PLMIX vs. SEDAX
PLMIX (PIMCO Emerging Markets Currency and Short-Term Investments Fund) and SEDAX (SEI Institutional Investments Trust Emerging Markets Debt Fund) are both Emerging Markets Bonds funds. Over the past 10 years, PLMIX returned 3.85%/yr vs 4.30%/yr for SEDAX. A 0.60 correlation means they provide meaningful diversification when combined. PLMIX charges 0.85%/yr vs 0.41%/yr for SEDAX.
Performance
PLMIX vs. SEDAX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with PLMIX having a 3.75% return and SEDAX slightly lower at 3.71%. Over the past 10 years, PLMIX has underperformed SEDAX with an annualized return of 3.85%, while SEDAX has yielded a comparatively higher 4.30% annualized return.
PLMIX
- 1D
- 0.26%
- 1M
- -0.52%
- YTD
- 3.75%
- 6M
- 5.44%
- 1Y
- 11.00%
- 3Y*
- 8.50%
- 5Y*
- 4.30%
- 10Y*
- 3.85%
SEDAX
- 1D
- 0.00%
- 1M
- -0.00%
- YTD
- 3.71%
- 6M
- 4.54%
- 1Y
- 15.90%
- 3Y*
- 11.46%
- 5Y*
- 3.50%
- 10Y*
- 4.30%
PLMIX vs. SEDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLMIX PIMCO Emerging Markets Currency and Short-Term Investments Fund | 3.75% | 17.29% | 0.57% | 9.01% | -4.12% | -2.76% | 2.28% | 6.21% | -4.43% | 12.89% |
SEDAX SEI Institutional Investments Trust Emerging Markets Debt Fund | 3.71% | 20.33% | 3.13% | 12.86% | -14.53% | -4.93% | 4.68% | 15.55% | -8.11% | 15.32% |
Correlation
The correlation between PLMIX and SEDAX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006 | 0.60 |
The correlation between PLMIX and SEDAX shifts across timeframes, from 0.60 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.
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
PLMIX vs. SEDAX — Risk / Return Rank
PLMIX
SEDAX
PLMIX vs. SEDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Currency and Short-Term Investments Fund (PLMIX) and SEI Institutional Investments Trust Emerging Markets Debt Fund (SEDAX). 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.
| PLMIX | SEDAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.62 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 2.93 | -0.51 |
| Martin ratioReturn relative to average drawdown | 9.18 | 11.84 | -2.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PLMIX | SEDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 2.84 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.50 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.51 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.42 | +0.04 |
Drawdowns
PLMIX vs. SEDAX - Drawdown Comparison
The maximum PLMIX drawdown since its inception was -28.76%, smaller than the maximum SEDAX drawdown of -37.03%. Use the drawdown chart below to compare losses from any high point for PLMIX and SEDAX.
Loading charts...
Drawdown Indicators
| PLMIX | SEDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.76% | -37.03% | +8.27% |
Max Drawdown (1Y)Largest decline over 1 year | -4.70% | -5.49% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -4.70% | -9.44% | +4.74% |
Max Drawdown (5Y)Largest decline over 5 years | -14.97% | -27.01% | +12.04% |
Max Drawdown (10Y)Largest decline over 10 years | -17.50% | -27.25% | +9.75% |
Current DrawdownCurrent decline from peak | -0.64% | -0.63% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -5.72% | -6.79% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 1.36% | -0.12% |
Volatility
PLMIX vs. SEDAX - Volatility Comparison
PIMCO Emerging Markets Currency and Short-Term Investments Fund (PLMIX) and SEI Institutional Investments Trust Emerging Markets Debt Fund (SEDAX) have volatilities of 1.89% and 1.93%, 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.
Loading charts...
Volatility by Period
| PLMIX | SEDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 1.93% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 4.73% | 5.00% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.74% | 5.69% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.01% | 7.02% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.32% | 8.43% | -2.11% |
PLMIX vs. SEDAX - Expense Ratio Comparison
PLMIX has a 0.85% expense ratio, which is higher than SEDAX's 0.41% expense ratio.
Dividends
PLMIX vs. SEDAX - Dividend Comparison
PLMIX's dividend yield for the trailing twelve months is around 8.42%, less than SEDAX's 8.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLMIX PIMCO Emerging Markets Currency and Short-Term Investments Fund | 8.42% | 7.44% | 7.08% | 6.40% | 1.97% | 1.47% | 1.63% | 4.10% | 12.65% | 2.82% | 2.88% | 2.75% |
SEDAX SEI Institutional Investments Trust Emerging Markets Debt Fund | 8.69% | 7.30% | 7.24% | 4.65% | 2.08% | 4.69% | 1.52% | 3.75% | 3.17% | 4.70% | 3.59% | 1.00% |
Frequently Asked Questions
PLMIX and SEDAX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SEDAX has higher volatility (1.93%) compared to PLMIX (1.89%). In terms of maximum drawdown, PLMIX dropped -28.76% vs SEDAX's -37.03%.
SEDAX currently has the higher Sharpe Ratio (2.84 vs 1.99), 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 PLMIX and SEDAX
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