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PIMCO RAE Emerging Markets Fund Class A (PEAFX) Sharpe Ratio: 1.59

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The PIMCO RAE Emerging Markets Fund uses the Research Affiliates Equity methodology, a rules-based model selecting stocks using quantitative signals for value, quality, and momentum, then weighting them by fundamental measures of company size.

PEAFX's Sharpe Ratio of 1.59 indicates that for each unit of volatility, it generates 1.59 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PEAFX Sharpe Ratio Rank

PEAFX Sharpe Ratio Rank: 35.135
Below Average

PEAFX ranks above 35.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

PEAFX Sharpe Ratio Market Positioning

The chart shows PEAFX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.33
  • Green zone (top 25%): 2.33 or higher
  • Top 1%: 4.28+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares PIMCO RAE Emerging Markets Fund Class A's Sharpe Ratio with other mutual funds in the Emerging Markets Equities category across multiple time periods, showing how PEAFX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DEMAXNomura Emerging Markets Fund Class A6.04
DEMCXNomura Emerging Markets Fund Class C5.98
WXCIXWilliam Blair Emerging Markets ex China Growth Fund Class I3.86
EMFTempleton Emerging Markets Fund3.39
FZAEXFidelity Advisor Focused Emerging Markets Fund Class Z3.25
FIMKXFidelity Advisor Focused Emerging Markets Fund Class I3.24
FAMKXFidelity Advisor Focused Emerging Markets Fund Class A3.22
SEMNXHartford Schroders Emerging Markets Equity Fund Class I3.21
JEMWXJPMorgan Emerging Markets Equity Fund Class R63.21
FTMKXFidelity Advisor Focused Emerging Markets Fund Class M3.20
PEAFXPIMCO RAE Emerging Markets Fund Class A1.59

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PEAFX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PEAFX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does PEAFX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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