PEAFX vs. FHKFX
Compare and contrast key facts about PIMCO RAE Emerging Markets Fund Class A (PEAFX) and Fidelity Series Emerging Markets Fund (FHKFX).
PEAFX is an actively managed fund by PIMCO. It was launched on Jun 5, 2015. FHKFX is managed by Fidelity. It was launched on Aug 29, 2018.
Performance
PEAFX vs. FHKFX - Performance Comparison
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PEAFX vs. FHKFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PEAFX PIMCO RAE Emerging Markets Fund Class A | 6.52% | 20.25% | 1.14% | 22.28% | -10.71% | 15.47% | 6.43% | 13.30% | -7.04% |
FHKFX Fidelity Series Emerging Markets Fund | 4.00% | 38.51% | 5.42% | 12.10% | -24.50% | -4.15% | 17.85% | 9.64% | -8.52% |
Returns By Period
In the year-to-date period, PEAFX achieves a 6.52% return, which is significantly higher than FHKFX's 4.00% return.
PEAFX
- 1D
- 0.08%
- 1M
- -8.64%
- YTD
- 6.52%
- 6M
- 8.29%
- 1Y
- 24.42%
- 3Y*
- 15.08%
- 5Y*
- 8.03%
- 10Y*
- 10.12%
FHKFX
- 1D
- -0.73%
- 1M
- -11.59%
- YTD
- 4.00%
- 6M
- 8.35%
- 1Y
- 36.95%
- 3Y*
- 17.32%
- 5Y*
- 3.63%
- 10Y*
- —
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PEAFX vs. FHKFX - Expense Ratio Comparison
PEAFX has a 1.10% expense ratio, which is higher than FHKFX's 0.01% expense ratio.
Return for Risk
PEAFX vs. FHKFX — Risk / Return Rank
PEAFX
FHKFX
PEAFX vs. FHKFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE Emerging Markets Fund Class A (PEAFX) and Fidelity Series Emerging Markets Fund (FHKFX). 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.
| PEAFX | FHKFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 1.88 | -0.30 |
Sortino ratioReturn per unit of downside risk | 1.99 | 2.44 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 2.68 | -0.93 |
Martin ratioReturn relative to average drawdown | 7.13 | 10.08 | -2.94 |
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
| PEAFX | FHKFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 1.88 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.20 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.26 | +0.39 |
Correlation
The correlation between PEAFX and FHKFX is 0.82, 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
PEAFX vs. FHKFX - Dividend Comparison
PEAFX's dividend yield for the trailing twelve months is around 2.79%, more than FHKFX's 2.29% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PEAFX PIMCO RAE Emerging Markets Fund Class A | 2.79% | 2.97% | 1.01% | 4.01% | 11.33% | 9.19% | 7.05% | 2.48% | 11.05% | 8.07% | 2.59% |
FHKFX Fidelity Series Emerging Markets Fund | 2.29% | 2.38% | 2.86% | 2.43% | 2.56% | 3.46% | 1.38% | 2.28% | 0.42% | 0.00% | 0.00% |
Drawdowns
PEAFX vs. FHKFX - Drawdown Comparison
The maximum PEAFX drawdown since its inception was -47.18%, roughly equal to the maximum FHKFX drawdown of -45.47%. Use the drawdown chart below to compare losses from any high point for PEAFX and FHKFX.
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Drawdown Indicators
| PEAFX | FHKFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.18% | -45.47% | -1.71% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | -12.54% | +0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -28.57% | -42.10% | +13.53% |
Max Drawdown (10Y)Largest decline over 10 years | -47.18% | — | — |
Current DrawdownCurrent decline from peak | -9.39% | -12.54% | +3.15% |
Average DrawdownAverage peak-to-trough decline | -10.29% | -17.58% | +7.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 3.33% | -0.13% |
Volatility
PEAFX vs. FHKFX - Volatility Comparison
The current volatility for PIMCO RAE Emerging Markets Fund Class A (PEAFX) is 5.57%, while Fidelity Series Emerging Markets Fund (FHKFX) has a volatility of 9.56%. This indicates that PEAFX experiences smaller price fluctuations and is considered to be less risky than FHKFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PEAFX | FHKFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.57% | 9.56% | -3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 11.14% | 14.63% | -3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.50% | 19.29% | -3.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.88% | 18.69% | -3.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 19.54% | -2.31% |