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PIMCO All Asset Fund Class A (PASAX) Sharpe Ratio: 2.70

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

PASAX is a PIMCO fund-of-funds that tactically allocates across all major asset classes including stocks, bonds, commodities, and real estate. The fund seeks maximum real return consistent with preservation of capital through active multi-asset management.

PASAX's Sharpe Ratio of 2.70 indicates that for each unit of volatility, it generates 2.70 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PASAX Sharpe Ratio Rank

PASAX Sharpe Ratio Rank: 94.995
Exceptional

PASAX ranks above 94.9% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

PASAX Sharpe Ratio Market Positioning

The chart shows PASAX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.05 or lower
  • Yellow zone (middle 50%): 1.05 to 1.94
  • Green zone (top 25%): 1.94 or higher
  • Top 1%: 3.91+
  • Median: 1.59 — half of all investments score higher

How it compares to other similar mutual funds

The table compares PIMCO All Asset Fund Class A's Sharpe Ratio with other mutual funds in the Tactical Allocation category across multiple time periods, showing how PASAX'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 Jul 14, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PAAIXPIMCO All Asset Fund2.75
HSTRXHussman Strategic Total Return Fund2.71
PASAXPIMCO All Asset Fund Class A2.70
MOJOXDonoghue Forlines Momentum Fund2.69
SIOAXSEI Institutional Managed Trust Multi-Asset Income Fund2.62
QEVOXQuantified Evolution Plus Fund2.56
ASTIXAstor Dynamic Allocation Fund2.55
QDSNXAQR Diversifying Strategies Fund Class N2.54
ABRYXInvesco Balanced-Risk Allocation Fund2.53
ABRZXInvesco Balanced-Risk Allocation Fund Class A2.51

S&P 500 Index

How to choose period

Historical Sharpe Ratio

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

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

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Sharpe Ratio Calculator

How does PASAX fit in your portfolio?

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