ARVN vs. PIMIX

Last updated Jun 5, 2026

ARVN (Arvinas, Inc.) is a stock, while PIMIX (PIMCO Income Fund Institutional Class) is Multisector Bonds fund actively managed by PIMCO. Over the past 5 years, ARVN returned -35.70%/yr vs 3.42%/yr for PIMIX. At a 0.18 correlation, their price movements are largely independent.

Performance

ARVN vs. PIMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arvinas, Inc. (ARVN) and PIMCO Income Fund Institutional Class (PIMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARVN achieves a -34.74% return, which is significantly lower than PIMIX's 0.63% return.

ARVN

• 1D: 0.52%
• 1M: -27.05%
• YTD: -34.74%
• 6M: -38.33%
• 1Y: 11.37%
• 3Y*: -30.59%
• 5Y*: -35.70%
• 10Y*: —

PIMIX

• 1D: -0.37%
• 1M: 0.45%
• YTD: 0.63%
• 6M: 1.13%
• 1Y: 7.49%
• 3Y*: 7.74%
• 5Y*: 3.42%
• 10Y*: 4.67%

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

ARVN vs. PIMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ARVN Arvinas, Inc.	-34.74%	-38.13%	-53.43%	20.32%	-58.35%	-3.29%	106.69%	219.77%	-19.94%
PIMIX PIMCO Income Fund Institutional Class	0.63%	11.08%	5.45%	9.36%	-9.07%	2.62%	5.84%	8.10%	1.09%

Correlation

The correlation between ARVN and PIMIX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Sep 28, 2018	0.18

Return for Risk

ARVN vs. PIMIX — Risk / Return Rank

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

ARVN

ARVN Risk / Return Rank: 48
ARVN Sharpe Ratio Rank: 49
ARVN Sortino Ratio Rank: 47
ARVN Omega Ratio Rank: 46
ARVN Calmar Ratio Rank: 47
ARVN Martin Ratio Rank: 50

PIMIX

PIMIX Risk / Return Rank: 41
PIMIX Sharpe Ratio Rank: 43
PIMIX Sortino Ratio Rank: 47
PIMIX Omega Ratio Rank: 46
PIMIX Calmar Ratio Rank: 34
PIMIX Martin Ratio Rank: 34

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.

ARVN vs. PIMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arvinas, Inc. (ARVN) and PIMCO Income Fund Institutional Class (PIMIX). 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.

	ARVN	PIMIX	Difference
Sharpe ratio: Return per unit of total volatility	0.20	1.93	-1.73
Sortino ratio: Return per unit of downside risk	0.69	2.90	-2.21
Omega ratio: Gain probability vs. loss probability	1.09	1.37	-0.29
Calmar ratio: Return relative to maximum drawdown	0.26	2.18	-1.92
Martin ratio: Return relative to average drawdown	0.77	7.56	-6.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARVN vs. PIMIX - Sharpe Ratio Comparison

The current ARVN Sharpe Ratio is 0.20, which is lower than the PIMIX Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of ARVN and PIMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARVN	PIMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	1.93	-1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.52	0.71	-1.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	1.56	-1.68

Drawdowns

ARVN vs. PIMIX - Drawdown Comparison

The maximum ARVN drawdown since its inception was -94.37%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for ARVN and PIMIX.

Drawdown Indicators

	ARVN	PIMIX	Difference
Max Drawdown Largest peak-to-trough decline	-94.37%	-13.39%	-80.98%
Max Drawdown (1Y) Largest decline over 1 year	-44.32%	-3.69%	-40.63%
Max Drawdown (3Y) Largest decline over 3 years	-88.40%	-3.84%	-84.56%
Max Drawdown (5Y) Largest decline over 5 years	-94.37%	-13.34%	-81.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-13.39%	—
Current Drawdown Current decline from peak	-92.82%	-1.30%	-91.52%
Average Drawdown Average peak-to-trough decline	-51.34%	-1.69%	-49.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.82%	1.06%	+13.76%

Volatility

ARVN vs. PIMIX - Volatility Comparison

Arvinas, Inc. (ARVN) has a higher volatility of 13.74% compared to PIMCO Income Fund Institutional Class (PIMIX) at 1.68%. This indicates that ARVN's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARVN	PIMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.74%	1.68%	+12.06%
Volatility (6M) Calculated over the trailing 6-month period	37.14%	3.29%	+33.85%
Volatility (1Y) Calculated over the trailing 1-year period	56.16%	4.17%	+51.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.92%	4.84%	+64.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.75%	4.25%	+73.50%

Dividends

ARVN vs. PIMIX - Dividend Comparison

ARVN has not paid dividends to shareholders, while PIMIX's dividend yield for the trailing twelve months is around 5.85%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARVN Arvinas, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PIMIX PIMCO Income Fund Institutional Class	5.85%	6.01%	6.27%	6.21%	4.98%	4.02%	4.88%	5.83%	5.66%	5.37%	5.52%	7.88%

Frequently Asked Questions

Can I hold both ARVN and PIMIX in my portfolio?

ARVN and PIMIX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARVN or PIMIX?

ARVN has higher volatility (13.74%) compared to PIMIX (1.68%). In terms of maximum drawdown, ARVN dropped -94.37% vs PIMIX's -13.39%.

Which has better risk-adjusted returns?

PIMIX currently has the higher Sharpe Ratio (1.93 vs 0.20), 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.