MDIIX vs. PZRIX
Compare and contrast key facts about iShares MSCI EAFE International Index Fund (MDIIX) and PIMCO RAE Global ex-US Fund (PZRIX).
MDIIX is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Index (Net). It was launched on Apr 9, 1997. PZRIX is managed by PIMCO. It was launched on Jun 4, 2015.
Performance
MDIIX vs. PZRIX - Performance Comparison
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MDIIX vs. PZRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDIIX iShares MSCI EAFE International Index Fund | -1.98% | 31.36% | 3.36% | 18.04% | -14.33% | 10.98% | 7.68% | 21.55% | -13.62% | 24.84% |
PZRIX PIMCO RAE Global ex-US Fund | 7.89% | 34.05% | 3.29% | 19.31% | -9.11% | 12.08% | 1.74% | 15.94% | -14.93% | 26.00% |
Returns By Period
In the year-to-date period, MDIIX achieves a -1.98% return, which is significantly lower than PZRIX's 7.89% return. Over the past 10 years, MDIIX has underperformed PZRIX with an annualized return of 8.27%, while PZRIX has yielded a comparatively higher 9.95% annualized return.
MDIIX
- 1D
- 0.37%
- 1M
- -10.85%
- YTD
- -1.98%
- 6M
- 2.27%
- 1Y
- 19.23%
- 3Y*
- 13.10%
- 5Y*
- 7.63%
- 10Y*
- 8.27%
PZRIX
- 1D
- 0.41%
- 1M
- -6.89%
- YTD
- 7.89%
- 6M
- 16.45%
- 1Y
- 34.85%
- 3Y*
- 18.91%
- 5Y*
- 10.55%
- 10Y*
- 9.95%
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MDIIX vs. PZRIX - Expense Ratio Comparison
MDIIX has a 0.35% expense ratio, which is higher than PZRIX's 0.00% expense ratio.
Return for Risk
MDIIX vs. PZRIX — Risk / Return Rank
MDIIX
PZRIX
MDIIX vs. PZRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE International Index Fund (MDIIX) and PIMCO RAE Global ex-US Fund (PZRIX). 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.
| MDIIX | PZRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 2.41 | -1.34 |
Sortino ratioReturn per unit of downside risk | 1.51 | 3.09 | -1.58 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.47 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 2.70 | -1.19 |
Martin ratioReturn relative to average drawdown | 5.76 | 12.87 | -7.10 |
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
| MDIIX | PZRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 2.41 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.67 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.59 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.58 | -0.30 |
Correlation
The correlation between MDIIX and PZRIX is 0.93, 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
MDIIX vs. PZRIX - Dividend Comparison
MDIIX's dividend yield for the trailing twelve months is around 3.56%, less than PZRIX's 6.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDIIX iShares MSCI EAFE International Index Fund | 3.56% | 3.49% | 3.15% | 2.94% | 2.52% | 2.78% | 1.72% | 3.05% | 4.24% | 2.21% | 2.60% | 1.94% |
PZRIX PIMCO RAE Global ex-US Fund | 6.08% | 6.56% | 6.70% | 9.19% | 8.80% | 11.99% | 2.04% | 6.32% | 2.80% | 4.13% | 2.58% | 0.00% |
Drawdowns
MDIIX vs. PZRIX - Drawdown Comparison
The maximum MDIIX drawdown since its inception was -61.26%, which is greater than PZRIX's maximum drawdown of -43.53%. Use the drawdown chart below to compare losses from any high point for MDIIX and PZRIX.
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Drawdown Indicators
| MDIIX | PZRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.26% | -43.53% | -17.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | -10.68% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -29.43% | -30.85% | +1.42% |
Max Drawdown (10Y)Largest decline over 10 years | -34.34% | -43.53% | +9.19% |
Current DrawdownCurrent decline from peak | -10.89% | -6.96% | -3.93% |
Average DrawdownAverage peak-to-trough decline | -15.65% | -9.00% | -6.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.53% | +0.43% |
Volatility
MDIIX vs. PZRIX - Volatility Comparison
iShares MSCI EAFE International Index Fund (MDIIX) has a higher volatility of 7.04% compared to PIMCO RAE Global ex-US Fund (PZRIX) at 5.02%. This indicates that MDIIX's price experiences larger fluctuations and is considered to be riskier than PZRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDIIX | PZRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.04% | 5.02% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 10.75% | 8.77% | +1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.91% | 14.09% | +2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 15.83% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.56% | 17.01% | -0.45% |