PGEIX vs. PDEZX
PGEIX (Polen Global Emerging Markets Growth Fund) and PDEZX (PGIM Jennison Emerging Markets Equity Opportunities Fund) are both Emerging Markets Diversified funds. Over the past year, PGEIX returned 3.18% vs 36.89% for PDEZX. A 0.77 correlation means they provide meaningful diversification when combined. PGEIX charges 1.25%/yr vs 1.05%/yr for PDEZX.
Performance
PGEIX vs. PDEZX - Performance Comparison
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Returns By Period
In the year-to-date period, PGEIX achieves a -2.41% return, which is significantly lower than PDEZX's 27.81% return.
PGEIX
- 1D
- -6.71%
- 1M
- -0.61%
- YTD
- -2.41%
- 6M
- -1.32%
- 1Y
- 3.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PDEZX
- 1D
- -6.85%
- 1M
- -0.08%
- YTD
- 27.81%
- 6M
- 28.79%
- 1Y
- 36.89%
- 3Y*
- 25.15%
- 5Y*
- 0.38%
- 10Y*
- 11.82%
PGEIX vs. PDEZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PGEIX Polen Global Emerging Markets Growth Fund | -2.41% | 16.07% |
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund | 27.81% | 18.12% |
Correlation
The correlation between PGEIX and PDEZX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025 | 0.77 |
The correlation between PGEIX and PDEZX has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.
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Return for Risk
PGEIX vs. PDEZX — Risk / Return Rank
PGEIX
PDEZX
PGEIX vs. PDEZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polen Global Emerging Markets Growth Fund (PGEIX) and PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX). 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 | PDEZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.29 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 2.92 | -2.71 |
| Martin ratioReturn relative to average drawdown | 0.65 | 9.46 | -8.81 |
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Drawdowns
PGEIX vs. PDEZX - Drawdown Comparison
The maximum PGEIX drawdown since its inception was -30.91%, smaller than the maximum PDEZX drawdown of -54.95%. Use the drawdown chart below to compare losses from any high point for PGEIX and PDEZX.
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Drawdown Indicators
| PGEIX | PDEZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.91% | -54.95% | +24.04% |
Max Drawdown (1Y)Largest decline over 1 year | -30.91% | -13.94% | -16.97% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.92% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -52.88% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -54.95% | — |
Current DrawdownCurrent decline from peak | -27.17% | -6.85% | -20.32% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -20.15% | +14.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.43% | 4.29% | +5.14% |
Volatility
PGEIX vs. PDEZX - Volatility Comparison
Polen Global Emerging Markets Growth Fund (PGEIX) has a higher volatility of 15.99% compared to PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) at 14.55%. This indicates that PGEIX's price experiences larger fluctuations and is considered to be riskier than PDEZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGEIX | PDEZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.99% | 14.55% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 35.34% | 24.03% | +11.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.05% | 26.93% | +10.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.12% | 24.27% | +10.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.12% | 22.61% | +12.51% |
PGEIX vs. PDEZX - Expense Ratio Comparison
PGEIX has a 1.25% expense ratio, which is higher than PDEZX's 1.05% expense ratio.
Dividends
PGEIX vs. PDEZX - Dividend Comparison
PGEIX has not paid dividends to shareholders, while PDEZX's dividend yield for the trailing twelve months is around 1.73%.
| Position | TTM | 2025 |
|---|---|---|
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund | 1.73% | 2.21% |
PGEIX Polen Global Emerging Markets Growth Fund | 0.00% | 0.00% |
Frequently Asked Questions
PGEIX and PDEZX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGEIX has higher volatility (15.99%) compared to PDEZX (14.55%). In terms of maximum drawdown, PGEIX dropped -30.91% vs PDEZX's -54.95%.
PDEZX currently has the higher Sharpe Ratio (1.51 vs 0.17), 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.
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