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JOEMX vs. EITEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JOEMX vs. EITEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JOHCM Emerging Markets Opportunities Fund (JOEMX) and Parametric Tax-Managed Emerging Markets Fund (EITEX). The values are adjusted to include any dividend payments, if applicable.

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JOEMX vs. EITEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JOEMX
JOHCM Emerging Markets Opportunities Fund
-2.15%36.38%6.03%7.18%-15.74%1.29%16.46%14.86%-14.73%34.68%
EITEX
Parametric Tax-Managed Emerging Markets Fund
1.05%28.58%4.67%10.69%-12.11%4.47%4.51%12.51%-13.20%27.10%

Returns By Period

In the year-to-date period, JOEMX achieves a -2.15% return, which is significantly lower than EITEX's 1.05% return. Over the past 10 years, JOEMX has outperformed EITEX with an annualized return of 7.73%, while EITEX has yielded a comparatively lower 6.47% annualized return.


JOEMX

1D
-0.75%
1M
-14.73%
YTD
-2.15%
6M
3.10%
1Y
26.46%
3Y*
13.20%
5Y*
4.41%
10Y*
7.73%

EITEX

1D
-0.37%
1M
-9.31%
YTD
1.05%
6M
5.36%
1Y
26.04%
3Y*
13.39%
5Y*
6.30%
10Y*
6.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JOEMX vs. EITEX - Expense Ratio Comparison

JOEMX has a 1.02% expense ratio, which is higher than EITEX's 0.96% expense ratio.


Return for Risk

JOEMX vs. EITEX — Risk / Return Rank

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

JOEMX
JOEMX Risk / Return Rank: 7272
Overall Rank
JOEMX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
JOEMX Sortino Ratio Rank: 6868
Sortino Ratio Rank
JOEMX Omega Ratio Rank: 7070
Omega Ratio Rank
JOEMX Calmar Ratio Rank: 7676
Calmar Ratio Rank
JOEMX Martin Ratio Rank: 7474
Martin Ratio Rank

EITEX
EITEX Risk / Return Rank: 9191
Overall Rank
EITEX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
EITEX Sortino Ratio Rank: 9191
Sortino Ratio Rank
EITEX Omega Ratio Rank: 9191
Omega Ratio Rank
EITEX Calmar Ratio Rank: 8989
Calmar Ratio Rank
EITEX Martin Ratio Rank: 8888
Martin Ratio Rank
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.

JOEMX vs. EITEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JOHCM Emerging Markets Opportunities Fund (JOEMX) and Parametric Tax-Managed Emerging Markets Fund (EITEX). 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.


JOEMXEITEXDifference

Sharpe ratio

Return per unit of total volatility

1.26

2.09

-0.82

Sortino ratio

Return per unit of downside risk

1.70

2.65

-0.96

Omega ratio

Gain probability vs. loss probability

1.26

1.42

-0.16

Calmar ratio

Return relative to maximum drawdown

1.77

2.45

-0.68

Martin ratio

Return relative to average drawdown

7.05

9.50

-2.45

JOEMX vs. EITEX - Sharpe Ratio Comparison

The current JOEMX Sharpe Ratio is 1.26, which is lower than the EITEX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of JOEMX and EITEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JOEMXEITEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.26

2.09

-0.82

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

0.53

-0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.47

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

0.51

-0.24

Correlation

The correlation between JOEMX and EITEX is 0.84, 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

JOEMX vs. EITEX - Dividend Comparison

JOEMX's dividend yield for the trailing twelve months is around 4.11%, less than EITEX's 4.72% yield.


TTM20252024202320222021202020192018201720162015
JOEMX
JOHCM Emerging Markets Opportunities Fund
4.11%4.03%1.22%1.76%2.08%3.67%1.13%3.85%4.55%0.63%0.86%0.00%
EITEX
Parametric Tax-Managed Emerging Markets Fund
4.72%4.77%4.58%5.85%10.39%9.72%1.79%2.63%2.26%1.80%1.67%2.11%

Drawdowns

JOEMX vs. EITEX - Drawdown Comparison

The maximum JOEMX drawdown since its inception was -38.23%, smaller than the maximum EITEX drawdown of -61.70%. Use the drawdown chart below to compare losses from any high point for JOEMX and EITEX.


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Drawdown Indicators


JOEMXEITEXDifference

Max Drawdown

Largest peak-to-trough decline

-38.23%

-61.70%

+23.47%

Max Drawdown (1Y)

Largest decline over 1 year

-15.66%

-9.88%

-5.78%

Max Drawdown (5Y)

Largest decline over 5 years

-29.88%

-25.99%

-3.89%

Max Drawdown (10Y)

Largest decline over 10 years

-38.23%

-43.10%

+4.87%

Current Drawdown

Current decline from peak

-15.66%

-9.88%

-5.78%

Average Drawdown

Average peak-to-trough decline

-11.67%

-14.00%

+2.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.94%

2.55%

+1.39%

Volatility

JOEMX vs. EITEX - Volatility Comparison

JOHCM Emerging Markets Opportunities Fund (JOEMX) has a higher volatility of 8.56% compared to Parametric Tax-Managed Emerging Markets Fund (EITEX) at 5.60%. This indicates that JOEMX's price experiences larger fluctuations and is considered to be riskier than EITEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JOEMXEITEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.56%

5.60%

+2.96%

Volatility (6M)

Calculated over the trailing 6-month period

13.56%

8.76%

+4.80%

Volatility (1Y)

Calculated over the trailing 1-year period

19.15%

12.26%

+6.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.26%

12.05%

+4.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.95%

13.68%

+3.27%