PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) belongs to the Multisector Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PYLD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYLD
PYLD charges 0.55% annually. There are 23 ETFs in the Multisector Bonds category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.20% | 432.36M | Nov 2023 | PYLD vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 460.40M | Oct 2017 | PYLD vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | PYLD vs VGMS | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | PYLD vs AINP | |
| American Century Multisector Income ETF | 0.36% | 216.87M | Jun 2021 | PYLD vs MUSI |
Best Risk-Adjusted Alternatives to PYLD
PYLD has a PortfoliosLab risk / return rank of 66. There are 14 ETFs in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 97 | 432.36M | Nov 2023 | PYLD vs SOFR | |
| Palmer Square Credit Opportunities ETF | 96 | 101.21M | Sep 2024 | PYLD vs PSQO | |
| Obra High Grade Structured Products ETF | 95 | 29.65M | Apr 2024 | PYLD vs OGSP | |
| Angel Oak Income ETF | 94 | 1.03B | Nov 2022 | PYLD vs CARY | |
| JPMorgan Income ETF | 93 | 9.10B | Oct 2021 | PYLD vs JPIE |
Top Performing PYLD Alternatives (YTD)
PYLD is at 0.95% YTD. There are 30 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 3.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Bluemonte Diversified Income ETF | 3.27% | 100.93M | Jun 2025 | PYLD vs BLUI | |
| VictoryShares Pioneer Asset-Based Income ETF | 2.61% | 56.54M | Jun 2025 | PYLD vs ABI | |
| Simplify Opportunistic Income ETF | 2.58% | 36.80M | Jun 2023 | PYLD vs CRDT | |
| Obra Opportunistic Structured Products ETF | 2.41% | 36.96M | Apr 2024 | PYLD vs OOSP | |
| TCW Multisector Credit Income ETF | 2.30% | 50.94M | Nov 2024 | PYLD vs MUSE |
Lowest Volatility Alternatives to PYLD
PYLD has 3.08% 1-year volatility. There are 23 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.84% | 432.36M | Nov 2023 | PYLD vs SOFR | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.28% | 56.54M | Jun 2025 | PYLD vs ABI | |
| Palmer Square Credit Opportunities ETF | 1.55% | 101.21M | Sep 2024 | PYLD vs PSQO | |
| JPMorgan Income ETF | 1.59% | 9.10B | Oct 2021 | PYLD vs JPIE | |
| Obra High Grade Structured Products ETF | 1.74% | 29.65M | Apr 2024 | PYLD vs OGSP |
Lowest Drawdown Alternatives to PYLD
PYLD has a 1-year max drawdown of -3.25%. There are 29 ETFs in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | -0.41% | 432.36M | Nov 2023 | PYLD vs SOFR | |
| Obra High Grade Structured Products ETF | -0.50% | 29.65M | Apr 2024 | PYLD vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | PYLD vs PSQO | |
| JPMorgan Income ETF | -1.15% | 9.10B | Oct 2021 | PYLD vs JPIE | |
| PGIM Short Duration Multi-Sector Bond ETF | -1.19% | — | Jul 2023 | PYLD vs PSDM |
Other ETFs from PIMCO
The 10 most viewed PIMCO ETFs shown here include MINT, BOND, ZROZ and span 11 categories. AUM among these funds goes as high as $16B.
Often Compared With PYLD
Investors most often compare PYLD with PIMIX, BINC, PONPX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare PYLD with Any Fund or Stock
Compare PYLD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYLD with funds that move differently
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYLD.
Explore PYLD Diversifiers