PDEZX vs. ESCIX

Last updated Apr 1, 2026

Compare and contrast key facts about PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) and Ashmore Emerging Markets Small Cap Equity Fund (ESCIX).

PDEZX is managed by PGIM. It was launched on Sep 15, 2014. ESCIX is managed by Ashmore. It was launched on Oct 3, 2011.

Performance

PDEZX vs. ESCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) and Ashmore Emerging Markets Small Cap Equity Fund (ESCIX). The values are adjusted to include any dividend payments, if applicable.

PDEZX vs. ESCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund	2.64%	14.88%	18.48%	16.12%	-41.65%	-0.86%	72.88%	30.33%	-18.26%	40.80%
ESCIX Ashmore Emerging Markets Small Cap Equity Fund	8.91%	26.07%	3.55%	19.64%	-24.45%	11.93%	43.41%	15.24%	-22.01%	28.57%

Returns By Period

In the year-to-date period, PDEZX achieves a 2.64% return, which is significantly lower than ESCIX's 8.91% return. Over the past 10 years, PDEZX has underperformed ESCIX with an annualized return of 9.10%, while ESCIX has yielded a comparatively higher 9.84% annualized return.

PDEZX

• 1D: -1.17%
• 1M: -13.24%
• YTD: 2.64%
• 6M: 1.50%
• 1Y: 19.21%
• 3Y*: 16.65%
• 5Y*: -1.37%
• 10Y*: 9.10%

ESCIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 8.91%
• 6M: 13.79%
• 1Y: 41.15%
• 3Y*: 16.77%
• 5Y*: 5.75%
• 10Y*: 9.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PDEZX vs. ESCIX - Expense Ratio Comparison

PDEZX has a 1.05% expense ratio, which is lower than ESCIX's 1.52% expense ratio.

ESCIX

Ashmore Emerging Markets Small Cap Equity Fund

PDEZX

PGIM Jennison Emerging Markets Equity Opportunities Fund

Return for Risk

PDEZX vs. ESCIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PDEZX

PDEZX Risk / Return Rank: 31
PDEZX Sharpe Ratio Rank: 30
PDEZX Sortino Ratio Rank: 29
PDEZX Omega Ratio Rank: 29
PDEZX Calmar Ratio Rank: 32
PDEZX Martin Ratio Rank: 32

ESCIX

ESCIX Risk / Return Rank: 95
ESCIX Sharpe Ratio Rank: 97
ESCIX Sortino Ratio Rank: 96
ESCIX Omega Ratio Rank: 95
ESCIX Calmar Ratio Rank: 89
ESCIX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PDEZX vs. ESCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) and Ashmore Emerging Markets Small Cap Equity Fund (ESCIX). 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.

	PDEZX	ESCIX	Difference
Sharpe ratio Return per unit of total volatility	0.72	2.59	-1.87
Sortino ratio Return per unit of downside risk	1.08	3.42	-2.34
Omega ratio Gain probability vs. loss probability	1.16	1.53	-0.37
Calmar ratio Return relative to maximum drawdown	0.91	2.47	-1.56
Martin ratio Return relative to average drawdown	3.49	14.33	-10.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PDEZX vs. ESCIX - Sharpe Ratio Comparison

The current PDEZX Sharpe Ratio is 0.72, which is lower than the ESCIX Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of PDEZX and ESCIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PDEZX	ESCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	2.59	-1.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	0.37	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.56	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.39	-0.09

Correlation

The correlation between PDEZX and ESCIX is 0.72, 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

PDEZX vs. ESCIX - Dividend Comparison

PDEZX's dividend yield for the trailing twelve months is around 2.15%, more than ESCIX's 0.42% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund	2.15%	2.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ESCIX Ashmore Emerging Markets Small Cap Equity Fund	0.42%	0.91%	0.00%	0.56%	0.60%	0.00%	0.00%	0.13%	0.11%	1.66%	1.16%

Drawdowns

PDEZX vs. ESCIX - Drawdown Comparison

The maximum PDEZX drawdown since its inception was -54.95%, which is greater than ESCIX's maximum drawdown of -48.76%. Use the drawdown chart below to compare losses from any high point for PDEZX and ESCIX.

Drawdown Indicators

	PDEZX	ESCIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.95%	-48.76%	-6.19%
Max Drawdown (1Y) Largest decline over 1 year	-16.06%	-12.84%	-3.22%
Max Drawdown (5Y) Largest decline over 5 years	-52.88%	-36.59%	-16.29%
Max Drawdown (10Y) Largest decline over 10 years	-54.95%	-48.76%	-6.19%
Current Drawdown Current decline from peak	-23.17%	-0.74%	-22.43%
Average Drawdown Average peak-to-trough decline	-20.43%	-13.45%	-6.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	2.49%	+1.82%

Volatility

PDEZX vs. ESCIX - Volatility Comparison

PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) has a higher volatility of 11.26% compared to Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) at 0.00%. This indicates that PDEZX's price experiences larger fluctuations and is considered to be riskier than ESCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDEZX	ESCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.26%	0.00%	+11.26%
Volatility (6M) Calculated over the trailing 6-month period	17.71%	8.91%	+8.80%
Volatility (1Y) Calculated over the trailing 1-year period	24.60%	15.75%	+8.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.12%	15.86%	+7.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.89%	17.64%	+4.25%