DIEFX vs. PPYPX

Last updated Jun 25, 2026

DIEFX (Destinations International Equity Fund) and PPYPX (PIMCO RAE International Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, DIEFX returned 5.84%/yr vs 8.11%/yr for PPYPX. Their correlation of 0.84 suggests significant overlap in exposure. DIEFX charges 1.16%/yr vs 0.60%/yr for PPYPX.

Performance

DIEFX vs. PPYPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Destinations International Equity Fund (DIEFX) and PIMCO RAE International Fund (PPYPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIEFX achieves a 13.32% return, which is significantly higher than PPYPX's 9.20% return.

DIEFX

• 1D: -3.16%
• 1M: 0.06%
• YTD: 13.32%
• 6M: 13.25%
• 1Y: 26.01%
• 3Y*: 17.37%
• 5Y*: 5.84%
• 10Y*: —

PPYPX

• 1D: -0.92%
• 1M: -3.95%
• YTD: 9.20%
• 6M: 5.08%
• 1Y: 21.89%
• 3Y*: 16.07%
• 5Y*: 8.11%
• 10Y*: 9.14%

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

DIEFX vs. PPYPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIEFX Destinations International Equity Fund	13.32%	30.39%	1.85%	15.54%	-20.97%	1.40%	23.41%	25.07%	-14.41%	17.71%
PPYPX PIMCO RAE International Fund	9.20%	31.34%	-1.15%	18.13%	-8.73%	10.68%	2.05%	16.43%	-15.49%	17.31%

Correlation

The correlation between DIEFX and PPYPX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Mar 20, 2017	0.84

The correlation between DIEFX and PPYPX shifts across timeframes, from 0.72 (1 year) to 0.85 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DIEFX vs. PPYPX — Risk / Return Rank

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

DIEFX

DIEFX Risk / Return Rank: 49
DIEFX Sharpe Ratio Rank: 50
DIEFX Sortino Ratio Rank: 45
DIEFX Omega Ratio Rank: 51
DIEFX Calmar Ratio Rank: 49
DIEFX Martin Ratio Rank: 51

PPYPX

PPYPX Risk / Return Rank: 51
PPYPX Sharpe Ratio Rank: 46
PPYPX Sortino Ratio Rank: 42
PPYPX Omega Ratio Rank: 44
PPYPX Calmar Ratio Rank: 73
PPYPX Martin Ratio Rank: 52

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.

DIEFX vs. PPYPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Destinations International Equity Fund (DIEFX) and PIMCO RAE International Fund (PPYPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DIEFX	PPYPX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.77	+0.04
Sortino ratio: Return per unit of downside risk	2.47	2.40	+0.07
Omega ratio: Gain probability vs. loss probability	1.34	1.32	+0.02
Calmar ratio: Return relative to maximum drawdown	2.44	3.07	-0.63
Martin ratio: Return relative to average drawdown	9.36	9.74	-0.38

DIEFX vs. PPYPX - Sharpe Ratio Comparison

The current DIEFX Sharpe Ratio is 1.81, which is comparable to the PPYPX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of DIEFX and PPYPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIEFX vs. PPYPX - Drawdown Comparison

The maximum DIEFX drawdown since its inception was -34.96%, smaller than the maximum PPYPX drawdown of -42.48%. Use the drawdown chart below to compare losses from any high point for DIEFX and PPYPX.

Drawdown Indicators

	DIEFX	PPYPX	Difference
Max Drawdown Largest peak-to-trough decline	-34.96%	-42.48%	+7.52%
Max Drawdown (1Y) Largest decline over 1 year	-11.71%	-7.48%	-4.23%
Max Drawdown (3Y) Largest decline over 3 years	-13.60%	-14.00%	+0.40%
Max Drawdown (5Y) Largest decline over 5 years	-34.96%	-35.65%	+0.69%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.48%	—
Current Drawdown Current decline from peak	-3.16%	-5.44%	+2.28%
Average Drawdown Average peak-to-trough decline	-9.10%	-10.11%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	2.35%	+0.67%

Volatility

DIEFX vs. PPYPX - Volatility Comparison

Destinations International Equity Fund (DIEFX) has a higher volatility of 7.03% compared to PIMCO RAE International Fund (PPYPX) at 3.28%. This indicates that DIEFX's price experiences larger fluctuations and is considered to be riskier than PPYPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIEFX	PPYPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.03%	3.28%	+3.75%
Volatility (6M) Calculated over the trailing 6-month period	13.85%	10.25%	+3.60%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	12.99%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	19.54%	-3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.96%	18.75%	-2.79%

DIEFX vs. PPYPX - Expense Ratio Comparison

DIEFX has a 1.16% expense ratio, which is higher than PPYPX's 0.60% expense ratio.

Dividends

DIEFX vs. PPYPX - Dividend Comparison

DIEFX's dividend yield for the trailing twelve months is around 8.94%, more than PPYPX's 7.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DIEFX Destinations International Equity Fund	8.94%	10.13%	3.63%	1.85%	2.73%	4.50%	0.03%	0.74%	1.50%	0.67%	0.00%
PPYPX PIMCO RAE International Fund	7.12%	7.78%	6.57%	10.09%	7.20%	27.06%	2.23%	4.20%	5.96%	2.53%	2.41%

Frequently Asked Questions

Can I hold both DIEFX and PPYPX in my portfolio?

DIEFX and PPYPX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIEFX or PPYPX?

DIEFX has higher volatility (7.03%) compared to PPYPX (3.28%). In terms of maximum drawdown, DIEFX dropped -34.96% vs PPYPX's -42.48%.

Which has better risk-adjusted returns?

DIEFX currently has the higher Sharpe Ratio (1.81 vs 1.77), 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.