PGEIX vs. EFEIX
PGEIX (Polen Global Emerging Markets Growth Fund) and EFEIX (Ashmore Emerging Markets Frontier Equity Fund) are both Emerging Markets Diversified funds. Over the past year, PGEIX returned -1.66% vs 10.07% for EFEIX. At a 0.40 correlation, their price movements are largely independent. PGEIX charges 1.25%/yr vs 1.52%/yr for EFEIX.
Performance
PGEIX vs. EFEIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PGEIX achieves a -5.22% return, which is significantly lower than EFEIX's 3.19% return.
PGEIX
- 1D
- 0.32%
- 1M
- -5.41%
- 6M
- -9.13%
- YTD
- -5.22%
- 1Y
- -1.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EFEIX
- 1D
- 0.00%
- 1M
- -1.33%
- 6M
- 0.59%
- YTD
- 3.19%
- 1Y
- 10.07%
- 3Y*
- 15.67%
- 5Y*
- 9.17%
- 10Y*
- 6.86%
PGEIX vs. EFEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PGEIX Polen Global Emerging Markets Growth Fund | -5.22% | 16.07% |
EFEIX Ashmore Emerging Markets Frontier Equity Fund | 3.19% | 18.51% |
Correlation
The correlation between PGEIX and EFEIX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025 | 0.40 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PGEIX vs. EFEIX — Risk / Return Rank
PGEIX
EFEIX
PGEIX vs. EFEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polen Global Emerging Markets Growth Fund (PGEIX) and Ashmore Emerging Markets Frontier Equity Fund (EFEIX). 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.
| PGEIX | EFEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.17 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 0.93 | -0.97 |
| Martin ratioReturn relative to average drawdown | -0.11 | 2.59 | -2.70 |
Loading charts...
Drawdowns
PGEIX vs. EFEIX - Drawdown Comparison
The maximum PGEIX drawdown since its inception was -30.91%, smaller than the maximum EFEIX drawdown of -40.50%. Use the drawdown chart below to compare losses from any high point for PGEIX and EFEIX.
Loading charts...
Drawdown Indicators
| PGEIX | EFEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.91% | -40.50% | +9.59% |
Max Drawdown (1Y)Largest decline over 1 year | -30.91% | -11.62% | -19.29% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.83% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.50% | — |
Current DrawdownCurrent decline from peak | -29.27% | -4.18% | -25.09% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -12.21% | +5.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.55% | 4.15% | +7.40% |
Volatility
PGEIX vs. EFEIX - Volatility Comparison
Polen Global Emerging Markets Growth Fund (PGEIX) has a higher volatility of 12.61% compared to Ashmore Emerging Markets Frontier Equity Fund (EFEIX) at 3.18%. This indicates that PGEIX's price experiences larger fluctuations and is considered to be riskier than EFEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PGEIX | EFEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.61% | 3.18% | +9.43% |
Volatility (6M)Calculated over the trailing 6-month period | 36.20% | 10.48% | +25.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.87% | 12.18% | +25.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.16% | 10.08% | +25.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.16% | 11.00% | +24.16% |
PGEIX vs. EFEIX - Expense Ratio Comparison
PGEIX has a 1.25% expense ratio, which is lower than EFEIX's 1.52% expense ratio.
Dividends
PGEIX vs. EFEIX - Dividend Comparison
PGEIX has not paid dividends to shareholders, while EFEIX's dividend yield for the trailing twelve months is around 10.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EFEIX Ashmore Emerging Markets Frontier Equity Fund | 10.63% | 11.69% | 2.15% | 2.26% | 0.17% | 1.61% | 0.96% | 1.63% | 1.44% | 0.88% | 0.38% |
PGEIX Polen Global Emerging Markets Growth Fund | 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
PGEIX and EFEIX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGEIX has higher volatility (12.61%) compared to EFEIX (3.18%). In terms of maximum drawdown, PGEIX dropped -30.91% vs EFEIX's -40.50%.
EFEIX currently has the higher Sharpe Ratio (0.88 vs -0.04), 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.
Find the right allocation for PGEIX and EFEIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer