CEFS vs. PDI
Compare and contrast key facts about Saba Closed-End Funds ETF (CEFS) and PIMCO Dynamic Income Fund (PDI).
CEFS is an actively managed fund by Exchange Traded Concepts. It was launched on Mar 21, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEFS or PDI.
Key characteristics
| CEFS | PDI | |
|---|---|---|
| YTD Return | 24.55% | 23.13% |
| 1Y Return | 35.60% | 33.43% |
| 3Y Return (Ann) | 11.14% | 4.03% |
| 5Y Return (Ann) | 12.27% | 2.03% |
| Sharpe Ratio | 3.42 | 2.87 |
| Sortino Ratio | 4.56 | 3.38 |
| Omega Ratio | 1.61 | 1.68 |
| Calmar Ratio | 6.24 | 1.50 |
| Martin Ratio | 21.49 | 16.67 |
| Ulcer Index | 1.72% | 1.84% |
| Daily Std Dev | 10.85% | 10.68% |
| Max Drawdown | -38.99% | -46.47% |
| Current Drawdown | -1.34% | -4.46% |
Correlation
The correlation between CEFS and PDI is 0.33, 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.
Performance
CEFS vs. PDI - Performance Comparison
In the year-to-date period, CEFS achieves a 24.55% return, which is significantly higher than PDI's 23.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CEFS vs. PDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saba Closed-End Funds ETF (CEFS) and PIMCO Dynamic Income Fund (PDI). 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.
Dividends
CEFS vs. PDI - Dividend Comparison
CEFS's dividend yield for the trailing twelve months is around 7.90%, less than PDI's 13.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEFS Saba Closed-End Funds ETF | 7.90% | 9.20% | 11.32% | 10.73% | 8.61% | 7.56% | 9.84% | 6.28% | 0.00% | 0.00% | 0.00% | 0.00% |
PDI PIMCO Dynamic Income Fund | 13.60% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 15.08% | 13.43% | 11.59% |
Drawdowns
CEFS vs. PDI - Drawdown Comparison
The maximum CEFS drawdown since its inception was -38.99%, smaller than the maximum PDI drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for CEFS and PDI. For additional features, visit the drawdowns tool.
Volatility
CEFS vs. PDI - Volatility Comparison
The current volatility for Saba Closed-End Funds ETF (CEFS) is 2.86%, while PIMCO Dynamic Income Fund (PDI) has a volatility of 5.47%. This indicates that CEFS experiences smaller price fluctuations and is considered to be less risky than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.