Equity Building Block — Emerging Markets

Equity Building BlockEquity Building Blocks

100% Equity · Active implementation · Last reviewed 2026-04-10

Ask T. Rowe Price
ActiveConstruction v9Jan 2016Jul 2026Benchmark: Broad Equity Market Index

AI insights

Generate a briefing on positioning, performance, and risk for Equity Building Block — Emerging Markets.

Volatility

7.6%

Annualized standard deviation

Max drawdown

-23.7%

Peak to trough

Sharpe ratio

0.01

2.4% risk-free rate

Equity exposure

100%

Strategic target

Risk statistics

Model versus benchmark, since inception

MeasureModelBench

Annualized return

Since inception, net of fund fees

2.5%1.7%

Standard deviation

Annualized volatility of monthly returns

7.6%7.6%

Sharpe ratio

Assumes a 2.4% risk-free rate

0.01-0.09

Max drawdown

Largest peak-to-trough decline

-23.7%-24.7%

Beta vs benchmark

Sensitivity to benchmark movements

1.021.00

Tracking error

Dispersion of excess return

1.3%0.0%

Historical drawdowns

How the model behaved through stress periods

  • COVID-19 selloff

    Jan 2020Mar 2020

    -30.0%

    Benchmark -31.4% · Model outperformed by 1.4 pts

  • 2022 rate shock

    Jan 2022Oct 2022

    -20.0%

    Benchmark -21.6% · Model outperformed by 1.6 pts

  • 2025 growth scare

    Feb 2025May 2025

    -10.0%

    Benchmark -10.9% · Model outperformed by 0.9 pts

Simulated stress results for illustration only.