PZRIX vs. SISEX

Last updated Aug 1, 2026

PZRIX (PIMCO RAE Global ex-US Fund) and SISEX (Shelton International Select Equity Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, PZRIX returned 11.46%/yr vs 7.54%/yr for SISEX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. PZRIX charges 0.00%/yr vs 0.99%/yr for SISEX.

Performance

PZRIX vs. SISEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO RAE Global ex-US Fund (PZRIX) and Shelton International Select Equity Fund (SISEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PZRIX achieves a 16.22% return, which is significantly higher than SISEX's 13.85% return.

PZRIX

• 1D: 1.39%
• 1M: 5.47%
• 6M: 7.55%
• YTD: 16.22%
• 1Y: 32.46%
• 3Y*: 18.36%
• 5Y*: 11.46%
• 10Y*: 10.15%
• ALL TIME*: 10.41%

SISEX

• 1D: 1.73%
• 1M: -0.47%
• 6M: 9.77%
• YTD: 13.85%
• 1Y: 25.57%
• 3Y*: 15.48%
• 5Y*: 7.54%
• 10Y*: —
• ALL TIME*: 10.26%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PZRIX PIMCO RAE Global ex-US Fund	$0.00	$0.00	$0.00
SISEX Shelton International Select Equity Fund	$0.00	$0.00	$0.00

PZRIX vs. SISEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PZRIX PIMCO RAE Global ex-US Fund	16.22%	34.05%	3.29%	19.31%	-9.11%	12.08%	1.74%	15.94%	-14.93%	26.00%
SISEX Shelton International Select Equity Fund	13.85%	30.66%	3.67%	13.97%	-19.29%	6.23%	18.07%	22.53%	-13.16%	34.49%

Correlation

The correlation between PZRIX and SISEX is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.77
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.79

The correlation between PZRIX and SISEX shifts across timeframes, from 0.64 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PZRIX vs. SISEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PZRIX

PZRIX Risk / Return Rank: 92
PZRIX Sharpe Ratio Rank: 96
PZRIX Sortino Ratio Rank: 92
PZRIX Omega Ratio Rank: 89
PZRIX Calmar Ratio Rank: 94
PZRIX Martin Ratio Rank: 89

SISEX

SISEX Risk / Return Rank: 61
SISEX Sharpe Ratio Rank: 67
SISEX Sortino Ratio Rank: 66
SISEX Omega Ratio Rank: 64
SISEX Calmar Ratio Rank: 57
SISEX Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PZRIX vs. SISEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE Global ex-US Fund (PZRIX) and Shelton International Select Equity Fund (SISEX). 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.

	PZRIX	SISEX	Difference
Sharpe ratio: Return per unit of total volatility	2.66	1.61	+1.05
Sortino ratio: Return per unit of downside risk	3.62	2.31	+1.31
Omega ratio: Gain probability vs. loss probability	1.48	1.29	+0.19
Calmar ratio: Return relative to maximum drawdown	3.88	2.03	+1.86
Martin ratio: Return relative to average drawdown	11.77	7.28	+4.49

PZRIX vs. SISEX - Sharpe Ratio Comparison

The current PZRIX Sharpe Ratio is 2.66, which is higher than the SISEX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of PZRIX and SISEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PZRIX vs. SISEX - Drawdown Comparison

The maximum PZRIX drawdown since its inception was -43.53%, which is greater than SISEX's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for PZRIX and SISEX.

Drawdown Indicators

	PZRIX	SISEX	Difference
Max Drawdown Largest peak-to-trough decline	-43.53%	-32.68%	-10.85%
Max Drawdown (1Y) Largest decline over 1 year	-8.18%	-11.94%	+3.76%
Max Drawdown (3Y) Largest decline over 3 years	-13.81%	-14.30%	+0.49%
Max Drawdown (5Y) Largest decline over 5 years	-30.85%	-32.68%	+1.83%
Max Drawdown (10Y) Largest decline over 10 years	-43.53%	—	—
Current Drawdown Current decline from peak	0.00%	-1.51%	+1.51%
Average Drawdown Average peak-to-trough decline	-8.80%	-7.41%	-1.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	3.32%	-0.63%

Volatility

PZRIX vs. SISEX - Volatility Comparison

The current volatility for PIMCO RAE Global ex-US Fund (PZRIX) is 3.43%, while Shelton International Select Equity Fund (SISEX) has a volatility of 4.08%. This indicates that PZRIX experiences smaller price fluctuations and is considered to be less risky than SISEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PZRIX	SISEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	4.08%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	9.65%	12.55%	-2.90%
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	15.00%	-3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.73%	15.40%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	15.44%	+1.20%

PZRIX vs. SISEX - Expense Ratio Comparison

PZRIX has a 0.00% expense ratio, which is lower than SISEX's 0.99% expense ratio.

Dividends

PZRIX vs. SISEX - Dividend Comparison

PZRIX's dividend yield for the trailing twelve months is around 5.64%, more than SISEX's 1.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PZRIX PIMCO RAE Global ex-US Fund	5.64%	6.56%	6.70%	9.19%	8.80%	11.99%	2.04%	6.32%	2.80%	4.13%	2.58%
SISEX Shelton International Select Equity Fund	1.56%	1.77%	3.73%	1.83%	5.50%	0.65%	0.80%	2.09%	1.13%	1.88%	0.00%

Frequently Asked Questions

Can I hold both PZRIX and SISEX in my portfolio?

PZRIX and SISEX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PZRIX or SISEX?

SISEX has higher volatility (4.08%) compared to PZRIX (3.43%). In terms of maximum drawdown, PZRIX dropped -43.53% vs SISEX's -32.68%.

Which has better risk-adjusted returns?

PZRIX currently has the higher Sharpe Ratio (2.66 vs 1.61), 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.