PEBIX vs. AVUV

Last updated Jun 4, 2026

PEBIX (PIMCO Emerging Markets Bond Fund) and AVUV (Avantis US Small Cap Value ETF) are both funds - PEBIX is a Emerging Markets Bonds fund managed by PIMCO, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. Over the past 5 years, PEBIX returned 3.17%/yr vs 10.71%/yr for AVUV. At a 0.20 correlation, their price movements are largely independent. PEBIX charges 0.83%/yr vs 0.25%/yr for AVUV.

Performance

PEBIX vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Emerging Markets Bond Fund (PEBIX) and Avantis US Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PEBIX achieves a 2.77% return, which is significantly lower than AVUV's 17.96% return.

PEBIX

• 1D: 0.22%
• 1M: 1.20%
• YTD: 2.77%
• 6M: 3.23%
• 1Y: 14.56%
• 3Y*: 11.84%
• 5Y*: 3.17%
• 10Y*: 4.65%

AVUV

• 1D: -0.97%
• 1M: 1.21%
• YTD: 17.96%
• 6M: 17.23%
• 1Y: 36.48%
• 3Y*: 19.24%
• 5Y*: 10.71%
• 10Y*: —

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

PEBIX vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PEBIX PIMCO Emerging Markets Bond Fund	2.77%	15.48%	7.83%	11.48%	-17.48%	-2.00%	6.56%	3.39%
AVUV Avantis US Small Cap Value ETF	17.96%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	8.50%

Correlation

The correlation between PEBIX and AVUV is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019	0.20

Return for Risk

PEBIX vs. AVUV — Risk / Return Rank

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

PEBIX

PEBIX Risk / Return Rank: 88
PEBIX Sharpe Ratio Rank: 93
PEBIX Sortino Ratio Rank: 96
PEBIX Omega Ratio Rank: 91
PEBIX Calmar Ratio Rank: 78
PEBIX Martin Ratio Rank: 81

AVUV

AVUV Risk / Return Rank: 67
AVUV Sharpe Ratio Rank: 61
AVUV Sortino Ratio Rank: 63
AVUV Omega Ratio Rank: 58
AVUV Calmar Ratio Rank: 84
AVUV Martin Ratio Rank: 72

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.

PEBIX vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Bond Fund (PEBIX) and Avantis US Small Cap Value ETF (AVUV). 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.

	PEBIX	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	3.20	2.10	+1.11
Sortino ratio: Return per unit of downside risk	5.30	3.02	+2.28
Omega ratio: Gain probability vs. loss probability	1.66	1.36	+0.30
Calmar ratio: Return relative to maximum drawdown	3.54	4.61	-1.07
Martin ratio: Return relative to average drawdown	15.16	13.69	+1.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PEBIX vs. AVUV - Sharpe Ratio Comparison

The current PEBIX Sharpe Ratio is 3.20, which is higher than the AVUV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of PEBIX and AVUV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PEBIX	AVUV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.20	2.10	+1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.47	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.56	+0.34

Drawdowns

PEBIX vs. AVUV - Drawdown Comparison

The maximum PEBIX drawdown since its inception was -35.49%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for PEBIX and AVUV.

Drawdown Indicators

	PEBIX	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-35.49%	-49.42%	+13.93%
Max Drawdown (1Y) Largest decline over 1 year	-4.23%	-7.95%	+3.72%
Max Drawdown (3Y) Largest decline over 3 years	-6.31%	-28.79%	+22.48%
Max Drawdown (5Y) Largest decline over 5 years	-28.10%	-28.79%	+0.69%
Max Drawdown (10Y) Largest decline over 10 years	-28.10%	—	—
Current Drawdown Current decline from peak	0.00%	-1.12%	+1.12%
Average Drawdown Average peak-to-trough decline	-4.69%	-7.95%	+3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.98%	2.67%	-1.69%

Volatility

PEBIX vs. AVUV - Volatility Comparison

The current volatility for PIMCO Emerging Markets Bond Fund (PEBIX) is 1.72%, while Avantis US Small Cap Value ETF (AVUV) has a volatility of 4.08%. This indicates that PEBIX experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PEBIX	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.72%	4.08%	-2.36%
Volatility (6M) Calculated over the trailing 6-month period	3.79%	11.34%	-7.55%
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	17.54%	-12.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.36%	22.74%	-16.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.38%	28.30%	-21.92%

PEBIX vs. AVUV - Expense Ratio Comparison

PEBIX has a 0.83% expense ratio, which is higher than AVUV's 0.25% expense ratio.

Dividends

PEBIX vs. AVUV - Dividend Comparison

PEBIX's dividend yield for the trailing twelve months is around 6.43%, more than AVUV's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUV Avantis US Small Cap Value ETF	1.29%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%	0.00%	0.00%	0.00%	0.00%
PEBIX PIMCO Emerging Markets Bond Fund	6.43%	6.68%	6.81%	5.36%	6.21%	4.41%	4.23%	4.47%	4.41%	5.10%	5.57%	6.08%

Frequently Asked Questions

Can I hold both PEBIX and AVUV in my portfolio?

PEBIX and AVUV have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PEBIX or AVUV?

AVUV has higher volatility (4.08%) compared to PEBIX (1.72%). In terms of maximum drawdown, PEBIX dropped -35.49% vs AVUV's -49.42%.

Which has better risk-adjusted returns?

PEBIX currently has the higher Sharpe Ratio (3.20 vs 2.10), 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.