CAPM.TO vs. PMIF.TO
CAPM.TO (Capital Group Multi-Sector Income Select ETF (Canada)) and PMIF.TO (PIMCO Monthly Income Fund (Canada)) are both Multisector Bonds funds. Both are actively managed. Over the past year, CAPM.TO returned 2.41% vs 3.55% for PMIF.TO. Their 0.50 correlation means their historical movements had little consistent relationship. CAPM.TO charges 0.42%/yr vs 0.86%/yr for PMIF.TO.
Performance
CAPM.TO vs. PMIF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CAPM.TO achieves a -0.07% return, which is significantly higher than PMIF.TO's -0.47% return.
CAPM.TO
- 1D
- -0.14%
- 1M
- -1.01%
- 6M
- -0.27%
- YTD
- -0.07%
- 1Y
- 2.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.71%
PMIF.TO
- 1D
- 0.06%
- 1M
- -1.49%
- 6M
- -0.74%
- YTD
- -0.47%
- 1Y
- 3.55%
- 3Y*
- 5.82%
- 5Y*
- 2.87%
- 10Y*
- —
- ALL TIME*
- 3.18%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$350.96K | CA$289.20K | CA$368.04K | |
| CA$2.78M | CA$3.15M | CA$3.28M |
CAPM.TO vs. PMIF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CAPM.TO Capital Group Multi-Sector Income Select ETF (Canada) | -0.07% | 6.74% | -0.02% |
PMIF.TO PIMCO Monthly Income Fund (Canada) | -0.47% | 9.04% | 0.31% |
Correlation
The correlation between CAPM.TO and PMIF.TO is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2024 | 0.50 |
The correlation between CAPM.TO and PMIF.TO has been stable across timeframes, ranging from 0.50 to 0.56 - a consistent structural relationship.
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Return for Risk
CAPM.TO vs. PMIF.TO — Risk / Return Rank
CAPM.TO
PMIF.TO
CAPM.TO vs. PMIF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Multi-Sector Income Select ETF (Canada) (CAPM.TO) and PIMCO Monthly Income Fund (Canada) (PMIF.TO). 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.
| CAPM.TO | PMIF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.19 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.22 | -0.22 |
| Martin ratioReturn relative to average drawdown | 3.79 | 4.06 | -0.26 |
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Drawdowns
CAPM.TO vs. PMIF.TO - Drawdown Comparison
The maximum CAPM.TO drawdown since its inception was -4.18%, smaller than the maximum PMIF.TO drawdown of -18.30%. Use the drawdown chart below to compare losses from any high point for CAPM.TO and PMIF.TO.
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Drawdown Indicators
| CAPM.TO | PMIF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.18% | -18.30% | +14.12% |
Max Drawdown (1Y)Largest decline over 1 year | -2.50% | -3.22% | +0.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.25% | — |
Current DrawdownCurrent decline from peak | -1.24% | -1.77% | +0.53% |
Average DrawdownAverage peak-to-trough decline | -0.60% | -1.86% | +1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 0.96% | -0.30% |
Volatility
CAPM.TO vs. PMIF.TO - Volatility Comparison
The current volatility for Capital Group Multi-Sector Income Select ETF (Canada) (CAPM.TO) is 0.58%, while PIMCO Monthly Income Fund (Canada) (PMIF.TO) has a volatility of 1.07%. This indicates that CAPM.TO experiences smaller price fluctuations and is considered to be less risky than PMIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAPM.TO | PMIF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 1.07% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 2.15% | 3.12% | -0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.92% | 3.70% | -0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.33% | 4.83% | -1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.33% | 5.80% | -2.47% |
CAPM.TO vs. PMIF.TO - Expense Ratio Comparison
CAPM.TO has a 0.42% expense ratio, which is lower than PMIF.TO's 0.86% expense ratio.
Dividends
CAPM.TO vs. PMIF.TO - Dividend Comparison
CAPM.TO's dividend yield for the trailing twelve months is around 5.73%, which matches PMIF.TO's 5.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CAPM.TO Capital Group Multi-Sector Income Select ETF (Canada) | 5.73% | 5.35% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PMIF.TO PIMCO Monthly Income Fund (Canada) | 5.71% | 5.50% | 6.96% | 6.06% | 3.73% | 3.22% | 3.58% | 3.80% | 3.51% | 0.59% |
Frequently Asked Questions
CAPM.TO and PMIF.TO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CAPM.TO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CAPM.TO is cheaper with a 0.42% expense ratio, compared with 0.86% for PMIF.TO.
They also come from different issuers: Capital Group and PIMCO. Their fees differ too: 0.42% for CAPM.TO and 0.86% for PMIF.TO.
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