BOND vs. ^GDAXI

Last updated Apr 2, 2026

Compare and contrast key facts about PIMCO Active Bond ETF (BOND) and DAX Performance Index (^GDAXI).

BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012.

Performance

BOND vs. ^GDAXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Active Bond ETF (BOND) and DAX Performance Index (^GDAXI). The values are adjusted to include any dividend payments, if applicable.

BOND vs. ^GDAXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BOND PIMCO Active Bond ETF	0.10%	8.39%	2.77%	6.48%	-14.57%	-0.77%	7.80%	8.54%	0.08%	4.76%
^GDAXI DAX Performance Index	-6.10%	38.87%	12.05%	24.11%	-17.17%	6.66%	13.66%	22.83%	-22.10%	28.42%

Different Trading Currencies

BOND is traded in USD, while ^GDAXI is traded in EUR. To make them comparable, the ^GDAXI values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BOND achieves a 0.10% return, which is significantly higher than ^GDAXI's -6.10% return. Over the past 10 years, BOND has underperformed ^GDAXI with an annualized return of 2.26%, while ^GDAXI has yielded a comparatively higher 9.25% annualized return.

BOND

• 1D: 0.12%
• 1M: -1.53%
• YTD: 0.10%
• 6M: 1.30%
• 1Y: 4.87%
• 3Y*: 4.80%
• 5Y*: 0.64%
• 10Y*: 2.26%

^GDAXI

• 1D: 3.10%
• 1M: -6.20%
• YTD: -6.10%
• 6M: -4.50%
• 1Y: 11.06%
• 3Y*: 16.82%
• 5Y*: 8.72%
• 10Y*: 9.25%

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

Return for Risk

BOND vs. ^GDAXI — Risk / Return Rank

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

BOND

BOND Risk / Return Rank: 53
BOND Sharpe Ratio Rank: 56
BOND Sortino Ratio Rank: 53
BOND Omega Ratio Rank: 47
BOND Calmar Ratio Rank: 60
BOND Martin Ratio Rank: 47

^GDAXI

^GDAXI Risk / Return Rank: 25
^GDAXI Sharpe Ratio Rank: 24
^GDAXI Sortino Ratio Rank: 22
^GDAXI Omega Ratio Rank: 22
^GDAXI Calmar Ratio Rank: 28
^GDAXI Martin Ratio Rank: 30

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.

BOND vs. ^GDAXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Active Bond ETF (BOND) and DAX Performance Index (^GDAXI). 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.

	BOND	^GDAXI	Difference
Sharpe ratio Return per unit of total volatility	1.04	0.56	+0.48
Sortino ratio Return per unit of downside risk	1.45	0.89	+0.56
Omega ratio Gain probability vs. loss probability	1.19	1.12	+0.07
Calmar ratio Return relative to maximum drawdown	1.58	0.78	+0.80
Martin ratio Return relative to average drawdown	4.61	2.72	+1.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BOND vs. ^GDAXI - Sharpe Ratio Comparison

The current BOND Sharpe Ratio is 1.04, which is higher than the ^GDAXI Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of BOND and ^GDAXI, 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

	BOND	^GDAXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	0.56	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	0.43	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.45	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.25	+0.38

Correlation

The correlation between BOND and ^GDAXI is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

BOND vs. ^GDAXI - Drawdown Comparison

The maximum BOND drawdown since its inception was -19.71%, smaller than the maximum ^GDAXI drawdown of -60.99%. Use the drawdown chart below to compare losses from any high point for BOND and ^GDAXI.

Drawdown Indicators

	BOND	^GDAXI	Difference
Max Drawdown Largest peak-to-trough decline	-19.71%	-72.68%	+52.97%
Max Drawdown (1Y) Largest decline over 1 year	-3.29%	-12.27%	+8.98%
Max Drawdown (5Y) Largest decline over 5 years	-19.71%	-26.40%	+6.69%
Max Drawdown (10Y) Largest decline over 10 years	-19.71%	-38.78%	+19.07%
Current Drawdown Current decline from peak	-1.94%	-8.35%	+6.41%
Average Drawdown Average peak-to-trough decline	-3.53%	-14.75%	+11.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	3.62%	-2.49%

Volatility

BOND vs. ^GDAXI - Volatility Comparison

The current volatility for PIMCO Active Bond ETF (BOND) is 1.83%, while DAX Performance Index (^GDAXI) has a volatility of 7.38%. This indicates that BOND experiences smaller price fluctuations and is considered to be less risky than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOND	^GDAXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.83%	7.38%	-5.55%
Volatility (6M) Calculated over the trailing 6-month period	2.70%	12.44%	-9.74%
Volatility (1Y) Calculated over the trailing 1-year period	4.72%	19.60%	-14.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.73%	20.09%	-14.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.07%	20.45%	-15.38%