PEBIX vs. IXC
PEBIX (PIMCO Emerging Markets Bond Fund) and IXC (iShares Global Energy ETF) are both funds - PEBIX is a Emerging Markets Bonds fund managed by PIMCO, while IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index. Over the past 10 years, PEBIX returned 4.58%/yr vs 9.48%/yr for IXC. At a 0.18 correlation, their price movements are largely independent. PEBIX charges 0.83%/yr vs 0.40%/yr for IXC.
Performance
PEBIX vs. IXC - Performance Comparison
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Returns By Period
In the year-to-date period, PEBIX achieves a 3.00% return, which is significantly lower than IXC's 20.55% return. Over the past 10 years, PEBIX has underperformed IXC with an annualized return of 4.58%, while IXC has yielded a comparatively higher 9.48% annualized return.
PEBIX
- 1D
- 0.22%
- 1M
- 1.65%
- YTD
- 3.00%
- 6M
- 3.45%
- 1Y
- 13.21%
- 3Y*
- 11.27%
- 5Y*
- 3.14%
- 10Y*
- 4.58%
IXC
- 1D
- 0.67%
- 1M
- -7.64%
- YTD
- 20.55%
- 6M
- 21.59%
- 1Y
- 32.10%
- 3Y*
- 15.17%
- 5Y*
- 17.36%
- 10Y*
- 9.48%
PEBIX vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEBIX PIMCO Emerging Markets Bond Fund | 3.00% | 15.48% | 7.83% | 11.48% | -17.48% | -2.00% | 6.56% | 14.91% | -4.17% | 10.60% |
IXC iShares Global Energy ETF | 20.55% | 13.98% | 1.95% | 3.92% | 48.51% | 40.88% | -31.00% | 12.67% | -14.85% | 5.54% |
Correlation
The correlation between PEBIX and IXC is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2001 | 0.18 |
The correlation between PEBIX and IXC shifts across timeframes, from -0.25 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PEBIX vs. IXC — Risk / Return Rank
PEBIX
IXC
PEBIX vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Bond Fund (PEBIX) and iShares Global Energy ETF (IXC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PEBIX | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.28 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 2.33 | +0.85 |
| Martin ratioReturn relative to average drawdown | 13.56 | 8.08 | +5.47 |
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Drawdowns
PEBIX vs. IXC - Drawdown Comparison
The maximum PEBIX drawdown since its inception was -35.49%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for PEBIX and IXC.
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Drawdown Indicators
| PEBIX | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.49% | -67.88% | +32.39% |
Max Drawdown (1Y)Largest decline over 1 year | -4.23% | -13.81% | +9.58% |
Max Drawdown (3Y)Largest decline over 3 years | -6.31% | -19.06% | +12.75% |
Max Drawdown (5Y)Largest decline over 5 years | -28.10% | -24.93% | -3.17% |
Max Drawdown (10Y)Largest decline over 10 years | -28.10% | -64.16% | +36.06% |
Current DrawdownCurrent decline from peak | -0.44% | -13.24% | +12.80% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -17.46% | +12.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 3.98% | -2.99% |
Volatility
PEBIX vs. IXC - Volatility Comparison
The current volatility for PIMCO Emerging Markets Bond Fund (PEBIX) is 1.49%, while iShares Global Energy ETF (IXC) has a volatility of 6.46%. This indicates that PEBIX experiences smaller price fluctuations and is considered to be less risky than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PEBIX | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 6.46% | -4.97% |
Volatility (6M)Calculated over the trailing 6-month period | 3.87% | 15.91% | -12.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.75% | 19.08% | -14.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.37% | 23.50% | -17.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.38% | 26.82% | -20.44% |
PEBIX vs. IXC - Expense Ratio Comparison
PEBIX has a 0.83% expense ratio, which is higher than IXC's 0.40% expense ratio.
Dividends
PEBIX vs. IXC - Dividend Comparison
PEBIX's dividend yield for the trailing twelve months is around 6.41%, more than IXC's 3.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXC iShares Global Energy ETF | 3.15% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
PEBIX PIMCO Emerging Markets Bond Fund | 6.41% | 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
PEBIX and IXC have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IXC has higher volatility (6.46%) compared to PEBIX (1.49%). In terms of maximum drawdown, PEBIX dropped -35.49% vs IXC's -67.88%.
PEBIX currently has the higher Sharpe Ratio (2.84 vs 1.69), 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.
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