PELBX vs. PFORX
Compare and contrast key facts about PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) and PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX).
PELBX is managed by PIMCO. It was launched on Dec 28, 2006. PFORX is managed by PIMCO. It was launched on Dec 1, 1992.
Performance
PELBX vs. PFORX - Performance Comparison
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PELBX vs. PFORX - 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% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | -2.23% | 4.33% | 5.70% | 9.52% | -10.33% | -1.67% | 6.17% | 7.64% | 2.64% | 3.52% |
Returns By Period
In the year-to-date period, PELBX achieves a -3.89% return, which is significantly lower than PFORX's -2.23% return. Over the past 10 years, PELBX has outperformed PFORX with an annualized return of 3.96%, while PFORX has yielded a comparatively lower 2.77% 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%
PFORX
- 1D
- 0.31%
- 1M
- -3.69%
- YTD
- -2.23%
- 6M
- -1.20%
- 1Y
- 1.73%
- 3Y*
- 4.71%
- 5Y*
- 1.08%
- 10Y*
- 2.77%
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PELBX vs. PFORX - Expense Ratio Comparison
PELBX has a 1.22% expense ratio, which is higher than PFORX's 0.50% expense ratio.
Return for Risk
PELBX vs. PFORX — Risk / Return Rank
PELBX
PFORX
PELBX vs. PFORX - 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 PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX). 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 | PFORX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.07 | 0.64 | +1.43 |
Sortino ratioReturn per unit of downside risk | 2.84 | 0.89 | +1.95 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.12 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 0.61 | +1.18 |
Martin ratioReturn relative to average drawdown | 8.32 | 2.82 | +5.51 |
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 | PFORX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | 0.64 | +1.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.31 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.90 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 1.25 | -0.89 |
Correlation
The correlation between PELBX and PFORX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PELBX vs. PFORX - Dividend Comparison
PELBX's dividend yield for the trailing twelve months is around 6.62%, more than PFORX's 3.88% 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% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | 3.88% | 4.23% | 4.91% | 3.02% | 3.65% | 1.55% | 2.46% | 6.86% | 2.90% | 1.46% | 1.38% | 9.12% |
Drawdowns
PELBX vs. PFORX - Drawdown Comparison
The maximum PELBX drawdown since its inception was -36.17%, which is greater than PFORX's maximum drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for PELBX and PFORX.
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Drawdown Indicators
| PELBX | PFORX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.17% | -13.87% | -22.30% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -3.99% | -3.34% |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | -13.71% | -9.30% |
Max Drawdown (10Y)Largest decline over 10 years | -24.89% | -13.87% | -11.02% |
Current DrawdownCurrent decline from peak | -7.33% | -3.69% | -3.64% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -1.95% | -9.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 0.87% | +0.70% |
Volatility
PELBX vs. PFORX - Volatility Comparison
PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) has a higher volatility of 3.45% compared to PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX) at 1.93%. This indicates that PELBX's price experiences larger fluctuations and is considered to be riskier than PFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PELBX | PFORX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 1.93% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 4.85% | 2.53% | +2.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.60% | 3.38% | +3.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.92% | 3.46% | +4.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.94% | 3.08% | +5.86% |