PWETX Performance — PACE International Emerging Markets Equity Investments, Class P2
Data updated: 2026-10-13
PWETX returned +24.26% year to date and +45.02% over one year to Jul 2026. The annualised 3-year return is +20.25%. The fund beat its Global Large Blend category average: $100 invested three years ago grew to $174, against $152 for the category, and to $145 over one year, against $118. Volatility over the past three years was 17.54% a year. In the 12 months to Jul 2026 the fund lost a net $59.9M, and assets reached $572.05M.
PWETX Growth of $100
What $100 invested in PACE International Emerging Markets Equity Investments grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | PWETX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $145 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $174 | $152 |
| Since data start (Apr 2023 – Jul 2026) | $187 | $163 |
PWETX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +24.26% |
| 1 year | +45.02% |
| 3 years (annualised) | +20.25% |
PWETX Annual Returns
Calendar-year total returns of PACE International Emerging Markets Equity Investments, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +24.26% |
| 2025 | +37.33% |
| 2024 | +4.52% |
| 2023 (Apr–Dec) | +4.60% |
PWETX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.2% | +5.8% | −11.5% | +12.7% | +9.3% | −2.2% | −0.1% | — | — | — | — | — |
| 2025 | +1.8% | +0.1% | +1.8% | +0.6% | +5.3% | +5.5% | +1.4% | +3.7% | +7.7% | +4.0% | −2.1% | +2.6% |
| 2024 | −4.9% | +4.2% | +1.6% | 0.0% | +2.0% | +1.3% | −0.6% | +1.9% | +8.2% | −4.4% | −3.3% | −1.0% |
| 2023 | — | — | — | −2.1% | −1.2% | +5.4% | +5.3% | −5.6% | −3.6% | −4.6% | +8.8% | +3.3% |
PWETX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.54%
- 3-year Sharpe ratio: 0.90 (vs 4.5% risk-free rate)
- Best month: +12.72% (Apr 2026)
- Worst month: −11.46% (Mar 2026)
PWETX Fund Flows
Monthly money in and out of PACE International Emerging Markets Equity Investments, from SEC Form N-PORT.
- 12-month net flow: −$59.9M
- 12-month gross sales (incl. reinvestments): $61.1M
- Sales ÷ redemptions: 0.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $5.9M | $9.0M | −$3.1M |
| Jun 2026 | $2.0M | $9.5M | −$7.5M |
| May 2026 | $1.7M | $13.2M | −$11.6M |
| Apr 2026 | $1.6M | $7.9M | −$6.3M |
| Mar 2026 | $3.4M | $10.0M | −$6.6M |
| Feb 2026 | $2.7M | $11.7M | −$9.0M |
| Jan 2026 | $6.2M | $22.7M | −$16.5M |
| Dec 2025 | $23.0M | $9.1M | $13.9M |
| Nov 2025 | $2.1M | $8.0M | −$5.9M |
| Oct 2025 | $3.1M | $7.3M | −$4.3M |
| Sep 2025 | $5.1M | $7.0M | −$1.9M |
| Aug 2025 | $4.3M | $5.6M | −$1.3M |
PWETX Assets Under Management
Net assets of PACE International Emerging Markets Equity Investments by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $572.05M |
| 2026-04-30 | $556.91M |
| 2026-01-31 | $549.36M |
| 2025-10-31 | $526.42M |
| 2025-07-31 | $460.22M |
| 2025-04-30 | $412.23M |
| 2025-01-31 | $395.73M |
| 2024-10-31 | $402.31M |
| 2024-07-31 | $384.48M |
| 2024-04-30 | $375.61M |
| 2024-01-31 | $357.39M |
| 2023-10-31 | $337.20M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.