ALIZY vs. PDO

Last updated Jun 13, 2026

ALIZY (Allianz SE ADR) and PDO (Pimco Dynamic Income Opportunities Fund) are both stocks. Both are in the Financial Services sector — ALIZY in Insurance - Diversified, PDO in Asset Management. Over the past 5 years, ALIZY returned 16.69%/yr vs 1.78%/yr for PDO. At a 0.24 correlation, their price movements are largely independent.

Performance

ALIZY vs. PDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allianz SE ADR (ALIZY) and Pimco Dynamic Income Opportunities Fund (PDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALIZY achieves a 1.59% return, which is significantly higher than PDO's -1.72% return.

ALIZY

• 1D: 0.01%
• 1M: 2.36%
• YTD: 1.59%
• 6M: 4.55%
• 1Y: 17.68%
• 3Y*: 31.68%
• 5Y*: 16.69%
• 10Y*: —

PDO

• 1D: 0.78%
• 1M: 1.23%
• YTD: -1.72%
• 6M: -1.43%
• 1Y: 7.30%
• 3Y*: 12.44%
• 5Y*: 1.78%
• 10Y*: —

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

ALIZY vs. PDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ALIZY Allianz SE ADR	1.59%	56.96%	20.60%	31.20%	-4.34%	5.18%
PDO Pimco Dynamic Income Opportunities Fund	-1.72%	13.96%	24.55%	8.06%	-23.40%	5.98%

Correlation

The correlation between ALIZY and PDO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021	0.24

Return for Risk

ALIZY vs. PDO — Risk / Return Rank

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

ALIZY

ALIZY Risk / Return Rank: 67
ALIZY Sharpe Ratio Rank: 71
ALIZY Sortino Ratio Rank: 64
ALIZY Omega Ratio Rank: 62
ALIZY Calmar Ratio Rank: 68
ALIZY Martin Ratio Rank: 71

PDO

PDO Risk / Return Rank: 62
PDO Sharpe Ratio Rank: 66
PDO Sortino Ratio Rank: 58
PDO Omega Ratio Rank: 62
PDO Calmar Ratio Rank: 58
PDO Martin Ratio Rank: 64

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.

ALIZY vs. PDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allianz SE ADR (ALIZY) and Pimco Dynamic Income Opportunities Fund (PDO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ALIZY	PDO	Difference
Sharpe ratio: Return per unit of total volatility	0.89	0.73	+0.16
Sortino ratio: Return per unit of downside risk	1.31	1.06	+0.25
Omega ratio: Gain probability vs. loss probability	1.16	1.16	0.00
Calmar ratio: Return relative to maximum drawdown	1.31	0.66	+0.66
Martin ratio: Return relative to average drawdown	3.39	2.29	+1.11

ALIZY vs. PDO - Sharpe Ratio Comparison

The current ALIZY Sharpe Ratio is 0.89, which is comparable to the PDO Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of ALIZY and PDO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ALIZY vs. PDO - Drawdown Comparison

The maximum ALIZY drawdown since its inception was -49.10%, which is greater than PDO's maximum drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for ALIZY and PDO.

Drawdown Indicators

	ALIZY	PDO	Difference
Max Drawdown Largest peak-to-trough decline	-49.10%	-36.83%	-12.27%
Max Drawdown (1Y) Largest decline over 1 year	-13.55%	-11.18%	-2.37%
Max Drawdown (3Y) Largest decline over 3 years	-13.55%	-16.55%	+3.00%
Max Drawdown (5Y) Largest decline over 5 years	-38.14%	-36.83%	-1.31%
Current Drawdown Current decline from peak	-1.35%	-5.54%	+4.19%
Average Drawdown Average peak-to-trough decline	-8.65%	-14.37%	+5.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.23%	3.20%	+2.03%

Volatility

ALIZY vs. PDO - Volatility Comparison

Allianz SE ADR (ALIZY) has a higher volatility of 6.09% compared to Pimco Dynamic Income Opportunities Fund (PDO) at 3.68%. This indicates that ALIZY's price experiences larger fluctuations and is considered to be riskier than PDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALIZY	PDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	3.68%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	15.16%	9.06%	+6.10%
Volatility (1Y) Calculated over the trailing 1-year period	20.07%	10.08%	+9.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.19%	15.80%	+6.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.64%	15.54%	+12.10%

Dividends

ALIZY vs. PDO - Dividend Comparison

ALIZY's dividend yield for the trailing twelve months is around 4.37%, less than PDO's 11.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ALIZY Allianz SE ADR	4.37%	3.71%	4.91%	4.70%	5.43%	4.87%	2.95%
PDO Pimco Dynamic Income Opportunities Fund	11.94%	11.09%	11.29%	12.54%	19.09%	8.56%	0.00%

Financials

Frequently Asked Questions

Can I hold both ALIZY and PDO in my portfolio?

ALIZY and PDO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALIZY or PDO?

ALIZY has higher volatility (6.09%) compared to PDO (3.68%). In terms of maximum drawdown, ALIZY dropped -49.10% vs PDO's -36.83%.

Which has better risk-adjusted returns?

ALIZY currently has the higher Sharpe Ratio (0.89 vs 0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.