MFEM vs. MINT
MFEM (PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both exchange-traded funds - MFEM is a Emerging Markets Equities fund tracking the RAFI Dynamic Multi-Factor Emerging Market Index, while MINT is a Ultrashort Bond fund actively managed by PIMCO. MFEM is passively managed, while MINT is actively managed. Over the past 5 years, MFEM returned 8.84%/yr vs 3.47%/yr for MINT. At a 0.06 correlation, their price movements are largely independent. MFEM charges 0.49%/yr vs 0.36%/yr for MINT.
Performance
MFEM vs. MINT - Performance Comparison
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Returns By Period
In the year-to-date period, MFEM achieves a 31.49% return, which is significantly higher than MINT's 1.81% return.
MFEM
- 1D
- -1.14%
- 1M
- 9.48%
- YTD
- 31.49%
- 6M
- 33.22%
- 1Y
- 54.64%
- 3Y*
- 23.28%
- 5Y*
- 8.84%
- 10Y*
- —
MINT
- 1D
- 0.00%
- 1M
- 0.36%
- YTD
- 1.81%
- 6M
- 2.20%
- 1Y
- 4.67%
- 3Y*
- 5.41%
- 5Y*
- 3.47%
- 10Y*
- 2.70%
MFEM vs. MINT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF | 31.49% | 25.33% | 4.73% | 15.14% | -19.50% | 10.77% | 11.33% | 15.26% | -14.64% | 4.82% |
MINT PIMCO Enhanced Short Maturity Active ETF | 1.81% | 4.74% | 5.94% | 6.26% | -1.01% | -0.03% | 1.62% | 3.34% | 1.72% | 0.47% |
Correlation
The correlation between MFEM and MINT is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2017 | 0.06 |
The correlation between MFEM and MINT shifts across timeframes, from -0.05 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MFEM vs. MINT — Risk / Return Rank
MFEM
MINT
MFEM vs. MINT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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.
| MFEM | MINT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -14.22 | ||
| Sortino ratioReturn per unit of downside risk | -61.83 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 20.53 | -19.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.27 | 94.30 | -90.03 |
| Martin ratioReturn relative to average drawdown | 15.72 | 939.26 | -923.54 |
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
| MFEM | MINT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.87 | 17.09 | -14.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 5.99 | -5.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 2.47 | -2.03 |
Drawdowns
MFEM vs. MINT - Drawdown Comparison
The maximum MFEM drawdown since its inception was -43.32%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for MFEM and MINT.
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Drawdown Indicators
| MFEM | MINT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.32% | -4.62% | -38.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -0.05% | -12.81% |
Max Drawdown (3Y)Largest decline over 3 years | -19.22% | -0.16% | -19.06% |
Max Drawdown (5Y)Largest decline over 5 years | -31.39% | -2.42% | -28.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.62% | — |
Current DrawdownCurrent decline from peak | -1.14% | 0.00% | -1.14% |
Average DrawdownAverage peak-to-trough decline | -11.49% | -0.17% | -11.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 0.00% | +3.49% |
Volatility
MFEM vs. MINT - Volatility Comparison
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) has a higher volatility of 8.47% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.09%. This indicates that MFEM's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MFEM | MINT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.47% | 0.09% | +8.38% |
Volatility (6M)Calculated over the trailing 6-month period | 16.92% | 0.20% | +16.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.11% | 0.27% | +18.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.60% | 0.58% | +16.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.40% | 0.95% | +18.45% |
MFEM vs. MINT - Expense Ratio Comparison
MFEM has a 0.49% expense ratio, which is higher than MINT's 0.36% expense ratio.
Dividends
MFEM vs. MINT - Dividend Comparison
MFEM's dividend yield for the trailing twelve months is around 2.12%, less than MINT's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF | 2.12% | 2.77% | 5.89% | 4.01% | 7.01% | 29.96% | 1.70% | 2.37% | 1.18% | 0.21% | 0.00% | 0.00% |
MINT PIMCO Enhanced Short Maturity Active ETF | 4.28% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
Frequently Asked Questions
MFEM and MINT have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MFEM has higher volatility (8.47%) compared to MINT (0.09%). In terms of maximum drawdown, MFEM dropped -43.32% vs MINT's -4.62%.
On 5-year performance, MFEM leads with 8.84% vs 3.47% for MINT. On fees, MINT is cheaper at 0.36% per year. On volatility, MINT has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, MFEM has performed better with a 8.84% return vs 3.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MINT is cheaper with a 0.36% expense ratio, compared with 0.49% for MFEM.
MINT has the higher dividend yield at 4.28%, compared with 2.12% for MFEM.
MFEM is categorized as Emerging Markets Equities, while MINT is Ultrashort Bond. Their fees differ too: 0.49% for MFEM and 0.36% for MINT.
MINT currently has the higher Sharpe Ratio (17.09 vs 2.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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