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PIMCO Global Advantage Strategy Bond Fund (PSAIX) Sharpe Ratio: 1.19

PSAIX's Sharpe Ratio of 1.19 indicates that for each unit of volatility, it generates 1.19 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 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.

PSAIX Sharpe Ratio Rank

PSAIX Sharpe Ratio Rank: 67.167
Above Average

PSAIX ranks above 67.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

PSAIX Sharpe Ratio Market Positioning

The chart shows PSAIX'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%): 0.65 or lower
  • Yellow zone (middle 50%): 0.65 to 1.36
  • Green zone (top 25%): 1.36 or higher
  • Top 1%: 3.59+
  • Median: 1.00 — half of all investments score higher

How it compares to other similar mutual funds

The table compares PIMCO Global Advantage Strategy Bond Fund's Sharpe Ratio with other mutual funds in the Global Bonds category across multiple time periods, showing how PSAIX'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 Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DFSHXDFA Selectively Hedged Global Fixed Income Portfolio3.11
PYGSXPayden Global Low Duration Fund2.57
PRSNXT. Rowe Price Global Multi-Sector Bond Fund2.57
EAIIXEaton Vance Global Bond Fund2.42
TNBMXT. Rowe Price International Bond Fund (USD Hedged)2.36
SEBFXSaturna Sustainable Bond Fund1.97
DGFFXDestinations Global Fixed Income Opportunities Fund1.89
SAXIXSA Global Fixed Income Fund1.80
DFGFXDFA Two Year Global Fixed Income Portfolio1.71
HFADXJanus Henderson Developed World Bond Fund Class D1.70
PSAIXPIMCO Global Advantage Strategy Bond Fund1.19

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PSAIX'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 PSAIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore PSAIX risk-adjusted metrics in detail

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

PSAIX Sortino Ratio