PEFIX vs. PSKIX

Last updated Jun 24, 2026

PEFIX (PIMCO RAE PLUS EMG Fund) and PSKIX (PIMCO StocksPLUS International Fund (Unhedged)) are both mutual funds - PEFIX is a Emerging Markets Diversified fund managed by PIMCO, while PSKIX is a Foreign Large Cap Equities fund managed by PIMCO. Over the past 10 years, PEFIX returned 12.51%/yr vs 9.63%/yr for PSKIX. A 0.65 correlation means they provide meaningful diversification when combined. PEFIX charges 1.10%/yr vs 0.65%/yr for PSKIX.

Performance

PEFIX vs. PSKIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO RAE PLUS EMG Fund (PEFIX) and PIMCO StocksPLUS International Fund (Unhedged) (PSKIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PEFIX achieves a 17.01% return, which is significantly higher than PSKIX's 9.74% return. Over the past 10 years, PEFIX has outperformed PSKIX with an annualized return of 12.51%, while PSKIX has yielded a comparatively lower 9.63% annualized return.

PEFIX

• 1D: -0.22%
• 1M: -0.49%
• YTD: 17.01%
• 6M: 16.17%
• 1Y: 37.47%
• 3Y*: 20.97%
• 5Y*: 9.31%
• 10Y*: 12.51%

PSKIX

• 1D: 0.00%
• 1M: 2.57%
• YTD: 9.74%
• 6M: 8.54%
• 1Y: 25.30%
• 3Y*: 16.09%
• 5Y*: 7.11%
• 10Y*: 9.63%

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

PEFIX vs. PSKIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PEFIX PIMCO RAE PLUS EMG Fund	17.01%	27.34%	7.08%	20.00%	-16.85%	20.69%	5.27%	14.80%	-13.51%	31.80%
PSKIX PIMCO StocksPLUS International Fund (Unhedged)	9.74%	29.49%	2.59%	17.88%	-18.66%	11.14%	8.77%	23.23%	-14.91%	27.10%

Correlation

The correlation between PEFIX and PSKIX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Nov 28, 2008	0.65

The correlation between PEFIX and PSKIX has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.

Return for Risk

PEFIX vs. PSKIX — Risk / Return Rank

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

PEFIX

PEFIX Risk / Return Rank: 71
PEFIX Sharpe Ratio Rank: 79
PEFIX Sortino Ratio Rank: 70
PEFIX Omega Ratio Rank: 72
PEFIX Calmar Ratio Rank: 72
PEFIX Martin Ratio Rank: 60

PSKIX

PSKIX Risk / Return Rank: 38
PSKIX Sharpe Ratio Rank: 40
PSKIX Sortino Ratio Rank: 44
PSKIX Omega Ratio Rank: 42
PSKIX Calmar Ratio Rank: 33
PSKIX Martin Ratio Rank: 32

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.

PEFIX vs. PSKIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE PLUS EMG Fund (PEFIX) and PIMCO StocksPLUS International Fund (Unhedged) (PSKIX). 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.

	PEFIX	PSKIX	Difference
Sharpe ratio: Return per unit of total volatility	2.40	1.70	+0.71
Sortino ratio: Return per unit of downside risk	3.17	2.57	+0.61
Omega ratio: Gain probability vs. loss probability	1.43	1.32	+0.11
Calmar ratio: Return relative to maximum drawdown	3.14	2.06	+1.08
Martin ratio: Return relative to average drawdown	11.22	6.85	+4.37

PEFIX vs. PSKIX - Sharpe Ratio Comparison

The current PEFIX Sharpe Ratio is 2.40, which is higher than the PSKIX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of PEFIX and PSKIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PEFIX vs. PSKIX - Drawdown Comparison

The maximum PEFIX drawdown since its inception was -51.44%, smaller than the maximum PSKIX drawdown of -64.91%. Use the drawdown chart below to compare losses from any high point for PEFIX and PSKIX.

Drawdown Indicators

	PEFIX	PSKIX	Difference
Max Drawdown Largest peak-to-trough decline	-51.44%	-64.91%	+13.47%
Max Drawdown (1Y) Largest decline over 1 year	-11.86%	-12.24%	+0.38%
Max Drawdown (3Y) Largest decline over 3 years	-20.78%	-16.98%	-3.80%
Max Drawdown (5Y) Largest decline over 5 years	-31.51%	-33.21%	+1.70%
Max Drawdown (10Y) Largest decline over 10 years	-51.44%	-38.59%	-12.85%
Current Drawdown Current decline from peak	-5.81%	-0.56%	-5.25%
Average Drawdown Average peak-to-trough decline	-11.91%	-10.85%	-1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	3.67%	-0.36%

Volatility

PEFIX vs. PSKIX - Volatility Comparison

PIMCO RAE PLUS EMG Fund (PEFIX) has a higher volatility of 6.53% compared to PIMCO StocksPLUS International Fund (Unhedged) (PSKIX) at 3.81%. This indicates that PEFIX's price experiences larger fluctuations and is considered to be riskier than PSKIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PEFIX	PSKIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.53%	3.81%	+2.72%
Volatility (6M) Calculated over the trailing 6-month period	13.40%	12.51%	+0.89%
Volatility (1Y) Calculated over the trailing 1-year period	15.52%	14.88%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.77%	15.95%	-0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	15.73%	+1.11%

PEFIX vs. PSKIX - Expense Ratio Comparison

PEFIX has a 1.10% expense ratio, which is higher than PSKIX's 0.65% expense ratio.

Dividends

PEFIX vs. PSKIX - Dividend Comparison

PEFIX's dividend yield for the trailing twelve months is around 7.85%, more than PSKIX's 3.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PEFIX PIMCO RAE PLUS EMG Fund	7.85%	3.73%	9.33%	2.11%	18.29%	46.03%	8.19%	0.38%	4.76%	7.08%	4.48%	0.00%
PSKIX PIMCO StocksPLUS International Fund (Unhedged)	3.52%	1.57%	6.23%	1.53%	43.17%	32.03%	0.58%	1.77%	17.85%	5.71%	0.00%	6.99%

Frequently Asked Questions

Can I hold both PEFIX and PSKIX in my portfolio?

PEFIX and PSKIX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PEFIX or PSKIX?

PEFIX has higher volatility (6.53%) compared to PSKIX (3.81%). In terms of maximum drawdown, PEFIX dropped -51.44% vs PSKIX's -64.91%.

Which has better risk-adjusted returns?

PEFIX currently has the higher Sharpe Ratio (2.40 vs 1.70), 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.