PEBIX vs. GMCDX
Compare and contrast key facts about PIMCO Emerging Markets Bond Fund (PEBIX) and GMO Emerging Country Debt Fund (GMCDX).
PEBIX is managed by PIMCO. It was launched on Jul 30, 1997. GMCDX is managed by GMO. It was launched on Apr 18, 1994.
Performance
PEBIX vs. GMCDX - Performance Comparison
Loading graphics...
PEBIX vs. GMCDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEBIX PIMCO Emerging Markets Bond Fund | -1.60% | 15.48% | 7.83% | 11.48% | -17.48% | -2.00% | 6.56% | 14.91% | -4.17% | 10.60% |
GMCDX GMO Emerging Country Debt Fund | 2.31% | 22.34% | 13.39% | 17.63% | -16.30% | 6.56% | 7.25% | 14.28% | -5.89% | 12.49% |
Returns By Period
In the year-to-date period, PEBIX achieves a -1.60% return, which is significantly lower than GMCDX's 2.31% return. Over the past 10 years, PEBIX has underperformed GMCDX with an annualized return of 4.56%, while GMCDX has yielded a comparatively higher 7.62% annualized return.
PEBIX
- 1D
- 0.34%
- 1M
- -3.38%
- YTD
- -1.60%
- 6M
- 1.78%
- 1Y
- 10.14%
- 3Y*
- 10.00%
- 5Y*
- 2.93%
- 10Y*
- 4.56%
GMCDX
- 1D
- 0.30%
- 1M
- -2.54%
- YTD
- 2.31%
- 6M
- 8.44%
- 1Y
- 20.37%
- 3Y*
- 17.91%
- 5Y*
- 9.25%
- 10Y*
- 7.62%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PEBIX vs. GMCDX - Expense Ratio Comparison
PEBIX has a 0.83% expense ratio, which is higher than GMCDX's 0.53% expense ratio.
Return for Risk
PEBIX vs. GMCDX — Risk / Return Rank
PEBIX
GMCDX
PEBIX vs. GMCDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Bond Fund (PEBIX) and GMO Emerging Country Debt Fund (GMCDX). 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 | GMCDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.04 | 3.12 | -1.08 |
Sortino ratioReturn per unit of downside risk | 2.90 | 4.54 | -1.64 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.76 | -0.34 |
Calmar ratioReturn relative to maximum drawdown | 2.46 | 3.55 | -1.09 |
Martin ratioReturn relative to average drawdown | 10.07 | 17.85 | -7.77 |
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 graphics...
Sharpe Ratios by Period
| PEBIX | GMCDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 3.12 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.83 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.82 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.30 | +0.58 |
Correlation
The correlation between PEBIX and GMCDX is 0.79, 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
PEBIX vs. GMCDX - Dividend Comparison
PEBIX's dividend yield for the trailing twelve months is around 6.09%, which matches GMCDX's 6.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEBIX PIMCO Emerging Markets Bond Fund | 6.09% | 6.68% | 6.81% | 5.36% | 6.21% | 4.41% | 4.23% | 4.47% | 4.41% | 5.10% | 5.57% | 6.08% |
GMCDX GMO Emerging Country Debt Fund | 6.13% | 6.27% | 6.88% | 10.26% | 13.73% | 17.75% | 9.66% | 6.60% | 7.76% | 7.06% | 6.00% | 2.50% |
Drawdowns
PEBIX vs. GMCDX - Drawdown Comparison
The maximum PEBIX drawdown since its inception was -35.49%, smaller than the maximum GMCDX drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for PEBIX and GMCDX.
Loading graphics...
Drawdown Indicators
| PEBIX | GMCDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.49% | -68.24% | +32.75% |
Max Drawdown (1Y)Largest decline over 1 year | -4.56% | -5.69% | +1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -28.10% | -26.02% | -2.08% |
Max Drawdown (10Y)Largest decline over 10 years | -28.10% | -26.02% | -2.08% |
Current DrawdownCurrent decline from peak | -3.90% | -3.56% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -17.75% | +13.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 1.14% | -0.03% |
Volatility
PEBIX vs. GMCDX - Volatility Comparison
The current volatility for PIMCO Emerging Markets Bond Fund (PEBIX) is 1.88%, while GMO Emerging Country Debt Fund (GMCDX) has a volatility of 2.27%. This indicates that PEBIX experiences smaller price fluctuations and is considered to be less risky than GMCDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PEBIX | GMCDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.88% | 2.27% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 3.03% | 3.92% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.17% | 6.72% | -1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.28% | 11.16% | -4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.36% | 9.31% | -2.95% |