DFRPX vs. PLFRX

Last updated Jun 4, 2026

DFRPX (DWS Floating Rate Fund Class S) and PLFRX (Pacific Funds Floating Rate Income) are both Bank Loan funds. A 0.52 correlation means they provide meaningful diversification when combined. DFRPX charges 0.87%/yr vs 0.68%/yr for PLFRX.

Performance

DFRPX vs. PLFRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Floating Rate Fund Class S (DFRPX) and Pacific Funds Floating Rate Income (PLFRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DFRPX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLFRX

• 1D: 0.00%
• 1M: 0.55%
• YTD: 1.32%
• 6M: 2.15%
• 1Y: 6.15%
• 3Y*: 8.42%
• 5Y*: 5.90%
• 10Y*: 5.11%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFRPX vs. PLFRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFRPX DWS Floating Rate Fund Class S	0.38%	3.45%	7.72%	11.42%	-1.52%	3.75%	0.89%	8.69%	-0.58%	1.57%
PLFRX Pacific Funds Floating Rate Income	1.32%	6.68%	8.38%	13.94%	-2.01%	4.36%	1.26%	8.30%	0.39%	4.33%

Correlation

The correlation between DFRPX and PLFRX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jul 5, 2011	0.52

Over the past year, the correlation between DFRPX and PLFRX has dropped to 0.15 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

Return for Risk

DFRPX vs. PLFRX — Risk / Return Rank

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

PLFRX

PLFRX Risk / Return Rank: 82
PLFRX Sharpe Ratio Rank: 75
PLFRX Sortino Ratio Rank: 97
PLFRX Omega Ratio Rank: 97
PLFRX Calmar Ratio Rank: 79
PLFRX Martin Ratio Rank: 62

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.

DFRPX vs. PLFRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Floating Rate Fund Class S (DFRPX) and Pacific Funds Floating Rate Income (PLFRX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DFRPX	PLFRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.13	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.47	—

Drawdowns

Drawdown Indicators

	DFRPX	PLFRX	Difference
Max Drawdown Largest peak-to-trough decline	—	-18.75%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-2.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.75%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-0.73%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.50%	—

Volatility

Volatility by Period

	DFRPX	PLFRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.46%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	2.78%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.77%	—

DFRPX vs. PLFRX - Expense Ratio Comparison

DFRPX has a 0.87% expense ratio, which is higher than PLFRX's 0.68% expense ratio.

Dividends

DFRPX vs. PLFRX - Dividend Comparison

DFRPX's dividend yield for the trailing twelve months is around 5.11%, less than PLFRX's 7.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFRPX DWS Floating Rate Fund Class S	5.11%	5.99%	8.67%	8.22%	4.25%	3.31%	3.75%	4.80%	4.21%	4.39%	4.76%	4.63%
PLFRX Pacific Funds Floating Rate Income	7.08%	7.18%	8.47%	8.92%	4.39%	3.65%	3.68%	5.10%	5.03%	4.46%	4.21%	4.52%

Frequently Asked Questions

Can I hold both DFRPX and PLFRX in my portfolio?

DFRPX and PLFRX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.