PELBX vs. LEMB
Compare and contrast key facts about PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) and iShares J.P. Morgan EM Local Currency Bond ETF (LEMB).
PELBX is managed by PIMCO. It was launched on Dec 28, 2006. LEMB is a passively managed fund by iShares that tracks the performance of the J.P. Morgan GBI-EM Global 15 cap 4.5 floor. It was launched on Oct 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PELBX or LEMB.
Correlation
The correlation between PELBX and LEMB 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
PELBX vs. LEMB - Performance Comparison
Key characteristics
PELBX:
1.40
LEMB:
1.19
PELBX:
2.19
LEMB:
1.78
PELBX:
1.24
LEMB:
1.22
PELBX:
1.17
LEMB:
0.45
PELBX:
2.99
LEMB:
2.57
PELBX:
3.34%
LEMB:
3.36%
PELBX:
7.13%
LEMB:
7.28%
PELBX:
-35.88%
LEMB:
-28.42%
PELBX:
-0.79%
LEMB:
-12.81%
Returns By Period
The year-to-date returns for both stocks are quite close, with PELBX having a 6.03% return and LEMB slightly lower at 5.76%. Over the past 10 years, PELBX has outperformed LEMB with an annualized return of 2.48%, while LEMB has yielded a comparatively lower 0.08% annualized return.
PELBX
6.03%
0.79%
2.93%
9.39%
5.31%
2.48%
LEMB
5.76%
1.44%
1.98%
7.89%
1.49%
0.08%
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PELBX vs. LEMB - Expense Ratio Comparison
PELBX has a 1.22% expense ratio, which is higher than LEMB's 0.30% expense ratio.
Risk-Adjusted Performance
PELBX vs. LEMB — Risk-Adjusted Performance Rank
PELBX
LEMB
PELBX vs. LEMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) and iShares J.P. Morgan EM Local Currency Bond ETF (LEMB). 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
PELBX vs. LEMB - Dividend Comparison
PELBX's dividend yield for the trailing twelve months is around 7.16%, while LEMB has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PELBX PIMCO Emerging Markets Local Currency and Bond Fund | 7.16% | 7.08% | 5.25% | 4.25% | 5.32% | 4.86% | 6.14% | 6.89% | 5.85% | 5.68% | 5.53% | 5.56% |
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 0.00% | 0.00% | 1.34% | 0.86% | 3.89% | 0.00% | 4.39% | 6.91% | 0.00% | 0.00% | 0.64% | 2.85% |
Drawdowns
PELBX vs. LEMB - Drawdown Comparison
The maximum PELBX drawdown since its inception was -35.88%, which is greater than LEMB's maximum drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for PELBX and LEMB. For additional features, visit the drawdowns tool.
Volatility
PELBX vs. LEMB - Volatility Comparison
The current volatility for PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) is 2.91%, while iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) has a volatility of 3.32%. This indicates that PELBX experiences smaller price fluctuations and is considered to be less risky than LEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.