Correlation
The correlation between BOND and SCHZ is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
BOND vs. SCHZ
Compare and contrast key facts about PIMCO Active Bond ETF (BOND) and Schwab U.S. Aggregate Bond ETF (SCHZ).
BOND and SCHZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012. SCHZ is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate. It was launched on Jul 14, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOND or SCHZ.
Performance
BOND vs. SCHZ - Performance Comparison
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Key characteristics
BOND:
0.90
SCHZ:
0.87
BOND:
1.20
SCHZ:
1.15
BOND:
1.14
SCHZ:
1.13
BOND:
0.43
SCHZ:
0.33
BOND:
2.28
SCHZ:
1.91
BOND:
2.04%
SCHZ:
2.19%
BOND:
5.69%
SCHZ:
5.39%
BOND:
-19.71%
SCHZ:
-18.74%
BOND:
-5.67%
SCHZ:
-7.78%
Returns By Period
In the year-to-date period, BOND achieves a 1.54% return, which is significantly lower than SCHZ's 1.69% return. Over the past 10 years, BOND has outperformed SCHZ with an annualized return of 1.76%, while SCHZ has yielded a comparatively lower 1.36% annualized return.
BOND
1.54%
-0.92%
1.24%
4.87%
2.03%
-0.11%
1.76%
SCHZ
1.69%
-1.01%
1.35%
4.50%
1.15%
-1.12%
1.36%
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BOND vs. SCHZ - Expense Ratio Comparison
BOND has a 0.57% expense ratio, which is higher than SCHZ's 0.04% expense ratio.
Risk-Adjusted Performance
BOND vs. SCHZ — Risk-Adjusted Performance Rank
BOND
SCHZ
BOND vs. SCHZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Active Bond ETF (BOND) and Schwab U.S. Aggregate Bond ETF (SCHZ). 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.
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Dividends
BOND vs. SCHZ - Dividend Comparison
BOND's dividend yield for the trailing twelve months is around 5.14%, more than SCHZ's 4.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOND PIMCO Active Bond ETF | 5.14% | 5.02% | 4.78% | 3.44% | 2.58% | 2.66% | 3.38% | 3.47% | 2.87% | 2.85% | 4.14% | 4.13% |
SCHZ Schwab U.S. Aggregate Bond ETF | 4.06% | 3.96% | 3.28% | 2.63% | 2.16% | 2.43% | 2.79% | 2.79% | 2.40% | 2.24% | 2.11% | 2.03% |
Drawdowns
BOND vs. SCHZ - Drawdown Comparison
The maximum BOND drawdown since its inception was -19.71%, which is greater than SCHZ's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for BOND and SCHZ.
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Volatility
BOND vs. SCHZ - Volatility Comparison
PIMCO Active Bond ETF (BOND) has a higher volatility of 1.79% compared to Schwab U.S. Aggregate Bond ETF (SCHZ) at 1.39%. This indicates that BOND's price experiences larger fluctuations and is considered to be riskier than SCHZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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