WFEMX vs. BEMIX

Last updated Jun 4, 2026

WFEMX (WCM Focused Emerging Markets Fund) and BEMIX (Brandes Emerging Markets Fund) are both Emerging Markets Diversified funds. Over the past 10 years, WFEMX returned 10.61%/yr vs 10.14%/yr for BEMIX. A 0.80 correlation means they provide meaningful diversification when combined. WFEMX charges 1.50%/yr vs 1.12%/yr for BEMIX.

Performance

WFEMX vs. BEMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WCM Focused Emerging Markets Fund (WFEMX) and Brandes Emerging Markets Fund (BEMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with WFEMX having a 25.84% return and BEMIX slightly lower at 24.57%. Both investments have delivered pretty close results over the past 10 years, with WFEMX having a 10.61% annualized return and BEMIX not far behind at 10.14%.

WFEMX

• 1D: 0.84%
• 1M: 7.09%
• YTD: 25.84%
• 6M: 27.37%
• 1Y: 48.58%
• 3Y*: 23.27%
• 5Y*: 4.15%
• 10Y*: 10.61%

BEMIX

• 1D: -0.98%
• 1M: 5.57%
• YTD: 24.57%
• 6M: 26.61%
• 1Y: 58.09%
• 3Y*: 28.23%
• 5Y*: 12.66%
• 10Y*: 10.14%

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

WFEMX vs. BEMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WFEMX WCM Focused Emerging Markets Fund	25.84%	31.13%	9.81%	4.25%	-30.86%	-1.94%	36.15%	37.44%	-12.71%	40.94%
BEMIX Brandes Emerging Markets Fund	24.57%	47.83%	4.01%	22.53%	-15.91%	1.68%	-6.17%	18.60%	-15.56%	26.00%

Correlation

The correlation between WFEMX and BEMIX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jul 3, 2013	0.80

The correlation between WFEMX and BEMIX has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

Return for Risk

WFEMX vs. BEMIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WFEMX

WFEMX Risk / Return Rank: 77
WFEMX Sharpe Ratio Rank: 82
WFEMX Sortino Ratio Rank: 64
WFEMX Omega Ratio Rank: 74
WFEMX Calmar Ratio Rank: 90
WFEMX Martin Ratio Rank: 76

BEMIX

BEMIX Risk / Return Rank: 93
BEMIX Sharpe Ratio Rank: 96
BEMIX Sortino Ratio Rank: 91
BEMIX Omega Ratio Rank: 92
BEMIX Calmar Ratio Rank: 92
BEMIX Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WFEMX vs. BEMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WCM Focused Emerging Markets Fund (WFEMX) and Brandes Emerging Markets Fund (BEMIX). 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.

	WFEMX	BEMIX	Difference
Sharpe ratio: Return per unit of total volatility	2.67	3.57	-0.90
Sortino ratio: Return per unit of downside risk	3.36	4.50	-1.15
Omega ratio: Gain probability vs. loss probability	1.49	1.69	-0.20
Calmar ratio: Return relative to maximum drawdown	4.69	4.94	-0.26
Martin ratio: Return relative to average drawdown	14.38	20.63	-6.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WFEMX vs. BEMIX - Sharpe Ratio Comparison

The current WFEMX Sharpe Ratio is 2.67, which is comparable to the BEMIX Sharpe Ratio of 3.57. The chart below compares the historical Sharpe Ratios of WFEMX and BEMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WFEMX	BEMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	3.57	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.77	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.60	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.31	+0.12

Drawdowns

WFEMX vs. BEMIX - Drawdown Comparison

The maximum WFEMX drawdown since its inception was -46.28%, roughly equal to the maximum BEMIX drawdown of -46.05%. Use the drawdown chart below to compare losses from any high point for WFEMX and BEMIX.

Drawdown Indicators

	WFEMX	BEMIX	Difference
Max Drawdown Largest peak-to-trough decline	-46.28%	-46.05%	-0.23%
Max Drawdown (1Y) Largest decline over 1 year	-10.73%	-12.07%	+1.34%
Max Drawdown (3Y) Largest decline over 3 years	-19.06%	-16.08%	-2.98%
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	-36.37%	-8.54%
Max Drawdown (10Y) Largest decline over 10 years	-46.28%	-46.05%	-0.23%
Current Drawdown Current decline from peak	0.00%	-0.98%	+0.98%
Average Drawdown Average peak-to-trough decline	-14.93%	-14.18%	-0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	2.89%	+0.59%

Volatility

WFEMX vs. BEMIX - Volatility Comparison

WCM Focused Emerging Markets Fund (WFEMX) and Brandes Emerging Markets Fund (BEMIX) have volatilities of 6.88% and 6.78%, 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.

Volatility by Period

	WFEMX	BEMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.88%	6.78%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	15.46%	14.26%	+1.20%
Volatility (1Y) Calculated over the trailing 1-year period	18.83%	16.70%	+2.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.58%	16.56%	+2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.72%	17.09%	+1.63%

WFEMX vs. BEMIX - Expense Ratio Comparison

WFEMX has a 1.50% expense ratio, which is higher than BEMIX's 1.12% expense ratio.

Dividends

WFEMX vs. BEMIX - Dividend Comparison

WFEMX has not paid dividends to shareholders, while BEMIX's dividend yield for the trailing twelve months is around 1.72%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BEMIX Brandes Emerging Markets Fund	1.72%	2.15%	3.04%	2.45%	2.86%	2.31%	1.31%	2.56%	1.55%	1.41%	2.20%	1.54%
WFEMX WCM Focused Emerging Markets Fund	0.00%	0.00%	0.00%	0.15%	0.32%	4.42%	0.88%	0.37%	0.76%	0.76%	0.76%	0.29%

Frequently Asked Questions

Can I hold both WFEMX and BEMIX in my portfolio?

WFEMX and BEMIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WFEMX or BEMIX?

WFEMX has higher volatility (6.88%) compared to BEMIX (6.78%). In terms of maximum drawdown, WFEMX dropped -46.28% vs BEMIX's -46.05%.

Which has better risk-adjusted returns?

BEMIX currently has the higher Sharpe Ratio (3.57 vs 2.67), 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.