PCCE vs. PCEB
PCCE (Polen Capital China Growth ETF) and PCEB (Polen Euro High Yield Bond ETF) are both exchange-traded funds - PCCE is a China Equities fund actively managed by Polen, while PCEB is a European High Yield Bonds fund actively managed by Polen. Both are actively managed. Their 0.22 correlation means their historical movements had little consistent relationship. PCCE charges 1.00%/yr vs 0.55%/yr for PCEB.
Performance
PCCE vs. PCEB - Performance Comparison
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Returns By Period
PCCE
- 1D
- -0.28%
- 1M
- 2.90%
- 6M
- -5.93%
- YTD
- -3.59%
- 1Y
- 1.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.15%
PCEB
- 1D
- -0.04%
- 1M
- 0.02%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.55K | $4.12K | $4.24K | |
| $462.01K | $325.88K | $502.53K |
PCCE vs. PCEB - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PCCE Polen Capital China Growth ETF | -2.44% |
PCEB Polen Euro High Yield Bond ETF | -1.68% |
Correlation
The correlation between PCCE and PCEB is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 6, 2026 | 0.22 |
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Return for Risk
PCCE vs. PCEB — Risk / Return Rank
PCCE
PCEB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PCCE vs. PCEB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polen Capital China Growth ETF (PCCE) and Polen Euro High Yield Bond ETF (PCEB). 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.
| PCCE | PCEB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.03 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | — | — |
| Martin ratioReturn relative to average drawdown | 0.14 | — | — |
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Drawdowns
PCCE vs. PCEB - Drawdown Comparison
The maximum PCCE drawdown since its inception was -26.38%, which is greater than PCEB's maximum drawdown of -3.27%. Use the drawdown chart below to compare losses from any high point for PCCE and PCEB.
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Drawdown Indicators
| PCCE | PCEB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.38% | -3.27% | -23.11% |
Max Drawdown (1Y)Largest decline over 1 year | -16.59% | — | — |
Current DrawdownCurrent decline from peak | -12.02% | -1.88% | -10.14% |
Average DrawdownAverage peak-to-trough decline | -10.18% | -1.75% | -8.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.09% | — | — |
Volatility
PCCE vs. PCEB - Volatility Comparison
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Volatility by Period
| PCCE | PCEB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.88% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.98% | 6.16% | +13.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.88% | 6.16% | +19.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.88% | 6.16% | +19.72% |
PCCE vs. PCEB - Expense Ratio Comparison
PCCE has a 1.00% expense ratio, which is higher than PCEB's 0.55% expense ratio.
Dividends
PCCE vs. PCEB - Dividend Comparison
PCCE's dividend yield for the trailing twelve months is around 2.37%, more than PCEB's 0.85% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PCCE Polen Capital China Growth ETF | 2.37% | 2.29% | 1.95% |
PCEB Polen Euro High Yield Bond ETF | 0.85% | 0.00% | 0.00% |
Frequently Asked Questions
PCCE and PCEB have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PCEB is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PCEB is cheaper with a 0.55% expense ratio, compared with 1.00% for PCCE.
PCCE has the higher dividend yield at 2.37%, compared with 0.85% for PCEB.
PCCE is categorized as China Equities, while PCEB is European High Yield Bonds. Their fees differ too: 1.00% for PCCE and 0.55% for PCEB.
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