MPITX vs. PZRIX
MPITX (BNY Mellon International Fund) and PZRIX (PIMCO RAE Global ex-US Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, MPITX returned 8.15%/yr vs 10.31%/yr for PZRIX. Their correlation of 0.88 suggests significant overlap in exposure. MPITX charges 1.03%/yr vs 0.00%/yr for PZRIX.
Performance
MPITX vs. PZRIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MPITX achieves a 9.42% return, which is significantly lower than PZRIX's 15.07% return. Over the past 10 years, MPITX has underperformed PZRIX with an annualized return of 8.15%, while PZRIX has yielded a comparatively higher 10.31% annualized return.
MPITX
- 1D
- 0.53%
- 1M
- 2.60%
- YTD
- 9.42%
- 6M
- 11.51%
- 1Y
- 22.65%
- 3Y*
- 15.30%
- 5Y*
- 7.10%
- 10Y*
- 8.15%
PZRIX
- 1D
- 0.31%
- 1M
- 2.37%
- YTD
- 15.07%
- 6M
- 17.95%
- 1Y
- 34.46%
- 3Y*
- 21.22%
- 5Y*
- 10.30%
- 10Y*
- 10.31%
MPITX vs. PZRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPITX BNY Mellon International Fund | 9.42% | 31.06% | 1.61% | 17.01% | -15.66% | 9.01% | 7.19% | 22.28% | -16.66% | 27.96% |
PZRIX PIMCO RAE Global ex-US Fund | 15.07% | 34.05% | 3.29% | 19.31% | -9.11% | 12.08% | 1.74% | 15.94% | -14.93% | 26.00% |
Correlation
The correlation between MPITX and PZRIX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.88 |
The correlation between MPITX and PZRIX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MPITX vs. PZRIX — Risk / Return Rank
MPITX
PZRIX
MPITX vs. PZRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Fund (MPITX) 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.
| MPITX | PZRIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.53 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 4.17 | -2.16 |
| Martin ratioReturn relative to average drawdown | 6.67 | 15.05 | -8.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MPITX | PZRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 2.96 | -1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.66 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.61 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.61 | -0.31 |
Drawdowns
MPITX vs. PZRIX - Drawdown Comparison
The maximum MPITX drawdown since its inception was -58.61%, which is greater than PZRIX's maximum drawdown of -43.53%. Use the drawdown chart below to compare losses from any high point for MPITX and PZRIX.
Loading charts...
Drawdown Indicators
| MPITX | PZRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.61% | -43.53% | -15.08% |
Max Drawdown (1Y)Largest decline over 1 year | -11.35% | -8.18% | -3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -14.92% | -13.81% | -1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -32.12% | -30.85% | -1.27% |
Max Drawdown (10Y)Largest decline over 10 years | -37.52% | -43.53% | +6.01% |
Current DrawdownCurrent decline from peak | -3.56% | -0.76% | -2.80% |
Average DrawdownAverage peak-to-trough decline | -12.45% | -8.89% | -3.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 2.26% | +1.15% |
Volatility
MPITX vs. PZRIX - Volatility Comparison
BNY Mellon International Fund (MPITX) has a higher volatility of 4.49% compared to PIMCO RAE Global ex-US Fund (PZRIX) at 3.09%. This indicates that MPITX'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.
Loading charts...
Volatility by Period
| MPITX | PZRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 3.09% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 12.04% | 8.89% | +3.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 11.54% | +3.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.75% | 15.78% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 16.94% | +0.04% |
MPITX vs. PZRIX - Expense Ratio Comparison
MPITX has a 1.03% expense ratio, which is higher than PZRIX's 0.00% expense ratio.
Dividends
MPITX vs. PZRIX - Dividend Comparison
MPITX's dividend yield for the trailing twelve months is around 2.20%, less than PZRIX's 5.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPITX BNY Mellon International Fund | 2.20% | 2.41% | 3.35% | 3.81% | 4.62% | 1.61% | 2.19% | 2.52% | 2.24% | 1.50% | 2.05% | 1.40% |
PZRIX PIMCO RAE Global ex-US Fund | 5.70% | 6.56% | 6.70% | 9.19% | 8.80% | 11.99% | 2.04% | 6.32% | 2.80% | 4.13% | 2.58% | 0.00% |
Frequently Asked Questions
MPITX and PZRIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPITX has higher volatility (4.49%) compared to PZRIX (3.09%). In terms of maximum drawdown, MPITX dropped -58.61% vs PZRIX's -43.53%.
PZRIX currently has the higher Sharpe Ratio (2.96 vs 1.56), 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.
Find the right allocation for MPITX and PZRIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer