MPITX vs. PPYPX
MPITX (BNY Mellon International Fund) and PPYPX (PIMCO RAE International Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, MPITX returned 8.46%/yr vs 9.38%/yr for PPYPX. Their correlation of 0.88 means they have usually moved in the same direction. MPITX charges 1.03%/yr vs 0.60%/yr for PPYPX.
Performance
MPITX vs. PPYPX - Performance Comparison
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Returns By Period
In the year-to-date period, MPITX achieves a 10.98% return, which is significantly lower than PPYPX's 17.62% return. Over the past 10 years, MPITX has underperformed PPYPX with an annualized return of 8.46%, while PPYPX has yielded a comparatively higher 9.38% annualized return.
MPITX
- 1D
- -0.83%
- 1M
- -0.31%
- 6M
- 3.11%
- YTD
- 10.98%
- 1Y
- 23.46%
- 3Y*
- 14.54%
- 5Y*
- 7.90%
- 10Y*
- 8.46%
- ALL TIME*
- 5.69%
PPYPX
- 1D
- -1.04%
- 1M
- 5.54%
- 6M
- 8.94%
- YTD
- 17.62%
- 1Y
- 29.78%
- 3Y*
- 16.69%
- 5Y*
- 10.14%
- 10Y*
- 9.38%
- ALL TIME*
- 9.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MPITX vs. PPYPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPITX BNY Mellon International Fund | 10.98% | 31.06% | 1.61% | 17.01% | -15.66% | 9.01% | 7.19% | 22.28% | -16.66% | 27.96% |
PPYPX PIMCO RAE International Fund | 17.62% | 31.34% | -1.15% | 18.13% | -8.73% | 10.68% | 2.05% | 16.43% | -15.49% | 24.89% |
Correlation
The correlation between MPITX and PPYPX is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.83 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.88 |
The correlation between MPITX and PPYPX shifts across timeframes, from 0.71 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MPITX vs. PPYPX — Risk / Return Rank
MPITX
PPYPX
MPITX vs. PPYPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Fund (MPITX) and PIMCO RAE International Fund (PPYPX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MPITX | PPYPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.43 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 4.14 | -2.09 |
| Martin ratioReturn relative to average drawdown | 6.42 | 12.39 | -5.97 |
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Drawdowns
MPITX vs. PPYPX - Drawdown Comparison
The maximum MPITX drawdown since its inception was -58.61%, which is greater than PPYPX's maximum drawdown of -42.48%. Use the drawdown chart below to compare losses from any high point for MPITX and PPYPX.
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Drawdown Indicators
| MPITX | PPYPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.61% | -42.48% | -16.13% |
Max Drawdown (1Y)Largest decline over 1 year | -11.35% | -7.48% | -3.87% |
Max Drawdown (3Y)Largest decline over 3 years | -14.92% | -14.00% | -0.92% |
Max Drawdown (5Y)Largest decline over 5 years | -31.06% | -35.65% | +4.59% |
Max Drawdown (10Y)Largest decline over 10 years | -37.52% | -42.48% | +4.96% |
Current DrawdownCurrent decline from peak | -2.19% | -1.04% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -12.39% | -10.03% | -2.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 2.49% | +1.12% |
Volatility
MPITX vs. PPYPX - Volatility Comparison
BNY Mellon International Fund (MPITX) has a higher volatility of 5.07% compared to PIMCO RAE International Fund (PPYPX) at 3.66%. This indicates that MPITX's price experiences larger fluctuations and is considered to be riskier than PPYPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MPITX | PPYPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 3.66% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 13.34% | 9.64% | +3.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.58% | 13.00% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.92% | 19.47% | -3.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 18.69% | -2.02% |
MPITX vs. PPYPX - Expense Ratio Comparison
MPITX has a 1.03% expense ratio, which is higher than PPYPX's 0.60% expense ratio.
Dividends
MPITX vs. PPYPX - Dividend Comparison
MPITX's dividend yield for the trailing twelve months is around 2.17%, less than PPYPX's 6.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPITX BNY Mellon International Fund | 2.17% | 2.41% | 3.35% | 3.81% | 4.62% | 1.61% | 2.19% | 2.52% | 2.24% | 1.50% | 2.05% | 1.40% |
PPYPX PIMCO RAE International Fund | 6.61% | 7.78% | 6.57% | 10.09% | 7.20% | 27.06% | 2.23% | 4.20% | 5.96% | 2.53% | 2.41% | 0.00% |
Frequently Asked Questions
MPITX and PPYPX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPITX has higher volatility (5.07%) compared to PPYPX (3.66%). In terms of maximum drawdown, MPITX dropped -58.61% vs PPYPX's -42.48%.
PPYPX currently has the higher Sharpe Ratio (2.39 vs 1.49), 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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