TCW Emerging Markets Income Fund (TGEIX) Sharpe Ratio: 2.11

TGEIX's Sharpe Ratio of 2.11 indicates that for each unit of volatility, it generates 2.11 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 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.

TGEIX Sharpe Ratio Rank

Exceptional

TGEIX ranks above 93.8% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. 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

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

TGEIX Sharpe Ratio Market Positioning

The chart shows TGEIX'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%): 0.65 or lower
Yellow zone (middle 50%): 0.65 to 1.37
Green zone (top 25%): 1.37 or higher
Top 1%: 3.59+
Median: 1.00 — half of all investments score higher

How it compares to other similar mutual funds

The table compares TCW Emerging Markets Income Fund's Sharpe Ratio with other mutual funds in the Emerging Markets Bonds category across multiple time periods, showing how TGEIX'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 Apr 1, 2026.

Symbol	Name	1Y Sharpe Ratio
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fund Class I	4.16
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fund	3.99
AGEYX	American Beacon Developing World Income Fund Class Y	3.96
AGEPX	American Beacon Frontier Markets Income Fund	3.89
APFOX	Artisan Emerging Markets Debt Opportunities Fund	3.80
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Income Fund	3.75
GMOQX	GMO Emerging Country Debt Fund Class VI	3.01
GMCDX	GMO Emerging Country Debt Fund	2.99
FEMDX	Franklin Emerging Market Debt Opportunities Fund	2.74
SITEX	SEI Institutional International Trust Emerging Markets Debt Fund	2.68
TGEIX	TCW Emerging Markets Income Fund	2.11

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

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

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Explore TGEIX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

TGEIX Sortino Ratio