PEBIX vs. SLV
PEBIX (PIMCO Emerging Markets Bond Fund) and SLV (iShares Silver Trust) are both funds - PEBIX is a Emerging Markets Bonds fund managed by PIMCO, while SLV is a Silver fund tracking the LBMA Silver Price. Over the past 10 years, PEBIX returned 3.97%/yr vs 11.15%/yr for SLV. Their 0.19 correlation means their historical movements had little consistent relationship. PEBIX charges 0.83%/yr vs 0.50%/yr for SLV.
Performance
PEBIX vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, PEBIX achieves a 1.82% return, which is significantly higher than SLV's -16.42% return. Over the past 10 years, PEBIX has underperformed SLV with an annualized return of 3.97%, while SLV has yielded a comparatively higher 11.15% annualized return.
PEBIX
- 1D
- 0.45%
- 1M
- -1.43%
- 6M
- 0.59%
- YTD
- 1.82%
- 1Y
- 8.66%
- 3Y*
- 10.51%
- 5Y*
- 2.65%
- 10Y*
- 3.97%
- ALL TIME*
- 7.46%
SLV
- 1D
- 2.63%
- 1M
- -2.14%
- 6M
- -30.04%
- YTD
- -16.42%
- 1Y
- 58.45%
- 3Y*
- 35.46%
- 5Y*
- 18.24%
- 10Y*
- 11.15%
- ALL TIME*
- 7.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $721.48M | $758.11M | $1.24B |
PEBIX vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEBIX PIMCO Emerging Markets Bond Fund | 1.82% | 15.48% | 7.83% | 11.48% | -17.48% | -2.00% | 6.56% | 14.91% | -4.17% | 10.60% |
SLV iShares Silver Trust | -16.42% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
Correlation
The correlation between PEBIX and SLV is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2006 | 0.19 |
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Return for Risk
PEBIX vs. SLV — Risk / Return Rank
PEBIX
SLV
PEBIX vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Bond Fund (PEBIX) and iShares Silver Trust (SLV). 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 | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.22 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 1.12 | +1.00 |
| Martin ratioReturn relative to average drawdown | 8.53 | 2.12 | +6.41 |
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Drawdowns
PEBIX vs. SLV - Drawdown Comparison
The maximum PEBIX drawdown since its inception was -35.49%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for PEBIX and SLV.
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Drawdown Indicators
| PEBIX | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.49% | -76.28% | +40.79% |
Max Drawdown (1Y)Largest decline over 1 year | -4.23% | -52.28% | +48.05% |
Max Drawdown (3Y)Largest decline over 3 years | -5.38% | -52.28% | +46.90% |
Max Drawdown (5Y)Largest decline over 5 years | -28.10% | -52.28% | +24.18% |
Max Drawdown (10Y)Largest decline over 10 years | -28.10% | -52.28% | +24.18% |
Current DrawdownCurrent decline from peak | -1.58% | -49.02% | +47.44% |
Average DrawdownAverage peak-to-trough decline | -4.67% | -44.68% | +40.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 27.67% | -26.62% |
Volatility
PEBIX vs. SLV - Volatility Comparison
The current volatility for PIMCO Emerging Markets Bond Fund (PEBIX) is 1.11%, while iShares Silver Trust (SLV) has a volatility of 11.01%. This indicates that PEBIX experiences smaller price fluctuations and is considered to be less risky than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PEBIX | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 11.01% | -9.90% |
Volatility (6M)Calculated over the trailing 6-month period | 3.89% | 44.25% | -40.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.68% | 61.39% | -56.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.39% | 37.00% | -30.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.36% | 32.22% | -25.86% |
PEBIX vs. SLV - Expense Ratio Comparison
PEBIX has a 0.83% expense ratio, which is higher than SLV's 0.50% expense ratio.
Dividends
PEBIX vs. SLV - Dividend Comparison
PEBIX's dividend yield for the trailing twelve months is around 5.97%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEBIX PIMCO Emerging Markets Bond Fund | 5.97% | 6.68% | 6.81% | 5.36% | 6.21% | 4.41% | 4.23% | 4.47% | 4.41% | 5.10% | 5.57% | 6.08% |
SLV iShares Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PEBIX and SLV have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLV has higher volatility (11.01%) compared to PEBIX (1.11%). In terms of maximum drawdown, PEBIX dropped -35.49% vs SLV's -76.28%.
PEBIX currently has the higher Sharpe Ratio (1.92 vs 0.96), 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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