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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEBIX or GMCDX.
Key characteristics
| PEBIX | GMCDX | |
|---|---|---|
| YTD Return | 8.12% | 14.05% |
| 1Y Return | 17.76% | 24.45% |
| 3Y Return (Ann) | 0.10% | 5.93% |
| 5Y Return (Ann) | 1.71% | 5.74% |
| 10Y Return (Ann) | 3.05% | 5.50% |
| Sharpe Ratio | 3.08 | 4.43 |
| Sortino Ratio | 4.93 | 7.31 |
| Omega Ratio | 1.62 | 2.01 |
| Calmar Ratio | 1.03 | 2.34 |
| Martin Ratio | 15.95 | 33.23 |
| Ulcer Index | 1.08% | 0.73% |
| Daily Std Dev | 5.61% | 5.45% |
| Max Drawdown | -32.36% | -86.92% |
| Current Drawdown | -1.74% | -0.05% |
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.
Performance
PEBIX vs. GMCDX - Performance Comparison
In the year-to-date period, PEBIX achieves a 8.12% return, which is significantly lower than GMCDX's 14.05% return. Over the past 10 years, PEBIX has underperformed GMCDX with an annualized return of 3.05%, while GMCDX has yielded a comparatively higher 5.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PEBIX vs. GMCDX - Expense Ratio Comparison
PEBIX has a 0.83% expense ratio, which is higher than GMCDX's 0.53% expense ratio.
Risk-Adjusted Performance
PEBIX vs. GMCDX - Risk-Adjusted Performance 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.
Dividends
PEBIX vs. GMCDX - Dividend Comparison
PEBIX's dividend yield for the trailing twelve months is around 6.41%, less than GMCDX's 8.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEBIX PIMCO Emerging Markets Bond Fund | 6.41% | 5.88% | 7.56% | 4.41% | 4.23% | 4.48% | 4.42% | 5.11% | 5.58% | 5.51% | 5.57% | 5.42% |
GMCDX GMO Emerging Country Debt Fund | 8.97% | 10.26% | 13.73% | 15.05% | 7.33% | 6.60% | 7.76% | 7.05% | 10.54% | 7.51% | 9.23% | 6.06% |
Drawdowns
PEBIX vs. GMCDX - Drawdown Comparison
The maximum PEBIX drawdown since its inception was -32.36%, smaller than the maximum GMCDX drawdown of -86.92%. Use the drawdown chart below to compare losses from any high point for PEBIX and GMCDX. For additional features, visit the drawdowns tool.
Volatility
PEBIX vs. GMCDX - Volatility Comparison
The current volatility for PIMCO Emerging Markets Bond Fund (PEBIX) is 1.51%, while GMO Emerging Country Debt Fund (GMCDX) has a volatility of 1.69%. 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.