PZVEX vs. PZVIX
Compare and contrast key facts about Pzena Emerging Markets Value Fund (PZVEX) and Pzena International Small Cap Value Fund (PZVIX).
PZVEX is managed by Pzena. It was launched on Mar 30, 2014. PZVIX is managed by Pzena. It was launched on Jul 1, 2018.
Performance
PZVEX vs. PZVIX - Performance Comparison
Loading graphics...
PZVEX vs. PZVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PZVEX Pzena Emerging Markets Value Fund | 4.46% | 35.06% | 4.11% | 20.32% | -6.03% | 6.41% | 8.01% | 13.17% | -3.82% |
PZVIX Pzena International Small Cap Value Fund | -5.16% | 29.00% | 5.02% | 22.39% | -1.11% | 16.67% | -2.21% | 10.94% | -15.13% |
Returns By Period
In the year-to-date period, PZVEX achieves a 4.46% return, which is significantly higher than PZVIX's -5.16% return.
PZVEX
- 1D
- -0.06%
- 1M
- -10.85%
- YTD
- 4.46%
- 6M
- 10.67%
- 1Y
- 32.45%
- 3Y*
- 18.40%
- 5Y*
- 9.74%
- 10Y*
- 11.07%
PZVIX
- 1D
- 1.20%
- 1M
- -10.59%
- YTD
- -5.16%
- 6M
- -1.85%
- 1Y
- 18.76%
- 3Y*
- 12.28%
- 5Y*
- 9.51%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PZVEX vs. PZVIX - Expense Ratio Comparison
PZVEX has a 1.43% expense ratio, which is lower than PZVIX's 1.45% expense ratio.
Return for Risk
PZVEX vs. PZVIX — Risk / Return Rank
PZVEX
PZVIX
PZVEX vs. PZVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pzena Emerging Markets Value Fund (PZVEX) and Pzena International Small Cap Value Fund (PZVIX). 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.
| PZVEX | PZVIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.13 | 1.19 | +0.94 |
Sortino ratioReturn per unit of downside risk | 2.59 | 1.64 | +0.95 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.24 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.45 | 1.16 | +1.28 |
Martin ratioReturn relative to average drawdown | 9.34 | 4.06 | +5.28 |
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 graphics...
Sharpe Ratios by Period
| PZVEX | PZVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 1.19 | +0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.61 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.37 | +0.18 |
Correlation
The correlation between PZVEX and PZVIX is 0.65, 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
PZVEX vs. PZVIX - Dividend Comparison
PZVEX's dividend yield for the trailing twelve months is around 4.38%, more than PZVIX's 2.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PZVEX Pzena Emerging Markets Value Fund | 4.38% | 4.58% | 7.03% | 5.49% | 1.80% | 2.46% | 1.08% | 6.07% | 0.97% | 1.24% | 0.71% | 1.90% |
PZVIX Pzena International Small Cap Value Fund | 2.76% | 2.62% | 10.86% | 4.15% | 4.57% | 0.83% | 1.11% | 2.01% | 2.03% | 0.00% | 0.00% | 0.00% |
Drawdowns
PZVEX vs. PZVIX - Drawdown Comparison
The maximum PZVEX drawdown since its inception was -45.00%, smaller than the maximum PZVIX drawdown of -56.15%. Use the drawdown chart below to compare losses from any high point for PZVEX and PZVIX.
Loading graphics...
Drawdown Indicators
| PZVEX | PZVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.00% | -56.15% | +11.15% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -14.59% | +1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -25.73% | -26.33% | +0.60% |
Max Drawdown (10Y)Largest decline over 10 years | -45.00% | — | — |
Current DrawdownCurrent decline from peak | -12.80% | -13.22% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -9.85% | -10.11% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 4.18% | -0.83% |
Volatility
PZVEX vs. PZVIX - Volatility Comparison
Pzena Emerging Markets Value Fund (PZVEX) has a higher volatility of 7.68% compared to Pzena International Small Cap Value Fund (PZVIX) at 6.30%. This indicates that PZVEX's price experiences larger fluctuations and is considered to be riskier than PZVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PZVEX | PZVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.68% | 6.30% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 9.96% | +1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.48% | 16.44% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 15.54% | -1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.28% | 18.43% | -3.15% |