AEMSX vs. PDEZX

Last updated Jun 4, 2026

AEMSX (abrdn Emerging Markets Instl Svc) and PDEZX (PGIM Jennison Emerging Markets Equity Opportunities Fund) are both Emerging Markets Diversified funds. Over the past 10 years, AEMSX returned 10.41%/yr vs 12.15%/yr for PDEZX. Their correlation of 0.84 suggests significant overlap in exposure. AEMSX charges 1.25%/yr vs 1.05%/yr for PDEZX.

Performance

AEMSX vs. PDEZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Emerging Markets Instl Svc (AEMSX) and PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AEMSX having a 33.43% return and PDEZX slightly higher at 34.32%. Over the past 10 years, AEMSX has underperformed PDEZX with an annualized return of 10.41%, while PDEZX has yielded a comparatively higher 12.15% annualized return.

AEMSX

• 1D: 0.68%
• 1M: 10.74%
• YTD: 33.43%
• 6M: 35.58%
• 1Y: 65.65%
• 3Y*: 23.18%
• 5Y*: 7.92%
• 10Y*: 10.41%

PDEZX

• 1D: 0.04%
• 1M: 4.26%
• YTD: 34.32%
• 6M: 35.36%
• 1Y: 49.85%
• 3Y*: 27.86%
• 5Y*: 2.68%
• 10Y*: 12.15%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AEMSX vs. PDEZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AEMSX abrdn Emerging Markets Instl Svc	33.43%	32.19%	3.81%	6.49%	-26.28%	7.03%	27.52%	20.24%	-14.71%	29.95%
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund	34.32%	14.88%	18.48%	16.12%	-41.65%	-0.86%	72.88%	30.33%	-18.26%	40.80%

Correlation

The correlation between AEMSX and PDEZX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 18, 2014	0.84

The correlation between AEMSX and PDEZX has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.

Return for Risk

AEMSX vs. PDEZX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AEMSX

AEMSX Risk / Return Rank: 91
AEMSX Sharpe Ratio Rank: 95
AEMSX Sortino Ratio Rank: 88
AEMSX Omega Ratio Rank: 88
AEMSX Calmar Ratio Rank: 91
AEMSX Martin Ratio Rank: 92

PDEZX

PDEZX Risk / Return Rank: 58
PDEZX Sharpe Ratio Rank: 53
PDEZX Sortino Ratio Rank: 42
PDEZX Omega Ratio Rank: 50
PDEZX Calmar Ratio Rank: 80
PDEZX Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AEMSX vs. PDEZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets Instl Svc (AEMSX) and PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX). 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.

	AEMSX	PDEZX	Difference
Sharpe ratio: Return per unit of total volatility	3.45	2.15	+1.30
Sortino ratio: Return per unit of downside risk	4.31	2.72	+1.59
Omega ratio: Gain probability vs. loss probability	1.64	1.39	+0.25
Calmar ratio: Return relative to maximum drawdown	4.81	3.64	+1.17
Martin ratio: Return relative to average drawdown	18.99	12.51	+6.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AEMSX vs. PDEZX - Sharpe Ratio Comparison

The current AEMSX Sharpe Ratio is 3.45, which is higher than the PDEZX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of AEMSX and PDEZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AEMSX	PDEZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.45	2.15	+1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.11	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.55	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.41	0.00

Drawdowns

AEMSX vs. PDEZX - Drawdown Comparison

The maximum AEMSX drawdown since its inception was -38.58%, smaller than the maximum PDEZX drawdown of -54.95%. Use the drawdown chart below to compare losses from any high point for AEMSX and PDEZX.

Drawdown Indicators

	AEMSX	PDEZX	Difference
Max Drawdown Largest peak-to-trough decline	-38.58%	-54.95%	+16.37%
Max Drawdown (1Y) Largest decline over 1 year	-13.70%	-13.94%	+0.24%
Max Drawdown (3Y) Largest decline over 3 years	-18.72%	-21.92%	+3.20%
Max Drawdown (5Y) Largest decline over 5 years	-36.65%	-52.88%	+16.23%
Max Drawdown (10Y) Largest decline over 10 years	-38.58%	-54.95%	+16.37%
Current Drawdown Current decline from peak	0.00%	-1.12%	+1.12%
Average Drawdown Average peak-to-trough decline	-12.58%	-20.23%	+7.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	4.04%	-0.58%

Volatility

AEMSX vs. PDEZX - Volatility Comparison

abrdn Emerging Markets Instl Svc (AEMSX) and PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) have volatilities of 8.99% and 9.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEMSX	PDEZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.99%	9.45%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	16.54%	19.85%	-3.31%
Volatility (1Y) Calculated over the trailing 1-year period	19.08%	23.62%	-4.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.71%	23.56%	-4.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.69%	22.25%	-3.56%

AEMSX vs. PDEZX - Expense Ratio Comparison

AEMSX has a 1.25% expense ratio, which is higher than PDEZX's 1.05% expense ratio.

Dividends

AEMSX vs. PDEZX - Dividend Comparison

AEMSX's dividend yield for the trailing twelve months is around 4.61%, more than PDEZX's 1.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEMSX abrdn Emerging Markets Instl Svc	4.61%	6.14%	0.95%	1.39%	1.83%	22.97%	0.68%	1.82%	1.57%	1.09%	1.08%	2.32%
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund	1.64%	2.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AEMSX and PDEZX in my portfolio?

AEMSX and PDEZX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AEMSX or PDEZX?

PDEZX has higher volatility (9.45%) compared to AEMSX (8.99%). In terms of maximum drawdown, AEMSX dropped -38.58% vs PDEZX's -54.95%.

Which has better risk-adjusted returns?

AEMSX currently has the higher Sharpe Ratio (3.45 vs 2.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.