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PIMCO Investment Grade Corporate Bond Index ETF (CORP)

ETF · Currency in USD · Last updated Mar 18, 2023

CORP is a passive ETF by PIMCO tracking the investment results of the ICE BofA US Corporate. CORP launched on Sep 20, 2010 and has a 0.20% expense ratio.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in PIMCO Investment Grade Corporate Bond Index ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $14,706 for a total return of roughly 47.06%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
4.98%
6.48%
CORP (PIMCO Investment Grade Corporate Bond Index ETF)
Benchmark (^GSPC)

S&P 500

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Return

PIMCO Investment Grade Corporate Bond Index ETF had a return of 2.94% year-to-date (YTD) and -5.15% in the last 12 months. Over the past 10 years, PIMCO Investment Grade Corporate Bond Index ETF had an annualized return of 2.38%, while the S&P 500 had an annualized return of 9.71%, indicating that PIMCO Investment Grade Corporate Bond Index ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.48%-5.31%
Year-To-Date2.94%2.01%
6 months2.81%0.39%
1 year-5.15%-10.12%
5 years (annualized)1.71%7.32%
10 years (annualized)2.38%9.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20234.39%-3.27%
2022-4.58%-1.03%5.22%-0.85%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current PIMCO Investment Grade Corporate Bond Index ETF Sharpe ratio is -0.51. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.51
-0.43
CORP (PIMCO Investment Grade Corporate Bond Index ETF)
Benchmark (^GSPC)

Dividend History

PIMCO Investment Grade Corporate Bond Index ETF granted a 3.90% dividend yield in the last twelve months. The annual payout for that period amounted to $3.71 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$3.71$3.05$2.83$3.39$3.57$3.46$3.26$2.97$3.11$3.66$7.27$3.89

Dividend yield

3.90%3.30%2.61%3.09%3.56%3.96%3.62%3.52%3.92%4.57%9.78%5.16%

Monthly Dividends

The table displays the monthly dividend distributions for PIMCO Investment Grade Corporate Bond Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.33
2022$0.00$0.22$0.23$0.23$0.24$0.23$0.24$0.24$0.25$0.28$0.26$0.63
2021$0.00$0.25$0.24$0.23$0.24$0.22$0.23$0.24$0.22$0.22$0.22$0.52
2020$0.00$0.30$0.28$0.28$0.28$0.29$0.28$0.27$0.24$0.25$0.27$0.65
2019$0.00$0.31$0.30$0.30$0.29$0.29$0.29$0.29$0.33$0.32$0.29$0.56
2018$0.00$0.28$0.28$0.27$0.28$0.30$0.29$0.28$0.28$0.28$0.30$0.63
2017$0.00$0.28$0.25$0.25$0.25$0.26$0.27$0.27$0.26$0.27$0.27$0.62
2016$0.00$0.26$0.23$0.23$0.24$0.24$0.25$0.25$0.25$0.24$0.24$0.55
2015$0.24$0.24$0.25$0.26$0.26$0.27$0.27$0.25$0.26$0.00$0.26$0.56
2014$0.26$0.28$0.28$0.28$0.28$0.30$0.28$0.28$0.29$0.29$0.28$0.58
2013$0.37$0.35$0.33$0.31$0.31$0.31$0.29$0.28$0.28$0.24$0.26$3.94
2012$0.26$0.26$0.26$0.26$0.27$0.27$0.26$0.28$0.27$0.28$0.30$0.95

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-13.92%
-18.34%
CORP (PIMCO Investment Grade Corporate Bond Index ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the PIMCO Investment Grade Corporate Bond Index ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the PIMCO Investment Grade Corporate Bond Index ETF is 21.21%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.21%Aug 5, 2021306Oct 20, 2022
-19.11%Mar 9, 20209Mar 19, 202057Jun 10, 202066
-6.93%May 3, 201336Jun 24, 2013199Apr 8, 2014235
-5.33%Jan 4, 202152Mar 18, 202184Jul 19, 2021136
-5.25%Aug 31, 201674Dec 14, 2016116Jun 2, 2017190
-4.9%Nov 5, 201025Dec 14, 2010101May 16, 2011126
-4.69%Dec 18, 2017104May 17, 2018194Feb 26, 2019298
-4.41%Feb 3, 201589Jun 10, 2015195Mar 18, 2016284
-3.46%Nov 3, 201127Dec 12, 201130Jan 26, 201257
-2.99%Aug 5, 202062Oct 30, 202037Dec 23, 202099

Volatility Chart

Current PIMCO Investment Grade Corporate Bond Index ETF volatility is 8.35%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
8.35%
21.17%
CORP (PIMCO Investment Grade Corporate Bond Index ETF)
Benchmark (^GSPC)