PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD)

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The chart shows the growth of an initial investment of $10,000 in PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has returned -0.92% so far this year and 5.87% over the past 12 months.

Based on dividend-adjusted daily data since Jun 22, 2023, PYLD's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, your investment would double in approximately 9.2 years.

Historically, 71% of months were positive and 29% were negative. The best month was Nov 2023 with a return of +4.8%, while the worst month was Mar 2026 at -2.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, PYLD closed higher 53% of trading days. The best single day was Nov 14, 2023 with a return of +1.1%, while the worst single day was Apr 7, 2025 at -1.0%.

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund has an annualized alpha of 6.72%, beta of 0.08, and R² of 0.09 versus S&P 500 Index. Calculated based on daily prices since June 23, 2023.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (34.40%) than losses (23.64%) — typical of diversified or defensive assets.
• Beta of 0.08 may look defensive, but with R² of 0.09 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.09 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PYLD has an expense ratio of 0.55%, placing it in the medium range.

PYLD ranks 79 for risk / return — better than 79% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) and compare them to a chosen benchmark (S&P 500 Index).

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund provided a 6.36% dividend yield over the last twelve months, with an annual payout of $1.67 per share.

The table displays the monthly dividend distributions for PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund. 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 ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund was 4.52%, occurring on Oct 19, 2023. Recovery took 27 trading sessions.

The current PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund drawdown is 2.28%.

The chart below shows the rolling one-month volatility.