GPEOX vs. BADEX
Compare and contrast key facts about Grandeur Peak Emerging Markets Opportunities Fund (GPEOX) and BlackRock Defensive Advantage Emerging Markets Fund (BADEX).
GPEOX is managed by Grandeur Peak Funds. It was launched on Dec 15, 2013. BADEX is managed by BlackRock. It was launched on Dec 20, 2020.
Performance
GPEOX vs. BADEX - Performance Comparison
Loading graphics...
GPEOX vs. BADEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GPEOX Grandeur Peak Emerging Markets Opportunities Fund | -0.00% | 9.08% | -7.19% | 12.00% | -24.72% | 8.87% | 2.74% |
BADEX BlackRock Defensive Advantage Emerging Markets Fund | -0.28% | 13.95% | 10.15% | 11.67% | -11.34% | 4.49% | 2.32% |
Returns By Period
GPEOX
- 1D
- -0.69%
- 1M
- -9.49%
- YTD
- -0.00%
- 6M
- -0.96%
- 1Y
- 12.66%
- 3Y*
- 2.63%
- 5Y*
- -1.83%
- 10Y*
- 5.01%
BADEX
- 1D
- -0.65%
- 1M
- -7.80%
- YTD
- -0.28%
- 6M
- 2.63%
- 1Y
- 10.81%
- 3Y*
- 10.26%
- 5Y*
- 4.56%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GPEOX vs. BADEX - Expense Ratio Comparison
GPEOX has a 1.68% expense ratio, which is higher than BADEX's 1.06% expense ratio.
Return for Risk
GPEOX vs. BADEX — Risk / Return Rank
GPEOX
BADEX
GPEOX vs. BADEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grandeur Peak Emerging Markets Opportunities Fund (GPEOX) and BlackRock Defensive Advantage Emerging Markets Fund (BADEX). 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.
| GPEOX | BADEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 1.07 | -0.38 |
Sortino ratioReturn per unit of downside risk | 1.04 | 1.42 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.21 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.81 | 1.10 | -0.29 |
Martin ratioReturn relative to average drawdown | 2.58 | 4.45 | -1.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GPEOX | BADEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 1.07 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.46 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.54 | -0.25 |
Correlation
The correlation between GPEOX and BADEX is 0.75, 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.
Dividends
GPEOX vs. BADEX - Dividend Comparison
GPEOX's dividend yield for the trailing twelve months is around 26.01%, more than BADEX's 7.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GPEOX Grandeur Peak Emerging Markets Opportunities Fund | 26.01% | 26.01% | 3.76% | 3.73% | 0.16% | 12.45% | 0.02% | 0.06% | 1.03% | 0.23% | 0.39% | 3.58% |
BADEX BlackRock Defensive Advantage Emerging Markets Fund | 7.54% | 7.52% | 2.27% | 1.92% | 2.43% | 7.54% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GPEOX vs. BADEX - Drawdown Comparison
The maximum GPEOX drawdown since its inception was -35.84%, which is greater than BADEX's maximum drawdown of -21.86%. Use the drawdown chart below to compare losses from any high point for GPEOX and BADEX.
Loading graphics...
Drawdown Indicators
| GPEOX | BADEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.84% | -21.86% | -13.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.79% | -8.89% | -1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -35.84% | -21.86% | -13.98% |
Max Drawdown (10Y)Largest decline over 10 years | -35.84% | — | — |
Current DrawdownCurrent decline from peak | -19.90% | -8.89% | -11.01% |
Average DrawdownAverage peak-to-trough decline | -13.25% | -5.77% | -7.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 2.19% | +1.25% |
Volatility
GPEOX vs. BADEX - Volatility Comparison
Grandeur Peak Emerging Markets Opportunities Fund (GPEOX) has a higher volatility of 8.34% compared to BlackRock Defensive Advantage Emerging Markets Fund (BADEX) at 4.93%. This indicates that GPEOX's price experiences larger fluctuations and is considered to be riskier than BADEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GPEOX | BADEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.34% | 4.93% | +3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 7.13% | +4.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.24% | 10.20% | +6.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.01% | 9.96% | +4.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.27% | 10.17% | +4.10% |