ADVNX vs. PYLD

Last updated Apr 2, 2026

Compare and contrast key facts about North Square Strategic Income Fund (ADVNX) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD).

ADVNX is managed by North Square. It was launched on Dec 30, 2012. PYLD is an actively managed fund by PIMCO. It was launched on Jun 21, 2023.

Performance

ADVNX vs. PYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North Square Strategic Income Fund (ADVNX) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). The values are adjusted to include any dividend payments, if applicable.

ADVNX vs. PYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ADVNX North Square Strategic Income Fund	0.72%	11.20%	9.71%	5.68%
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund	-0.61%	9.57%	7.69%	5.60%

Returns By Period

In the year-to-date period, ADVNX achieves a 0.72% return, which is significantly higher than PYLD's -0.61% return.

ADVNX

• 1D: 0.30%
• 1M: -1.62%
• YTD: 0.72%
• 6M: 1.94%
• 1Y: 8.45%
• 3Y*: 9.04%
• 5Y*: 4.39%
• 10Y*: 5.02%

PYLD

• 1D: 0.31%
• 1M: -1.68%
• YTD: -0.61%
• 6M: 0.98%
• 1Y: 6.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADVNX vs. PYLD - Expense Ratio Comparison

ADVNX has a 0.90% expense ratio, which is higher than PYLD's 0.55% expense ratio.

ADVNX

North Square Strategic Income Fund

PYLD

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund

Return for Risk

ADVNX vs. PYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADVNX

ADVNX Risk / Return Rank: 92
ADVNX Sharpe Ratio Rank: 92
ADVNX Sortino Ratio Rank: 93
ADVNX Omega Ratio Rank: 89
ADVNX Calmar Ratio Rank: 95
ADVNX Martin Ratio Rank: 92

PYLD

PYLD Risk / Return Rank: 80
PYLD Sharpe Ratio Rank: 85
PYLD Sortino Ratio Rank: 88
PYLD Omega Ratio Rank: 85
PYLD Calmar Ratio Rank: 71
PYLD Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADVNX vs. PYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North Square Strategic Income Fund (ADVNX) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ADVNX	PYLD	Difference
Sharpe ratio Return per unit of total volatility	2.06	1.77	+0.29
Sortino ratio Return per unit of downside risk	2.98	2.47	+0.51
Omega ratio Gain probability vs. loss probability	1.40	1.35	+0.05
Calmar ratio Return relative to maximum drawdown	3.37	1.91	+1.47
Martin ratio Return relative to average drawdown	11.88	7.76	+4.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADVNX vs. PYLD - Sharpe Ratio Comparison

The current ADVNX Sharpe Ratio is 2.06, which is comparable to the PYLD Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of ADVNX and PYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ADVNX	PYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	1.77	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	2.01	-0.74

Correlation

The correlation between ADVNX and PYLD is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ADVNX vs. PYLD - Dividend Comparison

ADVNX's dividend yield for the trailing twelve months is around 4.82%, less than PYLD's 6.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADVNX North Square Strategic Income Fund	4.82%	4.73%	4.02%	4.38%	2.80%	5.23%	6.80%	3.33%	3.92%	4.09%	4.19%	6.30%
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund	6.37%	6.21%	6.40%	2.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ADVNX vs. PYLD - Drawdown Comparison

The maximum ADVNX drawdown since its inception was -11.86%, which is greater than PYLD's maximum drawdown of -4.52%. Use the drawdown chart below to compare losses from any high point for ADVNX and PYLD.

Drawdown Indicators

	ADVNX	PYLD	Difference
Max Drawdown Largest peak-to-trough decline	-11.86%	-4.52%	-7.34%
Max Drawdown (1Y) Largest decline over 1 year	-2.57%	-3.25%	+0.68%
Max Drawdown (5Y) Largest decline over 5 years	-11.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-11.86%	—	—
Current Drawdown Current decline from peak	-2.01%	-1.98%	-0.03%
Average Drawdown Average peak-to-trough decline	-1.92%	-0.64%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	0.80%	-0.07%

Volatility

ADVNX vs. PYLD - Volatility Comparison

The current volatility for North Square Strategic Income Fund (ADVNX) is 1.14%, while PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has a volatility of 1.66%. This indicates that ADVNX experiences smaller price fluctuations and is considered to be less risky than PYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADVNX	PYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.14%	1.66%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	2.53%	2.13%	+0.40%
Volatility (1Y) Calculated over the trailing 1-year period	4.23%	3.44%	+0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.22%	4.00%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.74%	4.00%	-0.26%