- ISIN
- US72202L3713
- CUSIP
- 72202L371
- Issuer
- PIMCO
- Inception Date
- Aug 31, 2017
- Region
- Developed Markets (Broad)
- Category
- Foreign Large Cap Equities, Multi-factor
- Leveraged
- 1x (No leverage)
- Index Tracked
- RAFI Dynamic Multi-Factor Developed Ex-U.S. Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $441M
Share Price Chart
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Performance
MFDX Performance Chart
PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is up 9.9% since the beginning of the year. MFDX is currently trading at $42 per share. Investors who bought $1,000 worth of MFDX shares 5 years ago would now be looking at an investment worth $1,606.
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Returns By Period
PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) has returned 9.89% so far this year and 22.69% over the past 12 months.
PIMCO RAFI Dynamic Multi-Factor International Equity ETF
- 1D
- 2.81%
- 1M
- -0.56%
- YTD
- 9.89%
- 6M
- 11.08%
- 1Y
- 22.69%
- 3Y*
- 18.33%
- 5Y*
- 9.94%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 1.75%
- 1M
- -0.09%
- YTD
- 8.02%
- 6M
- 7.15%
- 1Y
- 22.78%
- 3Y*
- 19.45%
- 5Y*
- 11.73%
- 10Y*
- 13.53%
MFDX Monthly Returns History
Based on dividend-adjusted daily data since Sep 6, 2017, MFDX's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +12.7%, while the worst month was Mar 2020 at -14.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, MFDX closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +8.0%, while the worst single day was Mar 16, 2020 at -10.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.49% | 5.88% | -7.22% | 4.95% | 1.67% | -0.62% | 9.89% | ||||||
| 2025 | 3.99% | 2.87% | 1.16% | 5.43% | 4.91% | 2.33% | -1.64% | 4.77% | 1.45% | 0.47% | 2.14% | 2.17% | 34.27% |
| 2024 | -0.61% | 1.93% | 3.89% | -3.07% | 4.55% | -2.30% | 4.12% | 2.84% | 1.66% | -5.03% | 0.64% | -3.69% | 4.40% |
| 2023 | 7.61% | -2.00% | 1.98% | 2.87% | -4.87% | 5.01% | 3.29% | -2.84% | -3.06% | -3.07% | 7.59% | 4.81% | 17.54% |
| 2022 | -1.12% | -1.77% | -0.30% | -5.32% | 3.04% | -8.93% | 3.58% | -4.63% | -9.42% | 5.64% | 11.25% | -0.81% | -10.27% |
| 2021 | -0.42% | 2.07% | 2.57% | 2.48% | 3.73% | -1.37% | 0.72% | 1.37% | -2.63% | 2.70% | -4.91% | 4.66% | 11.07% |
Benchmark Metrics
PIMCO RAFI Dynamic Multi-Factor International Equity ETF has an annualized alpha of -0.45%, beta of 0.72, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since September 06, 2017.
- This ETF participated in 78.88% of S&P 500 Index downside but only 66.79% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.45%
- Beta
- 0.72
- R²
- 0.69
- Upside Capture
- 66.79%
- Downside Capture
- 78.88%
Expense Ratio
MFDX has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MFDX ranks 53 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MFDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.34 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 2.52 | -0.38 |
| Martin ratioReturn relative to average drawdown | 8.36 | 11.31 | -2.95 |
Dividends
Dividend History
PIMCO RAFI Dynamic Multi-Factor International Equity ETF provided a 2.79% dividend yield over the last twelve months, with an annual payout of $1.17 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.17 | $1.14 | $0.93 | $0.91 | $0.73 | $0.88 | $0.43 | $0.75 | $0.48 | $0.19 |
Dividend yield | 2.79% | 2.97% | 3.16% | 3.12% | 2.85% | 2.99% | 1.58% | 2.88% | 2.13% | 0.71% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO RAFI Dynamic Multi-Factor International Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.21 | $0.00 | $0.33 | $1.14 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.25 | $0.00 | $0.15 | $0.93 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.20 | $0.00 | $0.18 | $0.91 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.11 | $0.00 | $0.21 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.13 | $0.00 | $0.41 | $0.88 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO RAFI Dynamic Multi-Factor International Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PIMCO RAFI Dynamic Multi-Factor International Equity ETF was 36.05%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.
The current PIMCO RAFI Dynamic Multi-Factor International Equity ETF drawdown is 1.70%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -36.05%Mar 2020 | 2y 1mo | 8mo 16d | 2y 10moJan 2018 - Dec 2020 |
Bear market2022 | -25.58%Oct 2022 | 9mo 2d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
2025 selloff2025 | -11.62%Apr 2025 | 19d | 16d | 1mo 5dMar 2025 - Apr 2025 |
2026 correction2026 | -10.66%Mar 2026 | 22d | — | 3mo 16dFeb 2026 - now |
2025 correction2025 | -10.11%Jan 2025 | 3mo 18d | 1mo 21d | 5mo 9dSep 2024 - Mar 2025 |
Drawdown Indicators
| MFDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.05% | -56.78% | +20.73% |
Max Drawdown (1Y)Largest decline over 1 year | -10.66% | -9.10% | -1.56% |
Max Drawdown (3Y)Largest decline over 3 years | -11.62% | -18.90% | +7.28% |
Max Drawdown (5Y)Largest decline over 5 years | -25.58% | -25.43% | -0.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.70% | -2.83% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -6.49% | -10.72% | +4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | 2.02% | +0.70% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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