EPIBX vs. EPDIX

Last updated Jun 3, 2026

EPIBX (EuroPac International Bond Fund) and EPDIX (EuroPac International Dividend Income Fund) are both mutual funds - EPIBX is a Global Bonds fund managed by Euro Pacific Asset Management, while EPDIX is a Foreign Large Cap Equities fund managed by Euro Pacific Asset Management. Over the past 10 years, EPIBX returned 2.07%/yr vs 10.36%/yr for EPDIX. A 0.66 correlation means they provide meaningful diversification when combined. EPIBX charges 1.15%/yr vs 1.25%/yr for EPDIX.

Performance

EPIBX vs. EPDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EuroPac International Bond Fund (EPIBX) and EuroPac International Dividend Income Fund (EPDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPIBX achieves a 0.22% return, which is significantly lower than EPDIX's 13.02% return. Over the past 10 years, EPIBX has underperformed EPDIX with an annualized return of 2.07%, while EPDIX has yielded a comparatively higher 10.36% annualized return.

EPIBX

• 1D: 0.00%
• 1M: 0.05%
• YTD: 0.22%
• 6M: 0.88%
• 1Y: 4.69%
• 3Y*: 5.07%
• 5Y*: 1.39%
• 10Y*: 2.07%

EPDIX

• 1D: 0.59%
• 1M: 1.06%
• YTD: 13.02%
• 6M: 16.39%
• 1Y: 43.94%
• 3Y*: 24.34%
• 5Y*: 13.76%
• 10Y*: 10.36%

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

EPIBX vs. EPDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPIBX EuroPac International Bond Fund	0.22%	12.90%	-3.30%	9.94%	-7.34%	-4.60%	7.45%	5.13%	-3.63%	9.96%
EPDIX EuroPac International Dividend Income Fund	13.02%	62.35%	0.87%	7.85%	1.53%	8.04%	9.23%	13.33%	-10.74%	15.81%

Correlation

The correlation between EPIBX and EPDIX is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jan 14, 2014	0.66

The correlation between EPIBX and EPDIX has been stable across timeframes, ranging from 0.64 to 0.70 - a consistent structural relationship.

Return for Risk

EPIBX vs. EPDIX — Risk / Return Rank

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

EPIBX

EPIBX Risk / Return Rank: 13
EPIBX Sharpe Ratio Rank: 16
EPIBX Sortino Ratio Rank: 15
EPIBX Omega Ratio Rank: 16
EPIBX Calmar Ratio Rank: 10
EPIBX Martin Ratio Rank: 10

EPDIX

EPDIX Risk / Return Rank: 89
EPDIX Sharpe Ratio Rank: 95
EPDIX Sortino Ratio Rank: 88
EPDIX Omega Ratio Rank: 87
EPDIX Calmar Ratio Rank: 88
EPDIX Martin Ratio Rank: 84

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.

EPIBX vs. EPDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EuroPac International Bond Fund (EPIBX) and EuroPac International Dividend Income Fund (EPDIX). 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.

	EPIBX	EPDIX	Difference
Sharpe ratio Return per unit of total volatility	1.13	3.37	-2.24
Sortino ratio Return per unit of downside risk	1.63	4.22	-2.59
Omega ratio Gain probability vs. loss probability	1.21	1.61	-0.40
Calmar ratio Return relative to maximum drawdown	1.01	4.27	-3.26
Martin ratio Return relative to average drawdown	3.06	16.07	-13.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPIBX vs. EPDIX - Sharpe Ratio Comparison

The current EPIBX Sharpe Ratio is 1.13, which is lower than the EPDIX Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of EPIBX and EPDIX, 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

	EPIBX	EPDIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	3.37	-2.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.98	-0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.70	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.49	-0.38

Drawdowns

EPIBX vs. EPDIX - Drawdown Comparison

The maximum EPIBX drawdown since its inception was -24.65%, smaller than the maximum EPDIX drawdown of -38.23%. Use the drawdown chart below to compare losses from any high point for EPIBX and EPDIX.

Drawdown Indicators

	EPIBX	EPDIX	Difference
Max Drawdown Largest peak-to-trough decline	-24.65%	-38.23%	+13.58%
Max Drawdown (1Y) Largest decline over 1 year	-5.01%	-10.92%	+5.91%
Max Drawdown (3Y) Largest decline over 3 years	-6.17%	-13.01%	+6.84%
Max Drawdown (5Y) Largest decline over 5 years	-16.68%	-20.98%	+4.30%
Max Drawdown (10Y) Largest decline over 10 years	-17.41%	-32.84%	+15.43%
Current Drawdown Current decline from peak	-2.61%	-3.37%	+0.76%
Average Drawdown Average peak-to-trough decline	-10.21%	-10.79%	+0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	2.90%	-1.25%

Volatility

EPIBX vs. EPDIX - Volatility Comparison

The current volatility for EuroPac International Bond Fund (EPIBX) is 1.48%, while EuroPac International Dividend Income Fund (EPDIX) has a volatility of 4.08%. This indicates that EPIBX experiences smaller price fluctuations and is considered to be less risky than EPDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPIBX	EPDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.48%	4.08%	-2.60%
Volatility (6M) Calculated over the trailing 6-month period	3.86%	11.56%	-7.70%
Volatility (1Y) Calculated over the trailing 1-year period	4.71%	13.85%	-9.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.67%	14.06%	-8.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.66%	14.90%	-9.24%

EPIBX vs. EPDIX - Expense Ratio Comparison

EPIBX has a 1.15% expense ratio, which is lower than EPDIX's 1.25% expense ratio.

Dividends

EPIBX vs. EPDIX - Dividend Comparison

EPIBX's dividend yield for the trailing twelve months is around 4.06%, less than EPDIX's 6.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPDIX EuroPac International Dividend Income Fund	6.84%	7.71%	4.09%	3.32%	2.81%	2.31%	1.92%	2.68%	3.00%	2.93%	2.47%	3.88%
EPIBX EuroPac International Bond Fund	4.06%	3.25%	2.92%	2.16%	0.00%	0.00%	1.09%	0.00%	1.43%	0.00%	0.00%	1.91%

Frequently Asked Questions

Can I hold both EPIBX and EPDIX in my portfolio?

EPIBX and EPDIX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPIBX or EPDIX?

EPDIX has higher volatility (4.08%) compared to EPIBX (1.48%). In terms of maximum drawdown, EPIBX dropped -24.65% vs EPDIX's -38.23%.

Which has better risk-adjusted returns?

EPDIX currently has the higher Sharpe Ratio (3.37 vs 1.13), 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.