LEMB vs. PELBX
Compare and contrast key facts about iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) and PIMCO Emerging Markets Local Currency and Bond Fund (PELBX).
LEMB is a passively managed fund by iShares that tracks the performance of the J.P. Morgan GBI-EM Global 15 cap 4.5 floor. It was launched on Oct 18, 2011. PELBX is managed by PIMCO. It was launched on Dec 28, 2006.
Performance
LEMB vs. PELBX - Performance Comparison
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LEMB vs. PELBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | -1.85% | 18.02% | -1.72% | 7.23% | -10.74% | -9.92% | 3.10% | 6.40% | -7.49% | 12.49% |
PELBX PIMCO Emerging Markets Local Currency and Bond Fund | -3.89% | 22.96% | -0.75% | 15.11% | -7.36% | -8.13% | 2.16% | 17.23% | -7.49% | 15.44% |
Returns By Period
In the year-to-date period, LEMB achieves a -1.85% return, which is significantly higher than PELBX's -3.89% return. Over the past 10 years, LEMB has underperformed PELBX with an annualized return of 1.00%, while PELBX has yielded a comparatively higher 3.96% annualized return.
LEMB
- 1D
- 0.94%
- 1M
- -5.03%
- YTD
- -1.85%
- 6M
- 1.44%
- 1Y
- 11.60%
- 3Y*
- 5.53%
- 5Y*
- 0.81%
- 10Y*
- 1.00%
PELBX
- 1D
- -0.33%
- 1M
- -7.33%
- YTD
- -3.89%
- 6M
- 0.17%
- 1Y
- 12.62%
- 3Y*
- 8.53%
- 5Y*
- 4.35%
- 10Y*
- 3.96%
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LEMB vs. PELBX - Expense Ratio Comparison
LEMB has a 0.30% expense ratio, which is lower than PELBX's 1.22% expense ratio.
Return for Risk
LEMB vs. PELBX — Risk / Return Rank
LEMB
PELBX
LEMB vs. PELBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) and PIMCO Emerging Markets Local Currency and Bond Fund (PELBX). 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.
| LEMB | PELBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 2.07 | -0.37 |
Sortino ratioReturn per unit of downside risk | 2.29 | 2.84 | -0.55 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 1.79 | +0.20 |
Martin ratioReturn relative to average drawdown | 8.51 | 8.32 | +0.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LEMB | PELBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 2.07 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.55 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.45 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.35 | -0.33 |
Correlation
The correlation between LEMB and PELBX is 0.78, 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
LEMB vs. PELBX - Dividend Comparison
LEMB's dividend yield for the trailing twelve months is around 2.49%, less than PELBX's 6.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 2.49% | 2.44% | 0.00% | 1.34% | 0.86% | 3.89% | 0.00% | 4.39% | 3.46% | 0.00% | 0.00% | 0.64% |
PELBX PIMCO Emerging Markets Local Currency and Bond Fund | 6.62% | 6.71% | 7.08% | 4.81% | 3.24% | 4.87% | 4.87% | 6.14% | 6.88% | 5.84% | 5.69% | 5.51% |
Drawdowns
LEMB vs. PELBX - Drawdown Comparison
The maximum LEMB drawdown since its inception was -30.82%, smaller than the maximum PELBX drawdown of -36.17%. Use the drawdown chart below to compare losses from any high point for LEMB and PELBX.
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Drawdown Indicators
| LEMB | PELBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.82% | -36.17% | +5.35% |
Max Drawdown (1Y)Largest decline over 1 year | -6.00% | -7.33% | +1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -25.29% | -23.01% | -2.28% |
Max Drawdown (10Y)Largest decline over 10 years | -29.09% | -24.89% | -4.20% |
Current DrawdownCurrent decline from peak | -7.73% | -7.33% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -12.83% | -11.30% | -1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 1.57% | -0.17% |
Volatility
LEMB vs. PELBX - Volatility Comparison
iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) and PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) have volatilities of 3.56% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEMB | PELBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.56% | 3.45% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 4.71% | 4.85% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.85% | 6.60% | +0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.19% | 7.92% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.33% | 8.94% | +0.39% |