over the past 10 years, TRVLX has outperformed PRSNX with an annualized return of 8.34%, while PRSNX has yielded a comparatively lower 2.55% annualized return.


TRVLX

YTD

5.63%

1M

-12.26%

6M

-4.55%

1Y

6.06%

5Y*

8.60%

10Y*

8.34%

PRSNX

YTD

3.80%

1M

-0.40%

6M

2.21%

1Y

4.67%

5Y*

0.98%

10Y*

2.55%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TRVLX vs. PRSNX - Expense Ratio Comparison

Both TRVLX and PRSNX have an expense ratio of 0.65%.


TRVLX
T. Rowe Price Value Fund
Expense ratio chart for TRVLX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for PRSNX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%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.


Sharpe ratio
The chart of Sharpe ratio for TRVLX, currently valued at 0.52, compared to the broader market-1.000.001.002.003.004.000.521.42
The chart of Sortino ratio for TRVLX, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.0010.000.712.16
The chart of Omega ratio for TRVLX, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.003.501.121.27
The chart of Calmar ratio for TRVLX, currently valued at 0.47, compared to the broader market0.005.0010.0015.000.470.53
The chart of Martin ratio for TRVLX, currently valued at 2.89, compared to the broader market0.0020.0040.0060.002.897.47
TRVLX
PRSNX

The current TRVLX Sharpe Ratio is 0.52, which is lower than the PRSNX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of TRVLX and PRSNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.52
1.42
TRVLX
PRSNX

Dividends

TRVLX vs. PRSNX - Dividend Comparison

TRVLX has not paid dividends to shareholders, while PRSNX's dividend yield for the trailing twelve months is around 4.65%.


TTM20232022202120202019201820172016201520142013
TRVLX
T. Rowe Price Value Fund
0.00%1.33%1.39%0.75%0.68%1.69%1.77%1.31%1.66%2.08%1.24%1.21%
PRSNX
T. Rowe Price Global Multi-Sector Bond Fund
4.65%4.60%3.40%3.00%3.17%3.55%3.62%3.42%3.45%3.60%4.08%3.64%

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 -19.82%. Use the drawdown chart below to compare losses from any high point for TRVLX and PRSNX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.69%
-4.53%
TRVLX
PRSNX

Volatility

TRVLX vs. PRSNX - Volatility Comparison

T. Rowe Price Value Fund (TRVLX) has a higher volatility of 8.73% compared to T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) at 1.06%. 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.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
8.73%
1.06%
TRVLX
PRSNX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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