PGEIX vs. LZEMX

Last updated Apr 2, 2026

Compare and contrast key facts about Polen Global Emerging Markets Growth Fund (PGEIX) and Lazard Emerging Markets Equity Portfolio (LZEMX).

PGEIX is managed by Polen Capital. It was launched on Oct 15, 2020. LZEMX is managed by Lazard. It was launched on Jul 14, 1994.

Performance

PGEIX vs. LZEMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen Global Emerging Markets Growth Fund (PGEIX) and Lazard Emerging Markets Equity Portfolio (LZEMX). The values are adjusted to include any dividend payments, if applicable.

PGEIX vs. LZEMX - Yearly Performance Comparison

	2026 (YTD)	2025
PGEIX Polen Global Emerging Markets Growth Fund	0.00%	16.07%
LZEMX Lazard Emerging Markets Equity Portfolio	6.61%	30.83%

Returns By Period

PGEIX

• 1D: 2.78%
• 1M: -8.95%
• YTD: 0.00%
• 6M: -2.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LZEMX

• 1D: 1.54%
• 1M: -7.29%
• YTD: 6.61%
• 6M: 16.90%
• 1Y: 40.50%
• 3Y*: 22.54%
• 5Y*: 11.01%
• 10Y*: 9.39%

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

PGEIX vs. LZEMX - Expense Ratio Comparison

PGEIX has a 1.25% expense ratio, which is higher than LZEMX's 1.06% expense ratio.

PGEIX

Polen Global Emerging Markets Growth Fund

LZEMX

Lazard Emerging Markets Equity Portfolio

Return for Risk

PGEIX vs. LZEMX — Risk / Return Rank

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

LZEMX

LZEMX Risk / Return Rank: 97
LZEMX Sharpe Ratio Rank: 98
LZEMX Sortino Ratio Rank: 97
LZEMX Omega Ratio Rank: 96
LZEMX Calmar Ratio Rank: 97
LZEMX Martin Ratio Rank: 96

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.

PGEIX vs. LZEMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen Global Emerging Markets Growth Fund (PGEIX) and Lazard Emerging Markets Equity Portfolio (LZEMX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PGEIX	LZEMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.95	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	0.39	+0.72

Correlation

The correlation between PGEIX and LZEMX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PGEIX vs. LZEMX - Dividend Comparison

PGEIX has not paid dividends to shareholders, while LZEMX's dividend yield for the trailing twelve months is around 1.92%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
LZEMX Lazard Emerging Markets Equity Portfolio	1.92%	2.05%	3.11%	3.76%	5.92%	4.89%	2.11%	2.45%	2.10%	1.99%	1.48%	2.14%

Drawdowns

PGEIX vs. LZEMX - Drawdown Comparison

The maximum PGEIX drawdown since its inception was -13.24%, smaller than the maximum LZEMX drawdown of -60.08%. Use the drawdown chart below to compare losses from any high point for PGEIX and LZEMX.

Drawdown Indicators

	PGEIX	LZEMX	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-60.08%	+46.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.08%	—
Current Drawdown Current decline from peak	-10.82%	-9.04%	-1.78%
Average Drawdown Average peak-to-trough decline	-2.79%	-16.71%	+13.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.89%	—

Volatility

Volatility by Period

	PGEIX	LZEMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.77%	14.30%	+4.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.77%	14.11%	+4.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.77%	16.34%	+2.43%