GMCDX vs. PEBIX
Compare and contrast key facts about GMO Emerging Country Debt Fund (GMCDX) and PIMCO Emerging Markets Bond Fund (PEBIX).
GMCDX is managed by GMO. It was launched on Apr 18, 1994. PEBIX is managed by PIMCO. It was launched on Jul 30, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMCDX or PEBIX.
Key characteristics
| GMCDX | PEBIX | |
|---|---|---|
| YTD Return | 13.12% | 7.37% |
| 1Y Return | 23.10% | 16.19% |
| 3Y Return (Ann) | 5.97% | 0.15% |
| 5Y Return (Ann) | 5.54% | 1.55% |
| 10Y Return (Ann) | 5.48% | 3.10% |
| Sharpe Ratio | 4.29 | 2.92 |
| Sortino Ratio | 7.05 | 4.61 |
| Omega Ratio | 1.97 | 1.58 |
| Calmar Ratio | 2.43 | 1.01 |
| Martin Ratio | 31.82 | 14.51 |
| Ulcer Index | 0.73% | 1.12% |
| Daily Std Dev | 5.40% | 5.54% |
| Max Drawdown | -86.92% | -32.36% |
| Current Drawdown | -0.86% | -2.42% |
Correlation
The correlation between GMCDX and PEBIX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GMCDX vs. PEBIX - Performance Comparison
In the year-to-date period, GMCDX achieves a 13.12% return, which is significantly higher than PEBIX's 7.37% return. Over the past 10 years, GMCDX has outperformed PEBIX with an annualized return of 5.48%, while PEBIX has yielded a comparatively lower 3.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GMCDX vs. PEBIX - Expense Ratio Comparison
GMCDX has a 0.53% expense ratio, which is lower than PEBIX's 0.83% expense ratio.
Risk-Adjusted Performance
GMCDX vs. PEBIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO Emerging Country Debt Fund (GMCDX) and PIMCO Emerging Markets Bond Fund (PEBIX). 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.
Dividends
GMCDX vs. PEBIX - Dividend Comparison
GMCDX's dividend yield for the trailing twelve months is around 9.05%, more than PEBIX's 6.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMCDX GMO Emerging Country Debt Fund | 9.05% | 10.26% | 13.73% | 15.05% | 7.33% | 6.60% | 7.76% | 7.05% | 10.54% | 7.51% | 9.23% | 6.06% |
PEBIX PIMCO Emerging Markets Bond Fund | 6.46% | 5.88% | 7.56% | 4.41% | 4.23% | 4.48% | 4.42% | 5.11% | 5.58% | 5.51% | 5.57% | 5.42% |
Drawdowns
GMCDX vs. PEBIX - Drawdown Comparison
The maximum GMCDX drawdown since its inception was -86.92%, which is greater than PEBIX's maximum drawdown of -32.36%. Use the drawdown chart below to compare losses from any high point for GMCDX and PEBIX. For additional features, visit the drawdowns tool.
Volatility
GMCDX vs. PEBIX - Volatility Comparison
GMO Emerging Country Debt Fund (GMCDX) has a higher volatility of 1.75% compared to PIMCO Emerging Markets Bond Fund (PEBIX) at 1.57%. This indicates that GMCDX's price experiences larger fluctuations and is considered to be riskier than PEBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.