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CORP vs. PIGIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CORP vs. PIGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Investment Grade Corporate Bond Index ETF (CORP) and PIMCO Investment Grade Credit Bond Fund (PIGIX). The values are adjusted to include any dividend payments, if applicable.

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CORP vs. PIGIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CORP
PIMCO Investment Grade Corporate Bond Index ETF
-0.22%7.96%2.47%9.13%-14.96%-1.18%9.70%14.80%-3.29%6.56%
PIGIX
PIMCO Investment Grade Credit Bond Fund
-1.18%8.52%3.28%7.97%-16.67%-1.03%7.53%14.75%-1.99%7.96%

Returns By Period

In the year-to-date period, CORP achieves a -0.22% return, which is significantly higher than PIGIX's -1.18% return. Both investments have delivered pretty close results over the past 10 years, with CORP having a 2.90% annualized return and PIGIX not far ahead at 2.91%.


CORP

1D
0.09%
1M
-1.53%
YTD
-0.22%
6M
0.28%
1Y
4.81%
3Y*
4.96%
5Y*
1.07%
10Y*
2.90%

PIGIX

1D
0.45%
1M
-2.49%
YTD
-1.18%
6M
-0.31%
1Y
3.80%
3Y*
4.83%
5Y*
0.49%
10Y*
2.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CORP vs. PIGIX - Expense Ratio Comparison

CORP has a 0.20% expense ratio, which is lower than PIGIX's 0.51% expense ratio.


Return for Risk

CORP vs. PIGIX — Risk / Return Rank

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

CORP
CORP Risk / Return Rank: 5050
Overall Rank
CORP Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
CORP Sortino Ratio Rank: 4545
Sortino Ratio Rank
CORP Omega Ratio Rank: 4242
Omega Ratio Rank
CORP Calmar Ratio Rank: 6363
Calmar Ratio Rank
CORP Martin Ratio Rank: 5151
Martin Ratio Rank

PIGIX
PIGIX Risk / Return Rank: 3535
Overall Rank
PIGIX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
PIGIX Sortino Ratio Rank: 2929
Sortino Ratio Rank
PIGIX Omega Ratio Rank: 2424
Omega Ratio Rank
PIGIX Calmar Ratio Rank: 5050
Calmar Ratio Rank
PIGIX Martin Ratio Rank: 4040
Martin Ratio Rank
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.

CORP vs. PIGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Corporate Bond Index ETF (CORP) and PIMCO Investment Grade Credit Bond Fund (PIGIX). 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.


CORPPIGIXDifference

Sharpe ratio

Return per unit of total volatility

0.94

0.81

+0.13

Sortino ratio

Return per unit of downside risk

1.30

1.14

+0.16

Omega ratio

Gain probability vs. loss probability

1.17

1.15

+0.03

Calmar ratio

Return relative to maximum drawdown

1.71

1.32

+0.39

Martin ratio

Return relative to average drawdown

5.22

4.41

+0.80

CORP vs. PIGIX - Sharpe Ratio Comparison

The current CORP Sharpe Ratio is 0.94, which is comparable to the PIGIX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of CORP and PIGIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CORPPIGIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

0.81

+0.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.16

0.08

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

0.51

-0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

1.05

-0.50

Correlation

The correlation between CORP and PIGIX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

CORP vs. PIGIX - Dividend Comparison

CORP's dividend yield for the trailing twelve months is around 4.83%, more than PIGIX's 4.45% yield.


TTM20252024202320222021202020192018201720162015
CORP
PIMCO Investment Grade Corporate Bond Index ETF
4.83%4.77%4.74%4.12%3.28%2.51%2.90%3.25%3.18%3.08%2.91%3.14%
PIGIX
PIMCO Investment Grade Credit Bond Fund
4.45%4.69%4.37%3.48%3.37%4.50%3.81%3.93%4.22%4.47%3.91%6.70%

Drawdowns

CORP vs. PIGIX - Drawdown Comparison

The maximum CORP drawdown since its inception was -21.21%, smaller than the maximum PIGIX drawdown of -23.09%. Use the drawdown chart below to compare losses from any high point for CORP and PIGIX.


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Drawdown Indicators


CORPPIGIXDifference

Max Drawdown

Largest peak-to-trough decline

-21.21%

-23.09%

+1.88%

Max Drawdown (1Y)

Largest decline over 1 year

-2.97%

-3.98%

+1.01%

Max Drawdown (5Y)

Largest decline over 5 years

-21.21%

-23.09%

+1.88%

Max Drawdown (10Y)

Largest decline over 10 years

-21.21%

-23.09%

+1.88%

Current Drawdown

Current decline from peak

-1.84%

-3.01%

+1.17%

Average Drawdown

Average peak-to-trough decline

-3.64%

-3.07%

-0.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

1.19%

-0.22%

Volatility

CORP vs. PIGIX - Volatility Comparison

The current volatility for PIMCO Investment Grade Corporate Bond Index ETF (CORP) is 1.95%, while PIMCO Investment Grade Credit Bond Fund (PIGIX) has a volatility of 2.25%. This indicates that CORP experiences smaller price fluctuations and is considered to be less risky than PIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CORPPIGIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.95%

2.25%

-0.30%

Volatility (6M)

Calculated over the trailing 6-month period

2.81%

3.20%

-0.39%

Volatility (1Y)

Calculated over the trailing 1-year period

5.11%

5.16%

-0.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.87%

6.38%

+0.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.07%

5.78%

+1.29%