TGEIX vs. AGEYX
Compare and contrast key facts about TCW Emerging Markets Income Fund (TGEIX) and American Beacon Developing World Income Fund Class Y (AGEYX).
TGEIX is managed by TCW. It was launched on May 28, 1998. AGEYX is a passively managed fund by American Beacon that tracks the performance of the JPMorgan® EMBI Global Diversified Index. It was launched on Feb 25, 2014.
Performance
TGEIX vs. AGEYX - Performance Comparison
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TGEIX vs. AGEYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGEIX TCW Emerging Markets Income Fund | -1.32% | 14.59% | 7.33% | 12.10% | -17.54% | -5.07% | 5.13% | 15.86% | -6.16% | 11.40% |
AGEYX American Beacon Developing World Income Fund Class Y | 1.59% | 19.15% | 15.85% | 13.10% | -12.62% | 6.91% | 2.54% | 13.49% | -3.42% | 15.26% |
Returns By Period
In the year-to-date period, TGEIX achieves a -1.32% return, which is significantly lower than AGEYX's 1.59% return. Over the past 10 years, TGEIX has underperformed AGEYX with an annualized return of 3.99%, while AGEYX has yielded a comparatively higher 7.77% annualized return.
TGEIX
- 1D
- -0.44%
- 1M
- -4.10%
- YTD
- -1.32%
- 6M
- 1.49%
- 1Y
- 10.54%
- 3Y*
- 10.06%
- 5Y*
- 2.30%
- 10Y*
- 3.99%
AGEYX
- 1D
- -0.53%
- 1M
- -3.02%
- YTD
- 1.59%
- 6M
- 7.64%
- 1Y
- 18.64%
- 3Y*
- 16.31%
- 5Y*
- 8.13%
- 10Y*
- 7.77%
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TGEIX vs. AGEYX - Expense Ratio Comparison
TGEIX has a 0.85% expense ratio, which is lower than AGEYX's 1.14% expense ratio.
Return for Risk
TGEIX vs. AGEYX — Risk / Return Rank
TGEIX
AGEYX
TGEIX vs. AGEYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Emerging Markets Income Fund (TGEIX) and American Beacon Developing World Income Fund Class Y (AGEYX). 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.
| TGEIX | AGEYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.11 | 3.96 | -1.85 |
Sortino ratioReturn per unit of downside risk | 3.01 | 5.44 | -2.43 |
Omega ratioGain probability vs. loss probability | 1.46 | 2.04 | -0.57 |
Calmar ratioReturn relative to maximum drawdown | 2.29 | 4.15 | -1.86 |
Martin ratioReturn relative to average drawdown | 9.70 | 21.19 | -11.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TGEIX | AGEYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 3.96 | -1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 1.60 | -1.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 1.56 | -1.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.31 | -0.79 |
Correlation
The correlation between TGEIX and AGEYX is 0.67, 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
TGEIX vs. AGEYX - Dividend Comparison
TGEIX's dividend yield for the trailing twelve months is around 5.84%, less than AGEYX's 9.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGEIX TCW Emerging Markets Income Fund | 5.84% | 6.12% | 6.67% | 5.23% | 5.07% | 4.88% | 4.00% | 4.92% | 4.59% | 5.47% | 5.16% | 5.33% |
AGEYX American Beacon Developing World Income Fund Class Y | 9.85% | 9.99% | 12.16% | 9.64% | 7.50% | 7.90% | 7.34% | 8.61% | 9.88% | 7.30% | 8.43% | 7.03% |
Drawdowns
TGEIX vs. AGEYX - Drawdown Comparison
The maximum TGEIX drawdown since its inception was -46.33%, which is greater than AGEYX's maximum drawdown of -22.24%. Use the drawdown chart below to compare losses from any high point for TGEIX and AGEYX.
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Drawdown Indicators
| TGEIX | AGEYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.33% | -22.24% | -24.09% |
Max Drawdown (1Y)Largest decline over 1 year | -4.56% | -4.14% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -29.53% | -22.24% | -7.29% |
Max Drawdown (10Y)Largest decline over 10 years | -29.74% | -22.24% | -7.50% |
Current DrawdownCurrent decline from peak | -4.56% | -3.15% | -1.41% |
Average DrawdownAverage peak-to-trough decline | -7.28% | -3.59% | -3.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 0.86% | +0.21% |
Volatility
TGEIX vs. AGEYX - Volatility Comparison
TCW Emerging Markets Income Fund (TGEIX) has a higher volatility of 1.88% compared to American Beacon Developing World Income Fund Class Y (AGEYX) at 1.74%. This indicates that TGEIX's price experiences larger fluctuations and is considered to be riskier than AGEYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGEIX | AGEYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.88% | 1.74% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 3.11% | 2.84% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.97% | 4.65% | +0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.58% | 5.12% | +1.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.70% | 5.00% | +2.70% |