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.
Performance
PELBX vs. LEMB - Performance Comparison
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PELBX vs. LEMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PELBX PIMCO Emerging Markets Local Currency and Bond Fund | -3.89% | 22.96% | -0.75% | 15.11% | -7.36% | -8.13% | 2.16% | 17.23% | -7.49% | 15.44% |
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | -1.85% | 18.02% | -1.72% | 7.23% | -10.74% | -9.92% | 3.10% | 6.40% | -7.49% | 12.49% |
Returns By Period
In the year-to-date period, PELBX achieves a -3.89% return, which is significantly lower than LEMB's -1.85% return. Over the past 10 years, PELBX has outperformed LEMB with an annualized return of 3.96%, while LEMB has yielded a comparatively lower 1.00% annualized return.
PELBX
- 1D
- -0.33%
- 1M
- -7.33%
- YTD
- -3.89%
- 6M
- 0.17%
- 1Y
- 12.62%
- 3Y*
- 8.53%
- 5Y*
- 4.35%
- 10Y*
- 3.96%
LEMB
- 1D
- 0.94%
- 1M
- -5.03%
- YTD
- -1.85%
- 6M
- 1.44%
- 1Y
- 11.60%
- 3Y*
- 5.53%
- 5Y*
- 0.81%
- 10Y*
- 1.00%
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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.
Return for Risk
PELBX vs. LEMB — Risk / Return Rank
PELBX
LEMB
PELBX vs. LEMB - Risk-Adjusted Trends 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.
| PELBX | LEMB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.07 | 1.70 | +0.37 |
Sortino ratioReturn per unit of downside risk | 2.84 | 2.29 | +0.55 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.33 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.99 | -0.20 |
Martin ratioReturn relative to average drawdown | 8.32 | 8.51 | -0.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PELBX | LEMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | 1.70 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.10 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.11 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.02 | +0.33 |
Correlation
The correlation between PELBX and LEMB is 0.78, 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.
Dividends
PELBX vs. LEMB - Dividend Comparison
PELBX's dividend yield for the trailing twelve months is around 6.62%, more than LEMB's 2.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PELBX PIMCO Emerging Markets Local Currency and Bond Fund | 6.62% | 6.71% | 7.08% | 4.81% | 3.24% | 4.87% | 4.87% | 6.14% | 6.88% | 5.84% | 5.69% | 5.51% |
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 2.49% | 2.44% | 0.00% | 1.34% | 0.86% | 3.89% | 0.00% | 4.39% | 3.46% | 0.00% | 0.00% | 0.64% |
Drawdowns
PELBX vs. LEMB - Drawdown Comparison
The maximum PELBX drawdown since its inception was -36.17%, which is greater than LEMB's maximum drawdown of -30.82%. Use the drawdown chart below to compare losses from any high point for PELBX and LEMB.
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Drawdown Indicators
| PELBX | LEMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.17% | -30.82% | -5.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -6.00% | -1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | -25.29% | +2.28% |
Max Drawdown (10Y)Largest decline over 10 years | -24.89% | -29.09% | +4.20% |
Current DrawdownCurrent decline from peak | -7.33% | -7.73% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -12.83% | +1.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 1.40% | +0.17% |
Volatility
PELBX vs. LEMB - Volatility Comparison
PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) and iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) have volatilities of 3.45% and 3.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PELBX | LEMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.56% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 4.85% | 4.71% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.60% | 6.85% | -0.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.92% | 8.19% | -0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.94% | 9.33% | -0.39% |