PZRIX vs. VEA
Compare and contrast key facts about PIMCO RAE Global ex-US Fund (PZRIX) and Vanguard FTSE Developed Markets ETF (VEA).
PZRIX is managed by PIMCO. It was launched on Jun 4, 2015. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PZRIX or VEA.
Correlation
The correlation between PZRIX and VEA is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PZRIX vs. VEA - Performance Comparison
Key characteristics
PZRIX:
0.92
VEA:
1.05
PZRIX:
1.31
VEA:
1.50
PZRIX:
1.16
VEA:
1.19
PZRIX:
0.89
VEA:
1.38
PZRIX:
2.28
VEA:
3.25
PZRIX:
4.60%
VEA:
4.14%
PZRIX:
11.43%
VEA:
12.85%
PZRIX:
-45.00%
VEA:
-60.69%
PZRIX:
-4.69%
VEA:
-1.93%
Returns By Period
In the year-to-date period, PZRIX achieves a 5.80% return, which is significantly lower than VEA's 7.72% return.
PZRIX
5.80%
5.44%
1.20%
8.32%
4.25%
N/A
VEA
7.72%
6.05%
3.16%
10.74%
6.55%
5.69%
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PZRIX vs. VEA - Expense Ratio Comparison
PZRIX has a 0.00% expense ratio, which is lower than VEA's 0.05% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PZRIX vs. VEA — Risk-Adjusted Performance Rank
PZRIX
VEA
PZRIX vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE Global ex-US Fund (PZRIX) and Vanguard FTSE Developed Markets ETF (VEA). 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.
Dividends
PZRIX vs. VEA - Dividend Comparison
PZRIX's dividend yield for the trailing twelve months is around 5.09%, more than VEA's 3.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PZRIX PIMCO RAE Global ex-US Fund | 5.09% | 5.38% | 5.22% | 1.76% | 11.99% | 2.04% | 3.61% | 2.80% | 4.12% | 2.58% | 1.19% | 0.00% |
VEA Vanguard FTSE Developed Markets ETF | 3.12% | 3.36% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% |
Drawdowns
PZRIX vs. VEA - Drawdown Comparison
The maximum PZRIX drawdown since its inception was -45.00%, smaller than the maximum VEA drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for PZRIX and VEA. For additional features, visit the drawdowns tool.
Volatility
PZRIX vs. VEA - Volatility Comparison
The current volatility for PIMCO RAE Global ex-US Fund (PZRIX) is 3.11%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 3.53%. This indicates that PZRIX experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.