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PIMCO RAE PLUS EMG Fund (PEFIX) Sharpe Ratio: 1.76

Mutual Fund · Currency in USD · Last updated Jul 15, 2026

The fund seeks to exceed the total return of the MSCI Emerging Markets Value Index (net dividends in USD) (the "Benchmark") under normal circumstances by obtaining exposure to a portfolio of stocks economically tied to emerging market countries, and complementing this equity exposure with absolute return bond alpha strategy ("AR Bond Alpha Strategy"). It may invest up to 25% of its total assets in securities and instruments that are economically tied to emerging market countries.

PEFIX's Sharpe Ratio of 1.76 indicates that for each unit of volatility, it generates 1.76 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 15, 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.

PEFIX Sharpe Ratio Rank

PEFIX Sharpe Ratio Rank: 65.465
Above Average

PEFIX ranks above 65.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

PEFIX Sharpe Ratio Market Positioning

The chart shows PEFIX'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%): 1.05 or lower
  • Yellow zone (middle 50%): 1.05 to 1.91
  • Green zone (top 25%): 1.91 or higher
  • Top 1%: 3.89+
  • Median: 1.56 — half of all investments score higher

How it compares to other similar mutual funds

The table compares PIMCO RAE PLUS EMG Fund's Sharpe Ratio with other mutual funds in the Emerging Markets Diversified category across multiple time periods, showing how PEFIX'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 Jul 15, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DEMIXDelaware Emerging Markets Fund3.42
LZEMXLazard Emerging Markets Equity Portfolio2.97
FQEMXFranklin Templeton SMACS: Series EM2.93
DODEXDodge & Cox Emerging Markets Stock Fund2.66
GMAQXGMO Emerging Markets ex-China Fund2.56
LCSMXMartin Currie SMA-Shares Series EM Fund2.54
GTDDXInvesco EQV Emerging Markets All Cap Fd2.49
LVAZXLSV Emerging Markets Equity Fund2.43
JHVTXJohn Hancock Variable Insurance Trust Emerging Markets Value Trust2.39
BEMIXBrandes Emerging Markets Fund2.34
PEFIXPIMCO RAE PLUS EMG Fund1.76

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PEFIX'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 PEFIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does PEFIX fit in your portfolio?

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