BWG vs. PLSRX
BWG (BrandywineGLOBAL Global Income Opportunities Fund) and PLSRX (Pacific Funds Strategic Income) are both Multisector Bonds funds. Over the past 10 years, BWG returned 4.15%/yr vs 4.65%/yr for PLSRX. Their 0.41 correlation means their historical movements had little consistent relationship. BWG charges 2.66%/yr vs 0.64%/yr for PLSRX.
Performance
BWG vs. PLSRX - Performance Comparison
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Returns By Period
In the year-to-date period, BWG achieves a -0.99% return, which is significantly lower than PLSRX's 0.52% return. Over the past 10 years, BWG has underperformed PLSRX with an annualized return of 4.15%, while PLSRX has yielded a comparatively higher 4.65% annualized return.
BWG
- 1D
- 0.52%
- 1M
- -1.14%
- 6M
- -3.87%
- YTD
- -0.99%
- 1Y
- 3.15%
- 3Y*
- 10.23%
- 5Y*
- 1.88%
- 10Y*
- 4.15%
- ALL TIME*
- 3.10%
PLSRX
- 1D
- 0.19%
- 1M
- -0.77%
- 6M
- 0.16%
- YTD
- 0.52%
- 1Y
- 3.23%
- 3Y*
- 6.29%
- 5Y*
- 2.97%
- 10Y*
- 4.65%
- ALL TIME*
- 5.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $472.54K | $476.94K | $544.76K | |
| $0.00 | $0.00 | $0.00 |
BWG vs. PLSRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWG BrandywineGLOBAL Global Income Opportunities Fund | -0.99% | 17.38% | 7.31% | 15.94% | -21.53% | 1.34% | 6.30% | 30.59% | -12.14% | 17.16% |
PLSRX Pacific Funds Strategic Income | 0.52% | 7.40% | 6.04% | 11.24% | -9.67% | 3.61% | 9.82% | 13.65% | -2.64% | 6.85% |
Correlation
The correlation between BWG and PLSRX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2012 | 0.41 |
The correlation between BWG and PLSRX has been stable across timeframes, ranging from 0.41 to 0.51 - a consistent structural relationship.
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Return for Risk
BWG vs. PLSRX — Risk / Return Rank
BWG
PLSRX
BWG vs. PLSRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL Global Income Opportunities Fund (BWG) and Pacific Funds Strategic Income (PLSRX). 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.
| BWG | PLSRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.25 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 1.70 | -1.42 |
| Martin ratioReturn relative to average drawdown | 0.82 | 7.12 | -6.30 |
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Drawdowns
BWG vs. PLSRX - Drawdown Comparison
The maximum BWG drawdown since its inception was -35.39%, which is greater than PLSRX's maximum drawdown of -19.88%. Use the drawdown chart below to compare losses from any high point for BWG and PLSRX.
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Drawdown Indicators
| BWG | PLSRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.39% | -19.88% | -15.51% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -2.14% | -9.89% |
Max Drawdown (3Y)Largest decline over 3 years | -14.00% | -3.29% | -10.71% |
Max Drawdown (5Y)Largest decline over 5 years | -34.10% | -13.71% | -20.39% |
Max Drawdown (10Y)Largest decline over 10 years | -34.27% | -19.88% | -14.39% |
Current DrawdownCurrent decline from peak | -5.09% | -0.86% | -4.23% |
Average DrawdownAverage peak-to-trough decline | -10.78% | -1.72% | -9.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.16% | 0.51% | +3.65% |
Volatility
BWG vs. PLSRX - Volatility Comparison
BrandywineGLOBAL Global Income Opportunities Fund (BWG) has a higher volatility of 2.12% compared to Pacific Funds Strategic Income (PLSRX) at 0.75%. This indicates that BWG's price experiences larger fluctuations and is considered to be riskier than PLSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BWG | PLSRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 0.75% | +1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 8.40% | 2.28% | +6.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.49% | 2.72% | +7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.04% | 4.03% | +10.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.97% | 4.46% | +10.51% |
BWG vs. PLSRX - Expense Ratio Comparison
BWG has a 2.66% expense ratio, which is higher than PLSRX's 0.64% expense ratio.
Dividends
BWG vs. PLSRX - Dividend Comparison
BWG's dividend yield for the trailing twelve months is around 12.42%, more than PLSRX's 5.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWG BrandywineGLOBAL Global Income Opportunities Fund | 12.42% | 11.47% | 12.00% | 11.73% | 13.25% | 8.20% | 6.81% | 6.55% | 8.70% | 8.35% | 10.31% | 16.41% |
PLSRX Pacific Funds Strategic Income | 5.20% | 5.67% | 5.97% | 5.17% | 4.73% | 4.10% | 3.84% | 4.32% | 4.74% | 3.87% | 4.14% | 4.71% |
Frequently Asked Questions
BWG and PLSRX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BWG has higher volatility (2.12%) compared to PLSRX (0.75%). In terms of maximum drawdown, BWG dropped -35.39% vs PLSRX's -19.88%.
PLSRX currently has the higher Sharpe Ratio (1.34 vs 0.32), 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.
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