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PIMCO Canadian Core Bond Fund (CORE.TO) Sortino Ratio: 0.43

CORE.TO's Sortino Ratio of 0.43 indicates that for each unit of downside volatility, it generates 0.43 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

CORE.TO Sortino Ratio Rank


CORE.TO Sortino Ratio Rank: 16.917
Concerning

CORE.TO ranks above 16.9% of all investments in our database based on Sortino Ratio over the past 12 months, indicating weak returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Weak downside-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or implementing downside hedges
  • Review higher-ranked alternatives in the same category

CORE.TO Sortino Ratio Market Positioning

The chart shows CORE.TO's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.


  • Red zone (bottom 25%): 0.77 or lower
  • Yellow zone (middle 50%): 0.77 to 1.96
  • Green zone (top 25%): 1.96 or higher
  • Top 1%: 9.83+
  • Median: 1.39 — half of all investments score higher

How it compares to other similar ETFs

The table compares PIMCO Canadian Core Bond Fund's Sortino Ratio with other ETFs in the Canadian Government Bonds category across multiple time periods, showing how CORE.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 1, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
CBIL.TOGlobal X 0-3 Month T-Bill ETF13.19
TCSH.TOTD Cash Management ETF10.76
XFR.TOiShares Floating Rate Index ETF5.94
ZBI.TOBMO Canadian Bank Income Index ETF2.97
XSHG.TOiShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF2.24
XSH.TOiShares Core Canadian Short Term Corporate Bond Index ETF2.23
ZCS.TOBMO Short Corporate Bond Index ETF2.09
CBO.TOiShares 1-5 Year Laddered Corporate Bond Index ETF2.05
XSTB.TOiShares ESG Aware Canadian Short Term Bond Index ETF1.77
ZSB.TOBMO Short-Term Bond Index ETF1.72
CORE.TOPIMCO Canadian Core Bond Fund0.43

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows CORE.TO's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CORE.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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Explore CORE.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.